It is a more an irregular pair, but had a request to look at it.
The pair is likely going upwards short-term, and we may see a break of the resistance 9.51 area for a move to 11.25-11.50 area.
The monthly chart does not have a lot of data, but I suspect similarly as the USDTRY monthly chart, that we will correct lower in the longer term. If we are able to have a good average in selling upwards, we may take profit around 7.50-8.00 for now. The RSI for USDTRY monthly chart is still very extreme and correction should be good going back towards 10.50 - 9.00 which should translate 7.50-8.00 for NZDTRY estimated.
In all case for TRY average in small increments only and make sure money management is in place.
The pair is likely going upwards short-term, and we may see a break of the resistance 9.51 area for a move to 11.25-11.50 area.
The monthly chart does not have a lot of data, but I suspect similarly as the USDTRY monthly chart, that we will correct lower in the longer term. If we are able to have a good average in selling upwards, we may take profit around 7.50-8.00 for now. The RSI for USDTRY monthly chart is still very extreme and correction should be good going back towards 10.50 - 9.00 which should translate 7.50-8.00 for NZDTRY estimated.
In all case for TRY average in small increments only and make sure money management is in place.