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Forex Trend Analysis Report
Prepared for you on Friday, July 26, 2024.
New Taiwan Dollar/Indian Rupee (FOREX:TWDINR)
Bear Market Rally (-75) - TWDINR is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on TWDINR as it may be in the beginning of a reversal.
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.
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MarketClub’s Trade Triangles for TWDINR
The long-term trend has been DOWN since Mar 11th, 2024 at 2.6137901
The intermediate-term trend has been DOWN since Jul 1st, 2024 at 2.5596475
The short-term trend has been UP since Jul 24th, 2024 at 2.5552559
Smart Scan Analysis for TWDINR
Based on our trend formula, TWDINR is rated as a -75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 2.5519957 | 2.5544623 | 2.5504066 | 2.5521635 | +0.0001680 |
| Prev. Close | Volume | Bid | Ask | Time |
| 2.5519957 | 2024-07-26 17:02:13 |