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Forex Trend Analysis Report

Prepared for you on Friday, February 26, 2021.

New Taiwan Dollar/Indian Rupee (FOREX:TWDINR)

Long-Term Uptrend (+90) - TWDINR is in a strong uptrend that is likely to continue. While TWDINR is showing intraday weakness, it remains in the confines of a bullish trend. Traders should use caution and utilize a stop order.

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.

FOREX_TWDINR
Open High Low TWDINR Price Change
2.6266413 2.6601419 2.6210241 2.6459431 +0.0193020
Entry Signal

MarketClub’s Trade Triangles for TWDINR

long term up The long-term trend has been UP since Oct 8th, 2020 at 2.5838027

intermediate term up The intermediate-term trend has been UP since Feb 25th, 2021 at 2.6236544

short term up The short-term trend has been UP since Feb 23rd, 2021 at 2.6132169

Smart Scan Analysis for TWDINR

Based on our trend formula, TWDINR is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+90
Smart Scan Analysis for TWDINR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
2.6266413 2.6601419 2.6210241 2.6459431 +0.0193020
Prev. Close Volume Bid Ask Time
2.6266413 2021-02-26 14:33:32
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