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Forex Trend Analysis Report
Prepared for you on Thursday, December 26, 2024.
Indian Rupee/New Taiwan Dollar (FOREX:INRTWD)
Sidelines Mode (-55) - INRTWD is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.
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.
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MarketClub’s Trade Triangles for INRTWD
The long-term trend has been DOWN since Aug 8th, 2024 at 0.38296168
The intermediate-term trend has been DOWN since Dec 5th, 2024 at 0.38115876
The short-term trend has been UP since Dec 25th, 2024 at 0.38481836
Smart Scan Analysis for INRTWD
Based on our trend formula, INRTWD is rated as a -55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.38414642 | 0.38420221 | 0.38364696 | 0.38407338 | -0.00007300 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.38414642 | 2024-12-26 07:01:50 |