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Forex Trend Analysis Report

Prepared for you on Monday, April 12, 2021.

Euro/Dominican Peso (FOREX:EURDOP)

Countertrend Down (-85) - EURDOP is showing short-term strength. However, look for the longer-term bearish trend to resume. As always, continue to monitor the trend score and set stops.

Is it time to buy, sell, or avoid EURDOP?

MarketClub looks at technical strength and momentum to determine if the timing is right for EURDOP.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

FOREX_EURDOP
Open High Low EURDOP Price Change
67.536 67.536 67.536 67.536 0.000
Entry Signal

MarketClub’s Trade Triangles for EURDOP

long term down The long-term trend has been DOWN since Mar 7th, 2021 at 69.387

intermediate term down The intermediate-term trend has been DOWN since Mar 7th, 2021 at 69.572

short term up The short-term trend has been UP since Apr 6th, 2021 at 66.666

Smart Scan Analysis for EURDOP

Based on our trend formula, EURDOP is rated as a -85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-85
Smart Scan Analysis for EURDOP
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
67.536 67.536 67.536 67.536 0.000
Prev. Close Volume Bid Ask Time
67.536 2021-04-10 08:07:00
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