CAD/PLN
0.8996
PLN
(-0.21%)
03/28/2025 - 21:27
Closed Real time data - Forex
| Open: | 0.9015 |
| Change: | -0.0019 |
| Volume: | 66,263 |
| Low: | 0.8971 |
| High: | 0.9029 |
| High / Low range: | 0.0058 |
| Type: | Forex |
| Ticker: | CADPLN |
| ISIN: |
CAD/PLN - 1H - Technical analysis published on 07/20/2022 (GMT)
- 149
- 0
- 07/20/2022 - 08:50
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- Timeframe : 1H
- - Analysis generated on 07/20/2022 - 08:50
- Status : INVALID
Analysis too old. There are no more charts available.
Summary of the analysis
Trends
Short term:
Neutral
Underlying:
Bearish
Technical indicators
44%
11%
44%
My opinion
Bearish under 3.6291 PLN
My targets
3.6043 PLN (-0.0084)
3.5802 PLN (-0.0325)
My analysis
Has the basic bearish trend slowed or is it lacking in power? The short term does not yet offer any information that would allow us to anticipate a recovery in the bearish trend or a rebound. Sellers' generally have the upper hand, even if a small correction (not tradeable) on the resistance located at 3.6291 PLN remains possible. It is advisable to trade CAD/PLN with the greatest caution, while favouring short positions (for sale) as long as the price remains well below 3.6291 PLN. The next bearish objective for sellers is set at 3.6043 PLN. A bearish break of this support would revive the bearish momentum. The sellers could then target the support located at 3.5802 PLN. In case of crossing, the next objective would be the support located at 3.4587 PLN. PS: if there is a bullish break in the resistance located at 3.6291 PLN we suggest that you produce a new automated technical analysis. In fact, conditions should have changed. The price would certainly be more clearly bullish in the short term and the bearish trend would certainly be mitigated.
Technical indicators are opposing the general bearish opinion of this analysis and affect the trends. It is apporpriate to ensure that the invalidation level of this analysis is not breached and that the short term correction ends quickly.
Force
0
10
1.4
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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/PLN rating 3.6127 PLN. The price registered an increase of +0.00% on the session and was traded between 3.5942 PLN and 3.6164 PLN over the period. The price is currently at +0.51% from its lowest and -0.10% from its highest.3.5942
3.6164
3.6127
The Central Gaps scanner detects a bullish opening marking the presence of buyers ahead of sellers at the opening but not sufficiently marked to allow the price to register a quotation gap.
Bullish opening
Type : Bullish
Timeframe : Openning
Here is a more detailed summary of the historical variations registered by CAD/PLN:
Near a new HIGH record (5 years)
Type : Bullish
Timeframe : Weekly
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 HIGH record (1 month)
Type : Bullish
Timeframe : Weekly
Technical
Technical analysis of CAD/PLN in 1H shows an overall bearish trend. 71.43% of the signals given by moving averages are bearish. Caution: as the signals currently given by short-term moving averages are rather neutral, the bearish trend could slow down. The Central Indicators market scanner is currently detecting a bullish signal that could impact this trend:
Bullish price crossover with Moving Average 20
Type : Bullish
Timeframe : 1 hour
An assessment of technical indicators shows a slightly bullish signal.
Other results related to technical indicators were also found by the Central Indicators scanner:
Parabolic SAR indicator bullish reversal
Type : Bullish
Timeframe : 1 hour
Momentum indicator is back over 0
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
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 3.4587 | 3.5802 | 3.6043 | 3.6127 | 3.6291 | 3.6627 | 3.6794 |
| Change (%) | -4.26% | -0.90% | -0.23% | - | +0.45% | +1.38% | +1.85% |
| Change | -0.1540 | -0.0325 | -0.0084 | - | +0.0164 | +0.0500 | +0.0667 |
| Level | Major | Intermediate | Minor | - | Minor | Minor | Minor |
Attention could also be paid to pivot points to set price objectives:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 3.4981 | 3.5367 | 3.5748 | 3.6134 | 3.6515 | 3.6901 | 3.7282 |
| Camarilla | 3.5917 | 3.5987 | 3.6058 | 3.6128 | 3.6198 | 3.6269 | 3.6339 |
| Woodie | 3.4978 | 3.5366 | 3.5745 | 3.6133 | 3.6512 | 3.6900 | 3.7279 |
| Fibonacci | 3.5367 | 3.5660 | 3.5841 | 3.6134 | 3.6427 | 3.6608 | 3.6901 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 3.4899 | 3.5525 | 3.5961 | 3.6587 | 3.7023 | 3.7649 | 3.8085 |
| Camarilla | 3.6106 | 3.6203 | 3.6301 | 3.6398 | 3.6495 | 3.6593 | 3.6690 |
| Woodie | 3.4805 | 3.5478 | 3.5867 | 3.6540 | 3.6929 | 3.7602 | 3.7991 |
| Fibonacci | 3.5525 | 3.5930 | 3.6181 | 3.6587 | 3.6992 | 3.7243 | 3.7649 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 3.2614 | 3.3160 | 3.4004 | 3.4550 | 3.5394 | 3.5940 | 3.6784 |
| Camarilla | 3.4466 | 3.4593 | 3.4721 | 3.4848 | 3.4975 | 3.5103 | 3.5230 |
| Woodie | 3.2763 | 3.3235 | 3.4153 | 3.4625 | 3.5543 | 3.6015 | 3.6933 |
| Fibonacci | 3.3160 | 3.3691 | 3.4019 | 3.4550 | 3.5081 | 3.5409 | 3.5940 |
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): | 49.30 | |
| MACD (12,26,9): | -0.0026 | |
| Directional Movement: | -7.6585 | |
| AROON (14): | -14.2857 | |
| DEMA (21): | 3.6061 | |
| Parabolic SAR (0,02-0,02-0,2): | 3.6160 | |
| Elder Ray (13): | -0.0020 | |
| Super Trend (3,10): | 3.6184 | |
| Zig ZAG (10): | 3.6119 | |
| VORTEX (21): | 1.1536 | |
| Stochastique (14,3,5): | 56.44 | |
| TEMA (21): | 3.6091 | |
| Williams %R (14): | -20.27 | |
| Chande Momentum Oscillator (20): | 0.0030 | |
| Repulse (5,40,3): | 0.3186 | |
| ROCnROLL: | -1 | |
| TRIX (15,9): | -0.0159 | |
| Courbe Coppock: | 0.22 |
| MA7: | 3.6499 | |
| MA20: | 3.5683 | |
| MA50: | 3.4757 | |
| MA100: | 3.4447 | |
| MAexp7: | 3.6097 | |
| MAexp20: | 3.6105 | |
| MAexp50: | 3.6200 | |
| MAexp100: | 3.6325 | |
| Price / MA7: | -1.02% | |
| Price / MA20: | +1.24% | |
| Price / MA50: | +3.94% | |
| Price / MA100: | +4.88% | |
| Price / MAexp7: | +0.09% | |
| Price / MAexp20: | +0.07% | |
| Price / MAexp50: | -0.19% | |
| Price / MAexp100: | -0.53% |
Quotes :
07/20/2022 - 08:50
-
Real time data
-
Forex
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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