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Forex Trend Analysis Report

Prepared for you on Friday, July 26, 2024.

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
0.00201316 0.00201745 0.00201049 0.00201542 +0.00000200
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 Jul 2nd, 2024 at 0.00199490

short term down The short-term trend has been DOWN since Jul 23rd, 2024 at 0.00201976

Smart Scan Analysis for IDRTWD

Based on our trend formula, IDRTWD is rated as a +75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+75
Smart Scan Analysis for IDRTWD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.00201316 0.00201745 0.00201049 0.00201542 +0.00000200
Prev. Close Volume Bid Ask Time
0.00201316 2024-07-26 17:00:04
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