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Forex Trend Analysis Report

Prepared for you on Sunday, September 24, 2017.

Indonesian Rupiah/New Taiwan Dollar (FOREX:IDRTWD)

Smart Scan Chart Analysis shows the current uptrend is at a crossroads and has possibly ended. Look for choppy trading action in the nearterm Very Weak Uptrend with very tight 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
0.226705 0.226705 0.226705 0.226705 0.000000
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 Sep 8th, 2017 at 0.227385

short term up The short term trend has been UP since Sep 22nd, 2017 at 0.227685

Smart Scan Analysis for IDRTWD

Based on a pre-defined weighted trend formula for chart analysis, IDRTWD scored +60 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

+60
Smart Scan Analysis for IDRTWD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.226705 0.226705 0.226705 0.226705 0.000000
Prev. Close Volume Bid Ask Time
0.226705 0.220430 0.232980 2017-09-24 01:05:55
Want to analyze Indonesian Rupiah/New Taiwan Dollar IDRTWD or another symbol? Try our Free Forex Trend Analysis Report.