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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.

FOREX_INRTWD
Open High Low INRTWD Price Change
0.37130669 0.37132907 0.37037804 0.37073234 -0.00057400
Entry Signal

MarketClub’s Trade Triangles for INRTWD

long term up The long-term trend has been UP since Jan 4th, 2022 at 0.37701615

intermediate term down The intermediate-term trend has been DOWN since Jan 18th, 2022 at 0.36807553

short term up 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).

-55
Smart Scan Analysis for INRTWD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.37130669 0.37132907 0.37037804 0.37073234 -0.00057400
Prev. Close Volume Bid Ask Time
0.37130669 2022-01-25 08:12:45
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