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Forex Trend Analysis Report

Prepared for you on Thursday, March 28, 2024.

British Pound/Viet Nam Dong (FOREX:GBPVND)

Weak Downtrend (-65) - GBPVND is showing signs of a strengthening downtrend. Monitor GBPVND as it may be building momentum to the downside.

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.

FOREX_GBPVND
Open High Low GBPVND Price Change
31323.795 31333.670 31204.548 31236.227 -87.568
Entry Signal

MarketClub’s Trade Triangles for GBPVND

long term up The long-term trend has been UP since Nov 28th, 2023 at 30706.387

intermediate term down The intermediate-term trend has been DOWN since Mar 28th, 2024 at 31214.195

short term down The short-term trend has been DOWN since Mar 21st, 2024 at 31424.115

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).

-70
Smart Scan Analysis for GBPVND
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
31323.795 31333.670 31204.548 31236.227 -87.568
Prev. Close Volume Bid Ask Time
31323.795 2024-03-28 05:55:08
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