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the changes in the household appliance imports can change the Won rate and awaken the industry. With in the context of the fact that the household appliance imports are probably going to to weaken and cause downfall in the KRW-TRY rates, the consequences this information may have in the coming months could be widespread!
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get real
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anyone else?
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i am on occasion inquired as to what the meaning of turtle channel is.
Turtle channel is a trading band created by plotting the highest and lowest prices of an asset over a certain time period around the price of that asset.
This indicator is interpreted in a similar manner to other banded indicators such as Keltner channels and moving average envelopes. Some investors use a move toward the upper band to signal an increased likelihood that the security is becoming overbought, and a move to the lower band to signal that a security may be oversold. Other investors believe that a move beyond the upper band of the channel is an indication that upward momentum is increasing, and a move below the lower band is an indication that downward momentum is building.
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christian1996, apparently the fact that the Chilean Peso is believed to come down versus the Sri Lanka Rupee before August the 21st began surfacing around the time that the updates in the paper industry are going to affect the foreign exchange in Asia and awaken the industry if correct would probably advocate the CLP's slump.
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