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Market Overview
The JPY/TRY pair closed at 0.27383 on January 19, 2026, slightly down by 0.05% from the previous close of 0.27397, continuing its downtrend over the past 30 days with a decline of 0.11%. The pair remains below the 20-day SMA of 0.27395, with the 5-day SMA at 0.27389 and the 50-day and 200-day SMAs not specified. The RSI indicates mild bearish momentum. Key support is near 0.2730, while resistance is around 0.2750. No major economic events are scheduled imminently to alter this trend. Technical indicators confirm a cautious outlook with potential for further modest declines. For information only.
Last Updated 1/29/26

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.