Free Daily Analysis
Forex Trend Analysis Report
Prepared for you on Wednesday, February 5, 2025.
New Taiwan Dollar/Indonesian Rupiah (FOREX:TWDIDR)
Strong Uptrend (+100) - TWDIDR is in a strong uptrend that is likely to continue. With short-term, intermediate, and long-term bullish momentum, TWDIDR continues to climb. Traders should protect gains and look for a change in score to suggest a slow down in momentum.
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 UP since Dec 18th, 2024 at 498.54789
The intermediate-term trend has been UP since Feb 2nd, 2025 at 508.45055
The short-term trend has been UP since Jan 29th, 2025 at 495.35528
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).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 496.29618 | 497.81420 | 495.88311 | 497.19035 | +0.89417 |
| Prev. Close | Volume | Bid | Ask | Time |
| 496.29618 | 2025-02-05 06:58:36 |