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Forex Trend Analysis Report

Prepared for you on Tuesday, June 18, 2024.

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.

FOREX_DOPGBP
Open High Low DOPGBP Price Change
0.01332389 0.01333928 0.01331990 0.01333928 +0.00001500
Entry Signal

MarketClub’s Trade Triangles for DOPGBP

long term down The long-term trend has been DOWN since Jan 5th, 2024 at 0.01347818

intermediate term down The intermediate-term trend has been DOWN since May 28th, 2024 at 0.01328609

short term up The short-term trend has been UP since Jun 12th, 2024 at 0.01322260

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).

-55
Smart Scan Analysis for DOPGBP
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.01332389 0.01333928 0.01331990 0.01333928 +0.00001500
Prev. Close Volume Bid Ask Time
0.01332389 2024-06-18 03:49:41
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