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Forex Trend Analysis Report
Prepared for you on Sunday, November 24, 2024.
Viet Nam Dong/Canadian Dollar (FOREX:VNDCAD)
Sidelines Mode (+55) - VNDCAD is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.
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.
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MarketClub’s Trade Triangles for VNDCAD
The long-term trend has been UP since May 7th, 2024 at 0.00005562
The intermediate-term trend has been UP since Nov 14th, 2024 at 0.00005528
The short-term trend has been DOWN since Nov 19th, 2024 at 0.00005511
Smart Scan Analysis for VNDCAD
Based on our trend formula, VNDCAD is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.00005521 | 0.00005521 | 0.00005491 | 0.00005493 | 0.00000000 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.00005521 | 2024-11-24 15:33:50 |