Forex Trend Analysis Report
Prepared for you on Sunday, October 17, 2021.
Indian Rupee/New Taiwan Dollar (FOREX:INRTWD)
Strong Downtrend (-100) - INRTWD is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, SHORTSYMBOL continues to fall. 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 Apr 8th, 2021 at 0.38215533
The intermediate-term trend has been DOWN since Sep 13th, 2021 at 0.37606107
The short-term trend has been DOWN since Sep 23rd, 2021 at 0.37570499
Smart Scan Analysis for INRTWD
Based on our trend formula, INRTWD is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).