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Forex Trend Analysis Report

Prepared for you on Friday, October 22, 2021.

Viet Nam Dong/US Dollar (FOREX:VNDUSD)

Sidelines Mode (+55) - VNDUSD is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement 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
0.00004391 0.00004402 0.00004390 0.00004392 0.00000000
Entry Signal

MarketClub’s Trade Triangles for VNDUSD

long term up The long-term trend has been UP since Jul 29th, 2021 at 0.00004375

intermediate term up The intermediate-term trend has been UP since Oct 14th, 2021 at 0.00004410

short term down The short-term trend has been DOWN since Oct 20th, 2021 at 0.00004380

Smart Scan Analysis for VNDUSD

Based on our trend formula, VNDUSD is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+55
Smart Scan Analysis for VNDUSD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.00004391 0.00004402 0.00004390 0.00004392 0.00000000
Prev. Close Volume Bid Ask Time
0.00004391 2021-10-22 11:43:37
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