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Market Overview
The TLM/TRY pair closed at 0.1296 TRY as of October 31, 2025, reflecting a slight decline of 0.38% from the previous close of 0.1301 TRY. Despite this minor pullback, the pair remains in an uptrend with a 30-day return of 1.65%, supported by a 5-day SMA of 0.13048 TRY above the 20-day SMA of 0.12866 TRY. The 200-day SMA is not provided, but momentum indicators such as RSI and price action confirm bullish conditions. Nearest support is at 0.1236 TRY, with resistance near the recent high of 0.1314 TRY. No significant upcoming events are noted that could immediately impact price action. Technical analysis shows steady momentum with the price consolidating just below the 5-day SMA. For information only.
Last Updated 10/31/25

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.