Forex Trend Analysis Report
Prepared for you on Tuesday, September 26, 2023.
New Taiwan Dollar/Indian Rupee (FOREX:TWDINR)
Weak Downtrend (-65) - TWDINR is showing signs of a strengthening downtrend. Monitor TWDINR as it may be building momentum to the downside.
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.
MarketClub’s Trade Triangles for TWDINR
The long-term trend has been DOWN since Aug 1st, 2023 at 2.6068204
The intermediate-term trend has been UP since Sep 18th, 2023 at 2.6162477
The short-term trend has been DOWN since Sep 19th, 2023 at 2.5962209
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).