Forex Trend Analysis Report
Prepared for you on Saturday, October 23, 2021.
Viet Nam Dong/Japanese Yen (FOREX:VNDJPY)
Bull Market Weakness (+75) - VNDJPY is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on VNDJPY as it may be in the beginning stages of a reversal.
Is it time to buy, sell, or avoid VNDJPY?
MarketClub looks at technical strength and momentum to determine if the timing is right for VNDJPY.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for VNDJPY
The long-term trend has been UP since Feb 2nd, 2021 at 0.00455018
The intermediate-term trend has been UP since Sep 27th, 2021 at 0.00484867
The short-term trend has been UP since Sep 27th, 2021 at 0.00480881
Smart Scan Analysis for VNDJPY
Based on our trend formula, VNDJPY is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).