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Forex Trend Analysis Report

Prepared for you on Wednesday, January 15, 2025.

Indonesian Rupiah/New Taiwan Dollar (FOREX:IDRTWD)

Strong Downtrend (-100) - IDRTWD is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, IDRTWD continues to fall. Traders should use caution and set stops.

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
0.00202802 0.00202890 0.00201696 0.00202032 -0.00000800
Entry Signal

MarketClub’s Trade Triangles for IDRTWD

long term down The long-term trend has been DOWN since Dec 18th, 2024 at 0.00200479

intermediate term down The intermediate-term trend has been DOWN since Jan 13th, 2025 at 0.00200459

short term down The short-term trend has been DOWN since Jan 13th, 2025 at 0.00202182

Smart Scan Analysis for IDRTWD

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

-100
Smart Scan Analysis for IDRTWD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.00202802 0.00202890 0.00201696 0.00202032 -0.00000800
Prev. Close Volume Bid Ask Time
0.00202802 2025-01-15 03:36:28
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