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Forex Trend Analysis Report

Prepared for you on Saturday, December 9, 2023.

Indian Rupee/New Taiwan Dollar (FOREX:INRTWD)

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

Is it time to buy, sell, or avoid INRTWD?

MarketClub looks at technical strength and momentum to determine if the timing is right for INRTWD.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

FOREX_INRTWD
Open High Low INRTWD Price Change
0.37561008 0.37985868 0.37518341 0.37678509 +0.00117500
Entry Signal

MarketClub’s Trade Triangles for INRTWD

long term up The long-term trend has been UP since Aug 3rd, 2023 at 0.38439472

intermediate term down The intermediate-term trend has been DOWN since Nov 1st, 2023 at 0.38442452

short term down The short-term trend has been DOWN since Dec 7th, 2023 at 0.37511049

Smart Scan Analysis for INRTWD

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

-70
Smart Scan Analysis for INRTWD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.37561008 0.37985868 0.37518341 0.37678509 +0.00117500
Prev. Close Volume Bid Ask Time
0.37561008 2023-12-08 17:07:12
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