Forex Trend Analysis Report
Prepared for you on Monday, February 17, 2020.
British Pound/Dominican Peso (FOREX:GBPDOP)
Weak Uptrend (+65) - GBPDOP is showing signs of weakening momentum to the upside. Monitor GBPDOP as it may be in the beginning stages of a reversal.
Is it time to buy, sell, or avoid
MarketClub looks at technical strength and momentum to determine if the timing is right for GBPDOP.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for GBPDOP
The long-term trend has been UP since Oct 11th, 2019 at 65.20000
The intermediate-term trend has been DOWN since Feb 10th, 2020 at 68.57453
The short-term trend has been UP since Feb 11th, 2020 at 69.16457
Smart Scan Analysis for GBPDOP
Based on our trend formula, GBPDOP is rated as a +65 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).