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Forex Trend Analysis Report

Prepared for you on Friday, March 29, 2024.

British Pound/Dominican Peso (FOREX:GBPDOP)

Weak Uptrend (+65) - GBPDOP is showing signs of weakening momentum to the upside. Monitor 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.

FOREX_GBPDOP
Open High Low GBPDOP Price Change
74.80904 74.82682 74.80311 74.81022 +0.00118
Entry Signal

MarketClub’s Trade Triangles for GBPDOP

long term up The long-term trend has been UP since Jan 5th, 2024 at 74.19399

intermediate term up The intermediate-term trend has been UP since Mar 7th, 2024 at 74.96492

short term down The short-term trend has been DOWN since Mar 21st, 2024 at 74.90984

Smart Scan Analysis for GBPDOP

Based on our trend formula, GBPDOP is rated as a +65 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+65
Smart Scan Analysis for GBPDOP
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
74.80904 74.82682 74.80311 74.81022 +0.00118
Prev. Close Volume Bid Ask Time
74.80904 2024-03-29 00:48:02
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