Free Daily Analysis

Forex Trend Analysis Report

Prepared for you on Monday, June 5, 2023.

Dominican Peso/US Dollar (FOREX:DOPUSD)

Weak Downtrend (-65) - DOPUSD is showing signs of a strengthening downtrend. Monitor DOPUSD as it may be building momentum to the downside.

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
0.01822522 0.01822522 0.01822522 0.01822522 0.00000000
Entry Signal

MarketClub’s Trade Triangles for DOPUSD

long term up The long-term trend has been UP since Mar 17th, 2023 at 0.01831300

intermediate term down The intermediate-term trend has been DOWN since Jun 4th, 2023 at 0.01823503

short term down The short-term trend has been DOWN since Jun 4th, 2023 at 0.01828861

Smart Scan Analysis for DOPUSD

Based on our trend formula, DOPUSD is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-70
Smart Scan Analysis for DOPUSD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.01822522 0.01822522 0.01822522 0.01822522 0.00000000
Prev. Close Volume Bid Ask Time
0.01822522 2023-06-05 07:26:59
Get a free daily analysis and signals for Dominican Peso/US Dollar (DOPUSD) - Request Your Free Report.