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Forex Trend Analysis Report
Prepared for you on Thursday, December 26, 2024.
Turkish Lira/Norwegian Krone (FOREX:TRYNOK)
Countertrend Up (+85) - TRYNOK is showing short-term weakness. However, look for the longer-term bullish trend to resume. As always, continue to monitor the trend score and utilize a stop order.
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 UP since Dec 19th, 2024 at 0.32610
The intermediate-term trend has been UP since Oct 9th, 2024 at 0.31670
The short-term trend has been DOWN since Dec 23rd, 2024 at 0.32075
Smart Scan Analysis for TRYNOK
Based on our trend formula, TRYNOK is rated as a +85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.32175 | 0.32350 | 0.32150 | 0.32290 | +0.00115 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.32175 | 2024-12-26 05:15:59 |