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.
MarketClub’s Trade Triangles for GBPVND
The long-term trend has been DOWN since Jul 2nd, 2021 at 31715.919
The intermediate-term trend has been DOWN since Jan 24th, 2022 at 30640.275
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).