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Forex Trend Analysis Report

Prepared for you on Tuesday, November 24, 2020.

British Pound/Dominican Peso (FOREX:GBPDOP)

Strong Uptrend (+100) - GBPDOP is in a strong uptrend that is likely to continue. With short-term, intermediate, and long-term bullish momentum, GBPDOP continues to climb. Traders should protect gains and look for a change in score to suggest a slow down in momentum.

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
78.08177 78.33998 78.05659 78.32359 +0.24182
Entry Signal

MarketClub’s Trade Triangles for GBPDOP

long term up The long-term trend has been UP since Jul 21st, 2020 at 74.46773

intermediate term up The intermediate-term trend has been UP since Nov 23rd, 2020 at 77.97191

short term up The short-term trend has been UP since Nov 17th, 2020 at 77.29581

Smart Scan Analysis for GBPDOP

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

+100
Smart Scan Analysis for GBPDOP
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
78.08177 78.33998 78.05659 78.32359 +0.24182
Prev. Close Volume Bid Ask Time
78.08177 2020-11-24 04:25:59
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