CHF/CZK - 1H - Technical analysis published on 10/06/2023 (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:
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
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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:
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:
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:
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
S3 | S2 | S1 | Price | R1 | R2 | R3 | |
---|---|---|---|---|---|---|---|
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 |
---|---|---|---|---|---|---|---|
Standard | 25.154 | 25.210 | 25.300 | 25.356 | 25.446 | 25.502 | 25.592 |
Camarilla | 25.349 | 25.362 | 25.376 | 25.389 | 25.402 | 25.416 | 25.429 |
Woodie | 25.170 | 25.219 | 25.316 | 25.365 | 25.462 | 25.511 | 25.608 |
Fibonacci | 25.210 | 25.266 | 25.301 | 25.356 | 25.412 | 25.447 | 25.502 |
Weekly
Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
---|---|---|---|---|---|---|---|
Standard | 24.935 | 25.028 | 25.130 | 25.223 | 25.325 | 25.418 | 25.520 |
Camarilla | 25.177 | 25.195 | 25.213 | 25.231 | 25.249 | 25.267 | 25.285 |
Woodie | 24.939 | 25.030 | 25.134 | 25.225 | 25.329 | 25.420 | 25.524 |
Fibonacci | 25.028 | 25.103 | 25.149 | 25.223 | 25.298 | 25.344 | 25.418 |
Monthly
Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
---|---|---|---|---|---|---|---|
Standard | 24.248 | 24.681 | 24.956 | 25.389 | 25.664 | 26.097 | 26.372 |
Camarilla | 25.036 | 25.101 | 25.166 | 25.231 | 25.296 | 25.361 | 25.426 |
Woodie | 24.169 | 24.642 | 24.877 | 25.350 | 25.585 | 26.058 | 26.293 |
Fibonacci | 24.681 | 24.952 | 25.119 | 25.389 | 25.660 | 25.827 | 26.097 |
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
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Forex
This member declared not having a position on this financial instrument or a related financial instrument.
About author
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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