TRY Short - TRY is in a long term cyclical bear market.
SUMMARY : Short , see further downside to the TRYUSD.
-- Technical --
TRY is in a bear market below the EMAs and Gaussian Channel.
-- Fundamentals --
Excessive debt with in the corporate and government sectors.
Furthermore, Turkey has capital controls in place making it more difficult to transfer funds out of the control.
-- Technical --
TRY is in a bear market below the EMAs and Gaussian Channel.
-- Fundamentals --
Excessive debt with in the corporate and government sectors.
Furthermore, Turkey has capital controls in place making it more difficult to transfer funds out of the control.