Forex Trend Analysis Report
Prepared for you on Wednesday, July 8, 2020.
Viet Nam Dong/British Pound (FOREX:VNDGBP)
Weak Uptrend (+65) - VNDGBP is showing signs of weakening momentum to the upside. Monitor VNDGBP as it may be in the beginning stages of a reversal.
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.
MarketClub’s Trade Triangles for VNDGBP
The long-term trend has been UP since Mar 12th, 2020 at 0.00341254
The intermediate-term trend has been UP since Jun 26th, 2020 at 0.00348818
The short-term trend has been DOWN since Jul 1st, 2020 at 0.00348293
Smart Scan Analysis for VNDGBP
Based on our trend formula, VNDGBP is rated as a +65 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).