TRY/JPY Up 1 Pips in Last 4 Hours, Outperforms All Forex; But Still in a Downtrend Over Past 90 Days

TRY/JPY 4 Hour Price Update

Updated April 07, 2020 01:04 AM GMT (09:04 PM EST)

After 3 down four-hour candles, TRY/JPY snaps its streak, rising 1 pips (0.05%) over the past four-hour candle to close at an exchange rate of 16.1. Compared to its peers in the Forex, TRY/JPY gave its buyers a return that ranked 13th in terms of percentage change since the last 4 hour candle.

TRY/JPY End of Day Recap

Updated 00:30 GMT (04:30 EST)

TRY/JPY entered today at 16.151092439461, up 8 pips (0.52%) from yesterday. For context, observe that yesterday was noteworthy in the sense that TRY/JPY bested all 40 of the assets in the Forex class. The price chart of TRY/JPY below illustrates.

TRY/JPY Technical Analysis

Trend traders will want to observe that the strongest trend appears on the 14 day horizon; over that time period, price has been moving down. For additional context, note that price has gone up 15 out of the past 30 days.