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Forex Trend Analysis Report

Prepared for you on Tuesday, July 7, 2020.

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
0.00381637 0.00381637 0.00381637 0.00381637 0.00000000
Entry Signal

MarketClub’s Trade Triangles for VNDEUR

long term down The long-term trend has been DOWN since Mar 6th, 2020 at 0.00384440

intermediate term up The intermediate-term trend has been UP since Jun 30th, 2020 at 0.00384514

short term down The short-term trend has been DOWN since Jul 6th, 2020 at 0.00382177

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
0.00381637 0.00381637 0.00381637 0.00381637 0.00000000
Prev. Close Volume Bid Ask Time
0.00381637 0.00375813 0.00387462 2020-07-07 03:02:16
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