AUD/PLN

- PLN (-)

- Real time data - Forex

Open:	-
Change:	-
Volume:	-

Low:	-
High:	-
High / Low range:	-

Type:	Forex
Ticker:	AUDPLN
ISIN:

AUD/PLN - 1H - Technical analysis published on 11/07/2024 (GMT)

Londinia

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Timeframe : 1H
- Analysis generated on
Status : INVALID

Summary of the analysis

Trends

Short term: Strongly bullish

Underlying: Strongly bullish

Technical indicators

56%

11%

33%

My opinion

Bullish above 2.6672 PLN

My targets

2.6758 PLN (+0.0059)

2.6922 PLN (+0.0223)

My analysis

The bullish trend is currently very strong on AUD/PLN. As long as the price remains above the support at 2.6672 PLN, you could try to benefit from the boom. The first bullish objective is located at 2.6758 PLN. The bullish momentum would be boosted by a break in this resistance. Buyers would then use the next resistance located at 2.6922 PLN as an objective. Crossing it would then enable buyers to target 2.7049 PLN. Be careful, given the powerful bullish rally underway, excesses could lead to a possible correction in the short term. If this is the case, remember that trading against the trend may be riskier. It would seem more appropriate to wait for a signal indicating reversal of the trend.

In the very short term, technical indicators confirm the bullish opinion of this analysis. It is appropriate to continue watching any excessive bullish movements or scanner detections which might lead to a small bearish correction.

Force

7.5

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

The AUD/PLN rating is 2.6699 PLN. The price registered an increase of +0.26% on the session and was traded between 2.6621 PLN and 2.6703 PLN over the period. The price is currently at +0.29% from its lowest and -0.01% from its highest.

2.6621

2.6703

2.6699

The Central Gaps scanner detects a bearish opening. A small advantage for sellers in the very short term.

Bearish opening

Type : Bearish

Timeframe : Openning

So that you have an overall view of the price change, here is a table showing the variations over several periods:

The Central Records scanner, which identifies the highest / lowest, has detected several elements:

Near a new HIGH record (1 year)

Type : Bullish

Timeframe : Weekly

Near a new HIGH record (1st january)

Type : Bullish

Timeframe : Weekly

Near a new LOW record (1 month)

Type : Bearish

Timeframe : Weekly

Technical

Technical analysis of this 1H chart of AUD/PLN indicates that the overall trend is strongly bullish. 92.86% of the signals given by moving averages are bullish. The overall trend is supported by the strong bullish signals from short-term moving averages. An assessment of moving averages reveals a bullish signal that could impact this trend:

Bullish price crossover with Moving Average 20

Type : Bullish

Timeframe : 1 hour

The probability of a further increase are moderate given the direction of the technical indicators.
Central Indicators, the scanner specialised in technical indicators, has identified these signals:

Pivot points : price is over resistance 1

Type : Neutral

Timeframe : Weekly

Momentum indicator is back over 0

Type : Bullish

Timeframe : 1 hour

Williams %R indicator is back over -50

Type : Bullish

Timeframe : 1 hour

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

Near horizontal resistance

Type : Bearish

Timeframe : 1 hour

Resistance of channel is broken

Type : Bullish

Timeframe : 1 hour

The Central Candlesticks scanner, specialised in Japanese candlesticks, did not identify any signals.

ProTrendLines

Price

	S3	S2	S1	Price	R1	R2	R3
ProTrendLines	2.6567	2.6619	2.6672	2.6699	2.6758	2.6922	2.7049
Change (%)	-0.49%	-0.30%	-0.10%	-	+0.22%	+0.84%	+1.31%
Change	-0.0132	-0.0080	-0.0027	-	+0.0059	+0.0223	+0.0350
Level	Major	Minor	Minor	-	Major	Minor	Intermediate

To determine price objectives, it is also possible to use the pivot points. Here is the price position in relation to pivot points:

Daily

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	2.6138	2.6291	2.6461	2.6614	2.6784	2.6937	2.7107
Camarilla	2.6542	2.6572	2.6601	2.6631	2.6661	2.6690	2.6720
Woodie	2.6147	2.6295	2.6470	2.6618	2.6793	2.6941	2.7116
Fibonacci	2.6291	2.6414	2.6491	2.6614	2.6737	2.6814	2.6937

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	2.5730	2.5963	2.6188	2.6421	2.6646	2.6879	2.7104
Camarilla	2.6287	2.6329	2.6371	2.6413	2.6455	2.6497	2.6539
Woodie	2.5726	2.5961	2.6184	2.6419	2.6642	2.6877	2.7100
Fibonacci	2.5963	2.6138	2.6246	2.6421	2.6596	2.6704	2.6879

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	2.5405	2.5800	2.6053	2.6448	2.6701	2.7096	2.7349
Camarilla	2.6127	2.6186	2.6246	2.6305	2.6364	2.6424	2.6483
Woodie	2.5333	2.5765	2.5981	2.6413	2.6629	2.7061	2.7277
Fibonacci	2.5800	2.6048	2.6201	2.6448	2.6696	2.6849	2.7096

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):	60.26
MACD (12,26,9):	0.0031
Directional Movement:	4.9375
AROON (14):	-14.2857
DEMA (21):	2.6693
Parabolic SAR (0,02-0,02-0,2):	2.6708
Elder Ray (13):	0.0014
Super Trend (3,10):	2.6548
Zig ZAG (10):	2.6696
VORTEX (21):	1.1121
Stochastique (14,3,5):	35.09
TEMA (21):	2.6682
Williams %R (14):	-41.33
Chande Momentum Oscillator (20):	0.0047
Repulse (5,40,3):	0.2174
ROCnROLL:	1
TRIX (15,9):	0.0227
Courbe Coppock:	0.13

MA7:	2.6463
MA20:	2.6511
MA50:	2.6335
MA100:	2.6272
MAexp7:	2.6666
MAexp20:	2.6645
MAexp50:	2.6571
MAexp100:	2.6509
Price / MA7:	+0.89%
Price / MA20:	+0.71%
Price / MA50:	+1.38%
Price / MA100:	+1.63%
Price / MAexp7:	+0.12%
Price / MAexp20:	+0.20%
Price / MAexp50:	+0.48%
Price / MAexp100:	+0.72%

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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