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Forex Trend Analysis Report

Prepared for you on Thursday, December 3, 2020.

Indonesian Rupiah/New Taiwan Dollar (FOREX:IDRTWD)

Bear Market Rally (-75) - IDRTWD is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on IDRTWD as it may be in the beginning of a reversal.

Is it time to buy, sell, or avoid IDRTWD?

MarketClub looks at technical strength and momentum to determine if the timing is right for IDRTWD.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

FOREX_IDRTWD
Open High Low IDRTWD Price Change
0.00201876 0.00201876 0.00201876 0.00201876 0.00000000
Entry Signal

MarketClub’s Trade Triangles for IDRTWD

long term down The long-term trend has been DOWN since Sep 9th, 2020 at 0.19747713

intermediate term down The intermediate-term trend has been DOWN since Dec 1st, 2020 at 0.00200786

short term down The short-term trend has been DOWN since Dec 1st, 2020 at 0.00202227

Smart Scan Analysis for IDRTWD

Based on our trend formula, IDRTWD is rated as a -80 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-80
Smart Scan Analysis for IDRTWD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.00201876 0.00201876 0.00201876 0.00201876 0.00000000
Prev. Close Volume Bid Ask Time
0.00200297 2020-12-02 07:11:57
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