EUR/TRY

- TRY (-)

- Real time data - Forex

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Change:	-
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Type:	Forex
Ticker:	EURTRY
ISIN:

EUR/TRY - 1H - Technical analysis published on 04/18/2025 (GMT)

Londinia

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Timeframe : 1H
- Analysis generated on
Status : TARGET REACHED

Summary of the analysis

Trends

Short term: Strongly bullish

Underlying: Strongly bullish

Technical indicators

89%

My opinion

Bullish above 42.9139 TRY

My targets

43.6708 TRY (+0.2115)

My analysis

The bullish trend is currently very strong on EUR/TRY. As long as the price remains above the support at 42.9139 TRY, you could try to benefit from the boom. The first bullish objective is located at 43.6708 TRY. The bullish momentum would be boosted by a break in this resistance. Be careful, given the powerful bullish rally underway, excesses could lead to a possible correction in the short term. If this is the case, remember that trading against the trend may be riskier. It would seem more appropriate to wait for a signal indicating reversal of the trend.

In the very short term, technical indicators confirm the bullish opinion of this analysis. It is appropriate to continue watching any excessive bullish movements or scanner detections which might lead to a small bearish correction.

Force

8.4

Comment on the analysis

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:

Additional analysis

Quotes

The EUR/TRY price is 43.4593 TRY. The price has increased by +0.43% since the last closing with the lowest point at 43.2606 TRY and the highest point at 43.4755 TRY. The deviation from the price is +0.46% for the low point and -0.04% for the high point.

43.2606

43.4755

43.4593

So that you have an overall view of the price change, here is a table showing the variations over several periods:

Technical

Technical analysis of EUR/TRY in 1H shows a strongly overall bullish trend. The signals given by the moving averages are 89.29% bullish. This strong bullish trend is confirmed by the strong signals currently being given by short-term moving averages. There is no crossing of moving average by the price or crossing of moving averages between themselves.

In fact, according to the parameters integrated into the Central Analyzer system, 16 technical indicators out of 18 analysed are currently bullish. Caution: the Central Indicators scanner currently detects an excess:

CCI indicator: bearish divergence

Type : Bearish

Timeframe : 1 hour

Central Indicators, the detector scanner for these technical indicators recently detected a signal:

Pivot points : price is over resistance 1 (Daily)

Type : Neutral

Timeframe : 1 hour

Central Patterns, the market scanner focusing on chart patterns, resistances and supports found these results:

Near horizontal resistance

Type : Bearish

Timeframe : 1 hour

Resistance of channel is broken

Type : Bullish

Timeframe : 1 hour

The Central Candlesticks scanner, specialised in Japanese candlesticks, did not identify any signals.

ProTrendLines

Price

	S3	S2	S1	Price	R1
ProTrendLines	42.1696	42.9139	43.4223	43.4593	43.6708
Change (%)	-2.97%	-1.25%	-0.09%	-	+0.49%
Change	-1.2897	-0.5454	-0.0370	-	+0.2115
Level	Minor	Major	Intermediate	-	Minor

Pivot points can also be used to set your price objectives. Here is the price situation in relation to pivot points:

Daily

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	42.7825	42.9643	43.1194	43.3012	43.4563	43.6381	43.7932
Camarilla	43.1818	43.2126	43.2435	43.2744	43.3053	43.3362	43.3671
Woodie	42.7691	42.9576	43.1060	43.2945	43.4429	43.6314	43.7798
Fibonacci	42.9643	43.0930	43.1725	43.3012	43.4299	43.5094	43.6381

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	39.3719	40.3258	41.7631	42.7170	44.1543	45.1082	46.5455
Camarilla	42.5429	42.7621	42.9813	43.2005	43.4197	43.6389	43.8581
Woodie	39.6137	40.4467	42.0049	42.8379	44.3961	45.2291	46.7873
Fibonacci	40.3258	41.2392	41.8035	42.7170	43.6304	44.1947	45.1082

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	30.9096	34.4053	37.7308	41.2265	44.5520	48.0477	51.3732
Camarilla	39.1804	39.8057	40.4309	41.0562	41.6815	42.3068	42.9320
Woodie	30.8244	34.3628	37.6456	41.1840	44.4668	48.0052	51.2880
Fibonacci	34.4053	37.0110	38.6208	41.2265	43.8322	45.4420	48.0477

Numerical data

The following are the details of the technical indicators and moving averages that were collected to generate this technical analysis:

Technical indicators

Moving averages

RSI (14):	65.01
MACD (12,26,9):	0.0310
Directional Movement:	13.7878
AROON (14):	100.0000
DEMA (21):	43.3751
Parabolic SAR (0,02-0,02-0,2):	43.3116
Elder Ray (13):	0.0760
Super Trend (3,10):	43.2639
Zig ZAG (10):	43.4558
VORTEX (21):	1.1548
Stochastique (14,3,5):	95.86
TEMA (21):	43.4039
Williams %R (14):	-2.44
Chande Momentum Oscillator (20):	0.1827
Repulse (5,40,3):	0.0956
ROCnROLL:	1
TRIX (15,9):	0.0022
Courbe Coppock:	0.77

MA7:	43.2199
MA20:	41.9678
MA50:	40.1153
MA100:	38.4447
MAexp7:	43.4122
MAexp20:	43.3567
MAexp50:	43.3054
MAexp100:	43.1737
Price / MA7:	+0.55%
Price / MA20:	+3.55%
Price / MA50:	+8.34%
Price / MA100:	+13.04%
Price / MAexp7:	+0.11%
Price / MAexp20:	+0.24%
Price / MAexp50:	+0.36%
Price / MAexp100:	+0.66%

Quotes : - Real time data - Forex

News

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

Weekly Technical Analysis: 15/05/2023 - EURUSD, EURTRY, USDJPY

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

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Londinia AI

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