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Forex Trend Analysis Report

Prepared for you on Wednesday, November 20, 2024.

Dominican Peso/Euro (FOREX:DOPEUR)

Countertrend Up (+85) - DOPEUR is showing short-term weakness. However, look for the longer-term bullish trend to resume. As always, continue to monitor the trend score 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
0.01572329 0.01572329 0.01572329 0.01572329 0.00000000
Entry Signal

MarketClub’s Trade Triangles for DOPEUR

long term up The long-term trend has been UP since Nov 18th, 2024 at 0.01553517

intermediate term up The intermediate-term trend has been UP since Oct 15th, 2024 at 0.01508060

short term up The short-term trend has been UP since Nov 7th, 2024 at 0.01534444

Smart Scan Analysis for DOPEUR

Based on our trend formula, DOPEUR is rated as a +80 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+80
Smart Scan Analysis for DOPEUR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.01572329 0.01572329 0.01572329 0.01572329 0.00000000
Prev. Close Volume Bid Ask Time
0.01572329 2024-11-19 21:06:20
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