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Forex Trend Analysis Report
Prepared for you on Thursday, August 11, 2022.
Dominican Peso/US Dollar (FOREX:DOPUSD)
Countertrend Up (+85) - DOPUSD is showing short-term weakness. However, look for the longer-term bullish trend to resume. As always, continue to monitor the trend score and utilize a stop order.
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.
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MarketClub’s Trade Triangles for DOPUSD
The long-term trend has been UP since Jun 16th, 2022 at 0.01829070
The intermediate-term trend has been UP since Jun 10th, 2022 at 0.01815871
The short-term trend has been UP since Aug 9th, 2022 at 0.01837415
Smart Scan Analysis for DOPUSD
Based on our trend formula, DOPUSD is rated as a +80 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.01843691 | 0.01843691 | 0.01843691 | 0.01843691 | 0.00000000 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.01843691 | 2022-08-10 07:20:33 |