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Forex Trend Analysis Report

Prepared for you on Thursday, April 9, 2020.

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
537.17873 537.17873 537.17873 537.17873 0.00000
Entry Signal

MarketClub’s Trade Triangles for TWDIDR

long term up The long-term trend has been UP since Mar 9th, 2020 at 476.82872

intermediate term up The intermediate-term trend has been UP since Mar 9th, 2020 at 476.82872

short term down The short-term trend has been DOWN since Apr 7th, 2020 at 541.47699

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
537.17873 537.17873 537.17873 537.17873 0.00000
Prev. Close Volume Bid Ask Time
537.17873 530.15278 544.20468 2020-04-09 06:16:53
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