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Forex Trend Analysis Report
Prepared for you on Thursday, March 23, 2023.
New Taiwan Dollar/Indian Rupee (FOREX:TWDINR)
Sidelines Mode (-55) - TWDINR is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement 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.
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MarketClub’s Trade Triangles for TWDINR
The long-term trend has been DOWN since Mar 16th, 2023 at 2.5914420
The intermediate-term trend has been DOWN since Mar 16th, 2023 at 2.5914420
The short-term trend has been UP since Mar 21st, 2023 at 2.7106616
Smart Scan Analysis for TWDINR
Based on our trend formula, TWDINR is rated as a -55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 2.7151767 | 2.7279743 | 2.7070464 | 2.7102939 | -0.0048830 |
| Prev. Close | Volume | Bid | Ask | Time |
| 2.7151767 | 2023-03-23 19:07:07 |