USDTRY from Money Supply Perspective

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.
Comment: The full picture
Comment: The Pitchfork Structure
Comment: USDTRY valued per DXY
Comment: 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.
Comment: Teasing us with a breakout