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Forex Trend Analysis Report

Prepared for you on Friday, March 24, 2023.

British Pound/Viet Nam Dong (FOREX:GBPVND)

Crossroads (+60) - GBPVND is struggling to move into a solid trend. Beware of choppy markets and consider a sidelines position until a stronger trend is identified.

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
28847.334 28847.334 28739.845 28759.520 -87.814
Entry Signal

MarketClub’s Trade Triangles for GBPVND

long term down The long-term trend has been DOWN since Feb 9th, 2023 at 27747.400

intermediate term up The intermediate-term trend has been UP since Mar 20th, 2023 at 28840.552

short term up The short-term trend has been UP since Mar 17th, 2023 at 28728.212

Smart Scan Analysis for GBPVND

Based on our trend formula, GBPVND is rated as a +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
28847.334 28847.334 28739.845 28759.520 -87.814
Prev. Close Volume Bid Ask Time
28847.334 2023-03-24 11:56:15
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