Free Daily Analysis

Forex Trend Analysis Report

Prepared for you on Wednesday, May 8, 2024.

Dominican Peso/Euro (FOREX:DOPEUR)

Strong Uptrend (+100) - DOPEUR is in a strong uptrend that is likely to continue. With short-term, intermediate, and long-term bullish momentum, DOPEUR continues to climb. Traders should protect gains and look for a change in score to suggest a slow down in momentum.

Is it time to buy, sell, or avoid DOPEUR?

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

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

FOREX_DOPEUR
Open High Low DOPEUR Price Change
0.01602057 0.01602057 0.01602057 0.01602057 0.00000000
Entry Signal

MarketClub’s Trade Triangles for DOPEUR

long term up The long-term trend has been UP since Apr 17th, 2024 at 0.01585795

intermediate term up The intermediate-term trend has been UP since Mar 28th, 2024 at 0.01565926

short term up The short-term trend has been UP since Apr 11th, 2024 at 0.01560062

Smart Scan Analysis for DOPEUR

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

+100
Smart Scan Analysis for DOPEUR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.01602057 0.01602057 0.01602057 0.01602057 0.00000000
Prev. Close Volume Bid Ask Time
0.01603342 2024-05-06 01:56:05
Get a free daily analysis and signals for Dominican Peso/Euro (DOPEUR) - Request Your Free Report.