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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.

FOREX_VNDXAF
Open High Low VNDXAF Price Change
0.02355321 0.02355321 0.02355321 0.02355321 0.00000000
Entry Signal

MarketClub’s Trade Triangles for VNDXAF

long term up The long-term trend has been UP since Mar 5th, 2021 at 0.02379587

intermediate term down The intermediate-term trend has been DOWN since Apr 18th, 2021 at 0.02395402

short term down 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).

-60
Smart Scan Analysis for VNDXAF
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.02355321 0.02355321 0.02355321 0.02355321 0.00000000
Prev. Close Volume Bid Ask Time
0.02359727 2021-05-02 21:11:55
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