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Forex Trend Analysis Report

Prepared for you on Saturday, September 21, 2019.

Indonesian Rupiah/New Taiwan Dollar (FOREX:IDRTWD)

Smart Scan Chart Analysis shows the current downward trend is at a crossroads and has possibly ended. Look for choppy trading action in the nearterm Very Weak Downtrend with very tight stops.

The Trade Triangles are generated using a proprietary algorithm that is comprised of weighted factors that include, but are not limited to - price change, percentage change, moving averages, and new highs/lows. The MarketClub trading strategy is based on the triangles, learn more here.

FOREX_IDRTWD
Open High Low IDRTWD Price Change
0.220855 0.220855 0.220855 0.220855 0.000000
Entry Signal

MarketClub’s Trade Triangles for IDRTWD

long term up The long term trend has been UP since May 31st, 2019 at 0.221520

intermediate term down The intermediate term trend has been DOWN since Sep 18th, 2019 at 0.219630

short term down The short term trend has been DOWN since Sep 11th, 2019 at 0.221455

Smart Scan Analysis for IDRTWD

Based on a pre-defined weighted trend formula for chart analysis, IDRTWD scored -60 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-60
Smart Scan Analysis for IDRTWD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.220855 0.220855 0.220855 0.220855 0.000000
Prev. Close Volume Bid Ask Time
0.220855 0.214390 0.227320 2019-09-21 11:32:05
Want to analyze Indonesian Rupiah/New Taiwan Dollar IDRTWD or another symbol? Try our Free Forex Trend Analysis Report.