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Market Overview
The CHZ/TRY pair closed at 1.921 TRY, down 0.21% from the previous close, continuing a modest downtrend with a 30-day return of -1.13%. The price remains below the 20-day SMA of 1.92955 and the 5-day SMA of 1.9236, indicating short-term bearish momentum. The 200-day moving average is not provided, but the trend and recent price action suggest persistent downward pressure. The RSI is not specified, but the under-chart summary notes weakening buying pressure. Key support is at 1.906 TRY, with resistance near 1.975 TRY. No significant upcoming events are indicated that might alter this trend. For information only.
Last Updated 1/9/26

Sam Bourgi is an analyst, writer and financial market commentator featured in and cited by U.S. Congress, Department of Justice, Chicago Board Options Exchange, Barron's and Forbes. He covers stocks, bonds, mutual funds, ETFs, forex, Bitcoin, cryptocurrency, real estate and macroeconomics. He has written over 25,000 articles and over 40 whitepapers and e-books.