Forex Trend Analysis Report
Prepared for you on Monday, June 1, 2020.
Viet Nam Dong/British Pound (FOREX:VNDGBP)
Bull Market Weakness (+75) - VNDGBP is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on VNDGBP as it may be in the beginning stages 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.
MarketClub’s Trade Triangles for VNDGBP
The long-term trend has been UP since Mar 12th, 2020 at 0.00341254
The intermediate-term trend has been UP since May 12th, 2020 at 0.00349753
The short-term trend has been UP since May 29th, 2020 at 0.00351870
Smart Scan Analysis for VNDGBP
Based on our trend formula, VNDGBP is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).