Forex Trend Analysis Report

Prepared for you on Monday, March 27, 2023.

New Taiwan Dollar/Indonesian Rupiah (FOREX:TWDIDR)

Sidelines Mode (+55) - TWDIDR is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement 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
500.24068	500.28851	498.05210	498.17176	-2.06892
Entry Signal

MarketClub’s Trade Triangles for TWDIDR

The long-term trend has been UP since Mar 10th, 2023 at 515.31621

The intermediate-term trend has been UP since Mar 10th, 2023 at 505.82120

The short-term trend has been DOWN since Mar 12th, 2023 at 500.05829

Smart Scan Analysis for TWDIDR

Based on our trend formula, TWDIDR is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+55

Strong Downtrend Sideways Strong Uptrend

Open	High	Low	Price	Change
500.24068	500.28851	498.05210	498.17176	-2.06892
Prev. Close	Volume	Bid	Ask	Time
500.24068				2023-03-27 09:03:15

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