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Forex Trend Analysis Report

Prepared for you on Saturday, December 7, 2019.

Dominican Peso/US Dollar (FOREX:DOPUSD)

Smart Scan Chart Analysis confirms that a strong downtrend is in place and that the market remains negative longer term. 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
0.01893335 0.01893335 0.01893335 0.01893335 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 0.01957500

intermediate term down The intermediate term trend has been DOWN since Dec 2nd, 2019 at 0.01892475

short term down The short term trend has been DOWN since Dec 2nd, 2019 at 0.01894280

Smart Scan Analysis for DOPUSD

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

-100
Smart Scan Analysis for DOPUSD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.01893335 0.01893335 0.01893335 0.01893335 0.00000000
Prev. Close Volume Bid Ask Time
0.01891735 0.01867443 0.01919227 2019-12-04 07:15:59
Want to analyze Dominican Peso/US Dollar DOPUSD or another symbol? Try our Free Forex Trend Analysis Report.