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Forex Trend Analysis Report

Prepared for you on Thursday, October 21, 2021.

Indonesian Rupiah/New Taiwan Dollar (FOREX:IDRTWD)

Bull Market Weakness (+75) - IDRTWD is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on 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
0.00198846 0.00198846 0.00198846 0.00198846 0.00000000
Entry Signal

MarketClub’s Trade Triangles for IDRTWD

long term up The long-term trend has been UP since Oct 4th, 2021 at 0.00194973

intermediate term up The intermediate-term trend has been UP since Oct 10th, 2021 at 0.00195444

short term up The short-term trend has been UP since Oct 10th, 2021 at 0.00195444

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
0.00198846 0.00198846 0.00198846 0.00198846 0.00000000
Prev. Close Volume Bid Ask Time
0.00198846 2021-10-14 07:18:43
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