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Market Overview
RVN/TRY closed at 0.3626 TRY, down 0.74% from the previous close of 0.3653 TRY, continuing its downtrend over the past 30 days with a decline of 4.75%. The pair remains below its 20-day SMA of 0.3739 and 5-day SMA of 0.3647, indicating sustained bearish momentum. The 20/50/200-DMA values are 0.3739/–/– (only 20-day SMA provided), with an RSI suggesting weakening buying pressure. Nearest support is at 0.362 TRY, while resistance is near 0.382 TRY. No significant upcoming events are noted, but macroeconomic factors affecting the Turkish Lira may influence price action. For information only.
Last Updated 11/20/25

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.