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Forex Trend Analysis Report

Prepared for you on Friday, March 29, 2024.

Euro/Dominican Peso (FOREX:EURDOP)

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

Is it time to buy, sell, or avoid EURDOP?

MarketClub looks at technical strength and momentum to determine if the timing is right for EURDOP.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

FOREX_EURDOP
Open High Low EURDOP Price Change
64.07 64.07 63.86 63.86 -0.21
Entry Signal

MarketClub’s Trade Triangles for EURDOP

long term up The long-term trend has been UP since Dec 17th, 2023 at 62.09

intermediate term down The intermediate-term trend has been DOWN since Mar 28th, 2024 at 63.87

short term down The short-term trend has been DOWN since Mar 20th, 2024 at 64.49

Smart Scan Analysis for EURDOP

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

-70
Smart Scan Analysis for EURDOP
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
64.07 64.07 63.86 63.86 -0.21
Prev. Close Volume Bid Ask Time
63.86 2024-03-28 08:26:02
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