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Forex Trend Analysis Report

Prepared for you on Tuesday, March 19, 2024.

British Pound/Viet Nam Dong (FOREX:GBPVND)

Bull Market Weakness (+75) - GBPVND is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on GBPVND as it may be in the beginning stages of a reversal.

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

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

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

FOREX_GBPVND
Open High Low GBPVND Price Change
31449.982 31449.982 31424.115 31441.825 -8.157
Entry Signal

MarketClub’s Trade Triangles for GBPVND

long term up The long-term trend has been UP since Nov 28th, 2023 at 30706.387

intermediate term up The intermediate-term trend has been UP since Feb 25th, 2024 at 31233.376

short term down The short-term trend has been DOWN since Mar 12th, 2024 at 31565.657

Smart Scan Analysis for GBPVND

Based on our trend formula, GBPVND is rated as a +75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+75
Smart Scan Analysis for GBPVND
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
31449.982 31449.982 31424.115 31441.825 -8.157
Prev. Close Volume Bid Ask Time
31449.982 2024-03-19 03:01:04
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