Forex Trend Analysis Report

Prepared for you on Saturday, July 2, 2022.

New Taiwan Dollar/Indonesian Rupiah (FOREX:TWDIDR)

Crossroads (+60) - TWDIDR is struggling to move into a solid trend. Beware of choppy markets 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.

Open	High	Low	TWDIDR Price	Change
500.74513	503.81048	500.33120	502.35324	+1.60811
Entry Signal

MarketClub’s Trade Triangles for TWDIDR

The long-term trend has been DOWN since Apr 17th, 2022 at 491.90774

The intermediate-term trend has been UP since Jun 27th, 2022 at 501.85842

The short-term trend has been UP since Jun 27th, 2022 at 501.82266

Smart Scan Analysis for TWDIDR

Based on our trend formula, TWDIDR is rated as a +60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+60

Strong Downtrend Sideways Strong Uptrend

Open	High	Low	Price	Change
500.74513	503.81048	500.33120	502.35324	+1.60811
Prev. Close	Volume	Bid	Ask	Time
500.74513				2022-07-01 17:09:31

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