Forex Trend Analysis Report
Prepared for you on Sunday, October 17, 2021.
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.
MarketClub’s Trade Triangles for DOPEUR
The long-term trend has been UP since Mar 7th, 2021 at 0.01441384
The intermediate-term trend has been UP since Sep 13th, 2021 at 0.01494803
The short-term trend has been UP since Sep 13th, 2021 at 0.01494803
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).