CHF/TRY - 1H - Technical analysis published on 03/02/2021 (GMT)
- 205
- 0
- Timeframe : 1H
- - Analysis generated on
- Status : NEUTRAL
Analysis too old. There are no more charts available.
Summary of the analysis
Trends
Court terme:
Neutral
De fond:
Slightly bearish
Technical indicators
56%
0%
44%
My opinion
Neutral between 7.8995 TRY and 7.9783 TRY
My targets
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My analysis
A slightly bearish trend and a neutral short term. With such a pattern, it is difficult to favour buying or selling. The first support is located at 7.8995 TRY. The first resistance is located at 7.9783 TRY. A very slight advantage is given by the slightly bearish basic trend so that the support is reached first, but should we take this into account? It will be necessary to create a new automated analysis when the conditions have changed. This could be the case, for example, when the first support has been broken below or the first resistance has been broken above.
In the very short term, despite the neutral opinion of this analysis, technical indicators are bullish and could soon allow change to a bullish sentiment.
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This analysis was given by Vincent Launay. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
CHF/TRY rating 7.9647 TRY. The price registered an increase of +0.10% on the session and was traded between 7.9478 TRY and 8.0251 TRY over the period. The price is currently at +0.21% from its lowest and -0.75% from its highest.7.9478
8.0251
7.9647
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
A study of price movements over other periods shows the following variations:
Near a new LOW record (1st january)
Type : Bearish
Timeframe : Weekly
Technical
Technical analysis of CHF/TRY in 1H shows an overall slightly bearish trend. 60.71% of the signals given by moving averages are bearish. As the signals currently given by short-term moving averages are rather neutral, the slightly bearish trend could return to neutral. The Central Indicators scanner detects a bullish signal on moving averages that could impact this trend:
Bullish trend reversal : Moving Average 20
Type : Bullish
Timeframe : 1 hour
In fact, 10 technical indicators on 18 studied are currently positioned bullish. Caution: the Central Indicators scanner currently detects an excess:
Williams %R indicator is overbought : over -20
Type : Neutral
Timeframe : 1 hour
Price is back over the pivot point
Type : Bullish
Timeframe : Weekly
An analysis of the price chart with the Central Patterns scanner (detector of chart patterns and resistances and supports) shows several results that can have an impact on the price change:
Horizontal support is broken
Type : Bearish
Timeframe : 1 hour
Support of channel is broken
Type : Bearish
Timeframe : 1 hour
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 | 7.7603 | 7.8121 | 7.8995 | 7.9647 | 7.9783 | 8.0683 | 8.1505 |
| Change (%) | -2.57% | -1.92% | -0.82% | - | +0.17% | +1.30% | +2.33% |
| Change | -0.2044 | -0.1526 | -0.0652 | - | +0.0136 | +0.1036 | +0.1858 |
| Level | Major | Minor | 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 |
|---|---|---|---|---|---|---|---|
| Standard | 7.5597 | 7.7295 | 7.8432 | 8.0130 | 8.1267 | 8.2965 | 8.4102 |
| Camarilla | 7.8790 | 7.9050 | 7.9310 | 7.9570 | 7.9830 | 8.0090 | 8.0350 |
| Woodie | 7.5318 | 7.7155 | 7.8153 | 7.9990 | 8.0988 | 8.2825 | 8.3823 |
| Fibonacci | 7.7295 | 7.8378 | 7.9047 | 8.0130 | 8.1213 | 8.1882 | 8.2965 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 7.3507 | 7.5495 | 7.8631 | 8.0619 | 8.3755 | 8.5743 | 8.8879 |
| Camarilla | 8.0357 | 8.0827 | 8.1296 | 8.1766 | 8.2236 | 8.2705 | 8.3175 |
| Woodie | 7.4080 | 7.5782 | 7.9204 | 8.0906 | 8.4328 | 8.6030 | 8.9452 |
| Fibonacci | 7.5495 | 7.7453 | 7.8662 | 8.0619 | 8.2577 | 8.3786 | 8.5743 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 7.2888 | 7.5001 | 7.8383 | 8.0496 | 8.3878 | 8.5991 | 8.9373 |
| Camarilla | 8.0255 | 8.0759 | 8.1262 | 8.1766 | 8.2270 | 8.2773 | 8.3277 |
| Woodie | 7.3524 | 7.5318 | 7.9019 | 8.0813 | 8.4514 | 8.6308 | 9.0009 |
| Fibonacci | 7.5001 | 7.7100 | 7.8397 | 8.0496 | 8.2595 | 8.3892 | 8.5991 |
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): | 51.94 | |
| MACD (12,26,9): | -0.0197 | |
| Directional Movement: | 5.1551 | |
| AROON (14): | 42.8571 | |
| DEMA (21): | 7.9521 | |
| Parabolic SAR (0,02-0,02-0,2): | 7.9399 | |
| Elder Ray (13): | 0.0197 | |
| Super Trend (3,10): | 8.0333 | |
| Zig ZAG (10): | 7.9997 | |
| VORTEX (21): | 1.0207 | |
| Stochastique (14,3,5): | 73.83 | |
| TEMA (21): | 7.9571 | |
| Williams %R (14): | -35.32 | |
| Chande Momentum Oscillator (20): | 0.0268 | |
| Repulse (5,40,3): | 0.3496 | |
| ROCnROLL: | -1 | |
| TRIX (15,9): | -0.0597 | |
| Courbe Coppock: | 0.48 |
| MA7: | 7.9754 | |
| MA20: | 7.9013 | |
| MA50: | 8.1767 | |
| MA100: | 8.4754 | |
| MAexp7: | 7.9742 | |
| MAexp20: | 7.9848 | |
| MAexp50: | 8.0185 | |
| MAexp100: | 8.0035 | |
| Price / MA7: | -0.13% | |
| Price / MA20: | +0.80% | |
| Price / MA50: | -2.59% | |
| Price / MA100: | -6.03% | |
| Price / MAexp7: | -0.12% | |
| Price / MAexp20: | -0.25% | |
| Price / MAexp50: | -0.67% | |
| Price / MAexp100: | -0.48% |
Quotes :
2021-03-02 08:10:58
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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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