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Forex Trend Analysis Report

Prepared for you on Monday, March 27, 2023.

New Taiwan Dollar/Indonesian Rupiah (FOREX:TWDIDR)

Sidelines Mode (+55) - TWDIDR is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement 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
500.24068 500.28851 498.05210 498.17176 -2.06892
Entry Signal

MarketClub’s Trade Triangles for TWDIDR

long term up The long-term trend has been UP since Mar 10th, 2023 at 515.31621

intermediate term up The intermediate-term trend has been UP since Mar 10th, 2023 at 505.82120

short term down The short-term trend has been DOWN since Mar 12th, 2023 at 500.05829

Smart Scan Analysis for TWDIDR

Based on our trend formula, TWDIDR is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+55
Smart Scan Analysis for TWDIDR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
500.24068 500.28851 498.05210 498.17176 -2.06892
Prev. Close Volume Bid Ask Time
500.24068 2023-03-27 09:03:15
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