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Forex Trend Analysis Report

Prepared for you on Wednesday, March 29, 2023.

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.

FOREX_INRTWD
Open High Low INRTWD Price Change
0.37034650 0.37109225 0.36812948 0.37104552 +0.00069900
Entry Signal

MarketClub’s Trade Triangles for INRTWD

long term down The long-term trend has been DOWN since Oct 7th, 2022 at 0.37204189

intermediate term down The intermediate-term trend has been DOWN since Mar 10th, 2023 at 0.36348190

short term up The short-term trend has been UP since Mar 27th, 2023 at 0.36961201

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
0.37034650 0.37109225 0.36812948 0.37104552 +0.00069900
Prev. Close Volume Bid Ask Time
0.37034650 2023-03-29 15:13:13
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