Forex Trend Analysis Report
Prepared for you on Tuesday, January 25, 2022.
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.
MarketClub’s Trade Triangles for INRTWD
The long-term trend has been UP since Jan 4th, 2022 at 0.37701615
The intermediate-term trend has been DOWN since Jan 18th, 2022 at 0.36807553
The short-term trend has been UP since Jan 20th, 2022 at 0.37189638
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).