Forex Trend Analysis Report
Prepared for you on Saturday, July 4, 2020.
Indian Rupee/New Taiwan Dollar (FOREX:INRTWD)
Bear Market Rally (-75) - INRTWD is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on INRTWD as it may be in the beginning of a reversal.
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 DOWN since Aug 15th, 2019 at 0.44123500
The intermediate-term trend has been DOWN since May 18th, 2020 at 0.39343397
The short-term trend has been UP since Jul 2nd, 2020 at 0.39140909
Smart Scan Analysis for INRTWD
Based on our trend formula, INRTWD is rated as a -75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).