CHF/TRY - 1H - Technical analysis published on 12/29/2022 (GMT)
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- Timeframe : 1H
- - Analysis generated on
- Status : TARGET REACHED
Analysis too old. There are no more charts available.
Summary of the analysis
Trends
Short term:
Strongly bullish
Underlying:
Bullish
Technical indicators
89%
0%
11%
My opinion
Bullish above 20.1488 TRY
My targets
20.2425 TRY (+0.0412)
My analysis
All elements being clearly bullish, it would be possible for traders to trade only long positions (at the time of purchase) on CHF/TRY as long as the price remains well above 20.1488 TRY. The buyers' bullish objective is set at 20.2425 TRY. A bullish break in this resistance would boost the bullish momentum.
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
6.8
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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/TRY rating is 20.2013 TRY. The price has increased by +0.15% since the last closing with the lowest point at 20.1748 TRY and the highest point at 20.2091 TRY. The deviation from the price is +0.13% for the low point and -0.04% for the high point.20.1748
20.2091
20.2013
A study of price movements over other periods shows the following variations:
Technical
Technical analysis of this 1H chart of CHF/TRY indicates that the overall trend is bullish. 71.43% of the signals given by moving averages are bullish. The overall trend is reinforced by the strong bullish signals from short-term moving averages. There is no crossing of moving average by the price or crossing of moving averages between themselves.
Technical indicators are strongly bullish, suggesting that the price increase should continue.
The Central Indicators scanner specialised in technical indicators, has not detected anything further.
The Central Patterns scanner, which studies chart patterns, resistances and supports, has identified these signals:
Horizontal resistance is broken
Type : Bullish
Timeframe : 1 hour
Resistance of channel is broken
Type : Bullish
Timeframe : 1 hour
Resistance of triangle is broken
Type : Bullish
Timeframe : 1 hour
The Central Candlesticks scanner, specialised in Japanese candlesticks, did not identify any signals.
ProTrendLines
S3
S2
S1
R1
R2
Price
| S3 | S2 | S1 | Price | R1 | R2 | |
|---|---|---|---|---|---|---|
| ProTrendLines | 20.0902 | 20.1235 | 20.1488 | 20.2013 | 20.2090 | 20.2425 |
| Change (%) | -0.55% | -0.39% | -0.26% | - | +0.04% | +0.20% |
| Change | -0.1111 | -0.0778 | -0.0525 | - | +0.0077 | +0.0412 |
| Level | Intermediate | Minor | Intermediate | - | Minor | Major |
To determine price objectives, it is also possible to use the pivot points. Here is the price position in relation to pivot points:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 19.8693 | 19.9616 | 20.0661 | 20.1584 | 20.2629 | 20.3552 | 20.4597 |
| Camarilla | 20.1166 | 20.1346 | 20.1527 | 20.1707 | 20.1887 | 20.2068 | 20.2248 |
| Woodie | 19.8755 | 19.9647 | 20.0723 | 20.1615 | 20.2691 | 20.3583 | 20.4659 |
| Fibonacci | 19.9616 | 20.0367 | 20.0832 | 20.1584 | 20.2335 | 20.2800 | 20.3552 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 19.5679 | 19.7523 | 19.8734 | 20.0578 | 20.1789 | 20.3633 | 20.4844 |
| Camarilla | 19.9106 | 19.9386 | 19.9666 | 19.9946 | 20.0226 | 20.0506 | 20.0786 |
| Woodie | 19.5364 | 19.7365 | 19.8419 | 20.0420 | 20.1474 | 20.3475 | 20.4529 |
| Fibonacci | 19.7523 | 19.8690 | 19.9411 | 20.0578 | 20.1745 | 20.2466 | 20.3633 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 17.1811 | 17.7516 | 18.7470 | 19.3175 | 20.3129 | 20.8834 | 21.8788 |
| Camarilla | 19.3117 | 19.4552 | 19.5988 | 19.7423 | 19.8858 | 20.0294 | 20.1729 |
| Woodie | 17.3935 | 17.8578 | 18.9594 | 19.4237 | 20.5253 | 20.9896 | 22.0912 |
| Fibonacci | 17.7516 | 18.3498 | 18.7194 | 19.3175 | 19.9157 | 20.2853 | 20.8834 |
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): | 65.13 | |
| MACD (12,26,9): | 0.0284 | |
| Directional Movement: | 17.2760 | |
| AROON (14): | 78.5714 | |
| DEMA (21): | 20.1177 | |
| Parabolic SAR (0,02-0,02-0,2): | 19.9844 | |
| Elder Ray (13): | 0.0569 | |
| Super Trend (3,10): | 20.0148 | |
| Zig ZAG (10): | 20.1419 | |
| VORTEX (21): | 1.1223 | |
| Stochastique (14,3,5): | 91.54 | |
| TEMA (21): | 20.1411 | |
| Williams %R (14): | -20.49 | |
| Chande Momentum Oscillator (20): | 0.1160 | |
| Repulse (5,40,3): | 0.0781 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | 0.0113 | |
| Courbe Coppock: | 0.87 |
| MA7: | 20.0830 | |
| MA20: | 19.9783 | |
| MA50: | 19.4488 | |
| MA100: | 19.1216 | |
| MAexp7: | 20.1246 | |
| MAexp20: | 20.0934 | |
| MAexp50: | 20.0723 | |
| MAexp100: | 20.0741 | |
| Price / MA7: | +0.59% | |
| Price / MA20: | +1.12% | |
| Price / MA50: | +3.87% | |
| Price / MA100: | +5.65% | |
| Price / MAexp7: | +0.38% | |
| Price / MAexp20: | +0.54% | |
| Price / MAexp50: | +0.64% | |
| Price / MAexp100: | +0.63% |
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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