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Forex Trend Analysis Report

Prepared for you on Friday, April 19, 2024.

Viet Nam Dong/Euro (FOREX:VNDEUR)

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

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
0.00003695 0.00003696 0.00003682 0.00003683 0.00000000
Entry Signal

MarketClub’s Trade Triangles for VNDEUR

long term down The long-term trend has been DOWN since Nov 14th, 2023 at 0.00003788

intermediate term up The intermediate-term trend has been UP since Mar 28th, 2024 at 0.00003742

short term down The short-term trend has been DOWN since Apr 16th, 2024 at 0.00003721

Smart Scan Analysis for VNDEUR

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

-75
Smart Scan Analysis for VNDEUR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.00003695 0.00003696 0.00003682 0.00003683 0.00000000
Prev. Close Volume Bid Ask Time
0.00003695 2024-04-19 10:01:41
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