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Forex Trend Analysis Report
Prepared for you on Thursday, May 8, 2025.
US Dollar/Dominican Peso (FOREX:USDDOP)
Strong Downtrend (-100) - USDDOP is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, USDDOP continues to fall. Traders should use caution and set stops.
Is it time to buy, sell, or avoid USDDOP?
MarketClub looks at technical strength and momentum to determine if the timing is right for USDDOP.
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 USDDOP
The long-term trend has been DOWN since Apr 16th, 2025 at 61.144003
The intermediate-term trend has been DOWN since Apr 13th, 2025 at 62.447761
The short-term trend has been DOWN since Apr 13th, 2025 at 63.150000
Smart Scan Analysis for USDDOP
Based on our trend formula, USDDOP is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 58.870361 | 58.870361 | 58.870361 | 58.870361 | 0.000000 |
| Prev. Close | Volume | Bid | Ask | Time |
| 58.790894 | 2025-05-04 11:01:00 |