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Forex Trend Analysis Report

Prepared for you on Saturday, October 26, 2024.

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
0.30820 0.30995 0.30795 0.30970 +0.00150
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 up The intermediate-term trend has been UP since Oct 9th, 2024 at 0.30365

short term up The short-term trend has been UP since Oct 1st, 2024 at 0.29775

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
0.30820 0.30995 0.30795 0.30970 +0.00150
Prev. Close Volume Bid Ask Time
0.30820 2024-10-25 17:05:31
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