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Forex Trend Analysis Report

Prepared for you on Monday, May 25, 2020.

New Taiwan Dollar/Indian Rupee (FOREX:TWDINR)

Crossroads (-60) - TWDINR 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 TWDINR?

MarketClub looks at technical strength and momentum to determine if the timing is right for TWDINR.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

FOREX_TWDINR
Open High Low TWDINR Price Change
2.5280479 2.5391138 2.5239956 2.5285798 +0.0005320
Entry Signal

MarketClub’s Trade Triangles for TWDINR

long term up The long-term trend has been UP since Aug 13th, 2019 at 2.2829000

intermediate term down The intermediate-term trend has been DOWN since May 12th, 2020 at 2.5133951

short term down The short-term trend has been DOWN since May 20th, 2020 at 2.5211878

Smart Scan Analysis for TWDINR

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

-60
Smart Scan Analysis for TWDINR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
2.5280479 2.5391138 2.5239956 2.5285798 +0.0005320
Prev. Close Volume Bid Ask Time
2.5280479 2.5285631 2.5285964 2020-05-25 05:16:49
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