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Forex Trend Analysis Report

Prepared for you on Friday, January 18, 2019.

Euro/Dominican Peso (FOREX:EURDOP)

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.

FOREX_EURDOP
Open High Low EURDOP Price Change
57.765 57.765 57.765 57.765 0.000
Entry Signal

MarketClub’s Trade Triangles for EURDOP

long term down The long term trend has been DOWN since Nov 9th, 2018 at 56.746

intermediate term up The intermediate term trend has been UP since Nov 19th, 2018 at 57.093

short term up The short term trend has been UP since Jan 9th, 2019 at 57.650

Smart Scan Analysis for EURDOP

Based on a pre-defined weighted trend formula for chart analysis, EURDOP scored +70 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

+70
Smart Scan Analysis for EURDOP
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
57.765 57.765 57.765 57.765 0.000
Prev. Close Volume Bid Ask Time
57.765 56.965 58.565 2019-01-14 20:59:17
Want to analyze Euro/Dominican Peso EURDOP or another symbol? Try our Free Forex Trend Analysis Report.