GYEN - GYEN/USD - 1H - Technical analysis published on 08/20/2022 (GMT)
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- Timeframe : 1H
- - Analysis generated on
- Status : LEVEL MAINTAINED
Analysis too old. There are no more charts available.
Summary of the analysis
Trends
Short term:
Strongly bearish
Underlying:
Strongly bearish
Technical indicators
50%
22%
28%
My opinion
Bearish under 0.007368 USD
My targets
0.007140 USD (-1.53%)
My analysis
GYEN - GYEN/USD 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 0.007368 USD. The next support located at 0.007140 USD is the next bearish objective to target. A bearish break of this support would revive the bearish momentum. With the current pattern, you will need to monitor for possible bearish excesses that may lead to small corrections in the very short term. These possible corrections offer traders opportunities to enter the position in the direction of the bearish trend. Trying to profit from the purchase of these possible corrections may seem risky.
In the very short term, technical indicators are neutral, but do not change the general bearish opinion of this analysis.
Force
0
10
5.2
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This analysis was given by Londinia. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
The GYEN - GYEN/USD rating is 0.007251 USD. The price registered a decrease of -0.03% on the session and was between 0.007251 USD and 0.007254 USD. This implies that the price is at 0% from its lowest and at -0.04% from its highest.0.007251
0.007254
0.007251
Here is a more detailed summary of the historical variations registered by GYEN - GYEN/USD:
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 GYEN - GYEN/USD in 1H shows a overall strongly bearish trend. 92.86% of the signals given by moving averages are bearish. This strongly bearish trend is supported by the strong bearish signals given by short-term moving averages. There is no crossing of moving average by the price or crossing of moving averages between themselves.
An assessment of technical indicators does not currently provide any relevant information on the direction of future price movements.
Central Indicators, the detector scanner for these technical indicators has recently detected several signals:
Pivot points : price is under support 1
Type : Neutral
Timeframe : Weekly
Momentum indicator is back over 0
Type : Bullish
Timeframe : 1 hour
The Central Patterns scanner, which studies chart patterns, resistances and supports, has identified these signals:
Near horizontal support
Type : Bullish
Timeframe : 1 hour
Near support of channel
Type : Bullish
Timeframe : 1 hour
There is also a Japanese candlestick pattern detected by Central Candlesticks that could mark the end of the current short-term trend:
Doji
Type : Neutral
Timeframe : 1 hour
ProTrendLines
S2
S1
R1
R2
R3
Price
| S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|
| ProTrendLines | 0.007140 | 0.007244 | 0.007251 | 0.007368 | 0.007419 | 0.007460 |
| Change (%) | -1.53% | -0.10% | - | +1.61% | +2.32% | +2.88% |
| Change | -0.000111 | -0.000007 | - | +0.000117 | +0.000168 | +0.000209 |
| Level | Intermediate | Intermediate | - | Major | Minor | Intermediate |
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 | 0.007169 | 0.007206 | 0.007230 | 0.007267 | 0.007291 | 0.007328 | 0.007352 |
| Camarilla | 0.007236 | 0.007242 | 0.007247 | 0.007253 | 0.007259 | 0.007264 | 0.007270 |
| Woodie | 0.007162 | 0.007203 | 0.007223 | 0.007264 | 0.007284 | 0.007325 | 0.007345 |
| Fibonacci | 0.007206 | 0.007230 | 0.007244 | 0.007267 | 0.007291 | 0.007305 | 0.007328 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.007136 | 0.007231 | 0.007358 | 0.007453 | 0.007580 | 0.007675 | 0.007802 |
| Camarilla | 0.007424 | 0.007444 | 0.007465 | 0.007485 | 0.007505 | 0.007526 | 0.007546 |
| Woodie | 0.007152 | 0.007239 | 0.007374 | 0.007461 | 0.007596 | 0.007683 | 0.007818 |
| Fibonacci | 0.007231 | 0.007316 | 0.007368 | 0.007453 | 0.007538 | 0.007590 | 0.007675 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.006893 | 0.007011 | 0.007235 | 0.007353 | 0.007577 | 0.007695 | 0.007919 |
| Camarilla | 0.007366 | 0.007397 | 0.007429 | 0.007460 | 0.007491 | 0.007523 | 0.007554 |
| Woodie | 0.006947 | 0.007038 | 0.007289 | 0.007380 | 0.007631 | 0.007722 | 0.007973 |
| Fibonacci | 0.007011 | 0.007141 | 0.007222 | 0.007353 | 0.007483 | 0.007564 | 0.007695 |
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): | 36.31 | |
| MACD (12,26,9): | 0.0000 | |
| Directional Movement: | -21.480996 | |
| AROON (14): | 0 | |
| DEMA (21): | 0.007242 | |
| Parabolic SAR (0,02-0,02-0,2): | 0.007251 | |
| Elder Ray (13): | -0.000003 | |
| Super Trend (3,10): | 0.007270 | |
| Zig ZAG (10): | 0.007253 | |
| VORTEX (21): | 0.7294 | |
| Stochastique (14,3,5): | 52.94 | |
| TEMA (21): | 0.007247 | |
| Williams %R (14): | -47.06 | |
| Chande Momentum Oscillator (20): | 0.000009 | |
| Repulse (5,40,3): | -0.0121 | |
| ROCnROLL: | 2 | |
| TRIX (15,9): | -0.0333 | |
| Courbe Coppock: | 0.18 |
| MA7: | 0.007359 | |
| MA20: | 0.007408 | |
| MA50: | 0.007328 | |
| MA100: | 0.007445 | |
| MAexp7: | 0.007253 | |
| MAexp20: | 0.007263 | |
| MAexp50: | 0.007296 | |
| MAexp100: | 0.007337 | |
| Price / MA7: | -1.47% | |
| Price / MA20: | -2.12% | |
| Price / MA50: | -1.05% | |
| Price / MA100: | -2.61% | |
| Price / MAexp7: | -0.03% | |
| Price / MAexp20: | -0.17% | |
| Price / MAexp50: | -0.62% | |
| Price / MAexp100: | -1.17% |
Quotes :
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Real time data
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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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