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Forex Trend Analysis Report

Prepared for you on Monday, January 20, 2025.

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, TRYSEK 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
0.31340 0.31385 0.30995 0.31025 -0.00315
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 down The intermediate-term trend has been DOWN since Jan 20th, 2025 at 0.31055

short term down The short-term trend has been DOWN since Jan 15th, 2025 at 0.31470

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
0.31340 0.31385 0.30995 0.31025 -0.00315
Prev. Close Volume Bid Ask Time
0.31340 2025-01-20 09:41:19
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