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Forex Trend Analysis Report

Prepared for you on Friday, August 19, 2022.

New Taiwan Dollar/Indian Rupee (FOREX:TWDINR)

Weak Uptrend (+65) - TWDINR is showing signs of weakening momentum to the upside. Monitor TWDINR as it may be in the beginning stages 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.

FOREX_TWDINR
Open High Low TWDINR Price Change
2.6550197 2.6647320 2.6518118 2.6539643 -0.0010550
Entry Signal

MarketClub’s Trade Triangles for TWDINR

long term up The long-term trend has been UP since Jun 2nd, 2022 at 2.7777160

intermediate term down The intermediate-term trend has been DOWN since Jul 29th, 2022 at 2.6467030

short term up The short-term trend has been UP since Aug 18th, 2022 at 2.6589438

Smart Scan Analysis for TWDINR

Based on our trend formula, TWDINR is rated as a +65 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+65
Smart Scan Analysis for TWDINR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
2.6550197 2.6647320 2.6518118 2.6539643 -0.0010550
Prev. Close Volume Bid Ask Time
2.6550197 2022-08-19 16:46:38
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