
Forex Trend Analysis Report
Prepared for you on Monday, October 2, 2023.
Indonesian Rupiah/New Taiwan Dollar (FOREX:IDRTWD)
Sidelines Mode (+55) - IDRTWD is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.
Is it time to buy, sell, or avoid IDRTWD?
MarketClub looks at technical strength and momentum to determine if the timing is right for IDRTWD.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
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MarketClub’s Trade Triangles for IDRTWD
The long-term trend has been UP since Aug 3rd, 2023 at 0.00217078
The intermediate-term trend has been DOWN since Sep 14th, 2023 at 0.00207602
The short-term trend has been UP since Oct 1st, 2023 at 0.00208333
Smart Scan Analysis for IDRTWD
Based on our trend formula, IDRTWD is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

Open | High | Low | Price | Change |
---|---|---|---|---|
0.00207654 | 0.00208291 | 0.00207209 | 0.00208097 | +0.00000400 |
Prev. Close | Volume | Bid | Ask | Time |
0.00207654 | 2023-10-02 17:45:50 |