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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.

FOREX_TWDIDR
Open High Low TWDIDR Price Change
494.49398 495.28094 493.93507 495.07512 +0.58114
Entry Signal

MarketClub’s Trade Triangles for TWDIDR

long term down The long-term trend has been DOWN since Nov 9th, 2020 at 495.28343

intermediate term down The intermediate-term trend has been DOWN since Oct 21st, 2020 at 506.80512

short term down 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).

-100
Smart Scan Analysis for TWDIDR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
494.49398 495.28094 493.93507 495.07512 +0.58114
Prev. Close Volume Bid Ask Time
494.49398 2020-11-27 21:42:37
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