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Forex Trend Analysis Report

Prepared for you on Tuesday, January 21, 2020.

British Pound/Viet Nam Dong (FOREX:GBPVND)

Smart Scan Chart Analysis shows the current downward trend is at a crossroads and has possibly ended. Look for choppy trading action in the nearterm Very Weak Downtrend with very tight stops.

The Trade Triangles are generated using a proprietary algorithm that is comprised of weighted factors that include, but are not limited to - price change, percentage change, moving averages, and new highs/lows. The MarketClub trading strategy is based on the triangles, learn more here.

FOREX_GBPVND
Open High Low GBPVND Price Change
30150.507 30150.507 30150.507 30150.507 0.000
Entry Signal

MarketClub’s Trade Triangles for GBPVND

long term up The long term trend has been UP since Oct 23rd, 2019 at 29513.800

intermediate term down The intermediate term trend has been DOWN since Jan 20th, 2020 at 30229.374

short term down The short term trend has been DOWN since Jan 3rd, 2020 at 30505.003

Smart Scan Analysis for GBPVND

Based on a pre-defined weighted trend formula for chart analysis, GBPVND scored -60 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-60
Smart Scan Analysis for GBPVND
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
30150.507 30150.507 30150.507 30150.507 0.000
Prev. Close Volume Bid Ask Time
30300.497 29682.186 30618.828 2020-01-20 02:17:02
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