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Forex Trend Analysis Report

Prepared for you on Friday, July 26, 2024.

Dominican Peso/Euro (FOREX:DOPEUR)

Countertrend Down (-85) - DOPEUR is showing short-term strength. However, look for the longer-term bearish trend to resume. As always, continue to monitor the trend score and set stops.

Is it time to buy, sell, or avoid DOPEUR?

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

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

FOREX_DOPEUR
Open High Low DOPEUR Price Change
0.01556419 0.01556419 0.01556419 0.01556419 0.00000000
Entry Signal

MarketClub’s Trade Triangles for DOPEUR

long term down The long-term trend has been DOWN since Jun 9th, 2024 at 0.01548225

intermediate term down The intermediate-term trend has been DOWN since Jul 7th, 2024 at 0.01565436

short term up The short-term trend has been UP since Jul 23rd, 2024 at 0.01552794

Smart Scan Analysis for DOPEUR

Based on our trend formula, DOPEUR is rated as a -85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-85
Smart Scan Analysis for DOPEUR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.01556419 0.01556419 0.01556419 0.01556419 0.00000000
Prev. Close Volume Bid Ask Time
0.01556419 2024-07-26 07:26:04
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