Answer:
Anticlockwise direction
Step-by-step explanation:
According to Lenz law, the induced current acts in a direction that opposes the change of flux producing it.
The loop is horizontal, and the magnetic flux is acting upward from the horizontal plane. This means that a Noth pole induced magnet has to be produced to counter this effect.
Anticlockwise flow of induced current produces a Noth seeking magnet while the reverse is true for a clockwise flow.