Indicators
Indicators
Value
Direction
MACD(12,26,9)
-0.019
Neutral
RSI(14)
73.093
Buy
STOCH(KDJ)(9,3,3)
94.268
Overbought
ATR(14)
0.630
High Vlolatility
CCI(14)
173.705
Buy
Williams %R
2.907
Overbought
TRIX(12,20)
0.045
Sell
StochRSI(14)
100.000
Buy
USD/TRY
USDTRY
View Detailed Chart
42.469USD
+0.023+0.06%
Time
1m
15m
30m
1h
4h
D
W
D
Today
+0.06%
5 Days
+0.16%
1 Month
+0.82%
6 Months
+8.76%
Year to Date
+20.80%
1 Year
+22.64%
View Detailed Chart
Key Data Points
Opening Price
42.473Previous Closing Price
42.446Indicators
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
42.389
Buy
MA10
42.377
Buy
MA20
42.305
Buy
MA50
41.986
Buy
MA100
41.419
Buy
MA200
39.953
Buy
USD/TRY Trading Strategy
Intraday
Short Term
Trading Strategy
The price could retrace.
Alternative scenario
below 42.5423, expect 42.5054 and 42.4835.
Comment
as long as 42.5423 is support look for 42.6442
4 hours ago
Source: Trading Central(Reference Only)
USD/TRY News
TRY: Istanbul CPI suggests moderation ahead of national inflation data – Commerzbank
Istanbul’s November CPI fell to 38.3% y/y from 40.8% in October, signaling potential moderation in today’s national CPI figures, with consensus forecasts pointing to a decline in Turkey’s headline inflation from 32.9% to 31.7% y/y. 1.
FxstreetWed, Dec 3
Turkey Consumer Price Index (YoY) came in at 31.07% below forecasts (31.6%) in November
Turkey Consumer Price Index (YoY) came in at 31.07% below forecasts (31.6%) in November
FxstreetWed, Dec 3
Turkey Consumer Price Index (MoM) registered at 0.87%, below expectations (1.25%) in November
Turkey Consumer Price Index (MoM) registered at 0.87%, below expectations (1.25%) in November
FxstreetWed, Dec 3
Turkey Trade Balance fell from previous -6.9B to -7.58B in October
Turkey Trade Balance fell from previous -6.9B to -7.58B in October
FxstreetThu, Nov 27
Turkey Economic Confidence Index: 99.5 (October) vs 98.2
Turkey Economic Confidence Index: 99.5 (October) vs 98.2
FxstreetThu, Nov 27
Turkey Consumer Confidence up to 85 in November from previous 83.6
Turkey Consumer Confidence up to 85 in November from previous 83.6
FxstreetThu, Nov 20
More Details of USD/TRY
USDTRY refers to the exchange rate between the US Dollar (USD) and the Turkish Lira (TRY). This currency pair is significant for understanding the economic relationship between the United States and Turkey, a key emerging market. The value of USDTRY is influenced by various factors, including economic indicators, inflation rates, interest rate policies, and geopolitical developments. Due to Turkey's unique economic challenges and its position as a bridge between Europe and Asia, USDTRY often experiences volatility, making it a focal point for traders and investors seeking to capitalize on price movements in the forex market.
What is the significance of Turkey's position as an emerging market?
As an emerging market, Turkey offers investment opportunities but also presents risks such as economic instability and fluctuating currency values. This dynamic makes USDTRY an important pair for investors looking to diversify their portfolios.
How does inflation impact USDTRY?
High inflation in Turkey can erode the value of the TRY against the USD. When inflation rates rise, the central bank may need to increase interest rates to stabilize the currency, affecting the USDTRY exchange rate.
What role do geopolitical events play in USDTRY fluctuations?
Geopolitical tensions, such as conflicts in the region or changes in international relations, can create uncertainty and lead to increased volatility in USDTRY. Traders often react to news related to Turkey's political landscape.
