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Forex Trend Analysis Report

Prepared for you on Tuesday, December 7, 2021.

British Pound/Dominican Peso (FOREX:GBPDOP)

Strong Downtrend (-100) - GBPDOP is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, SHORTSYMBOL continues to fall. Traders should use caution and set stops.

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

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

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

FOREX_GBPDOP
Open High Low GBPDOP Price Change
75.45708 75.49344 74.84907 74.92027 -0.53681
Entry Signal

MarketClub’s Trade Triangles for GBPDOP

long term down The long-term trend has been DOWN since Apr 8th, 2021 at 77.92415

intermediate term down The intermediate-term trend has been DOWN since Nov 4th, 2021 at 76.45162

short term down The short-term trend has been DOWN since Nov 23rd, 2021 at 75.78550

Smart Scan Analysis for GBPDOP

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

-100
Smart Scan Analysis for GBPDOP
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
75.45708 75.49344 74.84907 74.92027 -0.53681
Prev. Close Volume Bid Ask Time
75.45708 2021-12-07 22:12:12
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