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Forex Trend Analysis Report

Prepared for you on Thursday, March 21, 2019.

Dominican Peso/US Dollar (FOREX:DOPUSD)

Smart Scan Chart Analysis indicates that the upward trend for this market is at a crossroads and has possibly ended. Look for choppy trading conditions in the near term Trading Range Mode.

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.

FOREX_DOPUSD
Open High Low DOPUSD Price Change
0.019814 0.019814 0.019814 0.019814 0.000000
Entry Signal

MarketClub’s Trade Triangles for DOPUSD

long term down The long term trend has been DOWN since Jul 26th, 2018 at 0.019995

intermediate term up The intermediate term trend has been UP since Mar 20th, 2019 at 0.019798

short term up The short term trend has been UP since Mar 10th, 2019 at 0.019728

Smart Scan Analysis for DOPUSD

Based on a pre-defined weighted trend formula for chart analysis, DOPUSD scored +50 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

+50
Smart Scan Analysis for DOPUSD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.019814 0.019814 0.019814 0.019814 0.000000
Prev. Close Volume Bid Ask Time
0.019814 0.019539 0.020088 2019-03-20 22:16:14
Want to analyze Dominican Peso/US Dollar DOPUSD or another symbol? Try our Free Forex Trend Analysis Report.