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Forex Trend Analysis Report

Prepared for you on Saturday, April 4, 2020.

Turkish Lira/Norwegian Krone (FOREX:TRYNOK)

Weak Uptrend (+65) - TRYNOK is showing signs of weakening momentum to the upside. Monitor TRYNOK as it may be in the beginning stages of a reversal.

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

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

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

FOREX_TRYNOK
Open High Low TRYNOK Price Change
1.5713 1.5811 1.5492 1.5758 +0.0045
Entry Signal

MarketClub’s Trade Triangles for TRYNOK

long term up The long-term trend has been UP since Mar 12th, 2020 at 1.6065

intermediate term up The intermediate-term trend has been UP since Mar 8th, 2020 at 1.5391

short term down The short-term trend has been DOWN since Mar 25th, 2020 at 1.6714

Smart Scan Analysis for TRYNOK

Based on our trend formula, TRYNOK is rated as a +65 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+65
Smart Scan Analysis for TRYNOK
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1.5713 1.5811 1.5492 1.5758 +0.0045
Prev. Close Volume Bid Ask Time
1.5713 1.5710 1.5806 2020-04-03 17:10:21
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