Forex Trend Analysis Report
Prepared for you on Friday, February 26, 2021.
Turkish Lira/Swedish Krona (FOREX:TRYSEK)
Crossroads (-60) - TRYSEK is struggling to move into a solid trend. Beware of choppy markets 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.
MarketClub’s Trade Triangles for TRYSEK
The long-term trend has been UP since Feb 1st, 2021 at 1.15140
The intermediate-term trend has been DOWN since Feb 25th, 2021 at 1.13705
The short-term trend has been DOWN since Feb 22nd, 2021 at 1.18225
Smart Scan Analysis for TRYSEK
Based on our trend formula, TRYSEK is rated as a -60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).