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CHF/CZK
CHF CZK
- CZK (-)
- Real time data - Forex
Open: -
Change: -
Volume: -
Low: -
High: -
High / Low range: -
Type: Forex
Ticker: CHFCZK
ISIN:

CHF/CZK - 1H - Technical analysis published on 10/15/2024 (GMT)

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  • Timeframe : 1H
  • - Analysis generated on
  • Status : LEVEL MAINTAINED

Summary of the analysis

Trends
Short term: Bearish
Underlying: Strongly bearish
Technical indicators
22%
33%
44%
My opinion
Bearish under 26.878 CZK
My targets
26.787 CZK (-0.054)
26.740 CZK (-0.101)
My analysis
The bearish basic trend is very strong on CHF/CZK but the short term shows some signs of running out of steam. However, a sale could be considered as long as the price remains below 26.878 CZK. Crossing the first support at 26.787 CZK would be a sign of a further potential price plummet. Sellers would then use the next support located at 26.740 CZK as an objective. Crossing it would then enable sellers to target 26.358 CZK. Caution, a return to above the resistance located at 26.878 CZK would be a sign of a possible consolidation phase of the short-term basic trend. If this is the case, remember that trading against the trend may be riskier. It would seem more appropriate to wait for a signal indicating reversal of the trend.

Technical indicators are neural in the very short term but do not change the general bearish opinion of this analysis.
Force
0
10
5.7

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.

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15 min. Daily Weekly

Additional analysis

Quotes

The CHF/CZK price is 26.841 CZK. The price registered a decrease of -0.02% on the session and was between 26.812 CZK and 26.913 CZK. This implies that the price is at +0.11% from its lowest and at -0.27% from its highest.

26.812
26.913
26.841

Here is a more detailed summary of the historical variations registered by CHF/CZK:
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 LOW record (1 month)

Type : Bearish

Timeframe : Weekly



Technical


A technical analysis in 1H of this CHF/CZK chart shows a sharp bearish trend. 89.29% of the signals given by moving averages are bearish. This strongly bearish trend is showing signs of slowing down given the slightly bearish signals given by short-term moving averages. The Central Indicators scanner does not detect any result on moving averages that would impact this trend.

In fact, Central Analyzer took into account 18 technical indicators and the result was as follows: 4 are bullish, 8 are neutral and 6 are bearish. Caution: the Central Indicators scanner currently detects an excess:

Central Indicators

Williams %R indicator is oversold : under -80

Type : Neutral

Timeframe : 1 hour

Central Indicators, the scanner specialised in technical indicators, has identified this signal:

Central Indicators

Price is back under the pivot point

Type : Bearish

Timeframe : Weekly



Central Patterns, the market scanner focusing on chart patterns, resistances and supports found this result:

Central Patterns

Near support of channel

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 26.740 26.787 26.821 26.841 26.878 26.949 27.024
Change (%) -0.38% -0.20% -0.07% - +0.14% +0.40% +0.68%
Change -0.101 -0.054 -0.020 - +0.037 +0.108 +0.183
Level Minor Intermediate Intermediate - Intermediate Minor Minor



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

Daily
Pivot points S3 S2 S1 PP R1 R2 R3
Standard26.45626.62226.73426.90027.01227.17827.290
Camarilla26.77126.79626.82226.84726.87326.89826.924
Woodie26.43026.60926.70826.88726.98627.16527.264
Fibonacci26.62226.72826.79426.90027.00627.07227.178


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard26.37326.55626.76826.95127.16327.34627.558
Camarilla26.87026.90726.94326.97927.01527.05127.088
Woodie26.38726.56326.78226.95827.17727.35327.572
Fibonacci26.55626.70726.80026.95127.10227.19527.346


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard25.88226.12226.45626.69627.03027.27027.604
Camarilla26.63226.68526.73726.79026.84326.89526.948
Woodie25.92926.14626.50326.72027.07727.29427.651
Fibonacci26.12226.34126.47726.69626.91527.05127.270

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): 42.52
MACD (12,26,9): -0.0160
Directional Movement: -0.869
AROON (14): -14.285
DEMA (21): 26.833
Parabolic SAR (0,02-0,02-0,2): 26.905
Elder Ray (13): -0.006
Super Trend (3,10): 26.916
Zig ZAG (10): 26.844
VORTEX (21): 1.0830
Stochastique (14,3,5): 26.07
TEMA (21): 26.839
Williams %R (14): -73.27
Chande Momentum Oscillator (20): -0.003
Repulse (5,40,3): -0.0820
ROCnROLL: 2
TRIX (15,9): -0.0120
Courbe Coppock: 0.06
MA7: 26.945
MA20: 26.804
MA50: 26.691
MA100: 26.354
MAexp7: 26.845
MAexp20: 26.858
MAexp50: 26.897
MAexp100: 26.926
Price / MA7: -0.39%
Price / MA20: +0.14%
Price / MA50: +0.56%
Price / MA100: +1.85%
Price / MAexp7: -0.01%
Price / MAexp20: -0.06%
Price / MAexp50: -0.21%
Price / MAexp100: -0.32%

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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