EUR/TRY Up 254 Pips On 4 Hour Chart

EUR/TRY 4 Hour Price Update

Updated April 10, 2020 05:04 AM GMT (01:04 AM EST)

The choppiness in the recent four-hour candle price action of EUR/TRY continues; to start the current 4 hour candle, it came in at a price of 7.3171, up 254 pips (0.35%) since the last 4 hour candle. Out of the 37 instruments in the Forex asset class, EUR/TRY ended up ranking 3rd for the four-hour candle in terms of price change.

EUR/TRY End of Day Recap

Updated 00:30 GMT (04:30 EST)

The back and forth price flow continues for EUR/TRY, which started today off at 7.37317325, up 790 pips 1.08% from the previous day. Relative to other instruments in the Forex asset class, EUR/TRY ranked 2nd the previous day in terms of percentage price change. The price chart of EUR/TRY below illustrates.

EUR/TRY Technical Analysis

Trend traders will want to observe that the strongest trend appears on the 90 day horizon; over that time period, price has been moving up. Or to simplify this another way, note that out of the past 14 days EUR/TRY’s price has gone up 12 them.

The View From Around the Web

Not much in terms quality buy/sell signals we’re seeing for EURTRY; just 2 sell signals and 0 buy signals. This imputes a buy/sell ratio of 0, which is quite bearish. Here’s a piece we found on tradingview.com that we thought you might enjoy.