Free Daily Analysis

Forex Trend Analysis Report

Prepared for you on Saturday, July 2, 2022.

New Taiwan Dollar/Indonesian Rupiah (FOREX:TWDIDR)

Crossroads (+60) - TWDIDR is struggling to move into a solid trend. Beware of choppy markets and consider a sidelines position until a stronger trend is identified.

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
500.74513 503.81048 500.33120 502.35324 +1.60811
Entry Signal

MarketClub’s Trade Triangles for TWDIDR

long term down The long-term trend has been DOWN since Apr 17th, 2022 at 491.90774

intermediate term up The intermediate-term trend has been UP since Jun 27th, 2022 at 501.85842

short term up The short-term trend has been UP since Jun 27th, 2022 at 501.82266

Smart Scan Analysis for TWDIDR

Based on our trend formula, TWDIDR is rated as a +60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+60
Smart Scan Analysis for TWDIDR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
500.74513 503.81048 500.33120 502.35324 +1.60811
Prev. Close Volume Bid Ask Time
500.74513 2022-07-01 17:09:31
Get a free daily analysis and signals for New Taiwan Dollar/Indonesian Rupiah (TWDIDR) - Request Your Free Report.