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Forex Trend Analysis Report

Prepared for you on Thursday, March 28, 2024.

Turkish Lira/Norwegian Krone (FOREX:TRYNOK)

Bull Market Weakness (+75) - TRYNOK is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on 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
0.33395 0.33585 0.33355 0.33540 +0.00145
Entry Signal

MarketClub’s Trade Triangles for TRYNOK

long term down The long-term trend has been DOWN since May 31st, 2023 at 0.5243

intermediate term up The intermediate-term trend has been UP since Mar 28th, 2024 at 0.3356

short term up The short-term trend has been UP since Mar 28th, 2024 at 0.3354

Smart Scan Analysis for TRYNOK

Based on our trend formula, TRYNOK is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+70
Smart Scan Analysis for TRYNOK
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.33395 0.33585 0.33355 0.33540 +0.00145
Prev. Close Volume Bid Ask Time
0.33395 2024-03-28 13:06:41
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