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Forex Trend Analysis Report
Prepared for you on Friday, April 26, 2024.
New Taiwan Dollar/Indonesian Rupiah (FOREX:TWDIDR)
Long-Term Uptrend (+90) - TWDIDR is in a strong uptrend that is likely to continue. While TWDIDR is showing intraday weakness, it remains in the confines of a bullish trend. Traders should use caution and utilize a stop order.
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.
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MarketClub’s Trade Triangles for TWDIDR
The long-term trend has been UP since Aug 1st, 2023 at 491.46567
The intermediate-term trend has been UP since Mar 31st, 2024 at 498.18219
The short-term trend has been UP since Apr 26th, 2024 at 498.77935
Smart Scan Analysis for TWDIDR
Based on our trend formula, TWDIDR is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 497.71406 | 499.18981 | 497.13169 | 497.48293 | -0.23113 |
| Prev. Close | Volume | Bid | Ask | Time |
| 497.71406 | 2024-04-26 10:30:59 |