CAD/CZK - 1H - Technical analysis published on 03/27/2023 (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 bullish
Underlying:
Slightly bullish
Technical indicators
33%
22%
44%
My opinion
Bullish above 15.930 CZK
My targets
16.123 CZK (+0.100)
16.167 CZK (+0.144)
My analysis
The short-term increase currently reinforces the basic trend, which is only slightly bullish. It would be possible for traders to only trade long positions (at the time of purchase) on CAD/CZK as long as the price remains well above 15.930 CZK. The buyers' bullish objective is set at 16.123 CZK. A bullish break in this resistance would boost the bullish momentum. The buyers could then target the resistance located at 16.167 CZK. If there is any crossing, the next objective would be the resistance located at 16.272 CZK.
In the very short term, the general bullish sentiment is not called into question, despite technical indicators being indecisive.
Force
0
10
2.5
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This analysis was given by Londinia. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
CAD/CZK rating 16.023 CZK. The price is lower by -0.01% since the last closing with the lowest point at 15.976 CZK and the highest point at 16.035 CZK. The deviation from the price is +0.29% for the low point and -0.07% for the high point.15.976
16.035
16.023
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 LOW record (5 years)
Type : Bearish
Timeframe : Weekly
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
A technical analysis in 1H of this CAD/CZK chart shows a slightly bullish trend. Only 53.57% of the signals given by moving averages are bullish. This slightly bullish trend is reinforced by the strong signals currently being given by short-term moving averages. The Central Indicators scanner does not detect any result on moving averages that would impact this trend.
The technical indicators are generally neutral. They do not provide relevant information on the direction of future price movements.
The Central Indicators scanner specialised in technical indicators, has not detected anything further.
Central Patterns, the market scanner focusing on chart patterns, resistances and supports found these results:
Near resistance of channel
Type : Bearish
Timeframe : 1 hour
Near resistance of triangle
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
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 15.740 | 15.843 | 15.930 | 16.023 | 16.167 | 16.272 | 16.483 |
| Change (%) | -1.77% | -1.12% | -0.58% | - | +0.90% | +1.55% | +2.87% |
| Change | -0.283 | -0.180 | -0.093 | - | +0.144 | +0.249 | +0.460 |
| Level | Intermediate | Intermediate | Minor | - | Minor | Major | 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 | 15.699 | 15.789 | 15.915 | 16.005 | 16.131 | 16.221 | 16.347 |
| Camarilla | 15.982 | 16.001 | 16.021 | 16.041 | 16.061 | 16.081 | 16.100 |
| Woodie | 15.717 | 15.798 | 15.933 | 16.014 | 16.149 | 16.230 | 16.365 |
| Fibonacci | 15.789 | 15.872 | 15.923 | 16.005 | 16.088 | 16.139 | 16.221 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 15.120 | 15.482 | 15.761 | 16.123 | 16.402 | 16.764 | 17.043 |
| Camarilla | 15.865 | 15.924 | 15.982 | 16.041 | 16.100 | 16.159 | 16.217 |
| Woodie | 15.080 | 15.461 | 15.721 | 16.102 | 16.362 | 16.743 | 17.003 |
| Fibonacci | 15.482 | 15.727 | 15.878 | 16.123 | 16.368 | 16.519 | 16.764 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 15.652 | 15.934 | 16.110 | 16.392 | 16.568 | 16.850 | 17.026 |
| Camarilla | 16.161 | 16.203 | 16.245 | 16.287 | 16.329 | 16.371 | 16.413 |
| Woodie | 15.600 | 15.908 | 16.058 | 16.366 | 16.516 | 16.824 | 16.974 |
| Fibonacci | 15.934 | 16.109 | 16.217 | 16.392 | 16.567 | 16.675 | 16.850 |
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): | 55.80 | |
| MACD (12,26,9): | 0.0160 | |
| Directional Movement: | 5.603 | |
| AROON (14): | -35.714 | |
| DEMA (21): | 16.024 | |
| Parabolic SAR (0,02-0,02-0,2): | 16.047 | |
| Elder Ray (13): | 0.008 | |
| Super Trend (3,10): | 15.940 | |
| Zig ZAG (10): | 16.014 | |
| VORTEX (21): | 0.9790 | |
| Stochastique (14,3,5): | 59.60 | |
| TEMA (21): | 16.029 | |
| Williams %R (14): | -40.91 | |
| Chande Momentum Oscillator (20): | -0.009 | |
| Repulse (5,40,3): | -0.0070 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | 0.0190 | |
| Courbe Coppock: | 0.11 |
| MA7: | 16.107 | |
| MA20: | 16.188 | |
| MA50: | 16.353 | |
| MA100: | 16.717 | |
| MAexp7: | 16.015 | |
| MAexp20: | 16.001 | |
| MAexp50: | 15.988 | |
| MAexp100: | 16.035 | |
| Price / MA7: | -0.52% | |
| Price / MA20: | -1.02% | |
| Price / MA50: | -2.02% | |
| Price / MA100: | -4.15% | |
| Price / MAexp7: | +0.05% | |
| Price / MAexp20: | +0.14% | |
| Price / MAexp50: | +0.22% | |
| Price / MAexp100: | -0.07% |
Quotes :
-
Real time data
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Forex
This member declared not having a position on this financial instrument or a related financial instrument.
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