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Forex Trend Analysis Report

Prepared for you on Tuesday, December 11, 2018.

Indonesian Rupiah/New Taiwan Dollar (FOREX:IDRTWD)

Smart Scan Chart Analysis indicates a counter trend rally is underway The current up-trend could be changing and moving into a trading range Sidelines Mode.

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
0.212290 0.212555 0.211125 0.211125 -0.001165
Entry Signal

MarketClub’s Trade Triangles for IDRTWD

long term up The long term trend has been UP since Nov 26th, 2018 at 0.213365

intermediate term up The intermediate term trend has been UP since Nov 5th, 2018 at 0.204825

short term down The short term trend has been DOWN since Dec 5th, 2018 at 0.214680

Smart Scan Analysis for IDRTWD

Based on a pre-defined weighted trend formula for chart analysis, IDRTWD scored +55 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

+55
Smart Scan Analysis for IDRTWD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.212290 0.212555 0.211125 0.211125 -0.001165
Prev. Close Volume Bid Ask Time
0.212290 0.205110 0.217140 2018-12-11 23:44:14
Want to analyze Indonesian Rupiah/New Taiwan Dollar IDRTWD or another symbol? Try our Free Forex Trend Analysis Report.