Forex Trend Analysis Report
Prepared for you on Thursday, May 6, 2021.
Viet Nam Dong/CFA Franc BEAC (FOREX:VNDXAF)
Crossroads (-60) - VNDXAF 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 VNDXAF?
MarketClub looks at technical strength and momentum to determine if the timing is right for VNDXAF.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for VNDXAF
The long-term trend has been UP since Mar 5th, 2021 at 0.02379587
The intermediate-term trend has been DOWN since Apr 18th, 2021 at 0.02395402
The short-term trend has been DOWN since Apr 6th, 2021 at 0.02422562
Smart Scan Analysis for VNDXAF
Based on our trend formula, VNDXAF is rated as a -60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).