Forex Trend Analysis Report
Prepared for you on Friday, July 30, 2021.
Viet Nam Dong/US Dollar (FOREX:VNDUSD)
Bull Market Weakness (+75) - VNDUSD is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on VNDUSD as it may be in the beginning stages of a reversal.
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.
MarketClub’s Trade Triangles for VNDUSD
The long-term trend has been UP since Jul 29th, 2021 at 0.00004375
The intermediate-term trend has been UP since Jul 29th, 2021 at 0.00004368
The short-term trend has been UP since Jul 27th, 2021 at 0.00004360
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).