Analyze Symbol

Forex Trend Analysis Report

Prepared for you on Wednesday, October 17, 2018.

Euro/Dominican Peso (FOREX:EURDOP)

Smart Scan Chart Analysis shows the current downward trend is at a crossroads and has possibly ended. Look for choppy trading action in the nearterm Very Weak Downtrend with very tight 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
57.421 57.421 57.421 57.421 0.000
Entry Signal

MarketClub’s Trade Triangles for EURDOP

long term up The long term trend has been UP since Sep 23rd, 2018 at 58.662

intermediate term down The intermediate term trend has been DOWN since Oct 1st, 2018 at 57.976

short term down The short term trend has been DOWN since Sep 27th, 2018 at 58.627

Smart Scan Analysis for EURDOP

Based on a pre-defined weighted trend formula for chart analysis, EURDOP scored -60 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-60
Smart Scan Analysis for EURDOP
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
57.421 57.421 57.421 57.421 0.000
Prev. Close Volume Bid Ask Time
57.421 56.621 58.221 2018-10-07 21:06:35
Want to analyze Euro/Dominican Peso EURDOP or another symbol? Try our Free Forex Trend Analysis Report.