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Forex Trend Analysis Report

Prepared for you on Wednesday, April 24, 2024.

Viet Nam Dong/British Pound (FOREX:VNDGBP)

Countertrend Down (-85) - VNDGBP is showing short-term strength. However, look for the longer-term bearish trend to resume. As always, continue to monitor the trend score and set stops.

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
0.00003155 0.00003168 0.00003154 0.00003163 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 Apr 17th, 2024 at 0.00003153

short term up The short-term trend has been UP since Apr 22nd, 2024 at 0.00003180

Smart Scan Analysis for VNDGBP

Based on our trend formula, VNDGBP is rated as a -85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-85
Smart Scan Analysis for VNDGBP
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.00003155 0.00003168 0.00003154 0.00003163 0.00000000
Prev. Close Volume Bid Ask Time
0.00003155 2024-04-24 11:45:07
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