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Forex Trend Analysis Report

Prepared for you on Tuesday, June 2, 2020.

Turkish Lira/Swedish Krona (FOREX:TRYSEK)

Strong Downtrend (-100) - TRYSEK is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, SHORTSYMBOL continues to fall. Traders should use caution and set stops.

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.

FOREX_TRYSEK
Open High Low TRYSEK Price Change
1.37555 1.37855 1.37275 1.37390 -0.00165
Entry Signal

MarketClub’s Trade Triangles for TRYSEK

long term down The long-term trend has been DOWN since Aug 25th, 2019 at 1.54065

intermediate term down The intermediate-term trend has been DOWN since Jun 1st, 2020 at 1.37490

short term down The short-term trend has been DOWN since May 27th, 2020 at 1.41505

Smart Scan Analysis for TRYSEK

Based on our trend formula, TRYSEK is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-100
Smart Scan Analysis for TRYSEK
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1.37555 1.37855 1.37275 1.37390 -0.00165
Prev. Close Volume Bid Ask Time
1.37555 1.37320 1.37460 2020-06-02 05:04:35
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