CHF/CZK
CHF CZK
- CZK (-)
- Real time data - Forex
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Change: -
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Type: Forex
Ticker: CHFCZK
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CHF/CZK - 1H - Technical analysis published on 10/06/2023 (GMT)

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  • Timeframe : 1H
  • - Analysis generated on
  • Status : TARGET REACHED

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Summary of the analysis

Trends
Short term: Bullish
Underlying: Bullish
Technical indicators
56%
11%
33%
My opinion
Bullish above 25.303 CZK
My targets
25.437 CZK (+0.052)
25.506 CZK (+0.121)
My analysis
A bullish trend on CHF/CZK both in substance and in the short term. A purchase could be considered as long as the price remains above 25.303 CZK. Each resistance break is a strong signal that the current trend will continue. The first bullish objective would be 25.437 CZK. Then the price could move towards 25.506 CZK. Then 25.646 CZK by extension. Be careful, a return below 25.303 CZK would be a sign of the trend weakening and a possible correction phase could then occur. In this case, you could keep away while waiting for a signal that the basic trend will resume. Trading against the trend could be riskier.

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
0
10
5.4

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:
15 min. Daily Weekly

Additional analysis

Quotes

The CHF/CZK rating is 25.385 CZK. The price is lower by -0.02% since the last closing with the lowest point at 25.372 CZK and the highest point at 25.421 CZK. The deviation from the price is +0.05% for the low point and -0.14% for the high point.

25.372
25.421
25.385

A study of price movements over other periods shows the following variations:
The study of the highest / lowest by the Central Records scanner shows the following results:

Central Records

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 this 1H chart of CHF/CZK indicates that the overall trend is bullish. 75.00% of the signals given by moving averages are bullish. The overall trend seems to be showing some signs of weakness, as do the tentative bullish signals given by short-term moving averages. There is no crossing of moving average by the price or crossing of moving averages between themselves.

The technical indicators are bullish. There is still some doubt about the price increase.
Other results related to technical indicators were also found by the Central Indicators scanner:

Central Indicators

Pivot points : price is over resistance 1

Type : Neutral

Timeframe : Weekly


Momentum indicator is back over 0

Type : Bullish

Timeframe : 1 hour



The Central Patterns scanner, which studies chart patterns, resistances and supports, has identified these signals:

Central Patterns

Near horizontal resistance

Type : Bearish

Timeframe : 1 hour


Resistance of channel is broken

Type : Bullish

Timeframe : 1 hour



The Central Candlesticks scanner which studies Japanese candlesticks did not detect anything.


ProTrendLines
S3
S2
S1
R1
R2
R3
Price


S3S2S1PriceR1R2R3
ProTrendLines 25.268 25.303 25.366 25.385 25.437 25.506 25.646
Change (%) -0.46% -0.32% -0.07% - +0.20% +0.48% +1.03%
Change -0.117 -0.082 -0.019 - +0.052 +0.121 +0.261
Level Major Intermediate Minor - Minor Intermediate Major



Attention could also be paid to pivot points to set price objectives:

Daily
Pivot points S3 S2 S1 PP R1 R2 R3
Standard25.15425.21025.30025.35625.44625.50225.592
Camarilla25.34925.36225.37625.38925.40225.41625.429
Woodie25.17025.21925.31625.36525.46225.51125.608
Fibonacci25.21025.26625.30125.35625.41225.44725.502


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard24.93525.02825.13025.22325.32525.41825.520
Camarilla25.17725.19525.21325.23125.24925.26725.285
Woodie24.93925.03025.13425.22525.32925.42025.524
Fibonacci25.02825.10325.14925.22325.29825.34425.418


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard24.24824.68124.95625.38925.66426.09726.372
Camarilla25.03625.10125.16625.23125.29625.36125.426
Woodie24.16924.64224.87725.35025.58526.05826.293
Fibonacci24.68124.95225.11925.38925.66025.82726.097

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): 56.30
MACD (12,26,9): 0.0120
Directional Movement: 5.302
AROON (14): 78.571
DEMA (21): 25.397
Parabolic SAR (0,02-0,02-0,2): 25.376
Elder Ray (13): 0.007
Super Trend (3,10): 25.313
Zig ZAG (10): 25.392
VORTEX (21): 1.0900
Stochastique (14,3,5): 53.68
TEMA (21): 25.403
Williams %R (14): -59.18
Chande Momentum Oscillator (20): 0.008
Repulse (5,40,3): -0.0220
ROCnROLL: 1
TRIX (15,9): 0.0070
Courbe Coppock: 0.09
MA7: 25.336
MA20: 25.405
MA50: 25.286
MA100: 24.881
MAexp7: 25.391
MAexp20: 25.383
MAexp50: 25.367
MAexp100: 25.348
Price / MA7: +0.19%
Price / MA20: -0.08%
Price / MA50: +0.39%
Price / MA100: +2.03%
Price / MAexp7: -0.02%
Price / MAexp20: +0.01%
Price / MAexp50: +0.07%
Price / MAexp100: +0.15%

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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