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.
MarketClub’s Trade Triangles for DOPGBP
The long-term trend has been DOWN since Dec 3rd, 2023 at 0.01381761
The intermediate-term trend has been DOWN since Nov 3rd, 2023 at 0.01427327
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).