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Forex Trend Analysis Report

Prepared for you on Friday, March 5, 2021.

Euro/Dominican Peso (FOREX:EURDOP)

Sidelines Mode (+55) - EURDOP is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.

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
69.572 69.572 69.572 69.572 0.000
Entry Signal

MarketClub’s Trade Triangles for EURDOP

long term up The long-term trend has been UP since Nov 30th, 2020 at 69.501

intermediate term up The intermediate-term trend has been UP since Feb 25th, 2021 at 70.412

short term down The short-term trend has been DOWN since Mar 4th, 2021 at 70.407

Smart Scan Analysis for EURDOP

Based on our trend formula, EURDOP is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+55
Smart Scan Analysis for EURDOP
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
69.572 69.572 69.572 69.572 0.000
Prev. Close Volume Bid Ask Time
69.572 2021-03-04 21:09:26
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