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Forex Trend Analysis Report

Prepared for you on Tuesday, July 23, 2024.

Viet Nam Dong/Hong Kong Dollar (FOREX:VNDHKD)

Sidelines Mode (-55) - VNDHKD 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 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.

FOREX_VNDHKD
Open High Low VNDHKD Price Change
0.00030787 0.00030790 0.00030762 0.00030769 0.00000000
Entry Signal

MarketClub’s Trade Triangles for VNDHKD

long term down The long-term trend has been DOWN since May 8th, 2024 at 0.00030734

intermediate term up The intermediate-term trend has been UP since Jun 2nd, 2024 at 0.00030730

short term down The short-term trend has been DOWN since Jul 22nd, 2024 at 0.00030808

Smart Scan Analysis for VNDHKD

Based on our trend formula, VNDHKD is rated as a -55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-55
Smart Scan Analysis for VNDHKD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.00030787 0.00030790 0.00030762 0.00030769 0.00000000
Prev. Close Volume Bid Ask Time
0.00030787 2024-07-23 22:53:56
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