TRY/JPY Up 1 Pips in Last 4 Hours, Tops All Forex; But Still in a Downtrend Over Past 14 Days

TRY/JPY 4 Hour Price Update

Updated April 07, 2020 09:26 AM GMT (05:26 AM EST)

TRY/JPY, which opened the current 4 hour candle priced near 16.1, is up 1 pips 0.05% since the previous 4 hours, marking a reversal from the candle prior — and the end of a 3 four-hour candle negative run. Relative to other instruments in the Forex asset class, TRY/JPY ranked 21st the previous 4 hours in terms of percentage price change.

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. TRY/JPY outperformed all 40 assets in the Forex asset class yesterday. Let’s take a look at price chart of TRY/JPY.

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.