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Forex Trend Analysis Report

Prepared for you on Thursday, May 23, 2024.

Norwegian Krone/Turkish Lira (FOREX:NOKTRY)

Long-Term Uptrend (+90) - NOKTRY is in a strong uptrend that is likely to continue. While NOKTRY is showing intraday weakness, it remains in the confines of a bullish trend. Traders should use caution and utilize a stop order.

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
3.0106190 3.0384055 3.0046310 3.0230415 +0.0124230
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 up The intermediate-term trend has been UP since May 15th, 2024 at 2.9939415

short term up The short-term trend has been UP since May 23rd, 2024 at 3.0355930

Smart Scan Analysis for NOKTRY

Based on our trend formula, NOKTRY is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+90
Smart Scan Analysis for NOKTRY
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
3.0106190 3.0384055 3.0046310 3.0230415 +0.0124230
Prev. Close Volume Bid Ask Time
3.0106190 2024-05-23 12:11:33
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