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Forex Trend Analysis Report

Prepared for you on Sunday, April 5, 2020.

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, SHORTSYMBOL 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
58.868 58.868 58.868 58.868 0.000
Entry Signal

MarketClub’s Trade Triangles for EURDOP

long term down The long-term trend has been DOWN since Mar 23rd, 2020 at 57.606

intermediate term down The intermediate-term trend has been DOWN since Mar 23rd, 2020 at 59.106

short term down The short-term trend has been DOWN since Mar 17th, 2020 at 59.661

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
58.868 58.868 58.868 58.868 0.000
Prev. Close Volume Bid Ask Time
58.868 58.068 59.668 2020-04-02 07:19:23
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