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Forex Trend Analysis Report

Prepared for you on Wednesday, July 17, 2024.

Viet Nam Dong/Euro (FOREX:VNDEUR)

Sidelines Mode (+55) - VNDEUR 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 VNDEUR?

MarketClub looks at technical strength and momentum to determine if the timing is right for VNDEUR.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

FOREX_VNDEUR
Open High Low VNDEUR Price Change
0.00003614 0.00003619 0.00003603 0.00003609 0.00000000
Entry Signal

MarketClub’s Trade Triangles for VNDEUR

long term up The long-term trend has been UP since May 7th, 2024 at 0.00003828

intermediate term down The intermediate-term trend has been DOWN since Jul 11th, 2024 at 0.00003623

short term up The short-term trend has been UP since Jul 16th, 2024 at 0.00003622

Smart Scan Analysis for VNDEUR

Based on our trend formula, VNDEUR is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+55
Smart Scan Analysis for VNDEUR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.00003614 0.00003619 0.00003603 0.00003609 0.00000000
Prev. Close Volume Bid Ask Time
0.00003614 2024-07-17 19:33:05
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