Forex Trend Analysis Report
Prepared for you on Monday, August 15, 2022.
Dominican Peso/British Pound (FOREX:DOPGBP)
Bull Market Weakness (+75) - DOPGBP is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on DOPGBP as it may be in the beginning stages of a reversal.
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.
MarketClub’s Trade Triangles for DOPGBP
The long-term trend has been UP since Feb 24th, 2022 at 0.01344760
The intermediate-term trend has been DOWN since Aug 1st, 2022 at 0.01502611
The short-term trend has been UP since Aug 15th, 2022 at 0.01527557
Smart Scan Analysis for DOPGBP
Based on our trend formula, DOPGBP is rated as a +75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).