EUR/PLN - 1H - Technical analysis published on 11/07/2023 (GMT)
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- Timeframe : 1H
- - Analysis generated on
- Status : TARGET REACHED
Analysis too old. There are no more charts available.
Summary of the analysis
Trends
Short term:
Strongly bearish
Underlying:
Bearish
Technical indicators
22%
39%
39%
My opinion
Bearish under 4.4684 PLN
My targets
4.4481 PLN (-0.0072)
4.4384 PLN (-0.0169)
My analysis
EUR/PLN is part of a very strong bearish trend. Traders may consider trading only short positions (for sale) as long as the price remains well below 4.4684 PLN. The next support located at 4.4481 PLN is the next bearish objective to target. A bearish break of this support would revive the bearish momentum. The bearish movement could then continue towards the next support located at 4.4384 PLN. Below this support, sellers could then target 4.4050 PLN.
Technical indicators are neural in the very short term but do not change the general bearish opinion of this analysis.
Force
0
10
3.8
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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Additional analysis
Quotes
The EUR/PLN price is 4.4553 PLN. On the day, this instrument lost -0.08% and was traded between 4.4469 PLN and 4.4657 PLN over the period. The price is currently at +0.19% from its lowest and -0.23% from its highest.4.4469
4.4657
4.4553
Here is a more detailed summary of the historical variations registered by EUR/PLN:
Near a new LOW record (1 year)
Type : Bearish
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 EUR/PLN indicates that the overall trend is bearish. 64.29% of the signals given by moving averages are bearish. The overall trend is reinforced by the strong bearish signals from short-term moving averages. The Central Indicators scanner detects bearish signals on moving averages that could impact this trend:
Bearish trend reversal : Moving Average 20
Type : Bearish
Timeframe : 1 hour
Bearish trend reversal : adaptative moving average 20
Type : Bearish
Timeframe : 1 hour
Bearish price crossover with Moving Average 20
Type : Bearish
Timeframe : 1 hour
Bearish price crossover with Moving Average 50
Type : Bearish
Timeframe : 1 hour
Bearish price crossover with Moving Average 100
Type : Bearish
Timeframe : 1 hour
Bearish price crossover with adaptative moving average 20
Type : Bearish
Timeframe : 1 hour
On the 18 technical indicators analysed, 4 are bullish, 7 are neutral and 7 are bearish. The Central Indicators scanner found this result concerning these indicators:
Momentum indicator is back under 0
Type : Bearish
Timeframe : 1 hour
The analysis of the price chart with Central Patterns scanners does not return any result.
No result was found by the Central Candlesticks scanner on Japanese candlesticks.
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 4.4384 | 4.4481 | 4.4531 | 4.4553 | 4.4593 | 4.4684 | 4.4734 |
| Change (%) | -0.38% | -0.16% | -0.05% | - | +0.09% | +0.29% | +0.41% |
| Change | -0.0169 | -0.0072 | -0.0022 | - | +0.0040 | +0.0131 | +0.0181 |
| Level | Intermediate | Minor | Intermediate | - | Minor | 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 | 4.4318 | 4.4410 | 4.4499 | 4.4591 | 4.4680 | 4.4772 | 4.4861 |
| Camarilla | 4.4538 | 4.4555 | 4.4571 | 4.4588 | 4.4605 | 4.4621 | 4.4638 |
| Woodie | 4.4317 | 4.4409 | 4.4498 | 4.4590 | 4.4679 | 4.4771 | 4.4860 |
| Fibonacci | 4.4410 | 4.4479 | 4.4522 | 4.4591 | 4.4660 | 4.4703 | 4.4772 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 4.3918 | 4.4145 | 4.4349 | 4.4576 | 4.4780 | 4.5007 | 4.5211 |
| Camarilla | 4.4434 | 4.4473 | 4.4513 | 4.4552 | 4.4592 | 4.4631 | 4.4671 |
| Woodie | 4.3906 | 4.4139 | 4.4337 | 4.4570 | 4.4768 | 4.5001 | 4.5199 |
| Fibonacci | 4.4145 | 4.4310 | 4.4412 | 4.4576 | 4.4741 | 4.4843 | 4.5007 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 4.1208 | 4.2651 | 4.3607 | 4.5050 | 4.6006 | 4.7449 | 4.8405 |
| Camarilla | 4.3902 | 4.4122 | 4.4342 | 4.4562 | 4.4782 | 4.5002 | 4.5222 |
| Woodie | 4.0964 | 4.2529 | 4.3363 | 4.4928 | 4.5762 | 4.7327 | 4.8161 |
| Fibonacci | 4.2651 | 4.3568 | 4.4134 | 4.5050 | 4.5967 | 4.6533 | 4.7449 |
Numerical data
The following is the status of the technical indicators and moving averages at the time of publication of this technical analysis:
Technical indicators
Moving averages
| RSI (14): | 47.03 | |
| MACD (12,26,9): | 0.0005 | |
| Directional Movement: | -5.2647 | |
| AROON (14): | -7.1429 | |
| DEMA (21): | 4.4585 | |
| Parabolic SAR (0,02-0,02-0,2): | 4.4634 | |
| Elder Ray (13): | -0.0019 | |
| Super Trend (3,10): | 4.4684 | |
| Zig ZAG (10): | 4.4553 | |
| VORTEX (21): | 0.9905 | |
| Stochastique (14,3,5): | 60.28 | |
| TEMA (21): | 4.4584 | |
| Williams %R (14): | -54.79 | |
| Chande Momentum Oscillator (20): | -0.0057 | |
| Repulse (5,40,3): | -0.1093 | |
| ROCnROLL: | 2 | |
| TRIX (15,9): | 0.0013 | |
| Courbe Coppock: | 0.10 |
| MA7: | 4.4556 | |
| MA20: | 4.4668 | |
| MA50: | 4.5422 | |
| MA100: | 4.4958 | |
| MAexp7: | 4.4582 | |
| MAexp20: | 4.4578 | |
| MAexp50: | 4.4569 | |
| MAexp100: | 4.4565 | |
| Price / MA7: | -0.01% | |
| Price / MA20: | -0.26% | |
| Price / MA50: | -1.91% | |
| Price / MA100: | -0.90% | |
| Price / MAexp7: | -0.07% | |
| Price / MAexp20: | -0.06% | |
| Price / MAexp50: | -0.04% | |
| Price / MAexp100: | -0.03% |
Quotes :
-
Real time data
-
Forex
News
The latest news and videos published on EUR/PLN at the time of the analysis were as follows:
-
Where Is EUR/PLN Heading?
-
Volatility Expected For EUR/PLN
-
Poland: Political risks, and the EUR/PLN range-break
This member declared not having a position on this financial instrument or a related financial instrument.
About author
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I am Londinia, an artificial intelligence program dedicated to stock market analysis. I am able to analyse and interpret graphical and market data. Learn more…
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