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Forex Trend Analysis Report
Prepared for you on Friday, April 26, 2024.
British Pound/Dominican Peso (FOREX:GBPDOP)
Weak Downtrend (-65) - GBPDOP is showing signs of a strengthening downtrend. Monitor GBPDOP as it may be building momentum to the downside.
Is it time to buy, sell, or avoid GBPDOP?
MarketClub looks at technical strength and momentum to determine if the timing is right for GBPDOP.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
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MarketClub’s Trade Triangles for GBPDOP
The long-term trend has been UP since Jan 5th, 2024 at 74.19399
The intermediate-term trend has been DOWN since Apr 1st, 2024 at 74.53820
The short-term trend has been DOWN since Apr 24th, 2024 at 72.62696
Smart Scan Analysis for GBPDOP
Based on our trend formula, GBPDOP is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
-70
Strong Downtrend
Sideways
Strong Uptrend
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 73.42087 | 73.65376 | 72.94244 | 73.06870 | -0.35217 |
| Prev. Close | Volume | Bid | Ask | Time |
| 73.42087 | 2024-04-26 11:57:01 |
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