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Forex Trend Analysis Report

Prepared for you on Sunday, June 16, 2024.

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.

FOREX_TWDINR
Open High Low TWDINR Price Change
2.5789717 2.5843350 2.5777053 2.5822614 +0.0032900
Entry Signal

MarketClub’s Trade Triangles for TWDINR

long term down The long-term trend has been DOWN since Mar 11th, 2024 at 2.6137901

intermediate term up The intermediate-term trend has been UP since May 15th, 2024 at 2.5954519

short term up The short-term trend has been UP since Jun 12th, 2024 at 2.5863423

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).

+60
Smart Scan Analysis for TWDINR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
2.5789717 2.5843350 2.5777053 2.5822614 +0.0032900
Prev. Close Volume Bid Ask Time
2.5789717 2024-06-14 17:02:14
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