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Forex Trend Analysis Report

Prepared for you on Saturday, December 21, 2024.

Viet Nam Dong/Japanese Yen (FOREX:VNDJPY)

Strong Uptrend (+100) - VNDJPY is in a strong uptrend that is likely to continue. With short-term, intermediate, and long-term bullish momentum, VNDJPY continues to climb. Traders should protect gains and look for a change in score to suggest a slow down in momentum.

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
0.00617838 0.00617948 0.00612705 0.00614614 -0.00003200
Entry Signal

MarketClub’s Trade Triangles for VNDJPY

long term up The long-term trend has been UP since Dec 19th, 2024 at 0.00617122

intermediate term up The intermediate-term trend has been UP since Dec 18th, 2024 at 0.00608933

short term up The short-term trend has been UP since Dec 4th, 2024 at 0.00594765

Smart Scan Analysis for VNDJPY

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

+100
Smart Scan Analysis for VNDJPY
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.00617838 0.00617948 0.00612705 0.00614614 -0.00003200
Prev. Close Volume Bid Ask Time
0.00617838 2024-12-20 17:01:46
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