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Forex Trend Analysis Report

Prepared for you on Sunday, June 24, 2018.

Turkish Lira/Swedish Krona (FOREX:TRYSEK)

Smart Scan Chart Analysis confirms that a short term counter trend move is underway. When this action is over look for the longer term negative trend to resume. Downtrend with money management stops.

The Trade Triangles are generated using a proprietary algorithm that is comprised of weighted factors that include, but are not limited to - price change, percentage change, moving averages, and new highs/lows. The MarketClub trading strategy is based on the triangles, learn more here.

FOREX_TRYSEK
Open High Low TRYSEK Price Change
1.87240 1.90140 1.86955 1.89300 +0.02060
Entry Signal

MarketClub’s Trade Triangles for TRYSEK

long term down The long term trend has been DOWN since Nov 16th, 2016 at 2.76440

intermediate term down The intermediate term trend has been DOWN since May 8th, 2018 at 2.03960

short term up The short term trend has been UP since Jun 18th, 2018 at 1.87855

Smart Scan Analysis for TRYSEK

Based on a pre-defined weighted trend formula for chart analysis, TRYSEK scored -85 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-85
Smart Scan Analysis for TRYSEK
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1.87240 1.90140 1.86955 1.89300 +0.02060
Prev. Close Volume Bid Ask Time
1.87240 1.89100 1.89500 2018-06-22 18:02:01
Want to analyze Turkish Lira/Swedish Krona TRYSEK or another symbol? Try our Free Forex Trend Analysis Report.