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Forex Trend Analysis Report

Prepared for you on Friday, January 28, 2022.

Indonesian Rupiah/New Taiwan Dollar (FOREX:IDRTWD)

Weak Uptrend (+65) - IDRTWD is showing signs of weakening momentum to the upside. Monitor IDRTWD as it may be in the beginning stages of a reversal.

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
0.00193781 0.00193834 0.00193348 0.00193582 -0.00000200
Entry Signal

MarketClub’s Trade Triangles for IDRTWD

long term up The long-term trend has been UP since Jan 4th, 2022 at 0.00198846

intermediate term down The intermediate-term trend has been DOWN since Jan 4th, 2022 at 0.00192375

short term up The short-term trend has been UP since Jan 20th, 2022 at 0.00192815

Smart Scan Analysis for IDRTWD

Based on our trend formula, IDRTWD is rated as a +65 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+65
Smart Scan Analysis for IDRTWD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.00193781 0.00193834 0.00193348 0.00193582 -0.00000200
Prev. Close Volume Bid Ask Time
0.00193781 2022-01-28 03:59:03
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