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Forex Trend Analysis Report

Prepared for you on Saturday, October 20, 2018.

Turkish Lira/Swedish Krona (FOREX:TRYSEK)

Smart Scan Chart Analysis shows the current uptrend is at a crossroads and has possibly ended. Look for choppy trading action in the nearterm Very Weak Uptrend with very tight 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
1.60080 1.61025 1.58085 1.58675 -0.01405
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 up The intermediate term trend has been UP since Oct 1st, 2018 at 1.49040

short term up The short term trend has been UP since Oct 9th, 2018 at 1.48915

Smart Scan Analysis for TRYSEK

Based on a pre-defined weighted trend formula for chart analysis, TRYSEK scored +60 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

+60
Smart Scan Analysis for TRYSEK
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1.60080 1.61025 1.58085 1.58675 -0.01405
Prev. Close Volume Bid Ask Time
1.60080 1.58470 1.58880 2018-10-19 18:32:40
Want to analyze Turkish Lira/Swedish Krona TRYSEK or another symbol? Try our Free Forex Trend Analysis Report.