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Forex Trend Analysis Report

Prepared for you on Saturday, December 21, 2024.

Norwegian Krone/Turkish Lira (FOREX:NOKTRY)

Strong Downtrend (-100) - NOKTRY is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, NOKTRY continues to fall. Traders should use caution and set stops.

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
3.0647035 3.1177365 3.0631845 3.1081975 +0.0434940
Entry Signal

MarketClub’s Trade Triangles for NOKTRY

long term down The long-term trend has been DOWN since Dec 19th, 2024 at 3.0676540

intermediate term down The intermediate-term trend has been DOWN since Oct 9th, 2024 at 3.1578960

short term down The short-term trend has been DOWN since Dec 15th, 2024 at 3.1126765

Smart Scan Analysis for NOKTRY

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

-100
Smart Scan Analysis for NOKTRY
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
3.0647035 3.1177365 3.0631845 3.1081975 +0.0434940
Prev. Close Volume Bid Ask Time
3.0647035 2024-12-20 17:04:37
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