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Forex Trend Analysis Report

Prepared for you on Wednesday, April 17, 2024.

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.

FOREX_DOPGBP
Open High Low DOPGBP Price Change
0.01361130 0.01362878 0.01355612 0.01362537 +0.00001400
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 Apr 1st, 2024 at 0.01341594

short term up The short-term trend has been UP since Apr 10th, 2024 at 0.01340473

Smart Scan Analysis for DOPGBP

Based on our trend formula, DOPGBP is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+70
Smart Scan Analysis for DOPGBP
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.01361130 0.01362878 0.01355612 0.01362537 +0.00001400
Prev. Close Volume Bid Ask Time
0.01361130 2024-04-17 21:57:04
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