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.
MarketClub’s Trade Triangles for GBPDOP
The long-term trend has been DOWN since Mar 16th, 2020 at 66.108350
The intermediate-term trend has been DOWN since Mar 16th, 2020 at 66.108350
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).