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Forex Trend Analysis Report
Prepared for you on Friday, April 26, 2024.
New Taiwan Dollar/Indonesian Rupiah (FOREX:TWDIDR)
Countertrend Up (+85) - TWDIDR is showing short-term weakness. However, look for the longer-term bullish trend to resume. As always, continue to monitor the trend score and utilize a stop order.
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.
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MarketClub’s Trade Triangles for TWDIDR
The long-term trend has been UP since Aug 1st, 2023 at 491.46567
The intermediate-term trend has been UP since Mar 31st, 2024 at 498.18219
The short-term trend has been DOWN since Apr 16th, 2024 at 494.57934
Smart Scan Analysis for TWDIDR
Based on our trend formula, TWDIDR is rated as a +85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 497.71406 | 498.66161 | 497.13169 | 498.00678 | +0.29272 |
| Prev. Close | Volume | Bid | Ask | Time |
| 497.71406 | 2024-04-26 04:23:18 |