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Forex Trend Analysis Report

Prepared for you on Monday, December 4, 2023.

Dominican Peso/British Pound (FOREX:DOPGBP)

Countertrend Down (-85) - DOPGBP is showing short-term strength. However, look for the longer-term bearish trend to resume. As always, continue to monitor the trend score and set stops.

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.

FOREX_DOPGBP
Open High Low DOPGBP Price Change
0.01382151 0.01395540 0.01380941 0.01393810 +0.00011700
Entry Signal

MarketClub’s Trade Triangles for DOPGBP

long term down The long-term trend has been DOWN since Dec 3rd, 2023 at 0.01381761

intermediate term down The intermediate-term trend has been DOWN since Nov 3rd, 2023 at 0.01427327

short term up The short-term trend has been UP since Dec 4th, 2023 at 0.01394605

Smart Scan Analysis for DOPGBP

Based on our trend formula, DOPGBP is rated as a -85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-85
Smart Scan Analysis for DOPGBP
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.01382151 0.01395540 0.01380941 0.01393810 +0.00011700
Prev. Close Volume Bid Ask Time
0.01382151 2023-12-04 16:59:58
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