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Forex Trend Analysis Report

Prepared for you on Friday, October 18, 2019.

Dominican Peso/US Dollar (FOREX:DOPUSD)

Smart Scan Chart Analysis continues negative longer term. Look for this market to remain weak. Strong Downtrend with money management stops. A triangle indicates the presence of a very strong trend that is being driven by strong forces and insiders.

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
0.01897511 0.01897511 0.01897511 0.01897511 0.00000000
Entry Signal

MarketClub’s Trade Triangles for DOPUSD

long term down The long term trend has been DOWN since Jun 16th, 2019 at 0.019575

intermediate term down The intermediate term trend has been DOWN since Jun 16th, 2019 at 0.019771

short term down The short term trend has been DOWN since Sep 27th, 2019 at 0.019378

Smart Scan Analysis for DOPUSD

Based on a pre-defined weighted trend formula for chart analysis, DOPUSD scored -90 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-90
Smart Scan Analysis for DOPUSD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.01897511 0.01897511 0.01897511 0.01897511 0.00000000
Prev. Close Volume Bid Ask Time
0.01897511 0.01871625 0.01923396 2019-10-17 20:06:26
Want to analyze Dominican Peso/US Dollar DOPUSD or another symbol? Try our Free Forex Trend Analysis Report.