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Forex Trend Analysis Report

Prepared for you on Saturday, October 23, 2021.

British Pound/Dominican Peso (FOREX:GBPDOP)

Sidelines Mode (-55) - GBPDOP is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement 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
77.6064 77.6064 77.6064 77.6064 0.0000
Entry Signal

MarketClub’s Trade Triangles for GBPDOP

long term down The long-term trend has been DOWN since Apr 8th, 2021 at 77.92415

intermediate term up The intermediate-term trend has been UP since Oct 19th, 2021 at 77.74294

short term down The short-term trend has been DOWN since Oct 20th, 2021 at 77.34702

Smart Scan Analysis for GBPDOP

Based on our trend formula, GBPDOP is rated as a -55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-55
Smart Scan Analysis for GBPDOP
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
77.6064 77.6064 77.6064 77.6064 0.0000
Prev. Close Volume Bid Ask Time
77.6064 2021-10-23 16:39:15
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