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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.

FOREX_TRYSEK
Open High Low TRYSEK Price Change
0.53775 0.54205 0.53130 0.54165 +0.00390
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 May 18th, 2023 at 0.53355

short term up 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).

+70
Smart Scan Analysis for TRYSEK
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.53775 0.54205 0.53130 0.54165 +0.00390
Prev. Close Volume Bid Ask Time
0.53775 2023-05-26 17:07:23
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