Forex Trend Analysis Report
Prepared for you on Wednesday, March 3, 2021.
British Pound/Viet Nam Dong (FOREX:GBPVND)
Long-Term Uptrend (+90) - GBPVND is in a strong uptrend that is likely to continue. While GBPVND is showing intraday weakness, it remains in the confines of a bullish trend. Traders should use caution and utilize a stop order.
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 Feb 9th, 2021 at 31657.993
The short-term trend has been UP since Feb 8th, 2021 at 31447.395
Smart Scan Analysis for GBPVND
Based on our trend formula, GBPVND is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).