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Forex Trend Analysis Report
Prepared for you on Tuesday, November 5, 2024.
British Pound/Dominican Peso (FOREX:GBPDOP)
Bull Market Weakness (+75) - GBPDOP is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on GBPDOP as it may be in the beginning stages of a reversal.
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.
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MarketClub’s Trade Triangles for GBPDOP
The long-term trend has been UP since Jan 5th, 2024 at 74.19399
The intermediate-term trend has been DOWN since Oct 9th, 2024 at 78.64241
The short-term trend has been UP since Nov 5th, 2024 at 78.36134
Smart Scan Analysis for GBPDOP
Based on our trend formula, GBPDOP is rated as a +75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 78.31328 | 78.49009 | 78.31328 | 78.47015 | +0.15687 |
| Prev. Close | Volume | Bid | Ask | Time |
| 78.31328 | 2024-11-05 05:26:04 |