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Forex Trend Analysis Report

Prepared for you on Thursday, August 11, 2022.

Viet Nam Dong/British Pound (FOREX:VNDGBP)

Crossroads (-60) - VNDGBP 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 VNDGBP?

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

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

FOREX_VNDGBP
Open High Low VNDGBP Price Change
0.00003508 0.00003510 0.00003490 0.00003503 0.00000000
Entry Signal

MarketClub’s Trade Triangles for VNDGBP

long term up The long-term trend has been UP since Jul 19th, 2021 at 0.00003177

intermediate term down The intermediate-term trend has been DOWN since Jul 27th, 2022 at 0.00003521

short term down The short-term trend has been DOWN since Aug 10th, 2022 at 0.00003523

Smart Scan Analysis for VNDGBP

Based on our trend formula, VNDGBP is rated as a -60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-60
Smart Scan Analysis for VNDGBP
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.00003508 0.00003510 0.00003490 0.00003503 0.00000000
Prev. Close Volume Bid Ask Time
0.00003508 2022-08-11 14:04:17
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