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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.

FOREX_TWDINR
Open High Low TWDINR Price Change
2.6944116 2.7048604 2.6923562 2.6979144 +0.0035030
Entry Signal

MarketClub’s Trade Triangles for TWDINR

long term down The long-term trend has been DOWN since Jan 4th, 2022 at 2.6523651

intermediate term up The intermediate-term trend has been UP since Jan 18th, 2022 at 2.7161927

short term up 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).

+60
Smart Scan Analysis for TWDINR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
2.6944116 2.7048604 2.6923562 2.6979144 +0.0035030
Prev. Close Volume Bid Ask Time
2.6944116 2022-01-26 12:32:09
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