Languages

website utilities


Follow us:
+1 (646) 48 000 22 (New York, USA)

Trend Hunter performance since 2015 for this symbol

You are not logged in, you need subscription to view up-to-date forecasts, please Login if you have already subscribed, otherwise please Subscribe
You can still continue browsing delayed forecasts on the sidebar list.
Weekly forecast US Dollar vs. Turkish Lira technical chart
Symbol USDTRY

Download MT4 template file

Trading suggestion:

There is possibility of temporary retracement to suggested Trend Hunter Buy Zone (5.6290 to 5.5690). We wait during the retracement, until the price tests the zone, whether approaching, touching or entering the zone.

We would set buy orders based on Daily-Trading-Opportunities and expect to reach short-term targets.

  • Beginning of entry zone (5.6290)
    • Support on 08/16/2018
    • Support on 10/22/2018
    • Resistance on 10/26/2018
    • Resistance on 10/31/2018
    • Resistance on 11/01/2018
    • Resistance on 01/03/2019
    • Resistance on 03/28/2019
    • Resistance on 03/29/2019
    • Resistance on 04/01/2019
    • Resistance on 04/02/2019
    • Resistance on 04/03/2019
    • Resistance on 04/04/2019
    • Resistance on 04/05/2019
    • Support on 07/01/2019
    • Support on 07/02/2019
    • Resistance on 07/04/2019
    • Resistance on 07/05/2019
    • Support on 07/22/2019
    • Support on 07/26/2019
    • Resistance on 07/30/2019
    • Resistance on 07/31/2019
    • Resistance on 08/01/2019
    • Resistance on 08/05/2019
    • Resistance on 08/13/2019
    • Resistance on 08/14/2019
    • Support on 08/20/2019
    • Support on 09/30/2019
    • Support on 10/01/2019
  • Ending of entry zone (5.5690)
    • Support on 10/17/2018
    • Support on 10/18/2018
    • Support on 10/26/2018
    • Resistance on 10/30/2018
    • Resistance on 01/03/2019
    • Resistance on 03/26/2019
    • Resistance on 04/01/2019
    • Support on 08/01/2019
    • Resistance on 08/06/2019
    • Resistance on 08/12/2019
    • Resistance on 08/13/2019
    • Support on 08/19/2019

DateSat, 11/09/2019 - 18:18
Currentrange bound
Forecastbeginning of uptrend
Last weekBullish

Midterm forecast:

  • While the price is above the support 5.1265, beginning of uptrend is expected.
  • We make sure when the resistance at 6.2445 breaks.
  • If the support at 5.1265 is broken, the short-term forecast -beginning of uptrend- will be invalid.

Technical analysis:

  • While the RSI support #1 at 29 is not broken, the probability of price decrease would be too low.
  • A peak is formed in daily chart at 5.9369 on 10/21/2019, so more losses to support(s) 5.6885, 5.6290, 5.5690 and minimum to Major Support (5.1265) is expected.
  • Price is below WEMA21, if price rises more, this line can act as dynamic resistance against more gains.
  • Relative strength index (RSI) is 50.

Take Profits:

  1. 5.6885
  2. 5.7700
  3. 5.8540
  4. 5.9185
  5. 6.0665
  6. 6.2445
  7. 6.4820
  8. 6.7200
  9. 7.1200
Click on the level to view price action history.

Symbol Released Current Forecast
US Dollar vs. Turkish Lira (USDTRY) new Sat, 7 Dec 2019
US Dollar vs. Turkish Lira (USDTRY) free Sat, 30 Nov 2019
US Dollar vs. Turkish Lira (USDTRY) Sat, 23 Nov 2019
US Dollar vs. Turkish Lira (USDTRY) Sat, 16 Nov 2019
US Dollar vs. Turkish Lira (USDTRY) Sat, 9 Nov 2019