Forex Trend Analysis Report
Prepared for you on Monday, January 17, 2022.
Viet Nam Dong/Hong Kong Dollar (FOREX:VNDHKD)
Bear Market Rally (-75) - VNDHKD is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on VNDHKD as it may be in the beginning of a reversal.
Is it time to buy, sell, or avoid VNDHKD?
MarketClub looks at technical strength and momentum to determine if the timing is right for VNDHKD.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for VNDHKD
The long-term trend has been DOWN since Nov 29th, 2021 at 0.00034383
The intermediate-term trend has been UP since Dec 26th, 2021 at 0.00034158
The short-term trend has been DOWN since Jan 13th, 2022 at 0.00034284
Smart Scan Analysis for VNDHKD
Based on our trend formula, VNDHKD is rated as a -75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).