AUD/CZK

- CZK (-)

- Real time data - Forex

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Type:	Forex
Ticker:	AUDCZK
ISIN:

AUD/CZK - Daily - Technical analysis published on 06/06/2023 (GMT)

Londinia

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Timeframe : Daily
- Analysis generated on
Status : INVALID

Summary of the analysis

Trends

Short term: Strongly bullish

Underlying: Neutral

Technical indicators

83%

17%

My opinion

Bullish above 14.63 CZK

My targets

15.03 CZK (+0.32)

15.59 CZK (+0.88)

My analysis

The current short-term bullish acceleration on AUD/CZK should quickly allow the basic trend to return to bullish. To avoid contradicting the short term, traders may prefer long positions (at the time of purchase) as long as the price remains well above 14.63 CZK. Short-term buyers will use the resistance located at 15.03 CZK as an objective. A bullish break in this resistance would boost the bullish momentum. The next bullish objective would then be set at 15.59 CZK. Crossing this resistance would then open the door for buyers to target 16.40 CZK. Caution, if there is a return to under 14.63 CZK, it should not be forgotten that the basic trend is not yet clearly defined. Beware of against the trend sellers, many of whom will certainly benefit from this movement.

Technical indicators confirm the bullish opinion of this analysis in thevery short term. However, be careful of excessive bullish movements. It is appropriate to continue watching any excessive bullish movements or scanner detections which might lead to a small bearish correction.

Force

4.1

Comment on the analysis

Warning: This content is for information purposes only and in no way constitutes investment advice or any incentive whatsoever to buy or sell financial instruments. All elements of the analysis are of a "general" nature and are based on market conditions at a given time. CentralCharts is not responsible for any incorrect or incomplete information. Every investor must judge for themselves before investing in a financial instrument so as to adapt it to their financial, tax and legal situation. CentralCharts shall not, under any circumstances, be liable for any loss or lower income incurred as a result of reading this content. Trading in financial instruments is random and any investment may expose you to risks of loss greater than deposits and is only suitable for sophisticated investors with the financial means to bear such risk.

This analysis was given by Londinia. Take part yourself by sharing additional analysis on another time unit:

Additional analysis

Quotes

AUD/CZK rating 14.71 CZK. The price has increased by +1.17% since the last closing and was between 14.52 CZK and 14.72 CZK. This implies that the price is at +1.31% from its lowest and at -0.07% from its highest.

14.52

14.72

14.71

Here is a more detailed summary of the historical variations registered by AUD/CZK:

The Central Records scanner for higher/lower results shows the following items:

Near a new LOW record (5 years)

Type : Bearish

Timeframe : Weekly

Near a new LOW record (1 year)

Type : Bearish

Timeframe : Weekly

Near a new LOW record (1st january)

Type : Bearish

Timeframe : Weekly

New HIGH record (1 month)

Type : Bullish

Timeframe : Weekly

Technical

A technical analysis in Daily of this AUD/CZK chart shows a neutral trend. The strong bullish signals currently being given by short-term moving averages could allow the overall trend to return to bullish. An assessment of moving averages reveals a bullish signal that could impact this trend:

Bullish price crossover with adaptative moving average 100

Type : Bullish

Timeframe : Daily

The probability of a further increase is high given the direction of the technical indicators.
Caution: the Central Indicators scanner currently detects an excess:

CCI indicator is overbought : over 100

Type : Neutral

Timeframe : Daily

Williams %R indicator is overbought : over -20

Type : Neutral

Timeframe : Daily

Other results related to technical indicators were also found by the Central Indicators scanner:

Pivot points : price is over resistance 1

Type : Neutral

Timeframe : Weekly

Pivot points : price is over resistance 2

Type : Neutral

Timeframe : Daily

Aroon indicator bullish trend

Type : Bullish

Timeframe : Daily

Ichimoku : price is over the cloud

Type : Bullish

Timeframe : Daily

Momentum indicator is back over 0

Type : Bullish

Timeframe : Daily

An analysis of the price chart with the Central Patterns scanner (detector of chart patterns and resistances and supports) shows a result that can have an impact on the price change:

Horizontal resistance is broken

Type : Bullish

Timeframe : Daily

No result was found by the Central Candlesticks scanner on Japanese candlesticks.

ProTrendLines

Price

	S3	S2	S1	Price	R1	R2	R3
ProTrendLines	11.94	14.07	14.63	14.71	15.03	15.59	16.40
Change (%)	-18.83%	-4.35%	-0.54%	-	+2.18%	+5.98%	+11.49%
Change	-2.77	-0.64	-0.08	-	+0.32	+0.88	+1.69
Level	Intermediate	Major	Major	-	Intermediate	Intermediate	Minor

Pivot points can also be used to set your price objectives. Here is the price situation in relation to pivot points:

Daily

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	14.37	14.44	14.49	14.56	14.61	14.68	14.73
Camarilla	14.51	14.52	14.53	14.54	14.55	14.56	14.57
Woodie	14.36	14.44	14.48	14.56	14.60	14.68	14.72
Fibonacci	14.44	14.49	14.51	14.56	14.61	14.63	14.68

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	14.17	14.26	14.42	14.51	14.67	14.76	14.92
Camarilla	14.51	14.53	14.56	14.58	14.60	14.63	14.65
Woodie	14.21	14.28	14.46	14.53	14.71	14.78	14.96
Fibonacci	14.26	14.36	14.42	14.51	14.61	14.67	14.76

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	13.52	13.80	14.12	14.40	14.72	15.00	15.32
Camarilla	14.27	14.32	14.38	14.43	14.49	14.54	14.60
Woodie	13.53	13.81	14.13	14.41	14.73	15.01	15.33
Fibonacci	13.80	14.03	14.17	14.40	14.63	14.77	15.00

Numerical data

The following are the details of the technical indicators and moving averages that were collected to generate this technical analysis:

Technical indicators

Moving averages

RSI (14):	62.71
MACD (12,26,9):	0.0400
Directional Movement:	13.21
AROON (14):	50.00
DEMA (21):	14.52
Parabolic SAR (0,02-0,02-0,2):	14.32
Elder Ray (13):	0.11
Super Trend (3,10):	14.27
Zig ZAG (10):	14.71
VORTEX (21):	1.0800
Stochastique (14,3,5):	76.98
TEMA (21):	14.58
Williams %R (14):	-2.38
Chande Momentum Oscillator (20):	0.08
Repulse (5,40,3):	1.6400
ROCnROLL:	1
TRIX (15,9):	0.0300
Courbe Coppock:	0.01

MA7:	14.51
MA20:	14.50
MA50:	14.39
MA100:	14.76
MAexp7:	14.55
MAexp20:	14.48
MAexp50:	14.51
MAexp100:	14.75
Price / MA7:	+1.38%
Price / MA20:	+1.45%
Price / MA50:	+2.22%
Price / MA100:	-0.34%
Price / MAexp7:	+1.10%
Price / MAexp20:	+1.59%
Price / MAexp50:	+1.38%
Price / MAexp100:	-0.27%

Quotes : - Real time data - Forex

This member declared not having a position on this financial instrument or a related financial instrument.

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Londinia AI

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