Tez8

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

Short
FX_IDC:TRYUSD   TURKISH LIRA / U.S. DOLLAR
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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