Forex Trend Analysis Report
Prepared for you on Wednesday, June 29, 2022.
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, GBPVND 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 Jul 2nd, 2021 at 31715.919
The intermediate-term trend has been DOWN since Jun 12th, 2022 at 28918.656
The short-term trend has been DOWN since Jun 28th, 2022 at 28471.746
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).