Forex Trend Analysis Report
Prepared for you on Wednesday, January 26, 2022.
New Taiwan Dollar/Indian Rupee (FOREX:TWDINR)
Crossroads (+60) - TWDINR is struggling to move into a solid trend. Beware of choppy markets and consider a sidelines position until a stronger trend is identified.
Is it time to buy, sell, or avoid TWDINR?
MarketClub looks at technical strength and momentum to determine if the timing is right for TWDINR.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for TWDINR
The long-term trend has been DOWN since Jan 4th, 2022 at 2.6523651
The intermediate-term trend has been UP since Jan 18th, 2022 at 2.7161927
The short-term trend has been UP since Jan 25th, 2022 at 2.7022172
Smart Scan Analysis for TWDINR
Based on our trend formula, TWDINR is rated as a +60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).