Forex Trend Analysis Report
Prepared for you on Sunday, February 28, 2021.
Indian Rupee/New Taiwan Dollar (FOREX:INRTWD)
Bear Market Rally (-75) - INRTWD is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on INRTWD as it may be in the beginning of a reversal.
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.
MarketClub’s Trade Triangles for INRTWD
The long-term trend has been DOWN since Oct 20th, 2020 at 0.39097835
The intermediate-term trend has been UP since Dec 31st, 2020 at 0.38416497
The short-term trend has been DOWN since Feb 17th, 2021 at 0.38581122
Smart Scan Analysis for INRTWD
Based on our trend formula, INRTWD is rated as a -75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).