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Forex Trend Analysis Report

Prepared for you on Friday, February 28, 2020.

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.

FOREX_VNDEUR
Open High Low VNDEUR Price Change
0.00393194 0.00393194 0.00391485 0.00391485 -0.00001700
Entry Signal

MarketClub’s Trade Triangles for VNDEUR

long term up The long-term trend has been UP since Feb 7th, 2020 at 0.00392407

intermediate term up The intermediate-term trend has been UP since Jan 20th, 2020 at 0.00389033

short term down The short-term trend has been DOWN since Feb 25th, 2020 at 0.00397604

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).

+55
Smart Scan Analysis for VNDEUR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.00393194 0.00393194 0.00391485 0.00391485 -0.00001700
Prev. Close Volume Bid Ask Time
0.00393194 0.00385357 0.00397614 2020-02-28 07:56:58
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