Economic confidence in Turkey is a composite measure that takes into account consumers' and producers' assessments of the country's general economic status, as well as expectations and trends in the economy. To create the index, normalized sub-indices of consumer confidence, seasonally adjusted real sector (manufacturing industry), services, retail trade, and construction confidence indices were mixed with other sub-indices. When the index is over 100, the economic confidence index suggests an optimistic outlook for the general economic condition; when the index is below 100, the index indicates a pessimistic view of the general economic situation.
A higher than expected figure should be seen as positive (bullish) for the TRY while a lower than expected figure should be seen as negative (bearish) for the TRY.
Forex Sentiment (TRY)
| Symbol | Community Trend (Shorts vs Longs) | Symbol Popularity | Avg. Short Price / Distance From Price | Avg. Long Price / Distance From Price | Current Price | |
|---|---|---|---|---|---|---|
| EURTRY |
|
|
7.5391 -173870 pips |
22.2916 +26345 pips |
24.9261 | |
| USDTRY |
|
|
20.0448 -31573 pips |
14.6664 +85357 pips |
23.20208 | |
| GBPTRY |
|
|
0 -289805 pips |
24.6502 +43303 pips |
28.98052 |
