Forex Trend Analysis Report
Prepared for you on Sunday, September 24, 2023.
Norwegian Krone/Turkish Lira (FOREX:NOKTRY)
Bull Market Weakness (+75) - NOKTRY is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on NOKTRY as it may be in the beginning stages of a reversal.
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 UP since May 31st, 2023 at 1.9073715
The intermediate-term trend has been DOWN since Aug 11th, 2023 at 2.5798225
The short-term trend has been UP since Sep 20th, 2023 at 2.5218620
Smart Scan Analysis for NOKTRY
Based on our trend formula, NOKTRY is rated as a +75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).