Today's USD to TRY Price Update

Summary
This article provides real-time exchange rates and volatility information for USD to TRY, helping traders quickly grasp market dynamics and potential trading opportunities.

Definition

The US Dollar (USD) is one of the major legal tender currencies, while the Turkish Lira (TRY) is an important representative of emerging market currencies. The exchange rate between them not only reflects the market’s perception of the Turkish Lira’s value but also indicates investors’ confidence in the stability of both currencies.

Today’s Price

• 1 USD = 42.47 TRY
• 24h High: 42.5045 TRY
• 24h Low: 42.3103 TRY

Market Analysis

Recently, the USD/TRY exchange rate has been influenced by Turkey’s economic management and monetary policy, showing a steady upward trend.

• Technical focus: Key support level at 42.28463, resistance level at 85.12332
• Risk warning: Geopolitical changes in the eastern region may increase volatility
• Trading opportunity: Watch for potential buy entries as the price climbs towards the resistance at 35.00

Conclusion

Continue to monitor USD/TRY market conditions, combining market trends and technical indicators to reasonably plan trading strategies and capture potential opportunities.