Will Penis Glans Dryness, Wrinkling And Redness Return To Normal?

I had mild balanitis, doctor prescibed travocort cream and anti-fungal tablets. The tablets made the itching vanish, and my doctor says the balanitis is gone. However the redness still persists and when my penis glans is dry, it becomes wrinkled and seems to have lost its elasticity. I was using travocort for 10 days, is this just a side affect and will it eventually return to normal?