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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.

FOREX_GBPVND
Open High Low GBPVND Price Change
28348.348 28352.149 28300.853 28300.853 -47.495
Entry Signal

MarketClub’s Trade Triangles for GBPVND

long term down The long-term trend has been DOWN since Jul 2nd, 2021 at 31715.919

intermediate term down The intermediate-term trend has been DOWN since Jun 12th, 2022 at 28918.656

short term down 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).

-100
Smart Scan Analysis for GBPVND
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
28348.348 28352.149 28300.853 28300.853 -47.495
Prev. Close Volume Bid Ask Time
28348.348 2022-06-29 05:14:00
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