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Forex Trend Analysis Report
Prepared for you on Wednesday, November 20, 2024.
Dominican Peso/US Dollar (FOREX:DOPUSD)
Long-Term Downtrend (-90) - DOPUSD is in a strong downtrend that is likely to continue. While DOPUSD is showing intraday strength, it remains in the confines of a bearish trend. 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.
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MarketClub’s Trade Triangles for DOPUSD
The long-term trend has been DOWN since Jun 9th, 2024 at 0.01671359
The intermediate-term trend has been DOWN since Nov 8th, 2024 at 0.01657583
The short-term trend has been DOWN since Nov 8th, 2024 at 0.01657583
Smart Scan Analysis for DOPUSD
Based on our trend formula, DOPUSD is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.01666668 | 0.01666668 | 0.01666668 | 0.01666668 | 0.00000000 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.01666668 | 2024-11-19 21:06:20 |