Free Daily Analysis

Forex Trend Analysis Report

Prepared for you on Saturday, August 13, 2022.

British Pound/Dominican Peso (FOREX:GBPDOP)

Crossroads (-60) - GBPDOP is struggling to move into a solid trend. Beware of choppy markets and consider a sidelines position until a stronger trend is identified.

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
65.626159 65.626159 65.626159 65.626159 0.000000
Entry Signal

MarketClub’s Trade Triangles for GBPDOP

long term down The long-term trend has been DOWN since Feb 24th, 2022 at 74.362710

intermediate term up The intermediate-term trend has been UP since Aug 1st, 2022 at 66.550848

short term up The short-term trend has been UP since Aug 10th, 2022 at 66.396171

Smart Scan Analysis for GBPDOP

Based on our trend formula, GBPDOP is rated as a -60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-60
Smart Scan Analysis for GBPDOP
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
65.626159 65.626159 65.626159 65.626159 0.000000
Prev. Close Volume Bid Ask Time
65.626159 2022-08-13 23:25:22
Get a free daily analysis and signals for British Pound/Dominican Peso (GBPDOP) - Request Your Free Report.