Forex Trend Analysis Report
Prepared for you on Thursday, September 21, 2023.
Viet Nam Dong/US Dollar (FOREX:VNDUSD)
Bear Market Rally (-75) - VNDUSD is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on VNDUSD as it may be in the beginning 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 DOWN since Sep 13th, 2023 at 0.00004132
The intermediate-term trend has been DOWN since Sep 13th, 2023 at 0.00004132
The short-term trend has been UP since Sep 21st, 2023 at 0.00004122
Smart Scan Analysis for VNDUSD
Based on our trend formula, VNDUSD is rated as a -75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).