Current situation of the USD/TRY currency is in despair
When analyzing the current situation of the USD/TRY currency pair, based on the latest data, it can be observed that 1 US dollar equals 26.0174 Turkish Lira. The daily change in the pair is recorded as -0.0096 or -0.0369%. In the past month, the highest value reached was 26.1617 TRY, while the lowest value was 20.1082 TRY.
Considering the evaluation of technical indicators, oscillators indicate a neutral condition. The Average Directional Index (ADI) suggests a certain direction with a value of 48.7381. In short, there is no significant trend in the pair.
Looking at other indicators, moving averages provide a strong "Buy" signal. The Relative Strength Index (RSI) is in the overbought zone with a value of 70.1857, and the stochastic oscillator is at high levels.
Based on technical analysis, it can be said that the indicators giving a "Buy" signal are predominant in the pair. However, in the long run, BIST may be more beneficial, and KKM also appears to be sensible.
Considering the evaluation of technical indicators, oscillators indicate a neutral condition. The Average Directional Index (ADI) suggests a certain direction with a value of 48.7381. In short, there is no significant trend in the pair.
Looking at other indicators, moving averages provide a strong "Buy" signal. The Relative Strength Index (RSI) is in the overbought zone with a value of 70.1857, and the stochastic oscillator is at high levels.
Based on technical analysis, it can be said that the indicators giving a "Buy" signal are predominant in the pair. However, in the long run, BIST may be more beneficial, and KKM also appears to be sensible.