Fasten your seat belts, Turkey's economy is collapsing...
According to the chart on forex.com, it may be funny to analyze a currency whose country is suffering from a crisis like an earthquake, because it is a crisis and it makes the currency of poor quality, but when we investigate further, we see that all these events in the currency are related to political events and The new crisis of the earthquake shook the currency a little, but it did not have a strong impact.
Therefore, according to my words, the currency that could be controlled at 18.46 dollars and was not controlled can easily reach the border between 32 and 34 dollars based on Fibonacci and a large and beautiful economy like Turkey will undergo transformation and destruction.
Even if the Turkish government can bring its currency below 18.46 dollars today, it will be too late, but lowering the price of the currency today can help Turkey's crisis-stricken economy.
But I think that the Turkish government should not involve itself in lowering the price of the currency, and therefore it will slowly suffer inflation and gradually transform the great economy of Turkey to the limit of 32 and 34 dollars. So I'm sorry to say, fasten your seat belts, Turkey's economy is collapsing and will see $32.
Therefore, according to my words, the currency that could be controlled at 18.46 dollars and was not controlled can easily reach the border between 32 and 34 dollars based on Fibonacci and a large and beautiful economy like Turkey will undergo transformation and destruction.
Even if the Turkish government can bring its currency below 18.46 dollars today, it will be too late, but lowering the price of the currency today can help Turkey's crisis-stricken economy.
But I think that the Turkish government should not involve itself in lowering the price of the currency, and therefore it will slowly suffer inflation and gradually transform the great economy of Turkey to the limit of 32 and 34 dollars. So I'm sorry to say, fasten your seat belts, Turkey's economy is collapsing and will see $32.
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