Forex Trend Analysis Report
Prepared for you on Sunday, April 18, 2021.
Viet Nam Dong/British Pound (FOREX:VNDGBP)
Bear Market Rally (-75) - VNDGBP is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on VNDGBP as it may be in the beginning 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 DOWN since Jul 27th, 2020 at 0.00337137
The intermediate-term trend has been UP since Mar 23rd, 2021 at 0.00003144
The short-term trend has been DOWN since Apr 13th, 2021 at 0.00003149
Smart Scan Analysis for VNDGBP
Based on our trend formula, VNDGBP is rated as a -75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).