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Forex Trend Analysis Report

Prepared for you on Saturday, March 25, 2023.

British Pound/Dominican Peso (FOREX:GBPDOP)

Sidelines Mode (-55) - GBPDOP is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.

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
67.14588 67.14588 67.14588 67.14588 0.00000
Entry Signal

MarketClub’s Trade Triangles for GBPDOP

long term down The long-term trend has been DOWN since Mar 7th, 2023 at 65.516852

intermediate term up The intermediate-term trend has been UP since Mar 22nd, 2023 at 67.476450

short term down The short-term trend has been DOWN since Mar 24th, 2023 at 66.737822

Smart Scan Analysis for GBPDOP

Based on our trend formula, GBPDOP is rated as a -55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-55
Smart Scan Analysis for GBPDOP
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
67.14588 67.14588 67.14588 67.14588 0.00000
Prev. Close Volume Bid Ask Time
67.14588 2023-03-25 06:15:39
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