Forex Trend Analysis Report
Prepared for you on Tuesday, March 21, 2023.
British Pound/Viet Nam Dong (FOREX:GBPVND)
Crossroads (+60) - GBPVND is struggling to move into a solid trend. Beware of choppy markets and consider a sidelines position until a stronger trend is identified.
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 Feb 9th, 2023 at 27747.400
The intermediate-term trend has been UP since Mar 20th, 2023 at 28840.552
The short-term trend has been UP since Mar 17th, 2023 at 28728.212
Smart Scan Analysis for GBPVND
Based on our trend formula, GBPVND is rated as a +60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).