Forex Trend Analysis Report
Prepared for you on Wednesday, October 20, 2021.
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 Jul 2nd, 2021 at 31715.919
The intermediate-term trend has been UP since Oct 17th, 2021 at 31220.313
The short-term trend has been UP since Oct 10th, 2021 at 30920.676
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).