Forex Trend Analysis Report
Prepared for you on Monday, March 30, 2020.
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 Mar 17th, 2020 at 0.01517705
The intermediate-term trend has been UP since Mar 17th, 2020 at 0.01517705
The short-term trend has been DOWN since Mar 25th, 2020 at 0.01566083
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).