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Tez8

TRY Short - TRY is in a long term cyclical bear market.

Short
TURKISH LIRA / U.S. DOLLAR (FX_IDC:TRYUSD)  
Tez8  
FX_IDC:TRYUSD   TURKISH LIRA / U.S. DOLLAR
Trend Analysis Chart Patterns Fundamental Analysis
3
6
trendanalysis chartpattern fundamental
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.
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