David Fuller's view Vietnam (weekly & daily) was a major underperformer from October 2009 until this year, mainly due to its devaluation policy for the dong (shown inversely as USD/VND), which actually commenced in 2008, and the resulting runaway inflation. The situation appears to have stabilised and Vietnam's best rally since the 2009 low shows that it is recovering. A close back beneath the MA would be required to question this hypothesis.