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Forex Trend Analysis Report

Prepared for you on Wednesday, December 4, 2024.

Dominican Peso/British Pound (FOREX:DOPGBP)

Weak Downtrend (-65) - DOPGBP is showing signs of a strengthening downtrend. Monitor DOPGBP as it may be building momentum to the downside.

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

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

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

FOREX_DOPGBP
Open High Low DOPGBP Price Change
0.01300893 0.01306902 0.01298706 0.01302695 +0.00001800
Entry Signal

MarketClub’s Trade Triangles for DOPGBP

long term down The long-term trend has been DOWN since Jan 5th, 2024 at 0.01347818

intermediate term up The intermediate-term trend has been UP since Oct 9th, 2024 at 0.01271579

short term down The short-term trend has been DOWN since Nov 27th, 2024 at 0.01314025

Smart Scan Analysis for DOPGBP

Based on our trend formula, DOPGBP is rated as a -65 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-65
Smart Scan Analysis for DOPGBP
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.01300893 0.01306902 0.01298706 0.01302695 +0.00001800
Prev. Close Volume Bid Ask Time
0.01300893 2024-12-04 14:11:21
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