USD/TRY Down 54 Pips On 4 Hour Chart, Entered Today Up For the 7th Day In A Row; in an Uptrend Over Past 14 Days

USD/TRY 4 Hour Price Update

Updated April 17, 2020 01:14 PM GMT (09:14 AM EST)

USD/TRY is down 54 pips (0.08%) since the previous 4 hours (opening the current 4 hour candle near 6.922), marking the 2nd candle in a row a decline has happened. Compared to its peers in the Forex, USD/TRY gave its buyers a return that ranked 21st in terms of percentage change since the previous 4 hours.

USD/TRY End of Day Recap

Updated 00:30 GMT (04:30 EST)

USD/TRY is up 9 pips (0.01%) since yesterday (opening today near 6.9239), marking the 7th day in a row it has gone up. Compared to its peers in the Forex, USD/TRY gave its buyers a return that ranked 23rd in terms of percentage change since yesterday. The price chart of USD/TRY below illustrates.

USD/TRY Technical Analysis

The clearest trend exists on the 90 day timeframe, which shows price moving up over that time. Or to simplify this another way, note that out of the past 10 days USD/TRY’s price has gone up 8 them.

The View From Around the Web

Not much in terms quality buy/sell signals we’re seeing for USDTRY; just 1 sell signals and 1 buy signals. This imputes a buy/sell ratio of 1, which is neutral. Here’s a piece we found on tradingview.com; below is a short snippet from it to give you a taste.

usdtry is sailing in the sky though…as soon as the price drive below the dark shadow i will sell it – no limit…jack, im mellow!