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Forex Trend Analysis Report

Prepared for you on Saturday, December 15, 2018.

British Pound/Dominican Peso (FOREX:GBPDOP)

Smart Scan Chart Analysis continues negative longer term. Look for this market to remain weak. 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_GBPDOP
Open High Low GBPDOP Price Change
63.381 63.381 63.381 63.381 0.000
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 down The intermediate term trend has been DOWN since Oct 29th, 2018 at 62.6915

short term down The short term trend has been DOWN since Dec 4th, 2018 at 63.7535

Smart Scan Analysis for GBPDOP

Based on a pre-defined weighted trend formula for chart analysis, GBPDOP scored -90 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-90
Smart Scan Analysis for GBPDOP
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
63.381 63.381 63.381 63.381 0.000
Prev. Close Volume Bid Ask Time
63.381 63.376 63.386 2018-12-15 00:01:52
Want to analyze British Pound/Dominican Peso GBPDOP or another symbol? Try our Free Forex Trend Analysis Report.