CHF/PLN - Daily - Technical analysis published on 03/17/2023 (GMT)
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- Timeframe : Daily
- - Analysis generated on
- Status : INVALID
Summary of the analysis
Trends
Short term:
Bullish
Underlying:
Bullish
Technical indicators
72%
6%
22%
My opinion
Bullish above 4.7153 PLN
My targets
4.8550 PLN (+0.0910)
4.9113 PLN (+0.1473)
My analysis
A bullish trend on CHF/PLN both in substance and in the short term. A purchase could be considered as long as the price remains above 4.7153 PLN. Each resistance break is a strong signal that the current trend will continue. The first bullish objective would be 4.8550 PLN. Then the price could move towards 4.9113 PLN. Then 4.9520 PLN by extension. Be careful, a return below 4.7153 PLN 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
6.4
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This analysis was given by Londinia. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
The CHF/PLN rating is 4.7640 PLN. The price registered an increase of +0.00% on the session with the lowest point at 4.7626 PLN and the highest point at 4.7646 PLN. The deviation from the price is +0.03% for the low point and -0.01% for the high point.4.7626
4.7646
4.7640
The Central Gaps scanner detects a bearish opening marking the presence of sellers ahead of buyers at the opening but not sufficiently marked to allow the price to register a quotation gap.
Bearish opening
Type : Bearish
Timeframe : Openning
Here is a more detailed summary of the historical variations registered by CHF/PLN:
Near a new HIGH record (1st january)
Type : Bullish
Timeframe : Weekly
Near a new LOW record (1 month)
Type : Bearish
Timeframe : Weekly
Technical
Technical analysis of CHF/PLN in Daily shows an overall bullish trend. 78.57% of the signals given by moving averages are bullish. This bullish trend shows slight signs of slowing down given the slightly bullish signals given by the short-term moving averages. The Central Indicators market scanner currently does not detect any result that concerns moving averages.
In fact, 13 technical indicators on 18 studied are currently positioned bullish. The Central Indicators scanner found no further results concerning independent technical indicators.
Central Patterns, the market scanner focusing on chart patterns, resistances and supports found this result:
Near horizontal support
Type : Bullish
Timeframe : Daily
The Central Candlesticks scanner, specialised in Japanese candlesticks, did not identify any signals.
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 4.6635 | 4.7153 | 4.7557 | 4.7640 | 4.8550 | 4.9113 | 4.9520 |
| Change (%) | -2.11% | -1.02% | -0.17% | - | +1.91% | +3.09% | +3.95% |
| Change | -0.1005 | -0.0487 | -0.0083 | - | +0.0910 | +0.1473 | +0.1880 |
| Level | Intermediate | Major | Minor | - | Intermediate | Minor | 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 | 4.7090 | 4.7326 | 4.7484 | 4.7720 | 4.7878 | 4.8114 | 4.8272 |
| Camarilla | 4.7533 | 4.7569 | 4.7605 | 4.7641 | 4.7677 | 4.7713 | 4.7749 |
| Woodie | 4.7050 | 4.7307 | 4.7444 | 4.7701 | 4.7838 | 4.8095 | 4.8232 |
| Fibonacci | 4.7326 | 4.7477 | 4.7570 | 4.7720 | 4.7871 | 4.7964 | 4.8114 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 4.6433 | 4.6727 | 4.7230 | 4.7524 | 4.8027 | 4.8321 | 4.8824 |
| Camarilla | 4.7513 | 4.7586 | 4.7659 | 4.7732 | 4.7805 | 4.7878 | 4.7951 |
| Woodie | 4.6537 | 4.6779 | 4.7334 | 4.7576 | 4.8131 | 4.8373 | 4.8928 |
| Fibonacci | 4.6727 | 4.7032 | 4.7220 | 4.7524 | 4.7829 | 4.8017 | 4.8321 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 4.4668 | 4.5771 | 4.6506 | 4.7609 | 4.8344 | 4.9447 | 5.0182 |
| Camarilla | 4.6736 | 4.6904 | 4.7073 | 4.7241 | 4.7410 | 4.7578 | 4.7747 |
| Woodie | 4.4484 | 4.5679 | 4.6322 | 4.7517 | 4.8160 | 4.9355 | 4.9998 |
| Fibonacci | 4.5771 | 4.6473 | 4.6907 | 4.7609 | 4.8311 | 4.8745 | 4.9447 |
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): | 51.18 | |
| MACD (12,26,9): | 0.0018 | |
| Directional Movement: | 12.8588 | |
| AROON (14): | 64.2857 | |
| DEMA (21): | 4.7607 | |
| Parabolic SAR (0,02-0,02-0,2): | 4.7078 | |
| Elder Ray (13): | 0.0036 | |
| Super Trend (3,10): | 4.8055 | |
| Zig ZAG (10): | 4.7629 | |
| VORTEX (21): | 0.9354 | |
| Stochastique (14,3,5): | 59.25 | |
| TEMA (21): | 4.7601 | |
| Williams %R (14): | -42.62 | |
| Chande Momentum Oscillator (20): | 0.1016 | |
| Repulse (5,40,3): | -0.5368 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | -0.0061 | |
| Courbe Coppock: | 0.16 |
| MA7: | 4.7715 | |
| MA20: | 4.7542 | |
| MA50: | 4.7492 | |
| MA100: | 4.7526 | |
| MAexp7: | 4.7644 | |
| MAexp20: | 4.7591 | |
| MAexp50: | 4.7579 | |
| MAexp100: | 4.7612 | |
| Price / MA7: | -0.16% | |
| Price / MA20: | +0.21% | |
| Price / MA50: | +0.31% | |
| Price / MA100: | +0.24% | |
| Price / MAexp7: | -0.02% | |
| Price / MAexp20: | +0.09% | |
| Price / MAexp50: | +0.11% | |
| Price / MAexp100: | +0.04% |
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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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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