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Forex Trend Analysis Report

Prepared for you on Tuesday, July 17, 2018.

New Taiwan Dollar/Indonesian Rupiah (FOREX:TWDIDR)

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_TWDIDR
Open High Low TWDIDR Price Change
470.745 470.745 468.200 470.520 -0.225
Entry Signal

MarketClub’s Trade Triangles for TWDIDR

long term down The long term trend has been DOWN since Jun 18th, 2018 at 461.305

intermediate term up The intermediate term trend has been UP since Jun 25th, 2018 at 467.440

short term down The short term trend has been DOWN since Jul 11th, 2018 at 470.750

Smart Scan Analysis for TWDIDR

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

+55
Smart Scan Analysis for TWDIDR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
470.745 470.745 468.200 470.520 -0.225
Prev. Close Volume Bid Ask Time
470.745 464.090 476.950 2018-07-17 22:48:49
Want to analyze New Taiwan Dollar/Indonesian Rupiah TWDIDR or another symbol? Try our Free Forex Trend Analysis Report.