Indicators
Indicators
Value
Direction
MACD(12,26,9)
0.114
Buy
RSI(14)
69.509
Neutral
STOCH(KDJ)(9,3,3)
76.552
Neutral
ATR(14)
0.564
Low Volatility
CCI(14)
159.191
Buy
Williams %R
16.137
Overbought
TRIX(12,20)
0.147
Sell
StochRSI(14)
68.471
Neutral
EUR/TRY
EURTRYMarket is Closed
View Detailed Chart
45.4795TRY
-0.1555-0.34%
Time
1m
15m
30m
1h
4h
D
W
Please select
Today
-0.34%
5 Days
+1.15%
1 Month
+4.63%
6 Months
+24.41%
Year to Date
+24.99%
1 Year
+30.25%
View Detailed Chart
Key Data Points
Opening Price
45.6419Previous Closing Price
45.635Indicators
The Indicators feature provides value and direction analysis for various instruments under a selection of technical indicators, together with a technical summary.
This feature includes nine of the commonly used technical indicators: MACD, RSI, KDJ, StochRSI, ATR, CCI, WR, TRIX and MA. You may also adjust the timeframe depending on your needs.
Please note that technical analysis is only part of investment reference, and there is no absolute standard for using numerical values to assess direction. The results are for reference only, and we are not responsible for the accuracy of the indicator calculations and summaries.
Buy
Moving Average
Indicators
Value
Direction
MA5
45.106
Buy
MA10
44.899
Buy
MA20
44.480
Buy
MA50
43.734
Buy
MA100
41.360
Buy
MA200
39.162
Buy
EUR/TRY Trading Strategy
Intraday
Short Term
Trading Strategy
The MACD must break above its zero level to trigger further gains.
Alternative scenario
below 45.3788, expect 45.1959 and 45.0871.
Comment
Rebound
Fri, Jun 13
Source: Trading Central(Reference Only)
EUR/TRY News
TRY: CBT continues cutting cycle while interest in FX continues unabated – ING
The central bank of Turkey will cut rates again by 250bp to 42.50% today, in line with market expectations.
FxstreetThu, Mar 6
TRY: Lower-than-expected inflation after the start of the cutting cycle – ING
December inflation in Turkey surprised to the downside with a drop from 47.1% to 44.4% YoY, below market expectations, ING’s FX analyst Frantisek Taborsky notes.
FxstreetFri, Jan 3
TRY: Unexpectedly dovish – Commerzbank
The Turkish central bank (CBT) held rates unchanged yesterday, as had been unanimously expected, but turned somewhat dovish in its language, contrary to our expectation.
FxstreetFri, Nov 22
TRY: No rate change today – Commerzbank
Turkey’s central bank (CBT) is scheduled to meet today for a rate decision: it is unanimously expected that the central bank will leave its key rate unchanged at 50%, Commerzbank’s FX analyst Tatha Ghose notes.
FxstreetThu, Nov 21
TRY: Last step before first rate cut – ING
The Central Bank of Turkey (CBT) is expected to leave rates unchanged at 50% today.
FxstreetThu, Nov 21
TRY: Capital flows quieten down as current-account improves – Commerzbank
The Turkish lira exchange rate has mildly depreciated against the US dollar in recent days, but not noticeably so.
FxstreetWed, Nov 13
More Details of EUR/TRY
The EUR/TRY currency pair represents the exchange rate between the Euro (EUR) and the Turkish Lira (TRY). This pair is significant due to the contrasting economic conditions and stability between the Eurozone and Turkey. The Euro is one of the world's major currencies, reflecting the economic strength of its member nations. In contrast, the Turkish Lira has experienced significant volatility due to political, economic, and inflationary pressures in Turkey. Understanding the dynamics of this pair is essential for traders looking to capitalize on fluctuations driven by economic indicators, geopolitical events, and monetary policy changes.
How does Turkey’s economic performance impact EUR/TRY?
Strong economic performance in Turkey, reflected in GDP growth and improved trade balances, can strengthen the Lira against the Euro. Conversely, economic downturns can lead to depreciation.
Is EUR/TRY a volatile currency pair?
Yes, EUR/TRY is often considered volatile due to Turkey's economic conditions, high inflation, and political uncertainties, leading to significant price swings that traders can capitalize on.
How do inflation rates in Turkey affect EUR/TRY?
High inflation in Turkey often leads to depreciation of the Lira, making the Euro more expensive in terms of TRY. Traders closely monitor inflation data to anticipate potential currency movements.
