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Forex Trend Analysis Report

Prepared for you on Thursday, May 9, 2024.

Norwegian Krone/Turkish Lira (FOREX:NOKTRY)

Crossroads (-60) - NOKTRY is struggling to move into a solid trend. Beware of choppy markets and consider a sidelines position until a stronger trend is identified.

Is it time to buy, sell, or avoid NOKTRY?

MarketClub looks at technical strength and momentum to determine if the timing is right for NOKTRY.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

FOREX_NOKTRY
Open High Low NOKTRY Price Change
2.9621165 2.9632780 2.9450850 2.9511140 -0.0110030
Entry Signal

MarketClub’s Trade Triangles for NOKTRY

long term up The long-term trend has been UP since May 31st, 2023 at 1.9073715

intermediate term down The intermediate-term trend has been DOWN since Mar 28th, 2024 at 2.9798750

short term down The short-term trend has been DOWN since May 8th, 2024 at 2.9447980

Smart Scan Analysis for NOKTRY

Based on our trend formula, NOKTRY is rated as a -60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-60
Smart Scan Analysis for NOKTRY
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
2.9621165 2.9632780 2.9450850 2.9511140 -0.0110030
Prev. Close Volume Bid Ask Time
2.9621165 2024-05-09 08:31:15
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