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CAD/CZK
CAD CZK
- CZK (-)
- Real time data - Forex
Open: -
Change: -
Volume: -
Low: -
High: -
High / Low range: -
Type: Forex
Ticker: CADCZK
ISIN:

CAD/CZK - 1H - Technical analysis published on 04/19/2024 (GMT)

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  • Timeframe : 1H
  • - Analysis generated on
  • Status : TARGET REACHED

Summary of the analysis

Trends
Short term: Bullish
Underlying: Bullish
Technical indicators
33%
22%
44%
My opinion
Bullish above 17.192 CZK
My targets
17.270 CZK (+0.026)
17.298 CZK (+0.054)
My analysis
A bullish trend on CAD/CZK both in substance and in the short term. A purchase could be considered as long as the price remains above 17.192 CZK. Each resistance break is a strong signal that the current trend will continue. The first bullish objective would be 17.270 CZK. Then the price could move towards 17.298 CZK. Then 17.324 CZK by extension. Be careful, a return below 17.192 CZK would be a sign of the trend weakening and a possible correction phase could then occur. In this case, you could keep away while waiting for a signal that the basic trend will resume. Trading against the trend could be riskier.

Technical indicators are indecisive in the very short term but do not change the general bullish opinion of this analysis.
Force
0
10
4.3

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.

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

Additional analysis

Quotes

The CAD/CZK rating is 17.244 CZK. On the day, this instrument lost -0.02% and was traded between 17.213 CZK and 17.283 CZK over the period. The price is currently at +0.18% from its lowest and -0.23% from its highest.

17.213
17.283
17.244

Here is a more detailed summary of the historical variations registered by CAD/CZK:
The Central Records scanner for higher/lower results shows the following items:

Central Records

Near a new HIGH record (1 year)

Type : Bullish

Timeframe : Weekly


Near a new LOW record (1st january)

Type : Bearish

Timeframe : Weekly


Near a new HIGH record (1 month)

Type : Bullish

Timeframe : Weekly



Technical


Technical analysis of this 1H chart of CAD/CZK indicates that the overall trend is bullish. The signals given by moving averages are 75.00% bullish. This bullish trend is slowing down slightly given the slightly bullish signals of short-term moving averages. The Central Indicators scanner detects a bearish signal on moving averages that could impact this trend:

Central Indicators

Bearish price crossover with Moving Average 20

Type : Bearish

Timeframe : 1 hour



An assessment of technical indicators does not currently provide any relevant information to suggest whether the signal given by the technical indicators is more bullish or bearish.
Central Indicators, the detector scanner for these technical indicators has recently detected several signals:

Central Indicators

Price is back under the pivot point

Type : Bearish

Timeframe : Weekly


Williams %R indicator is back under -50

Type : Bearish

Timeframe : 1 hour



The Central Patterns scanner, which studies chart patterns, resistances and supports, has identified this signal:

Central Patterns

Near resistance of channel

Type : Bearish

Timeframe : 1 hour



The Central Candlesticks scanner which studies Japanese candlesticks did not detect anything.


ProTrendLines
S3
S2
S1
R1
R2
R3
Price


S3S2S1PriceR1R2R3
ProTrendLines 17.137 17.173 17.192 17.244 17.246 17.270 17.298
Change (%) -0.62% -0.41% -0.30% - +0.01% +0.15% +0.31%
Change -0.107 -0.071 -0.052 - +0.002 +0.026 +0.054
Level Minor Minor Major - Intermediate Intermediate Minor



Attention could also be paid to pivot points to set price objectives:

Daily
Pivot points S3 S2 S1 PP R1 R2 R3
Standard17.11517.14417.19617.22517.27717.30617.358
Camarilla17.22517.23217.24017.24717.25417.26217.269
Woodie17.12617.15017.20717.23117.28817.31217.369
Fibonacci17.14417.17517.19417.22517.25617.27517.306


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard16.99117.07717.18417.27017.37717.46317.570
Camarilla17.23917.25717.27417.29217.31017.32717.345
Woodie17.00317.08217.19617.27517.38917.46817.582
Fibonacci17.07717.15017.19617.27017.34317.38917.463


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard16.78216.90117.10117.22017.42017.53917.739
Camarilla17.21217.24217.27117.30017.32917.35917.388
Woodie16.82216.92117.14117.24017.46017.55917.779
Fibonacci16.90117.02317.09917.22017.34217.41817.539

Numerical data


The following is the status of technical indicators and moving averages registered at the time this technical analysis was created:

Technical indicators
Moving averages

RSI (14): 52.37
MACD (12,26,9): 0.0040
Directional Movement: -0.906
AROON (14): -28.571
DEMA (21): 17.249
Parabolic SAR (0,02-0,02-0,2): 17.270
Elder Ray (13): 0.003
Super Trend (3,10): 17.206
Zig ZAG (10): 17.243
VORTEX (21): 1.0000
Stochastique (14,3,5): 48.80
TEMA (21): 17.244
Williams %R (14): -55.07
Chande Momentum Oscillator (20): -0.016
Repulse (5,40,3): 0.0720
ROCnROLL: 1
TRIX (15,9): 0.0060
Courbe Coppock: 0.16
MA7: 17.240
MA20: 17.253
MA50: 17.264
MA100: 17.063
MAexp7: 17.242
MAexp20: 17.242
MAexp50: 17.230
MAexp100: 17.229
Price / MA7: +0.02%
Price / MA20: -0.05%
Price / MA50: -0.12%
Price / MA100: +1.06%
Price / MAexp7: +0.01%
Price / MAexp20: +0.01%
Price / MAexp50: +0.08%
Price / MAexp100: +0.09%

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
Londinia AI

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