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Forex Trend Analysis Report
Prepared for you on Friday, May 9, 2025.
Turkish Lira/Norwegian Krone (FOREX:TRYNOK)
Countertrend Down (-85) - TRYNOK is showing short-term strength. However, look for the longer-term bearish trend to resume. As always, continue to monitor the trend score and set stops.
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 Feb 4th, 2025 at 0.31295
The intermediate-term trend has been DOWN since Jan 6th, 2025 at 0.31825
The short-term trend has been UP since May 7th, 2025 at 0.27165
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 |
|---|---|---|---|---|
| 0.26945 | 0.27000 | 0.26780 | 0.26810 | -0.00135 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.26945 | 2025-05-09 06:04:19 |