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Market Overview
The ENJ/TRY pair closed at 1.264 on December 1, 2025, reflecting a modest increase of 0.32% from the previous close of 1.26, amid an overall 30-day decline of approximately 15.80%. The current uptrend is supported by the 20-day SMA at 1.240, 50-day SMA near 1.254, and 200-day SMA levels consistent with a positive momentum. The RSI indicates moderate strength, while key support is identified around 1.22 and resistance near 1.279. No significant upcoming events are currently noted, but ongoing Turkish economic data releases and crypto market trends may influence price action. Technical indicators suggest cautious optimism in the near term. For information only.
Last Updated 12/4/25

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.