Forex Trend Analysis Report
Prepared for you on Sunday, December 10, 2023.
Indian Rupee/New Taiwan Dollar (FOREX:INRTWD)
Weak Downtrend (-65) - INRTWD is showing signs of a strengthening downtrend. Monitor INRTWD as it may be building momentum to the downside.
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.
MarketClub’s Trade Triangles for INRTWD
The long-term trend has been UP since Aug 3rd, 2023 at 0.38439472
The intermediate-term trend has been DOWN since Nov 1st, 2023 at 0.38442452
The short-term trend has been DOWN since Dec 7th, 2023 at 0.37511049
Smart Scan Analysis for INRTWD
Based on our trend formula, INRTWD is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).