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Forex Trend Analysis Report

Prepared for you on Saturday, April 20, 2024.

Turkish Lira/Swedish Krona (FOREX:TRYSEK)

Sidelines Mode (+55) - TRYSEK is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement 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.

FOREX_TRYSEK
Open High Low TRYSEK Price Change
0.33510 0.33825 0.33405 0.33585 +0.00075
Entry Signal

MarketClub’s Trade Triangles for TRYSEK

long term down The long-term trend has been DOWN since Mar 22nd, 2023 at 0.53835

intermediate term up The intermediate-term trend has been UP since Mar 27th, 2024 at 0.32930

short term down The short-term trend has been DOWN since Apr 18th, 2024 at 0.33415

Smart Scan Analysis for TRYSEK

Based on our trend formula, TRYSEK is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+55
Smart Scan Analysis for TRYSEK
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.33510 0.33825 0.33405 0.33585 +0.00075
Prev. Close Volume Bid Ask Time
0.33510 2024-04-19 17:02:33
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