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.
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MarketClub’s Trade Triangles for TRYNOK
The long-term trend has been DOWN since May 31st, 2023 at 0.5243
The intermediate-term trend has been UP since Mar 28th, 2024 at 0.3356
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).
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 |