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Forex Trend Analysis Report
Prepared for you on Thursday, January 2, 2025.
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.
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MarketClub’s Trade Triangles for TWDIDR
The long-term trend has been UP since Dec 18th, 2024 at 498.54789
The intermediate-term trend has been DOWN since Dec 25th, 2024 at 485.48449
The short-term trend has been DOWN since Dec 25th, 2024 at 491.89330
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).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 494.30434 | 494.79357 | 492.37186 | 494.75564 | +0.45130 |
| Prev. Close | Volume | Bid | Ask | Time |
| 494.30434 | 2025-01-02 18:42:55 |