Analyze Symbol

Forex Trend Analysis Report

Prepared for you on Monday, August 19, 2019.

US Dollar/Dominican Peso (FOREX:USDDOP)

Smart Scan Chart Analysis shows the current uptrend is at a crossroads and has possibly ended. Look for choppy trading action in the nearterm Very Weak Uptrend with very tight stops.

The Trade Triangles are generated using a proprietary algorithm that is comprised of weighted factors that include, but are not limited to - price change, percentage change, moving averages, and new highs/lows. The MarketClub trading strategy is based on the triangles, learn more here.

FOREX_USDDOP
Open High Low USDDOP Price Change
51.155 51.165 51.155 51.165 +0.010
Entry Signal

MarketClub’s Trade Triangles for USDDOP

long term down The long term trend has been DOWN since Jun 2nd, 2019 at 50.4700

intermediate term up The intermediate term trend has been UP since Jul 22nd, 2019 at 51.0625

short term up The short term trend has been UP since Aug 14th, 2019 at 51.0300

Smart Scan Analysis for USDDOP

Based on a pre-defined weighted trend formula for chart analysis, USDDOP scored +60 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

+60
Smart Scan Analysis for USDDOP
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
51.155 51.165 51.155 51.165 +0.010
Prev. Close Volume Bid Ask Time
51.155 50.470 51.860 2019-08-19 08:56:39
Want to analyze US Dollar/Dominican Peso USDDOP or another symbol? Try our Free Forex Trend Analysis Report.