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Forex Trend Analysis Report
Prepared for you on Wednesday, November 20, 2024.
British Pound/Viet Nam Dong (FOREX:GBPVND)
Sidelines Mode (-55) - GBPVND is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.
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.
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MarketClub’s Trade Triangles for GBPVND
The long-term trend has been UP since Nov 28th, 2023 at 30706.387
The intermediate-term trend has been DOWN since Nov 12th, 2024 at 32479.171
The short-term trend has been UP since Nov 19th, 2024 at 32244.763
Smart Scan Analysis for GBPVND
Based on our trend formula, GBPVND is rated as a -55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 32247.117 | 32307.487 | 32222.786 | 32224.420 | -22.697 |
| Prev. Close | Volume | Bid | Ask | Time |
| 32247.117 | 2024-11-20 03:48:18 |