Is Erdogan’s Gambit Destabilizing Turkey’s Future?Erdogan’s administration continues to engage in high-stakes geopolitical maneuvers by maintaining direct and indirect ties with groups designated as terrorist organizations. His government’s strategic alliances, notably with Hayat Tahrir al-Sham (HTS), serve immediate military and political goals in
About U.S. Dollar / Turkish Lira
The US Dollar vs. the new Turkish Lira. A new version of the Turkish Lira was established in 2005 after the value of the old Lira fell to drastically low levels. The Turkish economy relies on the foreign cash looking for short term profits making the Lira subject to severe depreciation. Political conditions and EU economic issues have delayed Turkey's effort to join the Euro-Zone.
Turkish Lira Sell-Off: Erdogan’s Rival DetainedThe Turkish Lira faced a sharp sell-off, dropping as much as 12% before recovering slightly to a 4.5% decline. The trigger? The detention of Istanbul’s mayor, Ekrem İmamoğlu, a key rival to President Erdogan. Investors have long been wary of Erdogan’s economic policies, especially with inflation soa
Can Turkey's Lira Dance with the Dollar?Turkey stands at a pivotal moment in its economic journey, navigating through the complexities of fiscal management and monetary policy to stabilize the Turkish Lira against the US Dollar. The nation has embarked on a strategic pivot towards domestic funding, significantly increasing the issuance of
What’s Flowing: USDTRYThe USDTRY pair maintains its upward momentum on the 4-hour Heikin Ashi chart, as the price steadily climbs toward resistance at 35.00. The chart illustrates consistent bullish candles supported by a rising trendline and minor pullbacks finding support around 34.50.
Key support zones include 34.50
When Do Breaking ATMs Signal More Than Just Technical Failure?In a fascinating twist of economic irony, Turkey's banking system faces a crisis not from a shortage of money, but from an overwhelming abundance of near-worthless banknotes. This peculiar situation, where ATMs physically break down from dispensing too many low-value bills, serves as a powerful meta
USDTRY Approaching the top of the Channel Up.The USDTRY pair has been trading within a 6-month Channel Up and the price is now very close to the pattern's top (Higher Highs trend-line). Technically this is were a rejection should take place to reset the market at the pattern's bottom (Higher Lows trend-line), below the 1D MA50 (blue trend-line
Shift in Carry Trades: Hedge Funds Embrace USDTRYA Shift in Carry Trades: Hedge Funds Embrace the US Dollar
The once-dominant Japanese yen has historically been the preferred currency for carry trade strategies, where investors borrow low-interest-rate currencies to invest in higher-yielding ones. However, a significant shift is underway, as hedg
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Summarizing what the indicators are suggesting.
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Displays a symbol's price movements over previous years to identify recurring trends.
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Frequently Asked Questions
The current rate of USDTRY is 38.14470 TRY — it has increased by 0.29% in the past 24 hours. See more of USDTRY rate dynamics on the detailed chart.
The value of the USDTRY pair is quoted as 1 USD per x TRY. For example, if the pair is trading at 1.50, it means it takes 1.5 TRY to buy 1 USD.
The term volatility describes the risk related to the changes in an asset's value. USDTRY has the volatility rating of 0.18%. Track all currencies' changes with our live Forex Heatmap and prepare for markets volatility.
The USDTRY showed a 0.61% rise over the past week, the month change is a 4.13% rise, and over the last year it has increased by 17.42%. Track live rate changes on the USDTRY chart.
Learn how you can make money on rate changes in numerous trading ideas created by our community.
Learn how you can make money on rate changes in numerous trading ideas created by our community.
Currencies are usually traded through forex brokers — choose the one that suits your needs and go ahead. You can trade USDTRY right from TradingView charts — just log in to you broker account. Check out the list of our integrated brokers and find the best one for your needs and strategy.
When deciding to buy or sell currency one should keep in mind many factors including current geopolitical situation, interest rates, and other. But before plunging into a deep research, you can start with USDTRY technical analysis. The technical rating for the pair is strong buy today, but don't forget that markets can be very unstable, so don't stop here. According to our 1 week rating the USDTRY shows the buy signal, and 1 month rating is buy. See more of USDTRY technicals for a more comprehensive analysis.