EUR/TRY

- TRY (-)

- Real time data - Forex

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Type:	Forex
Ticker:	EURTRY
ISIN:

EUR/TRY - 1H - Technical analysis published on 05/25/2025 (GMT)

Londinia

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

Summary of the analysis

Trends

Short term: Strongly bullish

Underlying: Strongly bullish

Technical indicators

67%

28%

My opinion

Bullish above 44.1391 TRY

My targets

44.6260 TRY (+0.2539)

45.0430 TRY (+0.6709)

My analysis

The bullish trend is currently very strong on EUR/TRY. As long as the price remains above the support at 44.1391 TRY, you could try to benefit from the boom. The first bullish objective is located at 44.6260 TRY. The bullish momentum would be boosted by a break in this resistance. Buyers would then use the next resistance located at 45.0430 TRY as an objective. Crossing it would then enable buyers to target 45.6915 TRY. 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, the general bullish sentiment is confirmed by technical indicators. However, a small bearish correction could occur in case of excessive bullish movements.

Force

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

EUR/TRY rating 44.3721 TRY. The price registered an increase of +0.37% on the session with the lowest point at 44.3043 TRY and the highest point at 44.3891 TRY. The deviation from the price is +0.15% for the low point and -0.04% for the high point.

44.3043

44.3891

44.3721

Here is a more detailed summary of the historical variations registered by EUR/TRY:

The Central Records scanner for higher/lower results shows the following items:

Near a new HIGH record (5 years)

Type : Bullish

Timeframe : Weekly

Near a new HIGH record (1 year)

Type : Bullish

Timeframe : Weekly

Near a new HIGH record (1st january)

Type : Bullish

Timeframe : Weekly

Near a new LOW record (1 month)

Type : Bearish

Timeframe : Weekly

Technical

Technical analysis of this 1H chart of EUR/TRY indicates that the overall trend is strongly bullish. 92.86% of the signals given by moving averages are bullish. The overall trend is supported by the strong bullish signals from short-term moving averages. The Central Indicators scanner does not detect any result on moving averages that would impact this trend.

In fact, 12 technical indicators on 18 studied are currently bullish. The Central Indicators scanner found no further results concerning independent technical indicators.

The Central Patterns scanner, which studies chart patterns, resistances and supports, has identified this signal:

Support of channel is broken

Type : Bearish

Timeframe : 1 hour

There is also a Japanese candlestick pattern detected by Central Candlesticks that could mark the end of the current short-term trend:

Doji

Type : Neutral

Timeframe : 1 hour

ProTrendLines

Price

	S3	S2	S1	Price	R1
ProTrendLines	43.8162	44.0202	44.1391	44.3721	44.3944
Change (%)	-1.25%	-0.79%	-0.53%	-	+0.05%
Change	-0.5559	-0.3519	-0.2330	-	+0.0223
Level	Intermediate	Intermediate	Intermediate	-	Intermediate

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	43.6579	43.8422	44.0257	44.2100	44.3935	44.5778	44.7613
Camarilla	44.1080	44.1417	44.1754	44.2091	44.2428	44.2765	44.3103
Woodie	43.6574	43.8420	44.0252	44.2098	44.3930	44.5776	44.7608
Fibonacci	43.8422	43.9827	44.0695	44.2100	44.3505	44.4373	44.5778

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	42.4950	42.9120	43.5605	43.9775	44.6260	45.0430	45.6915
Camarilla	43.9161	44.0138	44.1114	44.2091	44.3068	44.4044	44.5021
Woodie	42.6109	42.9699	43.6764	44.0354	44.7419	45.1009	45.8074
Fibonacci	42.9120	43.3190	43.5705	43.9775	44.3845	44.6360	45.0430

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	38.1491	39.4762	41.5557	42.8828	44.9623	46.2894	48.3689
Camarilla	42.6984	43.0107	43.3229	43.6352	43.9475	44.2597	44.5720
Woodie	38.5253	39.6643	41.9319	43.0709	45.3385	46.4775	48.7451
Fibonacci	39.4762	40.7775	41.5815	42.8828	44.1841	44.9881	46.2894

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):	61.42
MACD (12,26,9):	0.0699
Directional Movement:	4.4220
AROON (14):	-7.1428
DEMA (21):	44.3423
Parabolic SAR (0,02-0,02-0,2):	44.1521
Elder Ray (13):	0.0648
Super Trend (3,10):	44.0978
Zig ZAG (10):	44.3682
VORTEX (21):	1.0670
Stochastique (14,3,5):	67.10
TEMA (21):	44.3588
Williams %R (14):	-9.17
Chande Momentum Oscillator (20):	0.0753
Repulse (5,40,3):	-0.0170
ROCnROLL:	1
TRIX (15,9):	0.0245
Courbe Coppock:	0.47

MA7:	43.9318
MA20:	43.6858
MA50:	42.7777
MA100:	40.2825
MAexp7:	44.3159
MAexp20:	44.2483
MAexp50:	44.1231
MAexp100:	43.9701
Price / MA7:	+1.00%
Price / MA20:	+1.57%
Price / MA50:	+3.73%
Price / MA100:	+10.15%
Price / MAexp7:	+0.13%
Price / MAexp20:	+0.28%
Price / MAexp50:	+0.56%
Price / MAexp100:	+0.91%

Quotes : - Real time data - Forex

News

Don't forget to follow the news on EUR/TRY. At the time of publication of this analysis, the latest news was 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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