Forex Trend Analysis Report
Prepared for you on Monday, January 17, 2022.
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.
MarketClub’s Trade Triangles for VNDEUR
The long-term trend has been UP since Jul 23rd, 2021 at 0.00003694
The intermediate-term trend has been DOWN since Jan 13th, 2022 at 0.00003840
The short-term trend has been UP since Jan 17th, 2022 at 0.00003861
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).