Zar/try Currency Pair Forecast

Sell candidate since Jul 31, 2026

The ZAR/TRY currency pair price fell by -0.155% on the last day (Friday, 31st Jul 2026) from TRY 2.86 to TRY 2.86. During the last trading day the currency pair fluctuated 1.22% from a day low at TRY 2.83 to a day high of TRY 2.87. The price has risen in 6 of the last 10 days and is up by 0.45% over the past 2 weeks. Volume has increased on the last day by 102 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, 105 thousand shares were bought and sold for approximately TRY 299.90 thousand.

The currency pair lies in the middle of a narrow and weak rising trend in the short term and a further rise within the trend is signaled. Given the current short-term trend, the currency pair is expected to rise 4.80% during the next 3 months and, with a 90% probability hold a price between TRY 2.94 and TRY 3.05 at the end of this 3-month period.

ZARTRY Signals & Forecast

The ZAR/TRY currency pair holds buy signals from both short and long-term Moving Averages giving a positive forecast for the currency pair, but the currency pair has a general sell signal from the relation between the two signals where the long-term average is above the short-term average. On corrections down, there will be some support from the lines at TRY 2.82 and TRY 2.83. A breakdown below any of these levels will issue sell signals. Some negative signals were issued as well, and these may have some influence on the near short-term development. A sell signal was issued from a pivot top point on Monday, July 06, 2026, and so far it has fallen -0.468%. 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). ZAR/TRY gained volume on the last day, but on falling prices. In technical terms, this is called divergence and may be an early warning. In some cases, increasing volume on falling prices may be considered positive, but that is mainly in typical "sell-offs".

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

ZAR/TRY finds support from accumulated volume at TRY 2.82 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 0.0345 between high and low, or 1.22%. For the last week the currency pair has had daily average volatility of 0.90%.

Our recommended stop-loss: We hold a negative evaluation for this stock. No stop-loss is set.

Trading Expectations (ZARTRY) For The Upcoming Trading Day Of Monday 3rd

For the upcoming trading day on Monday, 3rd we expect ZAR/TRY to open at TRY 2.85, and during the day (based on 14 day Average True Range), to move between TRY 2.84 and TRY 2.87, which gives a possible trading interval of +/-TRY 0.0322 (+/-1.14%) up or down from last closing price. If ZAR/TRY takes out the full calculated possible swing range there will be an estimated 1.14% 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 2.86 (0.04%) than the support at TRY 2.82 (1.37%), 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 ZAR/TRY currency pair A Buy?

The ZAR/TRY currency pair holds several negative signals and despite the positive trend, we believe ZAR/TRY will perform weakly in the next couple of days or weeks. Therefore, we hold a negative evaluation of this currency pair. 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 Hold to a Sell candidate.

Current score: -1.989 Sell Candidate Downgraded

Predicted Fair Opening Price

Predicted fair opening price on August 3, 2026 - TRY 2.85 ( 0.157%).

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