Forex Trend Analysis Report
Prepared for you on Monday, April 22, 2019.
Viet Nam Dong/Japanese Yen (FOREX:VNDJPY)
Smart Scan Chart Analysis is showing some near term weakness. However, this market remains in the confines of a longer term Uptrend with tight money management stops.
The Trade Triangles are generated using a proprietary algorithm that is comprised of weighted factors that include, but are not limited to - price change, percentage change, moving averages, and new highs/lows. The MarketClub trading strategy is based on the triangles, learn more here.
MarketClub’s Trade Triangles for VNDJPY
The long term trend has been UP since Apr 14th, 2019 at 0.004824
The intermediate term trend has been UP since Apr 7th, 2019 at 0.004810
The short term trend has been UP since Apr 14th, 2019 at 0.004812
Smart Scan Analysis for VNDJPY
Based on a pre-defined weighted trend formula for chart analysis, VNDJPY scored +70 on a scale from -100 (strong downtrend) to +100 (strong uptrend).