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Forex Trend Analysis Report

Prepared for you on Thursday, August 16, 2018.

Euro/Dominican Peso (FOREX:EURDOP)

Smart Scan Chart Analysis confirms that a strong downtrend is in place and that the market remains negative longer term. Strong Downtrend with money management stops. A triangle indicates the presence of a very strong trend that is being driven by strong forces and insiders.

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
56.882 56.882 56.882 56.882 0.000
Entry Signal

MarketClub’s Trade Triangles for EURDOP

long term down The long term trend has been DOWN since May 1st, 2018 at 60.407

intermediate term down The intermediate term trend has been DOWN since Aug 5th, 2018 at 57.738

short term down The short term trend has been DOWN since Aug 2nd, 2018 at 58.129

Smart Scan Analysis for EURDOP

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

-100
Smart Scan Analysis for EURDOP
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
56.882 56.882 56.882 56.882 0.000
Prev. Close Volume Bid Ask Time
56.882 56.082 57.682 2018-08-14 21:13:20
Want to analyze Euro/Dominican Peso EURDOP or another symbol? Try our Free Forex Trend Analysis Report.