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Forex Trend Analysis Report

Prepared for you on Sunday, December 8, 2024.

Dominican Peso/Euro (FOREX:DOPEUR)

Sidelines Mode (+55) - DOPEUR is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.

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
0.01559575 0.01559575 0.01559575 0.01559575 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 down The short-term trend has been DOWN since Dec 2nd, 2024 at 0.01576046

Smart Scan Analysis for DOPEUR

Based on our trend formula, DOPEUR is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+55
Smart Scan Analysis for DOPEUR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.01559575 0.01559575 0.01559575 0.01559575 0.00000000
Prev. Close Volume Bid Ask Time
0.01559575 2024-12-07 04:22:58
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