Turkish economy suffers from obvious problems Does Turkish lira rate reflect the situation?

Turkish lira analysis

The last movie we saw in the Turkish lira stabilizing against the US dollar After Turkish lira has already lost nearly 40 percent of its value last year against the dollar, from the last negative record we see recovered, Are we going to get a new era on Turkish lira price or its only halt?

Turkey’s economic problems are structural and the future does not look so promising:
The unemployment rate in Turkey is expected to continue to grow up this year
The inflation rate in Turkey averaged 35.02 percent from 1965 until 2018,
The Interest Rate in Turkey is expected to continue to grow up this year
The balance of Trade in Turkey expected to expand also
The consumer confidence index in Turkey also expected to decrease

To simplify the situation of the Turkish lira here is the story
Last 3 months we saw an audiovisual show of the Turkish Lira mention here not once that Turkish lira located  in 
Turkish lira technical analysis
Turkish lira analysis

Turkish lira technical analysis
Long-term trend forecast moved is still up as long as 4.90+_ will hold!
Break below 5.31 on weekly basis will send the Turkish to 5.18
a weekly close below 4.90- will confirm for more down moves.
Break above 5.76 will send the Turkish again to higher levels – below these levels; you need to watch long-term trends mentions above In terms of behavior
if the top will break up again, is standing on 8.36-8.72- ook again on the charts I found that if this case is the same as 2001 to 4.90 price area is can be shown on the charts
Short-term trend forecast: as long as the Turkish lira will trade below 5.63 the target is located in 5.23+_ price area with an option to went down over 5.18 +_ price than to 4.90
Daily closed above 5.73+_ will confirm that the correction is over!

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This review does not include any document and/or file attached to it as an advice or recommendation to buy/sell securities and/or other advice


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