Free Daily Analysis

Forex Trend Analysis Report

Prepared for you on Sunday, April 14, 2024.

Dominican Peso/US Dollar (FOREX:DOPUSD)

Bear Market Rally (-75) - DOPUSD is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on DOPUSD as it may be in the beginning of a reversal.

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
0.01694321 0.01694321 0.01694321 0.01694321 0.00000000
Entry Signal

MarketClub’s Trade Triangles for DOPUSD

long term down The long-term trend has been DOWN since Jul 5th, 2023 at 0.01805879

intermediate term down The intermediate-term trend has been DOWN since Mar 4th, 2024 at 0.01699781

short term up The short-term trend has been UP since Apr 13th, 2024 at 0.01690419

Smart Scan Analysis for DOPUSD

Based on our trend formula, DOPUSD is rated as a -75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-75
Smart Scan Analysis for DOPUSD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.01694321 0.01694321 0.01694321 0.01694321 0.00000000
Prev. Close Volume Bid Ask Time
0.01694321 2024-04-13 18:02:07
Get a free daily analysis and signals for Dominican Peso/US Dollar (DOPUSD) - Request Your Free Report.