Forex Trend Analysis Report
Prepared for you on Monday, October 18, 2021.
Dominican Peso/British Pound (FOREX:DOPGBP)
Sidelines Mode (+55) - DOPGBP 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 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 UP since Apr 8th, 2021 at 0.01283299
The intermediate-term trend has been UP since Sep 19th, 2021 at 0.01284054
The short-term trend has been DOWN since Oct 13th, 2021 at 0.01300729
Smart Scan Analysis for DOPGBP
Based on our trend formula, DOPGBP is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).