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Forex Trend Analysis Report

Prepared for you on Friday, March 29, 2024.

Viet Nam Dong/British Pound (FOREX:VNDGBP)

Sidelines Mode (-55) - VNDGBP is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement 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
0.00003193 0.00003194 0.00003193 0.00003194 0.00000000
Entry Signal

MarketClub’s Trade Triangles for VNDGBP

long term down The long-term trend has been DOWN since Nov 28th, 2023 at 0.00003253

intermediate term down The intermediate-term trend has been DOWN since Feb 25th, 2024 at 0.00003196

short term up The short-term trend has been UP since Mar 18th, 2024 at 0.00003181

Smart Scan Analysis for VNDGBP

Based on our trend formula, VNDGBP is rated as a -55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-55
Smart Scan Analysis for VNDGBP
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.00003193 0.00003194 0.00003193 0.00003194 0.00000000
Prev. Close Volume Bid Ask Time
0.00003193 2024-03-29 00:40:29
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