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Forex Trend Analysis Report
Prepared for you on Thursday, May 9, 2024.
Indian Rupee/New Taiwan Dollar (FOREX:INRTWD)
Countertrend Up (+85) - INRTWD is showing short-term weakness. However, look for the longer-term bullish trend to resume. As always, continue to monitor the trend score and utilize a stop order.
Is it time to buy, sell, or avoid INRTWD?
MarketClub looks at technical strength and momentum to determine if the timing is right for INRTWD.
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 INRTWD
The long-term trend has been UP since Mar 11th, 2024 at 0.38266811
The intermediate-term trend has been UP since Mar 19th, 2024 at 0.38291063
The short-term trend has been UP since May 7th, 2024 at 0.38828244
Smart Scan Analysis for INRTWD
Based on our trend formula, INRTWD is rated as a +80 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.38843024 | 0.38864015 | 0.38803101 | 0.38837668 | -0.00005400 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.38843024 | 2024-05-09 13:08:40 |