USD/TRY
USD TRY
- TRY (-)
- Real time data - Forex
Open: -
Change: -
Volume: -
Low: -
High: -
High / Low range: -
Type: Forex
Ticker: USDTRY
ISIN:

USD/TRY - 1H - Technical analysis published on 03/23/2025 (GMT)

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  • Timeframe : 1H
  • - Analysis generated on
  • Status : LEVEL MAINTAINED

Summary of the analysis

Trends
Short term: Bullish
Underlying: Bullish
Technical indicators
33%
22%
44%
My opinion
Bullish above 37.8240 TRY
My targets
38.5123 TRY (+0.5359)
40.4330 TRY (+2.4566)
My analysis
All elements being rather bullish, it would be possible for traders to only trade long positions (at the time of purchase) on USD/TRY as long as the price remains well above 37.8240 TRY. The buyers' bullish objective is set at 38.5123 TRY. A bullish break in this resistance would boost the bullish momentum. The buyers could then target the resistance located at 40.4330 TRY. If there is any crossing, the next objective would be the resistance located at 41.0859 TRY. Be careful, the short term currently seems to be losing momentum. Its reversal would lead to mitigation of the, bullish, basic trend. If you have another key point closer to the current price, it would be better to only trade long positions (at the time of purchase) above that key point.

In the very short term, the general bullish sentiment is not called into question, despite technical indicators being indecisive.
Force
0
10
3.9

Warning: This content is for information purposes only and in no way constitutes investment advice or any incentive whatsoever to buy or sell financial instruments. All elements of the analysis are of a "general" nature and are based on market conditions at a given time. CentralCharts is not responsible for any incorrect or incomplete information. Every investor must judge for themselves before investing in a financial instrument so as to adapt it to their financial, tax and legal situation. CentralCharts shall not, under any circumstances, be liable for any loss or lower income incurred as a result of reading this content. Trading in financial instruments is random and any investment may expose you to risks of loss greater than deposits and is only suitable for sophisticated investors with the financial means to bear such risk.

This analysis was given by Londinia. Take part yourself by sharing additional analysis on another time unit:
15 min. Daily Weekly

Additional analysis

Quotes

The USD/TRY rating is 37.9764 TRY. On the day, this instrument gained +0.31% and was between 37.9437 TRY and 37.9930 TRY. This implies that the price is at +0.09% from its lowest and at -0.04% from its highest.

37.9437
37.9930
37.9764

The Central Gaps scanner detects a bearish opening marking the presence of sellers ahead of buyers at the opening but not sufficiently marked to allow the price to register a quotation gap.

Central Gaps

Bearish opening

Type : Bearish

Timeframe : Openning



A study of price movements over other periods shows the following variations:
The Central Records scanner for higher/lower results shows the following items:

Central Records

New HIGH record (5 years)

Type : Bullish

Timeframe : Weekly


Near a new LOW record (1 month)

Type : Bearish

Timeframe : Weekly



Technical


Technical analysis of this 1H chart of USD/TRY indicates that the overall trend is bullish. 75.00% of the signals given by moving averages are bullish. The overall trend seems to be showing some signs of weakness, as do the tentative bullish signals given by short-term moving averages. An assessment of moving averages reveals a bullish signal that could impact this trend:

Central Indicators

Bullish trend reversal : adaptative moving average 50

Type : Bullish

Timeframe : 1 hour



In fact, of the 18 technical indicators analysed by Central Analyzer, 6 are bullish, 8 are neutral and 4 are bearish. Other results related to technical indicators were also found by the Central Indicators scanner:

Central Indicators

Pivot points : price is over resistance 3 (Daily)

Type : Neutral

Timeframe : Weekly


Price is back over the pivot point (Daily)

Type : Bullish

Timeframe : 1 hour


Pivot points : price is over resistance 3 (Weekly)

Type : Neutral

Timeframe : 1 hour


Pivot points : price is over resistance 3 (Monthly)

Type : Neutral

Timeframe : 1 hour



The Central Patterns scanner, which studies chart patterns, resistances and supports, has identified these signals:

Central Patterns

Near horizontal support

Type : Bullish

Timeframe : 1 hour


Support of channel is broken

Type : Bearish

Timeframe : 1 hour



The Central Candlesticks scanner which studies Japanese candlesticks did not detect anything.


ProTrendLines
S3
S2
S1
R1
R2
Price


S3S2S1PriceR1R2
ProTrendLines 35.6205 36.5471 37.5361 37.9764 38.0096 41.0859
Change (%) -6.20% -3.76% -1.16% - +0.09% +8.19%
Change -2.3559 -1.4293 -0.4403 - +0.0332 +3.1095
Level Minor Major Minor - Intermediate Minor



To determine price objectives, it is also possible to use the pivot points. Here is the price position in relation to pivot points:

Daily
Pivot points S3 S2 S1 PP R1 R2 R3
Standard36.855837.254837.557137.956138.258438.657438.9597
Camarilla37.666537.730837.795137.859437.923737.988038.0523
Woodie36.807537.230637.508837.931938.210138.633238.9114
Fibonacci37.254837.522737.688237.956138.224038.389538.6574


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard31.444434.018035.938738.512340.433043.006644.9273
Camarilla36.623537.035537.447437.859438.271438.683439.0953
Woodie31.118033.854835.612338.349140.106642.843444.6009
Fibonacci34.018035.734836.795538.512340.229141.289843.0066


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard34.968635.360835.920436.312636.872237.264437.8240
Camarilla36.218336.305536.392836.480036.567336.654536.7418
Woodie35.052335.402736.004136.354536.955937.306337.9077
Fibonacci35.360835.724435.949036.312636.676236.900837.2644

Numerical data


The following is the status of the technical indicators and moving averages at the time of publication of this technical analysis:

Technical indicators
Moving averages

RSI (14): 45.48
MACD (12,26,9): -0.0330
Directional Movement: 6.3924
AROON (14): -14.2857
DEMA (21): 37.8699
Parabolic SAR (0,02-0,02-0,2): 38.2013
Elder Ray (13): -0.0160
Super Trend (3,10): 38.0918
Zig ZAG (10): 37.8594
VORTEX (21): 0.9173
Stochastique (14,3,5): 24.68
TEMA (21): 37.8031
Williams %R (14): -70.68
Chande Momentum Oscillator (20): -0.1446
Repulse (5,40,3): 0.0902
ROCnROLL: -1
TRIX (15,9): -0.0056
Courbe Coppock: 0.83
MA7: 37.2133
MA20: 36.7506
MA50: 36.2317
MA100: 35.5218
MAexp7: 37.8445
MAexp20: 37.9006
MAexp50: 37.8413
MAexp100: 37.5917
Price / MA7: +2.05%
Price / MA20: +3.34%
Price / MA50: +4.82%
Price / MA100: +6.91%
Price / MAexp7: +0.35%
Price / MAexp20: +0.20%
Price / MAexp50: +0.36%
Price / MAexp100: +1.02%

Quotes : - Real time data - Forex

News


The latest news and videos published on USD/TRY at the time of the analysis were as follows:

This member declared not having a position on this financial instrument or a related financial instrument.

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