Analyze Symbol

Forex Trend Analysis Report

Prepared for you on Saturday, April 21, 2018.

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.

Open High Low IDRTWD Price Change
0.21231 0.21231 0.21196 0.21196 -0.00035
Entry Signal

MarketClub’s Trade Triangles for IDRTWD

long term down The long term trend has been DOWN since Jan 11th, 2018 at 0.218155

intermediate term up The intermediate term trend has been UP since Apr 13th, 2018 at 0.213050

short term down The short term trend has been DOWN since Apr 18th, 2018 at 0.213130

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).

Smart Scan Analysis for IDRTWD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.21231 0.21231 0.21196 0.21196 -0.00035
Prev. Close Volume Bid Ask Time
0.21231 0.20610 0.21782 2018-04-21 11:22:05
Want to analyze Indonesian Rupiah/New Taiwan Dollar IDRTWD or another symbol? Try our Free Forex Trend Analysis Report.