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Forex Trend Analysis Report

Prepared for you on Tuesday, May 21, 2019.

Turkish Lira/Swedish Krona (FOREX:TRYSEK)

Smart Scan Chart Analysis indicates a counter trend rally is underway. It also indicates that the current down trend could be changing and moving into a trading range Sidelines Mode.

The Trade Triangles are generated using a proprietary algorithm that is comprised of weighted factors that include, but are not limited to - price change, percentage change, moving averages, and new highs/lows. The MarketClub trading strategy is based on the triangles, learn more here.

FOREX_TRYSEK
Open High Low TRYSEK Price Change
1.60615 1.60725 1.59150 1.59570 -0.01045
Entry Signal

MarketClub’s Trade Triangles for TRYSEK

long term down The long term trend has been DOWN since Mar 22nd, 2019 at 1.60845

intermediate term down The intermediate term trend has been DOWN since Apr 15th, 2019 at 1.59105

short term up The short term trend has been UP since May 10th, 2019 at 1.58920

Smart Scan Analysis for TRYSEK

Based on a pre-defined weighted trend formula for chart analysis, TRYSEK scored -55 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-55
Smart Scan Analysis for TRYSEK
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1.60615 1.60725 1.59150 1.59570 -0.01045
Prev. Close Volume Bid Ask Time
1.60615 1.59480 1.59660 2019-05-21 14:34:49
Want to analyze Turkish Lira/Swedish Krona TRYSEK or another symbol? Try our Free Forex Trend Analysis Report.