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Forex Trend Analysis Report

Prepared for you on Wednesday, April 1, 2020.

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, SHORTSYMBOL 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
0.01855089 0.01855089 0.01855089 0.01855089 0.00000000
Entry Signal

MarketClub’s Trade Triangles for DOPUSD

long term down The long-term trend has been DOWN since Jun 16th, 2019 at 0.01957500

intermediate term down The intermediate-term trend has been DOWN since Mar 11th, 2020 at 0.01867930

short term down The short-term trend has been DOWN since Mar 31st, 2020 at 0.01865119

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
0.01855089 0.01855089 0.01855089 0.01855089 0.00000000
Prev. Close Volume Bid Ask Time
0.01855089 0.01829923 0.01880254 2020-04-01 07:17:56
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