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Forex Trend Analysis Report

Prepared for you on Saturday, October 26, 2024.

Indonesian Rupiah/New Taiwan Dollar (FOREX:IDRTWD)

Weak Downtrend (-65) - IDRTWD is showing signs of a strengthening downtrend. Monitor IDRTWD as it may be building momentum to the downside.

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.

FOREX_IDRTWD
Open High Low IDRTWD Price Change
0.00204934 0.00208385 0.00203705 0.00204377 -0.00000600
Entry Signal

MarketClub’s Trade Triangles for IDRTWD

long term up The long-term trend has been UP since Jul 22nd, 2024 at 0.00205893

intermediate term down The intermediate-term trend has been DOWN since Sep 27th, 2024 at 0.00205361

short term down The short-term trend has been DOWN since Oct 25th, 2024 at 0.00204288

Smart Scan Analysis for IDRTWD

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

-70
Smart Scan Analysis for IDRTWD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.00204934 0.00208385 0.00203705 0.00204377 -0.00000600
Prev. Close Volume Bid Ask Time
0.00204934 2024-10-25 17:06:22
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