Eur/try Currency Pair Forecast

Buy or Hold candidate since Jun 08, 2026 Loss -0.18%

The EUR/TRY currency pair price fell by -0.543% on the last day (Monday, 22nd Jun 2026) from TRY 53.41 to TRY 53.12. During the last trading day the currency pair fluctuated 5.10% from a day low at TRY 51.91 to a day high of TRY 54.56. The price has risen in 5 of the last 10 days and is up by 0.13% over the past 2 weeks. Volume has increased on the last day by 61 thousand shares but on falling prices. This may be an early warning and the risk will be increased slightly over the next couple of days. In total, 61 thousand shares were bought and sold for approximately TRY 3.22 million.

The currency pair lies in the lower part of a narrow and weak rising trend in the short term, and this may normally pose a very good buying opportunity. If the lower trend floor at TRY 52.91 is broken, it will firstly indicate a slower rate of rising, but may also be an early warning for a trend shift. Given the current short-term trend, the currency pair is expected to rise 4.04% during the next 3 months and, with a 90% probability hold a price between TRY 55.05 and TRY 56.22 at the end of this 3-month period.

EURTRY Signals & Forecast

There are few to no technical positive signals at the moment. The EUR/TRY currency pair holds sell signals from both short and long-term Moving Averages giving a more negative forecast for the currency pair. On corrections up, there will be some resistance from the lines at TRY 53.51 and TRY 53.29. A break-up above any of these levels will issue buy signals. A sell signal was issued from a pivot top point on Tuesday, June 16, 2026, and so far it has fallen -1.50%. Further fall is indicated until a new bottom pivot has been found. Furthermore, there is currently a sell signal from the 3 month Moving Average Convergence Divergence (MACD). Volume rose on falling prices yesterday. This may be an early warning and the currency pair should be followed more closely.

Support, Risk & Stop-loss for EUR/TRY currency pair

EUR/TRY finds support from accumulated volume at TRY 53.02 and this level may hold a buying opportunity as an upwards reaction can be expected when the support is being tested.

In general the currency pair tends to have very controlled movements and with good liquidity the risk is considered very low in this currency pair. During the last day, the currency pair moved TRY 2.65 between high and low, or 5.10%. For the last week the currency pair has had daily average volatility of 2.42%.

Our recommended stop-loss: TRY 51.18 (-3.65%) (This currency pair has very low daily movements and this gives very low risk. There is a sell signal from a pivot top found 3 days ago.)

Trading Expectations (EURTRY) For The Upcoming Trading Day Of Tuesday 23rd

For the upcoming trading day on Tuesday, 23rd we expect EUR/TRY to open at TRY 53.19, and during the day (based on 14 day Average True Range), to move between TRY 52.71 and TRY 53.53, which gives a possible trading interval of +/-TRY 0.82 (+/-1.56%) up or down from last closing price. If EUR/TRY takes out the full calculated possible swing range there will be an estimated 1.56% move between the lowest and the highest trading price during the day.

Since the stock is closer to the resistance from accumulated volume at TRY 53.20 (0.16%) than the support at TRY 53.02 (0.20%), our systems don't find the trading risk/reward intra-day attractive and any bets should be held until the stock is closer to the support level.

Is EUR/TRY currency pair A Buy?

EUR/TRY holds several negative signals and this should be a sell candidate, but due to the general chance for a turnaround situation it should be considered as a hold candidate (hold or accumulate) in this position whilst awaiting further development. Due to some small weaknesses in the technical picture we have downgraded our analysis conclusion for this currency pair since the last evaluation from a Buy to a Hold candidate.

Current score: 0.000 Hold/Accumulate Downgraded

Zero in score indicates that our system is expecting high volatility and risk for the following trading day. Given the latest developments, we cannot determine the next direction as it may go both ways.

Predicted Fair Opening Price

Predicted fair opening price on June 23, 2026 - TRY 53.19 ( 0.137%).

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