Forex Trend Analysis Report
Prepared for you on Friday, March 24, 2023.
Dominican Peso/Euro (FOREX:DOPEUR)
Crossroads (-60) - DOPEUR 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 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 DOWN since Nov 15th, 2022 at 0.01795058
The intermediate-term trend has been UP since Feb 13th, 2023 at 0.01623413
The short-term trend has been UP since Feb 13th, 2023 at 0.01619154
Smart Scan Analysis for DOPEUR
Based on our trend formula, DOPEUR is rated as a -60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).