Free Daily Analysis

Forex Trend Analysis Report

Prepared for you on Friday, July 26, 2024.

Indian Rupee/New Taiwan Dollar (FOREX:INRTWD)

Bull Market Weakness (+75) - INRTWD is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on INRTWD as it may be in the beginning stages 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.

FOREX_INRTWD
Open High Low INRTWD Price Change
0.39183825 0.39209554 0.39146762 0.39188885 +0.00005100
Entry Signal

MarketClub’s Trade Triangles for INRTWD

long term up The long-term trend has been UP since Mar 11th, 2024 at 0.38266811

intermediate term up The intermediate-term trend has been UP since Jun 26th, 2024 at 0.39059528

short term down The short-term trend has been DOWN since Jul 24th, 2024 at 0.39131357

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).

+75
Smart Scan Analysis for INRTWD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.39183825 0.39209554 0.39146762 0.39188885 +0.00005100
Prev. Close Volume Bid Ask Time
0.39183825 2024-07-26 17:00:04
Get a free daily analysis and signals for Indian Rupee/New Taiwan Dollar (INRTWD) - Request Your Free Report.