Free Daily Analysis

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.

FOREX_INRTWD
Open High Low INRTWD Price Change
0.38027449 0.38041645 0.37931585 0.37967477 -0.00060000
Entry Signal

MarketClub’s Trade Triangles for INRTWD

long term down The long-term trend has been DOWN since Jun 2nd, 2022 at 0.36054794

intermediate term down The intermediate-term trend has been DOWN since May 26th, 2022 at 0.37947502

short term down 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).

-90
Smart Scan Analysis for INRTWD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.38027449 0.38041645 0.37931585 0.37967477 -0.00060000
Prev. Close Volume Bid Ask Time
0.38027449 2022-06-24 17:02:51
Get a free daily analysis and signals for Indian Rupee/New Taiwan Dollar (INRTWD) - Request Your Free Report.