Forex Trend Analysis Report
Prepared for you on Wednesday, November 29, 2023.
Dominican Peso/Euro (FOREX:DOPEUR)
Weak Downtrend (-65) - DOPEUR is showing signs of a strengthening downtrend. Monitor DOPEUR as it may be building momentum to the downside.
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.
MarketClub’s Trade Triangles for DOPEUR
The long-term trend has been UP since Oct 13th, 2023 at 0.01663911
The intermediate-term trend has been DOWN since Oct 19th, 2023 at 0.01673100
The short-term trend has been DOWN since Nov 6th, 2023 at 0.01661975
Smart Scan Analysis for DOPEUR
Based on our trend formula, DOPEUR is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).