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Forex Trend Analysis Report
Prepared for you on Wednesday, February 5, 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.
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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 DOWN since Jan 20th, 2025 at 0.31055
The short-term trend has been DOWN since Feb 4th, 2025 at 0.30720
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).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.30510 | 0.30540 | 0.30285 | 0.30305 | -0.00205 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.30510 | 2025-02-05 05:55:53 |