Why the changes electric current Changes the polarities of iron rod which acts like a bar magnet and metal ring act as magnet?

When the north pole of the magnet is approaching towards the coil, the magnetic flux linking to the coil increases. According to Faraday’s law of electromagnetic induction, when there is change in flux, an emf and hence current is induced in the coil and this current will create its own magnetic field. Now according to Lenz’s law , this magnetic field created will oppose its own or we can say opposes the increase in flux through the coil and this is possible only if approaching coil side attains north polarity, as we know similar poles repel each other. Once we know the magnetic polarity of the coil side, we can easily determine the direction of the induced current by applying right hand rule. In this case, the current flows in anticlockwise direction.