Forex Trend Analysis Report
Prepared for you on Sunday, March 24, 2019.
Dominican Peso/British Pound (FOREX:DOPGBP)
Smart Scan Chart Analysis shows the current downward trend is at a crossroads and has possibly ended. Look for choppy trading action in the nearterm Very Weak Downtrend with very tight stops.
The Trade Triangles are generated using a proprietary algorithm that is comprised of weighted factors that include, but are not limited to - price change, percentage change, moving averages, and new highs/lows. The MarketClub trading strategy is based on the triangles, learn more here.
MarketClub’s Trade Triangles for DOPGBP
The long term trend has been DOWN since Jan 23rd, 2019 at 0.015114
The intermediate term trend has been UP since Feb 14th, 2019 at 0.015390
The short term trend has been UP since Mar 18th, 2019 at 0.014960
Smart Scan Analysis for DOPGBP
Based on a pre-defined weighted trend formula for chart analysis, DOPGBP scored -60 on a scale from -100 (strong downtrend) to +100 (strong uptrend).