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Forex Trend Analysis Report

Prepared for you on Saturday, May 30, 2020.

Turkish Lira/Swedish Krona (FOREX:TRYSEK)

Weak Downtrend (-65) - TRYSEK is showing signs of a strengthening downtrend. Monitor TRYSEK as it may be building momentum to the downside.

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
1.39440 1.39440 1.37535 1.38170 -0.01270
Entry Signal

MarketClub’s Trade Triangles for TRYSEK

long term down The long-term trend has been DOWN since Aug 25th, 2019 at 1.54065

intermediate term up The intermediate-term trend has been UP since May 26th, 2020 at 1.43705

short term down The short-term trend has been DOWN since May 27th, 2020 at 1.41505

Smart Scan Analysis for TRYSEK

Based on our trend formula, TRYSEK is rated as a -65 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-65
Smart Scan Analysis for TRYSEK
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1.39440 1.39440 1.37535 1.38170 -0.01270
Prev. Close Volume Bid Ask Time
1.39440 1.37380 1.38960 2020-05-29 17:08:24
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