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Forex Trend Analysis Report
Prepared for you on Friday, May 10, 2024.
Indonesian Rupiah/New Taiwan Dollar (FOREX:IDRTWD)
Strong Uptrend (+100) - IDRTWD is in a strong uptrend that is likely to continue. With short-term, intermediate, and long-term bullish momentum, IDRTWD continues to climb. Traders should protect gains and look for a change in score to suggest a slow down in momentum.
Is it time to buy, sell, or avoid IDRTWD?
MarketClub looks at technical strength and momentum to determine if the timing is right for IDRTWD.
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 IDRTWD
The long-term trend has been UP since Mar 20th, 2024 at 0.00204101
The intermediate-term trend has been UP since May 9th, 2024 at 0.00202432
The short-term trend has been UP since May 1st, 2024 at 0.00201172
Smart Scan Analysis for IDRTWD
Based on our trend formula, IDRTWD is rated as a +100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.00202389 | 0.00202649 | 0.00201849 | 0.00202052 | -0.00000300 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.00202389 | 2024-05-10 17:02:09 |