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Forex Trend Analysis Report
Prepared for you on Thursday, May 9, 2024.
Dominican Peso/US Dollar (FOREX:DOPUSD)
Long-Term Uptrend (+90) - DOPUSD is in a strong uptrend that is likely to continue. While DOPUSD is showing intraday weakness, it remains in the confines of a bullish trend. Traders should use caution and utilize a stop order.
Is it time to buy, sell, or avoid DOPUSD?
MarketClub looks at technical strength and momentum to determine if the timing is right for DOPUSD.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
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MarketClub’s Trade Triangles for DOPUSD
The long-term trend has been UP since May 1st, 2024 at 0.01715426
The intermediate-term trend has been UP since Apr 17th, 2024 at 0.01694469
The short-term trend has been UP since Apr 17th, 2024 at 0.01690419
Smart Scan Analysis for DOPUSD
Based on our trend formula, DOPUSD is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.01723974 | 0.01723974 | 0.01723974 | 0.01723974 | 0.00000000 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.01719472 | 2024-05-06 01:56:05 |