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USD/TRY

USDTRY
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45.514USD

+0.085+0.19%
View Detailed Chart
Time
1m
15m
30m
1h
4h
D
W
D

Today

+0.19%

5 Days

+0.10%

1 Month

+1.40%

6 Months

+7.46%

Year to Date

+6.26%

1 Year

+17.86%

View Detailed Chart

Key Data Points

Opening Price

45.388

Previous Closing Price

45.430
Price Range of the Day
44.84745.677
52-Week Price Range
38.12045.677

Indicators

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.

1m
5m
15m
30m
1h
2h
4h
D
W
M
1m
5m
15m
D
Buy
Sell(1)
Neutral(0)
Buy(10)
Indicators
Sell(1)
Neutral(0)
Buy(4)
Indicators
Value
Direction
MACD(12,26,9)
0.014
Buy
RSI(14)
79.907
Buy
STOCH(KDJ)(9,3,3)
87.400
Overbought
ATR(14)
0.718
High Vlolatility
CCI(14)
113.416
Buy
Williams %R
13.530
Overbought
TRIX(12,20)
0.067
Sell
StochRSI(14)
100.000
Buy
Moving Average
Sell(0)
Neutral(0)
Buy(6)
Indicators
Value
Direction
MA5
45.445
Buy
MA10
45.353
Buy
MA20
45.192
Buy
MA50
44.758
Buy
MA100
44.127
Buy
MA200
42.964
Buy

USD/TRY Trading Strategy

Intraday
Short Term
The price could retrace.

Trading Strategy

The price could retrace.

Alternative scenario

below 45.7112, expect 45.6770 and 45.6567.

Comment

as long as 45.7112 is support look for 45.8037

Fri, May 22
Source: Trading Central(Reference Only)

USD/TRY News

Turkey Trade Balance above expectations (-8.51B) in April: Actual (-8.5B)

Turkey Trade Balance above expectations (-8.51B) in April: Actual (-8.5B)

FxstreetFri, May 22
Turkey Trade Balance above expectations (-8.51B) in April: Actual (-8.5B)

Turkish Lira drops to record lows after Ankara court annuls 2023 leadership contest

USD/TRY rises after a slight decline in the previous day, reaching a record high of 45.7778 during the Asian hours on Friday. The pair appreciates as the Turkish Lira (TRY) drops due to political uncertainty that emerges after a top court ruling targeting the main opposition party.

FxstreetFri, May 22
USD/TRY rises after a slight decline in the previous day, reaching a record high of 45.7778 during the Asian hours on Friday. The pair appreciates as the Turkish Lira (TRY) drops due to political uncertainty that emerges after a top court ruling targeting the main opposition party.

Turkey Consumer Confidence rose from previous 85.5 to 85.8 in May

Turkey Consumer Confidence rose from previous 85.5 to 85.8 in May

FxstreetMon, May 18
Turkey Consumer Confidence rose from previous 85.5 to 85.8 in May

Turkish Lira: Reserve drain and inflation risks – Commerzbank

Commerzbank’s Tatha Ghose flags a sharp March deterioration in Turkey’s balance of payments, with a near-doubling of the current-account deficit, heavy capital outflows and a record drop in official reserves. The bank argues underlying vulnerabilities predated the Iran conflict.

FxstreetFri, May 15
Commerzbank’s Tatha Ghose flags a sharp March deterioration in Turkey’s balance of payments, with a near-doubling of the current-account deficit, heavy capital outflows and a record drop in official reserves. The bank argues underlying vulnerabilities predated the Iran conflict.

Turkey Current Account Balance came in at $-9.872B below forecasts ($-9.6B) in March

Turkey Current Account Balance came in at $-9.872B below forecasts ($-9.6B) in March

FxstreetWed, May 13
Turkey Current Account Balance came in at $-9.872B below forecasts ($-9.6B) in March

Turkey: Disinflation risks rise with energy shock – ING

ING’s Chief Economist for Turkey, Muhammet Mercan, notes that April inflation rose more than expected, with annual Consumer Price Index (CPI) reaching 32.4%, well above the Central Bank of Turkey’s 16% target.

FxstreetMon, May 4
ING’s Chief Economist for Turkey, Muhammet Mercan, notes that April inflation rose more than expected, with annual Consumer Price Index (CPI) reaching 32.4%, well above the Central Bank of Turkey’s 16% target.

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.

Related Instruments

USD/TRY

45.514
+0.085+0.19%
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