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Forex Trend Analysis Report

Prepared for you on Friday, August 23, 2019.

Viet Nam Dong/Japanese Yen (FOREX:VNDJPY)

Smart Scan Chart Analysis continues negative longer term. Look for this market to remain weak. Strong Downtrend with money management stops. A triangle indicates the presence of a very strong trend that is being driven by strong forces and insiders.

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.

FOREX_VNDJPY
Open High Low VNDJPY Price Change
0.004592 0.004592 0.004592 0.004592 0.000000
Entry Signal

MarketClub’s Trade Triangles for VNDJPY

long term down The long term trend has been DOWN since May 13th, 2019 at 0.004717

intermediate term down The intermediate term trend has been DOWN since Aug 4th, 2019 at 0.004629

short term down The short term trend has been DOWN since Aug 4th, 2019 at 0.004631

Smart Scan Analysis for VNDJPY

Based on a pre-defined weighted trend formula for chart analysis, VNDJPY scored -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
0.004592 0.004592 0.004592 0.004592 0.000000
Prev. Close Volume Bid Ask Time
0.004596 0.004520 0.004663 2019-08-18 20:19:29
Want to analyze Viet Nam Dong/Japanese Yen VNDJPY or another symbol? Try our Free Forex Trend Analysis Report.