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Forex Trend Analysis Report

Prepared for you on Wednesday, November 20, 2024.

Euro/Dominican Peso (FOREX:EURDOP)

Strong Downtrend (-100) - EURDOP is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, EURDOP continues to fall. Traders should use caution and set stops.

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
63.61 63.61 63.61 63.61 0.00
Entry Signal

MarketClub’s Trade Triangles for EURDOP

long term down The long-term trend has been DOWN since Nov 18th, 2024 at 64.38

intermediate term down The intermediate-term trend has been DOWN since Oct 15th, 2024 at 66.32

short term down The short-term trend has been DOWN since Nov 7th, 2024 at 65.18

Smart Scan Analysis for EURDOP

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

-100
Smart Scan Analysis for EURDOP
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
63.61 63.61 63.61 63.61 0.00
Prev. Close Volume Bid Ask Time
63.61 2024-11-19 21:06:20
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