Forex Trend Analysis Report
Prepared for you on Sunday, June 26, 2022.
Indian Rupee/New Taiwan Dollar (FOREX:INRTWD)
Long-Term Downtrend (-90) - INRTWD is in a strong downtrend that is likely to continue. While INRTWD is showing intraday strength, it remains in the confines of a bearish trend. Traders should use caution and set stops.
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 Jun 2nd, 2022 at 0.36054794
The intermediate-term trend has been DOWN since May 26th, 2022 at 0.37947502
The short-term trend has been DOWN since Jun 20th, 2022 at 0.37949636
Smart Scan Analysis for INRTWD
Based on our trend formula, INRTWD is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).