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Forex Trend Analysis Report

Prepared for you on Tuesday, November 24, 2020.

New Taiwan Dollar/Indian Rupee (FOREX:TWDINR)

Bull Market Weakness (+75) - TWDINR is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on 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
2.5937775 2.6127038 2.5904324 2.5950031 +0.0012260
Entry Signal

MarketClub’s Trade Triangles for TWDINR

long term up The long-term trend has been UP since Oct 8th, 2020 at 2.5838027

intermediate term up The intermediate-term trend has been UP since Sep 29th, 2020 at 2.5575222

short term up The short-term trend has been UP since Nov 23rd, 2020 at 2.6083591

Smart Scan Analysis for TWDINR

Based on our trend formula, TWDINR is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+70
Smart Scan Analysis for TWDINR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
2.5937775 2.6127038 2.5904324 2.5950031 +0.0012260
Prev. Close Volume Bid Ask Time
2.5937775 2020-11-24 21:26:14
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