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Forex Trend Analysis Report

Prepared for you on Sunday, June 16, 2019.

British Pound/Viet Nam Dong (FOREX:GBPVND)

Smart Scan Chart Analysis shows the current downward trend is at a crossroads and has possibly ended. Look for choppy trading action in the nearterm Very Weak Downtrend with very tight stops.

The Trade Triangles are generated using a proprietary algorithm that is comprised of weighted factors that include, but are not limited to - price change, percentage change, moving averages, and new highs/lows. The MarketClub trading strategy is based on the triangles, learn more here.

FOREX_GBPVND
Open High Low GBPVND Price Change
29700.25 29700.25 29700.25 29700.25 0.00
Entry Signal

MarketClub’s Trade Triangles for GBPVND

long term down The long term trend has been DOWN since May 22nd, 2019 at 29742.05

intermediate term up The intermediate term trend has been UP since Jun 12th, 2019 at 29694.05

short term up The short term trend has been UP since Jun 4th, 2019 at 29680.75

Smart Scan Analysis for GBPVND

Based on a pre-defined weighted trend formula for chart analysis, GBPVND scored -60 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-60
Smart Scan Analysis for GBPVND
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
29700.25 29700.25 29700.25 29700.25 0.00
Prev. Close Volume Bid Ask Time
29497.9 29250.20 30150.30 2019-06-12 08:50:07
Want to analyze British Pound/Viet Nam Dong GBPVND or another symbol? Try our Free Forex Trend Analysis Report.