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Forex Trend Analysis Report

Prepared for you on Friday, April 3, 2020.

British Pound/Dominican Peso (FOREX:GBPDOP)

Weak Downtrend (-65) - GBPDOP is showing signs of a strengthening downtrend. Monitor GBPDOP as it may be building momentum to the downside.

Is it time to buy, sell, or avoid GBPDOP?

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.

FOREX_GBPDOP
Open High Low GBPDOP Price Change
67.167610 67.293850 66.062418 66.503400 -0.664210
Entry Signal

MarketClub’s Trade Triangles for GBPDOP

long term down The long-term trend has been DOWN since Mar 16th, 2020 at 66.108350

intermediate term down The intermediate-term trend has been DOWN since Mar 16th, 2020 at 66.108350

short term up The short-term trend has been UP since Mar 25th, 2020 at 63.853575

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).

-65
Smart Scan Analysis for GBPDOP
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
67.167610 67.293850 66.062418 66.503400 -0.664210
Prev. Close Volume Bid Ask Time
67.167610 66.503400 66.503400 2020-04-03 23:41:16
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