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Forex Trend Analysis Report

Prepared for you on Saturday, April 13, 2024.

New Taiwan Dollar/Indian Rupee (FOREX:TWDINR)

Strong Downtrend (-100) - TWDINR is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, TWDINR continues to fall. Traders should use caution and set stops.

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
2.5833963 2.5919531 2.5822129 2.5882741 +0.0048780
Entry Signal

MarketClub’s Trade Triangles for TWDINR

long term down The long-term trend has been DOWN since Mar 11th, 2024 at 2.6137901

intermediate term down The intermediate-term trend has been DOWN since Mar 11th, 2024 at 2.6137901

short term down The short-term trend has been DOWN since Apr 10th, 2024 at 2.5905657

Smart Scan Analysis for TWDINR

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

-100
Smart Scan Analysis for TWDINR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
2.5833963 2.5919531 2.5822129 2.5882741 +0.0048780
Prev. Close Volume Bid Ask Time
2.5833963 2024-04-12 17:05:22
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