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Forex Trend Analysis Report

Prepared for you on Friday, April 19, 2024.

New Taiwan Dollar/Indonesian Rupiah (FOREX:TWDIDR)

Bull Market Weakness (+75) - TWDIDR is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on TWDIDR as it may be in the beginning stages of a reversal.

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
500.19220 501.79255 499.82789 500.43369 +0.24149
Entry Signal

MarketClub’s Trade Triangles for TWDIDR

long term up The long-term trend has been UP since Aug 1st, 2023 at 491.46567

intermediate term up The intermediate-term trend has been UP since Mar 31st, 2024 at 498.18219

short term down The short-term trend has been DOWN since Apr 16th, 2024 at 494.57934

Smart Scan Analysis for TWDIDR

Based on our trend formula, TWDIDR is rated as a +75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+75
Smart Scan Analysis for TWDIDR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
500.19220 501.79255 499.82789 500.43369 +0.24149
Prev. Close Volume Bid Ask Time
500.19220 2024-04-19 04:01:35
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