CHF/CZK - 1H - Technical analysis published on 12/20/2023 (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:
Strongly bullish
Technical indicators
33%
22%
44%
My opinion
Bullish above 25.875 CZK
My targets
25.976 CZK (+0.028)
26.229 CZK (+0.281)
My analysis
All elements being clearly bullish, it would be possible for traders to trade only long positions (at the time of purchase) on CHF/CZK as long as the price remains well above 25.875 CZK. The buyers' bullish objective is set at 25.976 CZK. A bullish break in this resistance would boost the bullish momentum. The buyers could then target the resistance located at 26.229 CZK. If there is any crossing, the next objective would be the resistance located at 26.358 CZK. Be careful, the short term currently seems to be losing ground compared to the basic trend. Longer time units should be analysed to identify possible overbought items that could be a sign of a possible short-term correction.
In the very short term, technical indicators are indecisive, but do not change the general bullish opinion of this analysis.
Force
0
10
4.6
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This analysis was given by Londinia. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
CHF/CZK rating 25.948 CZK. The price registered a decrease of -0.03% on the session and was between 25.910 CZK and 26.021 CZK. This implies that the price is at +0.15% from its lowest and at -0.28% from its highest.25.910
26.021
25.948
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
So that you have an overall view of the price change, here is a table showing the variations over several periods:
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
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 strongly bullish. 82.14% of the signals given by moving averages are bullish. The slightly bullish signals given by the short-term moving averages show a weakening of the global trend. There is no crossing of moving average by the price or crossing of moving averages between themselves.
An assessment of technical indicators does not currently provide any relevant information to suggest whether the signal given by the technical indicators is more bullish or bearish.
Other results related to technical indicators were also found by the Central Indicators scanner:
RSI indicator is back over 50
Type : Bullish
Timeframe : 1 hour
Price is back over the pivot point
Type : Bullish
Timeframe : Weekly
The analysis of the price chart with Central Patterns scanners does not return any result.
No result was found by the Central Candlesticks scanner on Japanese candlesticks.
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 25.530 | 25.646 | 25.875 | 25.948 | 25.976 | 26.358 | 28.151 |
| Change (%) | -1.61% | -1.16% | -0.28% | - | +0.11% | +1.58% | +8.49% |
| Change | -0.418 | -0.302 | -0.073 | - | +0.028 | +0.410 | +2.203 |
| Level | Minor | Major | Intermediate | - | Major | Intermediate | Intermediate |
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 | 25.652 | 25.736 | 25.845 | 25.929 | 26.038 | 26.122 | 26.231 |
| Camarilla | 25.902 | 25.920 | 25.937 | 25.955 | 25.973 | 25.990 | 26.008 |
| Woodie | 25.666 | 25.742 | 25.859 | 25.935 | 26.052 | 26.128 | 26.245 |
| Fibonacci | 25.736 | 25.809 | 25.855 | 25.929 | 26.002 | 26.048 | 26.122 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 25.132 | 25.331 | 25.581 | 25.780 | 26.030 | 26.229 | 26.479 |
| Camarilla | 25.708 | 25.749 | 25.790 | 25.831 | 25.872 | 25.913 | 25.955 |
| Woodie | 25.158 | 25.344 | 25.607 | 25.793 | 26.056 | 26.242 | 26.505 |
| Fibonacci | 25.331 | 25.503 | 25.609 | 25.780 | 25.952 | 26.058 | 26.229 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 24.410 | 24.744 | 25.133 | 25.467 | 25.856 | 26.190 | 26.579 |
| Camarilla | 25.322 | 25.389 | 25.455 | 25.521 | 25.587 | 25.654 | 25.720 |
| Woodie | 24.437 | 24.758 | 25.160 | 25.481 | 25.883 | 26.204 | 26.606 |
| Fibonacci | 24.744 | 25.021 | 25.191 | 25.467 | 25.744 | 25.914 | 26.190 |
Numerical data
The following is the status of the technical indicators and moving averages at the time of publication of this technical analysis:
Technical indicators
Moving averages
| RSI (14): | 51.19 | |
| MACD (12,26,9): | 0.0000 | |
| Directional Movement: | 5.907 | |
| AROON (14): | -35.714 | |
| DEMA (21): | 25.947 | |
| Parabolic SAR (0,02-0,02-0,2): | 25.911 | |
| Elder Ray (13): | 0.008 | |
| Super Trend (3,10): | 25.891 | |
| Zig ZAG (10): | 25.947 | |
| VORTEX (21): | 0.9800 | |
| Stochastique (14,3,5): | 34.74 | |
| TEMA (21): | 25.934 | |
| Williams %R (14): | -62.11 | |
| Chande Momentum Oscillator (20): | -0.012 | |
| Repulse (5,40,3): | -0.0450 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | 0.0020 | |
| Courbe Coppock: | 0.21 |
| MA7: | 25.850 | |
| MA20: | 25.651 | |
| MA50: | 25.663 | |
| MA100: | 25.494 | |
| MAexp7: | 25.941 | |
| MAexp20: | 25.945 | |
| MAexp50: | 25.926 | |
| MAexp100: | 25.888 | |
| Price / MA7: | +0.38% | |
| Price / MA20: | +1.16% | |
| Price / MA50: | +1.11% | |
| Price / MA100: | +1.78% | |
| Price / MAexp7: | +0.03% | |
| Price / MAexp20: | +0.01% | |
| Price / MAexp50: | +0.08% | |
| Price / MAexp100: | +0.23% |
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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