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.
MarketClub’s Trade Triangles for TRYNOK
The long-term trend has been UP since Mar 12th, 2020 at 1.6065
The intermediate-term trend has been UP since Mar 8th, 2020 at 1.5391
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).