Forex Trend Analysis Report
Prepared for you on Saturday, October 23, 2021.
Viet Nam Dong/British Pound (FOREX:VNDGBP)
Weak Downtrend (-65) - VNDGBP is showing signs of a strengthening downtrend. Monitor VNDGBP as it may be building momentum to the downside.
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 Jul 19th, 2021 at 0.00003177
The intermediate-term trend has been DOWN since Oct 17th, 2021 at 0.00003189
The short-term trend has been DOWN since Oct 14th, 2021 at 0.00003221
Smart Scan Analysis for VNDGBP
Based on our trend formula, VNDGBP is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).