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Forex Trend Analysis Report

Prepared for you on Tuesday, May 28, 2024.

Viet Nam Dong/US Dollar (FOREX:VNDUSD)

Weak Downtrend (-65) - VNDUSD is showing signs of a strengthening downtrend. Monitor VNDUSD as it may be building momentum to the downside.

Is it time to buy, sell, or avoid VNDUSD?

MarketClub looks at technical strength and momentum to determine if the timing is right for VNDUSD.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

FOREX_VNDUSD
Open High Low VNDUSD Price Change
0.00003929 0.00003929 0.00003929 0.00003929 0.00000000
Entry Signal

MarketClub’s Trade Triangles for VNDUSD

long term up The long-term trend has been UP since May 7th, 2024 at 0.00004110

intermediate term down The intermediate-term trend has been DOWN since May 21st, 2024 at 0.00003928

short term down The short-term trend has been DOWN since May 21st, 2024 at 0.00003928

Smart Scan Analysis for VNDUSD

Based on our trend formula, VNDUSD is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-70
Smart Scan Analysis for VNDUSD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.00003929 0.00003929 0.00003929 0.00003929 0.00000000
Prev. Close Volume Bid Ask Time
0.00003929 2024-05-28 15:37:57
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