Forex Trend Analysis Report
Prepared for you on Friday, February 26, 2021.
Dominican Peso/British Pound (FOREX:DOPGBP)
Bear Market Rally (-75) - DOPGBP is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on DOPGBP as it may be in the beginning of a reversal.
Is it time to buy, sell, or avoid DOPGBP?
MarketClub looks at technical strength and momentum to determine if the timing is right for DOPGBP.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for DOPGBP
The long-term trend has been DOWN since Jul 21st, 2020 at 0.01342864
The intermediate-term trend has been DOWN since Nov 23rd, 2020 at 0.01282513
The short-term trend has been UP since Feb 26th, 2021 at 0.01238287
Smart Scan Analysis for DOPGBP
Based on our trend formula, DOPGBP is rated as a -75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).