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Forex Trend Analysis Report

Prepared for you on Thursday, July 7, 2022.

Indonesian Rupiah/New Taiwan Dollar (FOREX:IDRTWD)

Weak Downtrend (-65) - IDRTWD is showing signs of a strengthening downtrend. Monitor IDRTWD as it may be building momentum to the downside.

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
0.00198909 0.00198969 0.00198783 0.00198942 0.00000000
Entry Signal

MarketClub’s Trade Triangles for IDRTWD

long term up The long-term trend has been UP since Apr 17th, 2022 at 0.00203369

intermediate term down The intermediate-term trend has been DOWN since May 20th, 2022 at 0.00201392

short term down The short-term trend has been DOWN since Jun 30th, 2022 at 0.00198903

Smart Scan Analysis for IDRTWD

Based on our trend formula, IDRTWD is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-70
Smart Scan Analysis for IDRTWD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.00198909 0.00198969 0.00198783 0.00198942 0.00000000
Prev. Close Volume Bid Ask Time
0.00198909 2022-07-07 01:17:22
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