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Forex Trend Analysis Report
Prepared for you on Wednesday, February 5, 2025.
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 DOWN since Jan 9th, 2025 at 75.20987
The intermediate-term trend has been UP since Feb 2nd, 2025 at 77.21629
The short-term trend has been UP since Feb 4th, 2025 at 77.32317
Smart Scan Analysis for GBPDOP
Based on our trend formula, GBPDOP is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 76.69633 | 77.56204 | 76.65174 | 77.35333 | +0.65700 |
| Prev. Close | Volume | Bid | Ask | Time |
| 76.69633 | 2025-02-05 09:48:03 |