EUR/TRY Down 2 Pips Over Past Hour, Moves Up For the 3rd Consecutive Day; in an Uptrend Over Past 14 Days

Hourly Update

(Last Updated January 7, 2022 1:40 GMT)

At the time of this writing, EURTRY’s rate is down -2.27 pips (-0.15%) from the hour prior. The hourly chart shows that EURTRY has seen 2 straight down hours. As for the trend on the hourly timeframe, we see the clearest trend on the 100 hour timeframe. The moving averages on the hourly timeframe suggest a choppiness in price, as the are all in a mixed alignment — meaning the trend across timeframes is inconsistent, indicating a potential opportunity for rangebound traders.

EURTRY End of Day Recap

Updated 00:30 GMT (04:30 EST)

EURTRY is up 8 pips (0.53%) since the day prior (opening today near 15.5771562099), marking the 3rd consecutive day an increase has occurred. Compared to its peers in the Forex, EURTRY gave its buyers a return that ranked 9th in terms of percentage change since the day prior. The price chart of EURTRY below illustrates.

EURTRY

EURTRY Technical Analysis

The clearest trend exists on the 14 day timeframe, which shows price moving up over that time. Or to simplify this another way, note that out of the past 10 days EURTRY’s price has gone up 9 them.