Forex Trend Analysis Report
Prepared for you on Friday, June 22, 2018.
Dominican Peso/British Pound (FOREX:DOPGBP)
Smart Scan Chart Analysis is showing some near term weakness. However, this market remains in the confines of a longer term Uptrend with tight money management stops.
The Trade Triangles are generated using a proprietary algorithm that is comprised of weighted factors that include, but are not limited to - price change, percentage change, moving averages, and new highs/lows. The MarketClub trading strategy is based on the triangles, learn more here.
MarketClub’s Trade Triangles for DOPGBP
The long term trend has been UP since May 7th, 2018 at 0.01493
The intermediate term trend has been UP since Jun 18th, 2018 at 0.01528
The short term trend has been DOWN since Jun 22nd, 2018 at 0.01520
Smart Scan Analysis for DOPGBP
Based on a pre-defined weighted trend formula for chart analysis, DOPGBP scored +75 on a scale from -100 (strong downtrend) to +100 (strong uptrend).