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Forex Trend Analysis Report

Prepared for you on Monday, October 25, 2021.

New Taiwan Dollar/Indian Rupee (FOREX:TWDINR)

Long-Term Uptrend (+90) - TWDINR is in a strong uptrend that is likely to continue. While TWDINR is showing intraday weakness, it remains in the confines of a bullish trend. Traders should use caution and utilize a stop order.

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
2.6877326 2.6953311 2.6876471 2.6908039 +0.0030710
Entry Signal

MarketClub’s Trade Triangles for TWDINR

long term up The long-term trend has been UP since Apr 19th, 2021 at 2.6624787

intermediate term up The intermediate-term trend has been UP since Sep 13th, 2021 at 2.6693592

short term up The short-term trend has been UP since Oct 24th, 2021 at 2.7000349

Smart Scan Analysis for TWDINR

Based on our trend formula, TWDINR is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+90
Smart Scan Analysis for TWDINR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
2.6877326 2.6953311 2.6876471 2.6908039 +0.0030710
Prev. Close Volume Bid Ask Time
2.6877326 2021-10-25 16:32:26
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