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Forex Trend Analysis Report

Prepared for you on Friday, January 21, 2022.

New Taiwan Dollar/Indonesian Rupiah (FOREX:TWDIDR)

Weak Uptrend (+65) - TWDIDR is showing signs of weakening momentum to the upside. Monitor TWDIDR as it may be in the beginning stages of a reversal.

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.

FOREX_TWDIDR
Open High Low TWDIDR Price Change
517.66978 518.06089 516.56168 517.27008 -0.39970
Entry Signal

MarketClub’s Trade Triangles for TWDIDR

long term up The long-term trend has been UP since Dec 1st, 2021 at 520.68115

intermediate term up The intermediate-term trend has been UP since Jan 5th, 2022 at 524.12556

short term down The short-term trend has been DOWN since Jan 20th, 2022 at 518.63354

Smart Scan Analysis for TWDIDR

Based on our trend formula, TWDIDR is rated as a +65 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+65
Smart Scan Analysis for TWDIDR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
517.66978 518.06089 516.56168 517.27008 -0.39970
Prev. Close Volume Bid Ask Time
517.66978 2022-01-21 16:26:30
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