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Forex Trend Analysis Report

Prepared for you on Thursday, July 25, 2024.

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
0.32635 0.32900 0.32620 0.32895 +0.00260
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 Jul 23rd, 2024 at 0.32660

short term up The short-term trend has been UP since Jul 19th, 2024 at 0.32175

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
0.32635 0.32900 0.32620 0.32895 +0.00260
Prev. Close Volume Bid Ask Time
0.32635 2024-07-25 05:23:22
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