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Forex Trend Analysis Report

Prepared for you on Monday, March 1, 2021.

New Taiwan Dollar/Indonesian Rupiah (FOREX:TWDIDR)

Strong Uptrend (+100) - TWDIDR is in a strong uptrend that is likely to continue. With short-term, intermediate, and long-term bullish momentum, TWDIDR continues to climb. Traders should protect gains and look for a change in score to suggest a slow down in momentum.

Is it time to buy, sell, or avoid TWDIDR?

MarketClub looks at technical strength and momentum to determine if the timing is right for TWDIDR.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

FOREX_TWDIDR
Open High Low TWDIDR Price Change
511.05591 511.37207 511.05591 511.37207 +0.31616
Entry Signal

MarketClub’s Trade Triangles for TWDIDR

long term up The long-term trend has been UP since Feb 16th, 2021 at 512.53266

intermediate term up The intermediate-term trend has been UP since Feb 16th, 2021 at 504.35654

short term up The short-term trend has been UP since Feb 16th, 2021 at 499.74076

Smart Scan Analysis for TWDIDR

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

+100
Smart Scan Analysis for TWDIDR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
511.05591 511.37207 511.05591 511.37207 +0.31616
Prev. Close Volume Bid Ask Time
511.05591 2021-03-01 14:00:45
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