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Forex Trend Analysis Report

Prepared for you on Tuesday, March 21, 2023.

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
67.230190 67.259250 66.737822 66.852608 -0.377582
Entry Signal

MarketClub’s Trade Triangles for GBPDOP

long term down The long-term trend has been DOWN since Mar 7th, 2023 at 65.516852

intermediate term down The intermediate-term trend has been DOWN since Feb 6th, 2023 at 68.218660

short term up The short-term trend has been UP since Mar 20th, 2023 at 66.674840

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
67.230190 67.259250 66.737822 66.852608 -0.377582
Prev. Close Volume Bid Ask Time
67.230190 2023-03-21 13:45:51
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