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Forex Trend Analysis Report

Prepared for you on Thursday, December 7, 2023.

Viet Nam Dong/British Pound (FOREX:VNDGBP)

Bear Market Rally (-75) - VNDGBP is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on VNDGBP as it may be in the beginning of a reversal.

Is it time to buy, sell, or avoid VNDGBP?

MarketClub looks at technical strength and momentum to determine if the timing is right for VNDGBP.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

FOREX_VNDGBP
Open High Low VNDGBP Price Change
0.00003283 0.00003284 0.00003267 0.00003272 0.00000000
Entry Signal

MarketClub’s Trade Triangles for VNDGBP

long term down The long-term trend has been DOWN since Nov 28th, 2023 at 0.00003253

intermediate term down The intermediate-term trend has been DOWN since Oct 23rd, 2023 at 0.00003316

short term up The short-term trend has been UP since Dec 4th, 2023 at 0.00003270

Smart Scan Analysis for VNDGBP

Based on our trend formula, VNDGBP is rated as a -75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-75
Smart Scan Analysis for VNDGBP
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.00003283 0.00003284 0.00003267 0.00003272 0.00000000
Prev. Close Volume Bid Ask Time
0.00003283 2023-12-07 16:19:30
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