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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.

FOREX_TRYSEK
Open High Low TRYSEK Price Change
0.90195 0.90575 0.88795 0.89335 -0.00860
Entry Signal

MarketClub’s Trade Triangles for TRYSEK

long term down The long-term trend has been DOWN since Oct 12th, 2021 at 0.9708

intermediate term down The intermediate-term trend has been DOWN since Sep 16th, 2021 at 1.0130

short term down 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).

-100
Smart Scan Analysis for TRYSEK
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.90195 0.90575 0.88795 0.89335 -0.00860
Prev. Close Volume Bid Ask Time
0.90195 2021-10-22 06:06:59
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