Forex Trend Analysis Report
Prepared for you on Friday, November 27, 2020.
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.
MarketClub’s Trade Triangles for GBPVND
The long-term trend has been UP since Jul 29th, 2020 at 29621.680
The intermediate-term trend has been UP since Oct 11th, 2020 at 29981.103
The short-term trend has been UP since Oct 21st, 2020 at 30244.307
Smart Scan Analysis for GBPVND
Based on our trend formula, GBPVND is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).