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.
MarketClub’s Trade Triangles for VNDEUR
The long-term trend has been DOWN since Mar 6th, 2020 at 0.00384440
The intermediate-term trend has been UP since Jun 30th, 2020 at 0.00384514
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).