CHF/PLN - 1H - Technical analysis published on 11/23/2023 (GMT)
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- Timeframe : 1H
- - Analysis generated on
- Status : LEVEL MAINTAINED
Analysis too old. There are no more charts available.
Summary of the analysis
Trends
Short term:
Neutral
Underlying:
Bullish
Technical indicators
17%
22%
61%
My opinion
Bullish above 4.5224 PLN
My targets
4.5465 PLN (+0.0108)
4.5793 PLN (+0.0436)
My analysis
We are currently in a phase of short-term indecision. In a case like this, you could favour trades in the direction of the basic trend on CHF/PLN. As long as you are above the support located at 4.5224 PLN, traders with an aggressive trading strategy could consider a purchase. A cross of the resistance located at 4.5465 PLN would be a signal that the basic trade will reverse and the short-term trend could then quickly become bullish. Buyers would then use the next resistance located at 4.5793 PLN as an objective. Crossing it would then enable buyers to target 4.5945 PLN. If the support 4.5224 PLN were to be broken, this would simply be a sign of a possible continuation of short-term consolidation and trading against the trend would then perhaps be more risky.
In the very short term, the general bullish sentiment is not called into question, despite technical indicators being indecisive.
Force
0
10
1.6
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This analysis was given by Londinia. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
The CHF/PLN rating is 4.5357 PLN. The price has increased by +0.00% since the last closing with the lowest point at 4.5340 PLN and the highest point at 4.5420 PLN. The deviation from the price is +0.04% for the low point and -0.14% for the high point.4.5340
4.5420
4.5357
The Central Gaps scanner detects a bearish opening. A small advantage for sellers in the very short term.
Bearish opening
Type : Bearish
Timeframe : Openning
A study of price movements over other periods shows the following variations:
Near a new LOW record (1 year)
Type : Bearish
Timeframe : Weekly
Near a new LOW record (1st january)
Type : Bearish
Timeframe : Weekly
Near a new HIGH record (1 month)
Type : Bullish
Timeframe : Weekly
Technical
A technical analysis in 1H of this CHF/PLN chart shows a bullish trend. 64.29% of the signals given by moving averages are bullish. Caution: the neutral signals currently given by short-term moving averages show us that the global trend is losing momentum. The Central Indicators scanner detects bullish and bearish signals on moving averages that could impact this trend:
Bearish trend reversal : adaptative moving average 20
Type : Bearish
Timeframe : 1 hour
Bullish price crossover with adaptative moving average 20
Type : Bullish
Timeframe : 1 hour
In fact, of the 18 technical indicators analysed by Central Analyzer, 3 are bullish, 11 are neutral and 4 are bearish. No additional result has been identified by Central Indicators, the scanner specialised in technical indicators.
Central Patterns, the scanner specializing in chart patterns, did not identify any signals.
There is also a Japanese candlestick pattern detected by Central Candlesticks that could mark the end of the current short-term trend:
Doji
Type : Neutral
Timeframe : 1 hour
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 4.5114 | 4.5224 | 4.5329 | 4.5357 | 4.5465 | 4.5793 | 4.5945 |
| Change (%) | -0.54% | -0.29% | -0.06% | - | +0.24% | +0.96% | +1.30% |
| Change | -0.0243 | -0.0133 | -0.0028 | - | +0.0108 | +0.0436 | +0.0588 |
| Level | Major | Intermediate | Intermediate | - | Major | Intermediate | Minor |
Attention could also be paid to pivot points to set price objectives:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 4.4999 | 4.5112 | 4.5235 | 4.5348 | 4.5471 | 4.5584 | 4.5707 |
| Camarilla | 4.5294 | 4.5316 | 4.5337 | 4.5359 | 4.5381 | 4.5402 | 4.5424 |
| Woodie | 4.5005 | 4.5115 | 4.5241 | 4.5351 | 4.5477 | 4.5587 | 4.5713 |
| Fibonacci | 4.5112 | 4.5202 | 4.5258 | 4.5348 | 4.5438 | 4.5494 | 4.5584 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 4.4204 | 4.4703 | 4.5040 | 4.5539 | 4.5876 | 4.6375 | 4.6712 |
| Camarilla | 4.5146 | 4.5223 | 4.5299 | 4.5376 | 4.5453 | 4.5529 | 4.5606 |
| Woodie | 4.4122 | 4.4663 | 4.4958 | 4.5499 | 4.5794 | 4.6335 | 4.6630 |
| Fibonacci | 4.4703 | 4.5023 | 4.5220 | 4.5539 | 4.5859 | 4.6056 | 4.6375 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 4.3436 | 4.4784 | 4.5539 | 4.6887 | 4.7642 | 4.8990 | 4.9745 |
| Camarilla | 4.5715 | 4.5908 | 4.6100 | 4.6293 | 4.6486 | 4.6679 | 4.6871 |
| Woodie | 4.3139 | 4.4636 | 4.5242 | 4.6739 | 4.7345 | 4.8842 | 4.9448 |
| Fibonacci | 4.4784 | 4.5588 | 4.6084 | 4.6887 | 4.7691 | 4.8187 | 4.8990 |
Numerical data
The following is the status of technical indicators and moving averages registered at the time this technical analysis was created:
Technical indicators
Moving averages
| RSI (14): | 50.93 | |
| MACD (12,26,9): | 0.0013 | |
| Directional Movement: | -7.4746 | |
| AROON (14): | 14.2857 | |
| DEMA (21): | 4.5384 | |
| Parabolic SAR (0,02-0,02-0,2): | 4.5439 | |
| Elder Ray (13): | -0.0010 | |
| Super Trend (3,10): | 4.5226 | |
| Zig ZAG (10): | 4.5361 | |
| VORTEX (21): | 0.9816 | |
| Stochastique (14,3,5): | 58.22 | |
| TEMA (21): | 4.5365 | |
| Williams %R (14): | -45.29 | |
| Chande Momentum Oscillator (20): | -0.0027 | |
| Repulse (5,40,3): | 0.0253 | |
| ROCnROLL: | -1 | |
| TRIX (15,9): | 0.0073 | |
| Courbe Coppock: | 0.04 |
| MA7: | 4.5332 | |
| MA20: | 4.5897 | |
| MA50: | 4.6916 | |
| MA100: | 4.6791 | |
| MAexp7: | 4.5363 | |
| MAexp20: | 4.5359 | |
| MAexp50: | 4.5320 | |
| MAexp100: | 4.5339 | |
| Price / MA7: | +0.06% | |
| Price / MA20: | -1.18% | |
| Price / MA50: | -3.32% | |
| Price / MA100: | -3.06% | |
| Price / MAexp7: | -0.01% | |
| Price / MAexp20: | +0.00% | |
| Price / MAexp50: | +0.08% | |
| Price / MAexp100: | +0.04% |
Quotes :
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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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