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Forex Trend Analysis Report

Prepared for you on Saturday, July 20, 2024.

Indian Rupee/New Taiwan Dollar (FOREX:INRTWD)

Long-Term Uptrend (+90) - INRTWD is in a strong uptrend that is likely to continue. While INRTWD is showing intraday weakness, it remains in the confines of a bullish trend. Traders should use caution and utilize a stop order.

Is it time to buy, sell, or avoid INRTWD?

MarketClub looks at technical strength and momentum to determine if the timing is right for INRTWD.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

FOREX_INRTWD
Open High Low INRTWD Price Change
0.39157646 0.39216279 0.39102477 0.39168344 +0.00010700
Entry Signal

MarketClub’s Trade Triangles for INRTWD

long term up The long-term trend has been UP since Mar 11th, 2024 at 0.38266811

intermediate term up The intermediate-term trend has been UP since Jun 26th, 2024 at 0.39059528

short term up The short-term trend has been UP since Jul 18th, 2024 at 0.39072651

Smart Scan Analysis for INRTWD

Based on our trend formula, INRTWD is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+90
Smart Scan Analysis for INRTWD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.39157646 0.39216279 0.39102477 0.39168344 +0.00010700
Prev. Close Volume Bid Ask Time
0.39157646 2024-07-19 17:00:01
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