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.
MarketClub’s Trade Triangles for TWDIDR
The long-term trend has been UP since Mar 9th, 2020 at 476.82872
The intermediate-term trend has been UP since Mar 9th, 2020 at 476.82872
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).