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Market Overview The SLP/TRY pair closed at 0.03711 TRY, reflecting a 0.35% decline from the previous close of 0.03724 TRY, consistent with the ongoing downtrend observed over the past 30 days, which shows a negative return of 2.80%. The price remains below the 20-day SMA of 0.03745, with the 5-day SMA at 0.03704, indicating bearish momentum. The 50-day and 200-day DMAs are not provided, but the RSI suggests continued downward pressure. Nearest support is near 0.03659 TRY, while resistance is around 0.03833 TRY. No significant upcoming events are noted that might alter the current trend. Last Updated 1/15/26. For information only.

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.