CAD/ZAR - 1H - Technical analysis published on 09/05/2024 (GMT)
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- Timeframe : 1H
- - Analysis generated on
- Status : NEUTRAL
Analysis too old. There are no more charts available.
Summary of the analysis
Additional analysis
Quotes
CAD/ZAR rating 13.2337 ZAR. On the day, this instrument gained +0.00% and was between 13.2100 ZAR and 13.2417 ZAR. This implies that the price is at +0.18% from its lowest and at -0.06% from its highest.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:
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
Technical analysis of this 1H chart of CAD/ZAR indicates that the overall trend is slightly bullish. 57.14% of the signals given by moving averages are bullish. As the signals currently given by short-term moving averages are rather neutral, the overall trend could quickly return to neutral as well. An assessment of moving averages reveals several bullish signals that could impact this trend:
Bullish trend reversal : adaptative moving average 20
Type : Bullish
Timeframe : 1 hour
Bullish trend reversal : adaptative moving average 100
Type : Bullish
Timeframe : 1 hour
In fact, according to the parameters integrated into the Central Analyzer system, 11 technical indicators out of 18 analysed are currently bullish. But beware of excesses. The Central Indicators scanner currently detects this:
Williams %R indicator is overbought : over -20
Type : Neutral
Timeframe : 1 hour
RSI indicator is back under 50
Type : Bearish
Timeframe : 1 hour
The Central Patterns scanner, which studies chart patterns, resistances and supports, has identified this signal:
Near resistance of channel
Type : Bearish
Timeframe : 1 hour
Central Candlesticks, the scanner specialised in Japanese candlesticks, detects these signals that could have an impact on the current short-term trend:
Bearish harami
Type : Bearish
Timeframe : 1 hour
Doji
Type : Neutral
Timeframe : 1 hour
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 13.1329 | 13.1786 | 13.2040 | 13.2337 | 13.2409 | 13.2931 | 13.4158 |
| Change (%) | -0.76% | -0.42% | -0.22% | - | +0.05% | +0.45% | +1.38% |
| Change | -0.1008 | -0.0551 | -0.0297 | - | +0.0072 | +0.0594 | +0.1821 |
| Level | Minor | Intermediate | Intermediate | - | Minor | Major | Minor |
Pivot points can also be used to set your price objectives. Here is the price situation in relation to pivot points:
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 13.0411 | 13.1099 | 13.1720 | 13.2408 | 13.3029 | 13.3717 | 13.4338 |
| Camarilla | 13.1982 | 13.2102 | 13.2222 | 13.2342 | 13.2462 | 13.2582 | 13.2702 |
| Woodie | 13.0379 | 13.1082 | 13.1688 | 13.2391 | 13.2997 | 13.3700 | 13.4306 |
| Fibonacci | 13.1099 | 13.1599 | 13.1908 | 13.2408 | 13.2908 | 13.3217 | 13.3717 |
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 12.8938 | 12.9775 | 13.0995 | 13.1832 | 13.3052 | 13.3889 | 13.5109 |
| Camarilla | 13.1648 | 13.1837 | 13.2025 | 13.2214 | 13.2403 | 13.2591 | 13.2780 |
| Woodie | 12.9129 | 12.9871 | 13.1186 | 13.1928 | 13.3243 | 13.3985 | 13.5300 |
| Fibonacci | 12.9775 | 13.0561 | 13.1047 | 13.1832 | 13.2618 | 13.3104 | 13.3889 |
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 12.4261 | 12.6863 | 12.9539 | 13.2141 | 13.4817 | 13.7419 | 14.0095 |
| Camarilla | 13.0763 | 13.1246 | 13.1730 | 13.2214 | 13.2698 | 13.3182 | 13.3666 |
| Woodie | 12.4297 | 12.6882 | 12.9575 | 13.2160 | 13.4853 | 13.7438 | 14.0131 |
| Fibonacci | 12.6863 | 12.8880 | 13.0125 | 13.2141 | 13.4158 | 13.5403 | 13.7419 |
Numerical data
The following is the status of the technical indicators and moving averages at the time of publication of this technical analysis:
| RSI (14): | 48.99 | |
| MACD (12,26,9): | -0.0048 | |
| Directional Movement: | -1.2854 | |
| AROON (14): | 21.4286 | |
| DEMA (21): | 13.2240 | |
| Parabolic SAR (0,02-0,02-0,2): | 13.1913 | |
| Elder Ray (13): | 0.0032 | |
| Super Trend (3,10): | 13.2765 | |
| Zig ZAG (10): | 13.2303 | |
| VORTEX (21): | 0.9772 | |
| Stochastique (14,3,5): | 76.34 | |
| TEMA (21): | 13.2219 | |
| Williams %R (14): | -24.27 | |
| Chande Momentum Oscillator (20): | 0.0079 | |
| Repulse (5,40,3): | 0.0308 | |
| ROCnROLL: | -1 | |
| TRIX (15,9): | -0.0077 | |
| Courbe Coppock: | 0.13 |
| MA7: | 13.2222 | |
| MA20: | 13.1800 | |
| MA50: | 13.2575 | |
| MA100: | 13.3870 | |
| MAexp7: | 13.2290 | |
| MAexp20: | 13.2309 | |
| MAexp50: | 13.2345 | |
| MAexp100: | 13.2259 | |
| Price / MA7: | +0.09% | |
| Price / MA20: | +0.41% | |
| Price / MA50: | -0.18% | |
| Price / MA100: | -1.15% | |
| Price / MAexp7: | +0.03% | |
| Price / MAexp20: | +0.02% | |
| Price / MAexp50: | -0.01% | |
| Price / MAexp100: | +0.06% |
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