Analyze Symbol
Forex Trend Analysis Report
Prepared for you on Wednesday, January 29, 2020.
New Taiwan Dollar/Indonesian Rupiah (FOREX:TWDIDR)
Smart Scan Chart Analysis continues negative longer term. Look for this market to remain weak. Strong Downtrend with money management stops. A triangle indicates the presence of a very strong trend that is being driven by strong forces and insiders.
The Trade Triangles are generated using a proprietary algorithm that is comprised of weighted factors that include, but are not limited to - price change, percentage change, moving averages, and new highs/lows. The MarketClub trading strategy is based on the triangles, learn more here.
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MarketClub’s Trade Triangles for TWDIDR
The long term trend has been DOWN since Jan 16th, 2020 at 456.69000
The intermediate term trend has been DOWN since Jan 7th, 2020 at 460.29381
The short term trend has been DOWN since Jan 27th, 2020 at 451.59393
Smart Scan Analysis for TWDIDR
Based on a pre-defined weighted trend formula for chart analysis, TWDIDR scored -90 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 452.60750 | 452.60750 | 452.60750 | 452.60750 | 0.00000 |
| Prev. Close | Volume | Bid | Ask | Time |
| 452.60750 | 445.67484 | 459.54016 | 2020-01-29 05:51:37 |