Forex Trend Analysis Report
Prepared for you on Wednesday, March 22, 2023.
Viet Nam Dong/British Pound (FOREX:VNDGBP)
Strong Downtrend (-100) - VNDGBP is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, VNDGBP continues to fall. Traders should use caution 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.
MarketClub’s Trade Triangles for VNDGBP
The long-term trend has been DOWN since Oct 26th, 2022 at 0.00003483
The intermediate-term trend has been DOWN since Mar 19th, 2023 at 0.00003467
The short-term trend has been DOWN since Mar 19th, 2023 at 0.00003475
Smart Scan Analysis for VNDGBP
Based on our trend formula, VNDGBP is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).