Forex Trend Analysis Report
Prepared for you on Tuesday, March 28, 2023.
Viet Nam Dong/Canadian Dollar (FOREX:VNDCAD)
Countertrend Up (+85) - VNDCAD is showing short-term weakness. However, look for the longer-term bullish trend to resume. As always, continue to monitor the trend score and utilize a stop order.
Is it time to buy, sell, or avoid VNDCAD?
MarketClub looks at technical strength and momentum to determine if the timing is right for VNDCAD.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for VNDCAD
The long-term trend has been UP since Dec 9th, 2022 at 0.00005817
The intermediate-term trend has been UP since Feb 28th, 2023 at 0.00005742
The short-term trend has been DOWN since Mar 27th, 2023 at 0.00005801
Smart Scan Analysis for VNDCAD
Based on our trend formula, VNDCAD is rated as a +85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).