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

CHF/TRY - 1H - Technical analysis published on 11/15/2022 (GMT)

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Londinia
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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: Strongly bullish
Underlying: Strongly bullish
Technical indicators
33%
22%
44%
My opinion
Bullish above 19.3588 TRY
My targets
20.1261 TRY (+0.4104)
20.5177 TRY (+0.8020)
My analysis
CHF/TRY is part of a very strong bullish trend. Traders may consider trading only long positions (at the time of purchase) as long as the price remains well above 19.3588 TRY. The next resistance located at 20.1261 TRY is the next bullish objective to be reached. A bullish break in this resistance would boost the bullish momentum. The bullish movement could then continue towards the next resistance located at 20.5177 TRY. After this resistance, buyers could then target 21.2850 TRY. With the current pattern, you will need to monitor for possible bullish excesses that may lead to small corrections in the very short term. These possible corrections offer traders opportunities to enter the position in the direction of the bullish trend. Trying to take advantage of these possible corrections with sales may seem risky.

Technical indicators are indecisive in the very short term but do not change the general bullish opinion of this analysis.
Force
0
10
6.4

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.

Londinia
This analysis was given by Londinia. Take part yourself by sharing additional analysis on another time unit:
15 min. Daily Weekly

Additional analysis

Quotes

The CHF/TRY price is 19.7157 TRY. On the day, this instrument gained +0.09% and was traded between 19.7098 TRY and 19.7388 TRY over the period. The price is currently at +0.03% from its lowest and -0.12% from its highest.

19.7098
19.7388
19.7157

The Central Gaps scanner detects a bearish opening. A small advantage for sellers in the very short term.

Central Gaps

Bearish opening

Type : Bearish

Timeframe : Openning



Here is a more detailed summary of the historical variations registered by CHF/TRY:
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


New HIGH record (1st january)

Type : Bullish

Timeframe : Weekly


New HIGH record (1 month)

Type : Bullish

Timeframe : Weekly



Technical


Technical analysis of CHF/TRY in 1H shows a strongly overall bullish trend. 92.86% of the signals given by moving averages are bullish. This strongly bullish trend is supported by the strong bullish signals given by short-term moving averages. There is no crossing of moving average by the price or crossing of moving averages between themselves.

On the 18 technical indicators analysed, 6 are bullish, 8 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:

Central Candlesticks

Doji

Type : Neutral

Timeframe : 1 hour




ProTrendLines
S3
S2
S1
Price


S3S2S1Price
ProTrendLines 18.9781 19.1031 19.2110 19.7157
Change (%) -3.74% -3.11% -2.56% -
Change -0.7376 -0.6126 -0.5047 -
Level Minor Intermediate Intermediate -



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

Daily
Pivot points S3 S2 S1 PP R1 R2 R3
Standard19.362819.466319.582419.685919.802019.905520.0216
Camarilla19.638219.658319.678519.698619.718719.738919.7590
Woodie19.369219.469519.588819.689119.808419.908720.0280
Fibonacci19.466319.550219.602019.685919.769819.821619.9055


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard17.808318.199918.967219.358820.126120.517721.2850
Camarilla19.415819.522019.628319.734519.840719.947020.0532
Woodie17.996218.293819.155119.452720.314020.611621.4729
Fibonacci18.199918.642618.916119.358819.801520.075020.5177


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard17.600017.964118.277318.641418.954619.318719.6319
Camarilla18.404118.466218.528318.590418.652518.714618.7767
Woodie17.574517.951418.251818.628718.929119.306019.6064
Fibonacci17.964118.222918.382718.641418.900219.060019.3187

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): 56.69
MACD (12,26,9): 0.0491
Directional Movement: 5.1262
AROON (14): 42.8572
DEMA (21): 19.7586
Parabolic SAR (0,02-0,02-0,2): 19.7865
Elder Ray (13): 0.0035
Super Trend (3,10): 19.5815
Zig ZAG (10): 19.7119
VORTEX (21): 1.0416
Stochastique (14,3,5): 51.74
TEMA (21): 19.7224
Williams %R (14): -43.69
Chande Momentum Oscillator (20): 0.0631
Repulse (5,40,3): 0.0463
ROCnROLL: 1
TRIX (15,9): 0.0430
Courbe Coppock: 0.60
MA7: 19.0973
MA20: 18.7877
MA50: 18.7894
MA100: 18.5871
MAexp7: 19.7148
MAexp20: 19.6836
MAexp50: 19.5318
MAexp100: 19.3127
Price / MA7: +3.24%
Price / MA20: +4.94%
Price / MA50: +4.93%
Price / MA100: +6.07%
Price / MAexp7: +0.00%
Price / MAexp20: +0.16%
Price / MAexp50: +0.94%
Price / MAexp100: +2.09%

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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Londinia AI

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