Analyze Symbol

Forex Trend Analysis Report

Prepared for you on Tuesday, July 25, 2017.

Indonesian Rupiah/New Taiwan Dollar (FOREX:IDRTWD)

Smart Scan Chart Analysis is showing some near term rallying power. However, this market remains in the confines of a longer-term Downtrend with tight 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_IDRTWD
Open High Low IDRTWD Price Change
0.22776 0.22776 0.22776 0.22776 0.00000
Entry Signal

MarketClub’s Trade Triangles for IDRTWD

long term down The long term trend has been DOWN since May 19th, 2017 at 0.225195

intermediate term up The intermediate term trend has been UP since Jun 12th, 2017 at 0.227740

short term down The short term trend has been DOWN since Jul 21st, 2017 at 0.227750

Smart Scan Analysis for IDRTWD

Based on a pre-defined weighted trend formula for chart analysis, IDRTWD scored -75 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-75
Smart Scan Analysis for IDRTWD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.22776 0.22776 0.22776 0.22776 0.00000
Prev. Close Volume Bid Ask Time
0.22776 0.22131 0.23421 2017-07-25 08:41:06
Want to analyze Indonesian Rupiah/New Taiwan Dollar IDRTWD or another symbol? Try our Free Forex Trend Analysis Report.