Forex Trend Analysis Report
Prepared for you on Monday, May 25, 2020.
British Pound/Viet Nam Dong (FOREX:GBPVND)
Strong Downtrend (-100) - GBPVND is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, SHORTSYMBOL continues to fall. Traders should use caution and set stops.
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 DOWN since Mar 23rd, 2020 at 29868.235
The intermediate-term trend has been DOWN since Apr 23rd, 2020 at 29041.050
The short-term trend has been DOWN since May 6th, 2020 at 29168.630
Smart Scan Analysis for GBPVND
Based on our trend formula, GBPVND is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).