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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.

FOREX_TRYSEK
Open High Low TRYSEK Price Change
1.12055 1.13735 1.11215 1.13530 +0.01475
Entry Signal

MarketClub’s Trade Triangles for TRYSEK

long term up The long-term trend has been UP since Feb 1st, 2021 at 1.15140

intermediate term down The intermediate-term trend has been DOWN since Feb 25th, 2021 at 1.13705

short term down 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).

-60
Smart Scan Analysis for TRYSEK
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1.12055 1.13735 1.11215 1.13530 +0.01475
Prev. Close Volume Bid Ask Time
1.12055 2021-02-26 05:19:53
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