Forex Trend Analysis Report
Prepared for you on Saturday, May 27, 2023.
Turkish Lira/Swedish Krona (FOREX:TRYSEK)
Bull Market Weakness (+75) - TRYSEK is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on TRYSEK as it may be in the beginning stages of a reversal.
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.
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 May 18th, 2023 at 0.53355
The short-term trend has been UP since May 24th, 2023 at 0.53610
Smart Scan Analysis for TRYSEK
Based on our trend formula, TRYSEK is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).