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Forex Trend Analysis Report
Prepared for you on Friday, July 26, 2024.
Euro/Dominican Peso (FOREX:EURDOP)
Countertrend Up (+85) - EURDOP is showing short-term weakness. However, look for the longer-term bullish trend to resume. As always, continue to monitor the trend score and utilize a stop order.
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.
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MarketClub’s Trade Triangles for EURDOP
The long-term trend has been UP since Jun 9th, 2024 at 64.60
The intermediate-term trend has been UP since Jul 7th, 2024 at 63.89
The short-term trend has been DOWN since Jul 23rd, 2024 at 64.41
Smart Scan Analysis for EURDOP
Based on our trend formula, EURDOP is rated as a +85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 64.26 | 64.26 | 64.26 | 64.26 | 0.00 |
| Prev. Close | Volume | Bid | Ask | Time |
| 64.26 | 2024-07-26 07:26:04 |