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Forex Trend Analysis Report
Prepared for you on Thursday, May 9, 2024.
Turkish Lira/Swedish Krona (FOREX:TRYSEK)
Crossroads (+60) - TRYSEK 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 TRYSEK?
MarketClub looks at technical strength and momentum to determine if the timing is right for TRYSEK.
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 TRYSEK
The long-term trend has been DOWN since Mar 22nd, 2023 at 0.53835
The intermediate-term trend has been UP since Mar 27th, 2024 at 0.32930
The short-term trend has been UP since May 8th, 2024 at 0.33800
Smart Scan Analysis for TRYSEK
Based on our trend formula, TRYSEK is rated as a +60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.33780 | 0.33895 | 0.33770 | 0.33820 | +0.00040 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.33780 | 2024-05-09 03:18:18 |