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Forex Trend Analysis Report

Prepared for you on Friday, July 19, 2019.

Dominican Peso/US Dollar (FOREX:DOPUSD)

Smart Scan Chart Analysis confirms that a short term counter trend move is underway. When this action is over look for the longer term negative trend to resume. Downtrend with money management 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.

FOREX_DOPUSD
Open High Low DOPUSD Price Change
0.019658 0.019658 0.019658 0.019658 0.000000
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 up The short term trend has been UP since Jul 9th, 2019 at 0.019679

Smart Scan Analysis for DOPUSD

Based on a pre-defined weighted trend formula for chart analysis, DOPUSD scored -85 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-85
Smart Scan Analysis for DOPUSD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.019658 0.019658 0.019658 0.019658 0.000000
Prev. Close Volume Bid Ask Time
0.019658 0.019383 0.019934 2019-07-17 09:03:54
Want to analyze Dominican Peso/US Dollar DOPUSD or another symbol? Try our Free Forex Trend Analysis Report.