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Market Overview
The CAD/TRY pair closed at 30.42407, slightly below the previous close of 30.43464, continuing its downtrend with a minor change of -0.03%. Over the past 30 days, the pair has declined by approximately 0.11%, trading within a narrow range between 30.38655 and 30.47218. The current technical setup shows the 20-day moving average at 30.43017, the 50-day at 30.43 (approximate), and the 200-day near 30.45, with the RSI indicating weakening momentum. Nearest support is around 30.40, while resistance lies near 30.45. No major economic events are scheduled imminently, but ongoing geopolitical and economic factors in Turkey and Canada may influence price action. 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.