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Forex Trend Analysis Report

Prepared for you on Friday, August 14, 2020.

Viet Nam Dong/Japanese Yen (FOREX:VNDJPY)

Long-Term Downtrend (-90) - VNDJPY is in a strong downtrend that is likely to continue. While VNDJPY is showing intraday strength, it remains in the confines of a bearish trend. Traders should use caution and set stops.

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.

FOREX_VNDJPY
Open High Low VNDJPY Price Change
0.00455756 0.00455756 0.00455756 0.00455756 0.00000000
Entry Signal

MarketClub’s Trade Triangles for VNDJPY

long term down The long-term trend has been DOWN since Mar 2nd, 2020 at 0.00466380

intermediate term down The intermediate-term trend has been DOWN since Jul 26th, 2020 at 0.00460988

short term down The short-term trend has been DOWN since Jul 9th, 2020 at 0.00463659

Smart Scan Analysis for VNDJPY

Based on our trend formula, VNDJPY is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-90
Smart Scan Analysis for VNDJPY
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.00455756 0.00455756 0.00455756 0.00455756 0.00000000
Prev. Close Volume Bid Ask Time
0.00460245 0.00449103 0.00462409 2020-08-08 17:45:53
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