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Forex Trend Analysis Report

Prepared for you on Monday, December 9, 2019.

Norwegian Krone/Turkish Lira (FOREX:NOKTRY)

Smart Scan Chart Analysis shows the current uptrend is at a crossroads and has possibly ended. Look for choppy trading action in the nearterm Very Weak Uptrend with very tight stops.

The Trade Triangles are generated using a proprietary algorithm that is comprised of weighted factors that include, but are not limited to - price change, percentage change, moving averages, and new highs/lows. The MarketClub trading strategy is based on the triangles, learn more here.

FOREX_NOKTRY
Open High Low NOKTRY Price Change
0.6335260 0.6361915 0.6327820 0.6349965 +0.0014700
Entry Signal

MarketClub’s Trade Triangles for NOKTRY

long term down The long term trend has been DOWN since Jul 30th, 2019 at 0.6333200

intermediate term up The intermediate term trend has been UP since Nov 18th, 2019 at 0.6333475

short term up The short term trend has been UP since Dec 3rd, 2019 at 0.6291590

Smart Scan Analysis for NOKTRY

Based on a pre-defined weighted trend formula for chart analysis, NOKTRY scored +60 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

+60
Smart Scan Analysis for NOKTRY
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.6335260 0.6361915 0.6327820 0.6349965 +0.0014700
Prev. Close Volume Bid Ask Time
0.6335260 0.6346480 0.6353450 2019-12-09 13:33:58
Want to analyze Norwegian Krone/Turkish Lira NOKTRY or another symbol? Try our Free Forex Trend Analysis Report.