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Forex Trend Analysis Report

Prepared for you on Wednesday, June 19, 2019.

US Dollar/Dominican Peso (FOREX:USDDOP)

Smart Scan Chart Analysis confirms that a strong downtrend is in place and that the market remains negative longer term. Strong Downtrend with money management stops. A triangle indicates the presence of a very strong trend that is being driven by strong forces and insiders.

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
50.995 50.995 50.995 50.995 0.000
Entry Signal

MarketClub’s Trade Triangles for USDDOP

long term down The long term trend has been DOWN since Jun 2nd, 2019 at 50.470

intermediate term down The intermediate term trend has been DOWN since Jun 2nd, 2019 at 50.470

short term down The short term trend has been DOWN since Jun 19th, 2019 at 51.065

Smart Scan Analysis for USDDOP

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

-100
Smart Scan Analysis for USDDOP
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
50.995 50.995 50.995 50.995 0.000
Prev. Close Volume Bid Ask Time
50.995 50.430 51.560 2019-06-19 12:51:52
Want to analyze US Dollar/Dominican Peso USDDOP or another symbol? Try our Free Forex Trend Analysis Report.