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Turkish-lira

USDTRY TECHNICAL ANALYSIS 23092021How to Calculate Andrews' Pitchfork Andrews' Pitchfork can be easily applied to price charts without a specialized drawing tool. Point 1: starting point of uptrend or downtrend. Points 2 and 3: reaction high and reaction low in the uptrend or downtrend. Point 1 = starting point of median trend line. Distance between Points 2 and 3 = channel width. Draw and extend a trend line from Point 1 through the midpoint of Points 2 and 3. Draw and extend trend lines from Points 2 and 3 parallel with the median trend line. Change Pitchfork slope by changing Point 1. from investopedia NO INVESTMENT ADVICE...
Short
by volkancetin
5
EUR/TRY: Shake It Up, Şekerim! 💃💃💃It’s 2007, you are sitting at home watching the Eurovision Song Contest and this dude from Turkey, Kenan Doğulu, completely rocks the show with his song “Shake It Up, Şekerim (my sugar)”! Fast forward 14 years, a lot of shaking is happening in the Turkish Lira against which the Euro gained massively recently. As it stands right now, we expect the Euro to hit prices of 10₺ and above. Only condition for this scenario to realize is that we do not fall below 8.3344₺. However, with the current surge, we are more than well-positioned to attack the 10₺ mark. Happy trading!
Long
by MarketIntel
Turkish Lira Showing Signs Of StrengthI posted a monthly chart for the Dollar a few months back that showed the Dollar will continue to lose value in the future. This will obviously not happen overnight, but I expect over the course of 2021 the dollar will continue to it downtrend. Looking at the Turkish Lira monthly chart, we see bullish divergence, and several indicators showing strength. If you look into the emerging currencies market vs. the Doallr you will see the same exact picture. DO NOT be fooled, the Dollar will lose value this will impact the US economy on a global scale.
Long
by CryptoSyphn
1