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Forex Trend Analysis Report
Prepared for you on Monday, September 16, 2024.
British Pound/Dominican Peso (FOREX:GBPDOP)
Long-Term Uptrend (+90) - GBPDOP is in a strong uptrend that is likely to continue. While GBPDOP is showing intraday weakness, it remains in the confines of a bullish trend. Traders should use caution and utilize a stop order.
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.
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MarketClub’s Trade Triangles for GBPDOP
The long-term trend has been UP since Jan 5th, 2024 at 74.19399
The intermediate-term trend has been UP since Aug 13th, 2024 at 76.76000
The short-term trend has been UP since Sep 12th, 2024 at 78.76315
Smart Scan Analysis for GBPDOP
Based on our trend formula, GBPDOP is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 78.91963 | 79.45220 | 78.86147 | 79.38819 | +0.46856 |
| Prev. Close | Volume | Bid | Ask | Time |
| 78.91963 | 2024-09-16 18:41:40 |