Forex Trend Analysis Report
Prepared for you on Monday, March 30, 2020.
Norwegian Krone/Turkish Lira (FOREX:NOKTRY)
Sidelines Mode (-55) - NOKTRY is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement 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.
MarketClub’s Trade Triangles for NOKTRY
The long-term trend has been DOWN since Mar 12th, 2020 at 0.6224555
The intermediate-term trend has been DOWN since Mar 8th, 2020 at 0.6497590
The short-term trend has been UP since Mar 25th, 2020 at 0.5982820
Smart Scan Analysis for NOKTRY
Based on our trend formula, NOKTRY is rated as a -55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).