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.
MarketClub’s Trade Triangles for TWDIDR
The long-term trend has been UP since Feb 16th, 2021 at 512.53266
The intermediate-term trend has been UP since Feb 16th, 2021 at 504.35654
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).