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Forex Trend Analysis Report
Prepared for you on Thursday, December 26, 2024.
Indonesian Rupiah/New Taiwan Dollar (FOREX:IDRTWD)
Sidelines Mode (+50) - IDRTWD is failing to move into a strong trend and is encountering choppy trading conditions. Be cautious and consider taking a sidelines position until IDRTWD can gain momentum.
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 DOWN since Dec 18th, 2024 at 0.00200479
The intermediate-term trend has been UP since Dec 25th, 2024 at 0.00205659
The short-term trend has been UP since Dec 22nd, 2024 at 0.00202147
Smart Scan Analysis for IDRTWD
Based on our trend formula, IDRTWD is rated as a +50 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.00202276 | 0.00202321 | 0.00201730 | 0.00202243 | 0.00000000 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.00202276 | 2024-12-26 06:33:29 |