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Market Overview
The NEO/TRY pair closed at 209.5 TRY, down 0.52% from the previous close of 210.6 TRY, continuing a downtrend with a 30-day return of -1.37%. The price remains below the 20-day SMA of 213.4 TRY, 50-day SMA near 213.5 TRY, and 200-day SMA around 213.1 TRY, confirming bearish momentum. The RSI is not explicitly provided but the under-chart summary indicates weakening buying interest. Nearest support is at 208 TRY, with resistance near 217 TRY. No specific upcoming events are noted, though network upgrades and Turkish economic data may influence price action. For information only.
Last Updated 11/21/25

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.