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Forex Trend Analysis Report

Prepared for you on Tuesday, January 14, 2025.

Indian Rupee/New Taiwan Dollar (FOREX:INRTWD)

Sidelines Mode (+55) - INRTWD is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.

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
0.38224577 0.38239892 0.37988048 0.38114064 -0.00110500
Entry Signal

MarketClub’s Trade Triangles for INRTWD

long term up The long-term trend has been UP since Dec 27th, 2024 at 0.38705924

intermediate term up The intermediate-term trend has been UP since Dec 27th, 2024 at 0.38671554

short term down The short-term trend has been DOWN since Jan 13th, 2025 at 0.38156491

Smart Scan Analysis for INRTWD

Based on our trend formula, INRTWD is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+55
Smart Scan Analysis for INRTWD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.38224577 0.38239892 0.37988048 0.38114064 -0.00110500
Prev. Close Volume Bid Ask Time
0.38224577 2025-01-14 17:43:07
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