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Forex Trend Analysis Report

Prepared for you on Friday, January 28, 2022.

British Pound/Viet Nam Dong (FOREX:GBPVND)

Long-Term Downtrend (-90) - GBPVND is in a strong downtrend that is likely to continue. While GBPVND is showing intraday strength, it remains in the confines of a bearish trend. Traders should use caution and set stops.

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

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

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

FOREX_GBPVND
Open High Low GBPVND Price Change
30363.762 30422.490 30359.285 30380.256 +16.494
Entry Signal

MarketClub’s Trade Triangles for GBPVND

long term down The long-term trend has been DOWN since Jul 2nd, 2021 at 31715.919

intermediate term down The intermediate-term trend has been DOWN since Jan 24th, 2022 at 30640.275

short term down The short-term trend has been DOWN since Jan 17th, 2022 at 31050.765

Smart Scan Analysis for GBPVND

Based on our trend formula, GBPVND is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-90
Smart Scan Analysis for GBPVND
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
30363.762 30422.490 30359.285 30380.256 +16.494
Prev. Close Volume Bid Ask Time
30363.762 2022-01-28 11:25:53
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