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Forex Trend Analysis Report
Prepared for you on Thursday, April 25, 2024.
New Taiwan Dollar/Indian Rupee (FOREX:TWDINR)
Long-Term Downtrend (-90) - TWDINR is in a strong downtrend that is likely to continue. While TWDINR is showing intraday strength, it remains in the confines of a bearish trend. Traders should use caution and set stops.
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.
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MarketClub’s Trade Triangles for TWDINR
The long-term trend has been DOWN since Mar 11th, 2024 at 2.6137901
The intermediate-term trend has been DOWN since Mar 11th, 2024 at 2.6137901
The short-term trend has been DOWN since Apr 19th, 2024 at 2.5647222
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).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 2.5581523 | 2.5612376 | 2.5523914 | 2.5585465 | +0.0003940 |
| Prev. Close | Volume | Bid | Ask | Time |
| 2.5581523 | 2024-04-25 23:05:32 |