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Forex Trend Analysis Report

Prepared for you on Friday, February 22, 2019.

US Dollar/Dominican Peso (FOREX:USDDOP)

Smart Scan Chart Analysis confirms that a short term counter trend move is underway. When this action is over look for the longer term positive trend to resume. Uptrend with money management 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
50.6775 50.6775 50.6775 50.6775 0.0000
Entry Signal

MarketClub’s Trade Triangles for USDDOP

long term up The long term trend has been UP since Dec 4th, 2018 at 50.381

intermediate term up The intermediate term trend has been UP since Feb 14th, 2019 at 50.685

short term up The short term trend has been UP since Feb 21st, 2019 at 50.649

Smart Scan Analysis for USDDOP

Based on a pre-defined weighted trend formula for chart analysis, USDDOP scored +80 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

+80
Smart Scan Analysis for USDDOP
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
50.6775 50.6775 50.6775 50.6775 0.0000
Prev. Close Volume Bid Ask Time
50.6775 49.9720 51.3830 2019-02-21 21:03:57
Want to analyze US Dollar/Dominican Peso USDDOP or another symbol? Try our Free Forex Trend Analysis Report.