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Forex Trend Analysis Report
Prepared for you on Thursday, April 18, 2024.
Dominican Peso/US Dollar (FOREX:DOPUSD)
Sidelines Mode (+50) - DOPUSD is failing to move into a strong trend and is encountering choppy trading conditions. Be cautious and consider taking a sidelines position until DOPUSD can gain momentum.
Is it time to buy, sell, or avoid DOPUSD?
MarketClub looks at technical strength and momentum to determine if the timing is right for DOPUSD.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
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MarketClub’s Trade Triangles for DOPUSD
The long-term trend has been DOWN since Jul 5th, 2023 at 0.01805879
The intermediate-term trend has been UP since Apr 17th, 2024 at 0.01694469
The short-term trend has been UP since Apr 17th, 2024 at 0.01690419
Smart Scan Analysis for DOPUSD
Based on our trend formula, DOPUSD is rated as a +50 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.01696649 | 0.01696649 | 0.01696649 | 0.01696649 | 0.00000000 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.01696649 | 2024-04-17 19:38:12 |