AUD/PLN - Daily - Technical analysis published on 08/31/2022 (GMT)
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- Timeframe : Daily
- - Analysis generated on
- Status : INVALID
Summary of the analysis
Trends
Short term:
Bullish
Underlying:
Strongly bullish
Technical indicators
33%
39%
28%
My opinion
Bullish above 3.2003 PLN
My targets
3.2795 PLN (+0.0298)
3.3593 PLN (+0.1096)
My analysis
All elements being clearly bullish, it would be possible for traders to trade only long positions (at the time of purchase) on AUD/PLN as long as the price remains well above 3.2003 PLN. The buyers' bullish objective is set at 3.2795 PLN. A bullish break in this resistance would boost the bullish momentum. The buyers could then target the resistance located at 3.3593 PLN. If there is any crossing, the next objective would be the resistance located at 3.6220 PLN. Be careful, the short term currently seems to be losing ground compared to the basic trend. Longer time units should be analysed to identify possible overbought items that could be a sign of a possible short-term correction.
In the very short term, the general bullish sentiment is not called into question, despite technical indicators being indecisive.
Force
0
10
4.1
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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 AUD/PLN rating is 3.2497 PLN. On the day, this instrument gained +0.56% and was traded between 3.2288 PLN and 3.2506 PLN over the period. The price is currently at +0.65% from its lowest and -0.03% from its highest.3.2288
3.2506
3.2497
The Central Gaps scanner detects a bearish opening marking the presence of sellers ahead of buyers at the opening but not sufficiently marked to allow the price to register a quotation gap.
Bearish opening
Type : Bearish
Timeframe : Openning
A study of price movements over other periods shows the following variations:
Near a new HIGH record (5 years)
Type : Bullish
Timeframe : Weekly
Near a new HIGH record (1 month)
Type : Bullish
Timeframe : Weekly
Technical
A technical analysis in Daily of this AUD/PLN chart shows a strongly bullish trend. 82.14% of the signals given by moving averages are bullish. The slightly bullish signals given by the short-term moving averages show a weakening of the global trend. The Central Indicators market scanner is currently detecting several bearish and bullish signals that could impact this trend:
Bearish trend reversal : adaptative moving average 20
Type : Bearish
Timeframe : Daily
Bullish price crossover with Moving Average 20
Type : Bullish
Timeframe : Daily
In fact, of the 18 technical indicators analysed by Central Analyzer, 6 are bullish, 5 are neutral and 7 are bearish. Other results related to technical indicators were also found by the Central Indicators scanner:
RSI indicator is back over 50
Type : Bullish
Timeframe : Daily
Price is back over the pivot point
Type : Bullish
Timeframe : Daily
Momentum indicator is back over 0
Type : Bullish
Timeframe : Daily
The analysis of the price chart with Central Patterns scanners does not return any result.
The Central Candlesticks scanner, specialised in Japanese candlesticks, did not identify any signals.
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 2.9578 | 3.0299 | 3.2003 | 3.2497 | 3.2795 | 3.3593 | 3.6220 |
| Change (%) | -8.98% | -6.76% | -1.52% | - | +0.92% | +3.37% | +11.46% |
| Change | -0.2919 | -0.2198 | -0.0494 | - | +0.0298 | +0.1096 | +0.3723 |
| Level | Minor | Major | Major | - | Intermediate | Major | Major |
Attention could also be paid to pivot points to set price objectives:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 3.1582 | 3.1933 | 3.2124 | 3.2475 | 3.2666 | 3.3017 | 3.3208 |
| Camarilla | 3.2166 | 3.2216 | 3.2265 | 3.2315 | 3.2365 | 3.2414 | 3.2464 |
| Woodie | 3.1502 | 3.1893 | 3.2044 | 3.2435 | 3.2586 | 3.2977 | 3.3128 |
| Fibonacci | 3.1933 | 3.2140 | 3.2268 | 3.2475 | 3.2682 | 3.2810 | 3.3017 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 3.1605 | 3.2048 | 3.2397 | 3.2840 | 3.3189 | 3.3632 | 3.3981 |
| Camarilla | 3.2529 | 3.2602 | 3.2674 | 3.2747 | 3.2820 | 3.2892 | 3.2965 |
| Woodie | 3.1559 | 3.2025 | 3.2351 | 3.2817 | 3.3143 | 3.3609 | 3.3935 |
| Fibonacci | 3.2048 | 3.2350 | 3.2537 | 3.2840 | 3.3142 | 3.3329 | 3.3632 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 2.8441 | 2.9486 | 3.0947 | 3.1992 | 3.3453 | 3.4498 | 3.5959 |
| Camarilla | 3.1718 | 3.1948 | 3.2177 | 3.2407 | 3.2637 | 3.2866 | 3.3096 |
| Woodie | 2.8648 | 2.9590 | 3.1154 | 3.2096 | 3.3660 | 3.4602 | 3.6166 |
| Fibonacci | 2.9486 | 3.0444 | 3.1035 | 3.1992 | 3.2950 | 3.3541 | 3.4498 |
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): | 51.11 | |
| MACD (12,26,9): | 0.0163 | |
| Directional Movement: | 0.7498 | |
| AROON (14): | 42.8572 | |
| DEMA (21): | 3.2740 | |
| Parabolic SAR (0,02-0,02-0,2): | 3.2284 | |
| Elder Ray (13): | -0.0200 | |
| Super Trend (3,10): | 3.2114 | |
| Zig ZAG (10): | 3.2477 | |
| VORTEX (21): | 1.0686 | |
| Stochastique (14,3,5): | 39.87 | |
| TEMA (21): | 3.2712 | |
| Williams %R (14): | -59.48 | |
| Chande Momentum Oscillator (20): | 0.0122 | |
| Repulse (5,40,3): | -0.9891 | |
| ROCnROLL: | -1 | |
| TRIX (15,9): | 0.0848 | |
| Courbe Coppock: | 3.36 |
| MA7: | 3.2787 | |
| MA20: | 3.2445 | |
| MA50: | 3.2093 | |
| MA100: | 3.1594 | |
| MAexp7: | 3.2614 | |
| MAexp20: | 3.2506 | |
| MAexp50: | 3.2146 | |
| MAexp100: | 3.1689 | |
| Price / MA7: | -0.88% | |
| Price / MA20: | +0.16% | |
| Price / MA50: | +1.26% | |
| Price / MA100: | +2.86% | |
| Price / MAexp7: | -0.36% | |
| Price / MAexp20: | -0.03% | |
| Price / MAexp50: | +1.09% | |
| Price / MAexp100: | +2.55% |
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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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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