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Forex Trend Analysis Report
Prepared for you on Wednesday, November 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.
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MarketClub’s Trade Triangles for TRYSEK
The long-term trend has been DOWN since Mar 22nd, 2023 at 0.53835
The intermediate-term trend has been UP since Oct 9th, 2024 at 0.30365
The short-term trend has been DOWN since Nov 18th, 2024 at 0.31655
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).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.31695 | 0.31760 | 0.31595 | 0.31745 | +0.00050 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.31695 | 2024-11-20 03:44:44 |