Forex Trend Analysis Report

Prepared for you on Thursday, May 9, 2024.

Viet Nam Dong/British Pound (FOREX:VNDGBP)

Countertrend Up (+85) - VNDGBP is showing short-term weakness. However, look for the longer-term bullish trend to resume. As always, continue to monitor the trend score and utilize a stop order.

Is it time to buy, sell, or avoid VNDGBP?

MarketClub looks at technical strength and momentum to determine if the timing is right for VNDGBP.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

Open	High	Low	VNDGBP Price	Change
0.00003146	0.00003157	0.00003145	0.00003155	0.00000000
Entry Signal

MarketClub’s Trade Triangles for VNDGBP

The long-term trend has been UP since May 7th, 2024 at 0.00003280

The intermediate-term trend has been UP since May 7th, 2024 at 0.00003213

The short-term trend has been UP since May 7th, 2024 at 0.00003143

Smart Scan Analysis for VNDGBP

Based on our trend formula, VNDGBP is rated as a +80 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+80

Strong Downtrend Sideways Strong Uptrend

Open	High	Low	Price	Change
0.00003146	0.00003157	0.00003145	0.00003155	0.00000000
Prev. Close	Volume	Bid	Ask	Time
0.00003146				2024-05-09 07:23:36

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