Forex Trend Analysis Report
Prepared for you on Monday, August 15, 2022.
Norwegian Krone/Turkish Lira (FOREX:NOKTRY)
Countertrend Up (+85) - NOKTRY is showing short-term weakness. However, look for the longer-term bullish trend to resume. As always, continue to monitor the trend score 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.
MarketClub’s Trade Triangles for NOKTRY
The long-term trend has been UP since Oct 8th, 2021 at 1.0396460
The intermediate-term trend has been UP since Jul 18th, 2022 at 1.7211245
The short-term trend has been DOWN since Aug 15th, 2022 at 1.8672685
Smart Scan Analysis for NOKTRY
Based on our trend formula, NOKTRY is rated as a +85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).