Forex Trend Analysis Report
Prepared for you on Thursday, August 13, 2020.
Dominican Peso/Euro (FOREX:DOPEUR)
Strong Downtrend (-100) - DOPEUR is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, SHORTSYMBOL continues to fall. Traders should use caution 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.
MarketClub’s Trade Triangles for DOPEUR
The long-term trend has been DOWN since Jul 9th, 2020 at 0.01519797
The intermediate-term trend has been DOWN since Jul 9th, 2020 at 0.01519797
The short-term trend has been DOWN since Jul 8th, 2020 at 0.01522481
Smart Scan Analysis for DOPEUR
Based on our trend formula, DOPEUR is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).