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Forex Trend Analysis Report
Prepared for you on Friday, April 19, 2024.
US Dollar/Dominican Peso (FOREX:USDDOP)
Crossroads (+60) - USDDOP is struggling to move into a solid trend. Beware of choppy markets and consider a sidelines position until a stronger trend is identified.
Is it time to buy, sell, or avoid USDDOP?
MarketClub looks at technical strength and momentum to determine if the timing is right for USDDOP.
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 USDDOP
The long-term trend has been UP since Mar 18th, 2024 at 59.200000
The intermediate-term trend has been DOWN since Apr 17th, 2024 at 58.955823
The short-term trend has been DOWN since Apr 12th, 2024 at 59.166099
Smart Scan Analysis for USDDOP
Based on our trend formula, USDDOP is rated as a +60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 59.400 | 59.400 | 59.375 | 59.375 | -0.025 |
| Prev. Close | Volume | Bid | Ask | Time |
| 59.400 | 2024-04-19 12:07:18 |