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Forex Trend Analysis Report

Prepared for you on Thursday, December 26, 2024.

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
0.38414642 0.38420221 0.38364696 0.38397518 -0.00017100
Entry Signal

MarketClub’s Trade Triangles for INRTWD

long term down The long-term trend has been DOWN since Aug 8th, 2024 at 0.38296168

intermediate term down The intermediate-term trend has been DOWN since Dec 5th, 2024 at 0.38115876

short term up The short-term trend has been UP since Dec 25th, 2024 at 0.38481836

Smart Scan Analysis for INRTWD

Based on our trend formula, INRTWD is rated as a -65 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-65
Smart Scan Analysis for INRTWD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.38414642 0.38420221 0.38364696 0.38397518 -0.00017100
Prev. Close Volume Bid Ask Time
0.38414642 2024-12-26 04:55:36
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