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Forex Trend Analysis Report

Prepared for you on Monday, May 20, 2024.

British Pound/Viet Nam Dong (FOREX:GBPVND)

Strong Uptrend (+100) - GBPVND is in a strong uptrend that is likely to continue. With short-term, intermediate, and long-term bullish momentum, GBPVND continues to climb. Traders should protect gains and look for a change in score to suggest a slow down in momentum.

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
32316.601 32344.383 32316.601 32336.463 +19.862
Entry Signal

MarketClub’s Trade Triangles for GBPVND

long term up The long-term trend has been UP since Nov 28th, 2023 at 30706.387

intermediate term up The intermediate-term trend has been UP since Apr 23rd, 2024 at 31710.718

short term up The short-term trend has been UP since May 10th, 2024 at 31908.081

Smart Scan Analysis for GBPVND

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

+100
Smart Scan Analysis for GBPVND
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
32316.601 32344.383 32316.601 32336.463 +19.862
Prev. Close Volume Bid Ask Time
32316.601 2024-05-19 23:39:02
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