Dólar Americano/Nova Lira Turca
Atualizado

USDTRY from Money Supply Perspective

214
USDTRY with valued for the number of US dollars printed over the last months. By dividing USDTRY by M2 (money supply), I believe we can get a valuation that respects inflation.

Now we have to pay attention to the yellow trend-line and how the price action plays against that.
Nota
The full picture
snapshot
Nota
The Pitchfork Structure
snapshot
Nota
USDTRY valued per DXY
snapshot
Nota
We would divide by DXY because of the proportional relationship. DXY falls, USDTRY falls as USD loses power. DXY rises, USDTRY rises, as USD gains more prominence.
Nota
Teasing us with a breakout
snapshot

Aviso legal

As informações e publicações não devem ser e não constituem conselhos ou recomendações financeiras, de investimento, de negociação ou de qualquer outro tipo, fornecidas ou endossadas pela TradingView. Leia mais em Termos de uso.