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Forex Trend Analysis Report

Prepared for you on Thursday, December 26, 2024.

Dominican Peso/US Dollar (FOREX:DOPUSD)

Strong Downtrend (-100) - DOPUSD is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, DOPUSD continues to fall. Traders should use caution and set stops.

Is it time to buy, sell, or avoid DOPUSD?

MarketClub looks at technical strength and momentum to determine if the timing is right for DOPUSD.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

FOREX_DOPUSD
Open High Low DOPUSD Price Change
0.01646493 0.01646493 0.01646493 0.01646493 0.00000000
Entry Signal

MarketClub’s Trade Triangles for DOPUSD

long term down The long-term trend has been DOWN since Jun 9th, 2024 at 0.01671359

intermediate term down The intermediate-term trend has been DOWN since Nov 8th, 2024 at 0.01657583

short term down The short-term trend has been DOWN since Dec 9th, 2024 at 0.01655821

Smart Scan Analysis for DOPUSD

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

-100
Smart Scan Analysis for DOPUSD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.01646493 0.01646493 0.01646493 0.01646493 0.00000000
Prev. Close Volume Bid Ask Time
0.01644530 2024-12-23 07:25:13
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