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Forex Trend Analysis Report

Prepared for you on Saturday, May 4, 2024.

Dominican Peso/Euro (FOREX:DOPEUR)

Long-Term Uptrend (+90) - DOPEUR is in a strong uptrend that is likely to continue. While DOPEUR is showing intraday weakness, it remains in the confines of a bullish trend. Traders should use caution and utilize a stop order.

Is it time to buy, sell, or avoid DOPEUR?

MarketClub looks at technical strength and momentum to determine if the timing is right for DOPEUR.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

FOREX_DOPEUR
Open High Low DOPEUR Price Change
0.01602057 0.01602057 0.01602057 0.01602057 0.00000000
Entry Signal

MarketClub’s Trade Triangles for DOPEUR

long term up The long-term trend has been UP since Apr 17th, 2024 at 0.01585795

intermediate term up The intermediate-term trend has been UP since Mar 28th, 2024 at 0.01565926

short term up The short-term trend has been UP since Apr 11th, 2024 at 0.01560062

Smart Scan Analysis for DOPEUR

Based on our trend formula, DOPEUR is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+90
Smart Scan Analysis for DOPEUR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.01602057 0.01602057 0.01602057 0.01602057 0.00000000
Prev. Close Volume Bid Ask Time
0.01602057 2024-05-03 07:26:24
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