Free Daily Analysis

Forex Trend Analysis Report

Prepared for you on Wednesday, May 12, 2021.

Viet Nam Dong/Canadian Dollar (FOREX:VNDCAD)

Bear Market Rally (-75) - VNDCAD is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on VNDCAD as it may be in the beginning of a reversal.

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.

FOREX_VNDCAD
Open High Low VNDCAD Price Change
0.00005242 0.00005247 0.00005219 0.00005229 0.00000000
Entry Signal

MarketClub’s Trade Triangles for VNDCAD

long term down The long-term trend has been DOWN since Aug 5th, 2020 at 0.00573328

intermediate term down The intermediate-term trend has been DOWN since Apr 18th, 2021 at 0.00005414

short term up The short-term trend has been UP since Apr 14th, 2021 at 0.00005477

Smart Scan Analysis for VNDCAD

Based on our trend formula, VNDCAD is rated as a -75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-75
Smart Scan Analysis for VNDCAD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.00005242 0.00005247 0.00005219 0.00005229 0.00000000
Prev. Close Volume Bid Ask Time
0.00005242 2021-05-12 12:50:36
Get a free daily analysis and signals for Viet Nam Dong/Canadian Dollar (VNDCAD) - Request Your Free Report.