Forex Trend Analysis Report
Prepared for you on Friday, October 22, 2021.
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.
MarketClub’s Trade Triangles for TRYSEK
The long-term trend has been DOWN since Oct 12th, 2021 at 0.9708
The intermediate-term trend has been DOWN since Sep 16th, 2021 at 1.0130
The short-term trend has been DOWN since Oct 8th, 2021 at 0.9823
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).