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Forex Trend Analysis Report
Prepared for you on Thursday, December 26, 2024.
New Taiwan Dollar/Indian Rupee (FOREX:TWDINR)
Sidelines Mode (+50) - TWDINR is failing to move into a strong trend and is encountering choppy trading conditions. Be cautious and consider taking a sidelines position until TWDINR can gain momentum.
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 Nov 12th, 2024 at 2.5479339
The intermediate-term trend has been UP since Dec 5th, 2024 at 2.6229671
The short-term trend has been UP since Dec 24th, 2024 at 2.6084710
Smart Scan Analysis for TWDINR
Based on our trend formula, TWDINR is rated as a +50 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 2.6031741 | 2.6110621 | 2.6010642 | 2.6034797 | +0.0003060 |
| Prev. Close | Volume | Bid | Ask | Time |
| 2.6031741 | 2024-12-26 16:37:39 |