Forex Trend Analysis Report
Prepared for you on Sunday, December 3, 2023.
Viet Nam Dong/Euro (FOREX:VNDEUR)
Sidelines Mode (+50) - VNDEUR is failing to move into a strong trend and is encountering choppy trading conditions. Be cautious and consider taking a sidelines position until VNDEUR can gain momentum.
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.
MarketClub’s Trade Triangles for VNDEUR
The long-term trend has been DOWN since Nov 14th, 2023 at 0.00003788
The intermediate-term trend has been UP since Dec 1st, 2023 at 0.00003860
The short-term trend has been UP since Dec 1st, 2023 at 0.00003838
Smart Scan Analysis for VNDEUR
Based on our trend formula, VNDEUR is rated as a +50 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).