Analyze Symbol

Forex Trend Analysis Report

Prepared for you on Tuesday, October 16, 2018.

British Pound/Dominican Peso (FOREX:GBPDOP)

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_GBPDOP
Open High Low GBPDOP Price Change
65.7590 66.1610 64.5035 65.8095 +0.0505
Entry Signal

MarketClub’s Trade Triangles for GBPDOP

long term down The long term trend has been DOWN since May 3rd, 2018 at 67.0455

intermediate term up The intermediate term trend has been UP since Oct 16th, 2018 at 66.1470

short term up The short term trend has been UP since Oct 16th, 2018 at 66.0825

Smart Scan Analysis for GBPDOP

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

+70
Smart Scan Analysis for GBPDOP
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
65.7590 66.1610 64.5035 65.8095 +0.0505
Prev. Close Volume Bid Ask Time
65.7590 65.8070 65.8120 2018-10-16 23:38:27
Want to analyze British Pound/Dominican Peso GBPDOP or another symbol? Try our Free Forex Trend Analysis Report.