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Forex Trend Analysis Report

Prepared for you on Thursday, April 18, 2024.

US Dollar/Dominican Peso (FOREX:USDDOP)

Crossroads (-60) - USDDOP 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 USDDOP?

MarketClub looks at technical strength and momentum to determine if the timing is right for USDDOP.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

FOREX_USDDOP
Open High Low USDDOP Price Change
59.091292 59.091292 59.091292 59.091292 0.000000
Entry Signal

MarketClub’s Trade Triangles for USDDOP

long term up The long-term trend has been UP since Mar 18th, 2024 at 59.200000

intermediate term down The intermediate-term trend has been DOWN since Apr 17th, 2024 at 58.955823

short term down The short-term trend has been DOWN since Apr 12th, 2024 at 59.166099

Smart Scan Analysis for USDDOP

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

-60
Smart Scan Analysis for USDDOP
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
59.091292 59.091292 59.091292 59.091292 0.000000
Prev. Close Volume Bid Ask Time
59.091292 2024-04-18 07:26:27
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