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Forex Trend Analysis Report

Prepared for you on Tuesday, December 3, 2024.

Indonesian Rupiah/New Taiwan Dollar (FOREX:IDRTWD)

Weak Uptrend (+65) - IDRTWD is showing signs of weakening momentum to the upside. Monitor IDRTWD as it may be in the beginning stages 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
0.00204883 0.00205095 0.00203402 0.00203954 -0.00000900
Entry Signal

MarketClub’s Trade Triangles for IDRTWD

long term up The long-term trend has been UP since Jul 22nd, 2024 at 0.00205893

intermediate term up The intermediate-term trend has been UP since Nov 12th, 2024 at 0.00208385

short term down The short-term trend has been DOWN since Dec 3rd, 2024 at 0.00204521

Smart Scan Analysis for IDRTWD

Based on our trend formula, IDRTWD is rated as a +65 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+65
Smart Scan Analysis for IDRTWD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.00204883 0.00205095 0.00203402 0.00203954 -0.00000900
Prev. Close Volume Bid Ask Time
0.00204883 2024-12-03 19:49:49
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