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Forex Trend Analysis Report

Prepared for you on Friday, September 17, 2021.

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.

FOREX_TWDIDR
Open High Low TWDIDR Price Change
513.62299 514.01245 512.26070 513.73218 +0.10919
Entry Signal

MarketClub’s Trade Triangles for TWDIDR

long term up The long-term trend has been UP since Feb 16th, 2021 at 512.53266

intermediate term up The intermediate-term trend has been UP since Sep 2nd, 2021 at 519.95359

short term up The short-term trend has been UP since Sep 2nd, 2021 at 517.92344

Smart Scan Analysis for TWDIDR

Based on our trend formula, TWDIDR is rated as a +80 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+80
Smart Scan Analysis for TWDIDR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
513.62299 514.01245 512.26070 513.73218 +0.10919
Prev. Close Volume Bid Ask Time
513.62299 2021-09-17 06:48:46
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