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Forex Trend Analysis Report

Prepared for you on Thursday, December 5, 2024.

Viet Nam Dong/US Dollar (FOREX:VNDUSD)

Crossroads (-60) - VNDUSD is struggling to move into a solid trend. Beware of choppy markets and consider a sidelines position until a stronger trend is identified.

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
0.00003937 0.00003938 0.00003937 0.00003938 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 Oct 2nd, 2024 at 0.00004048

short term down The short-term trend has been DOWN since Dec 2nd, 2024 at 0.00003939

Smart Scan Analysis for VNDUSD

Based on our trend formula, VNDUSD is rated as a -60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-60
Smart Scan Analysis for VNDUSD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.00003937 0.00003938 0.00003937 0.00003938 0.00000000
Prev. Close Volume Bid Ask Time
0.00003937 2024-12-05 04:35:12
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