Forex Trend Analysis Report
Prepared for you on Friday, November 27, 2020.
New Taiwan Dollar/Indonesian Rupiah (FOREX:TWDIDR)
Strong Downtrend (-100) - TWDIDR is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, SHORTSYMBOL continues to fall. Traders should use caution and set stops.
Is it time to buy, sell, or avoid TWDIDR?
MarketClub looks at technical strength and momentum to determine if the timing is right for TWDIDR.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for TWDIDR
The long-term trend has been DOWN since Nov 9th, 2020 at 495.28343
The intermediate-term trend has been DOWN since Oct 21st, 2020 at 506.80512
The short-term trend has been DOWN since Nov 26th, 2020 at 494.64886
Smart Scan Analysis for TWDIDR
Based on our trend formula, TWDIDR is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).