CHF/ZAR - 1H - Technical analysis published on 05/21/2021 (GMT)
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- Timeframe : 1H
- - Analysis generated on
- Status : NEUTRAL
Analysis too old. There are no more charts available.
Summary of the analysis
Trends
Short term:
Bullish
Underlying:
Neutral
Technical indicators
56%
17%
28%
My opinion
Neutral between 15.5771 ZAR and 15.6350 ZAR
My targets
-
My analysis
There is no basic trend on CHF/ZAR and in the short term, there are still few buyers. It is difficult to advise a trading direction under these conditions. The nearest resistance is located at 15.6350 ZAR. The nearest support is located at 15.5771 ZAR. You could remain on the sidelines waiting for a more pronounced price movement on this instrument. A new analysis could then be carried out to provide clearer signals.
Technical indicators are bullish in the very short term 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/ZAR rating 15.5956 ZAR. On the day, this instrument gained +0.12% and was between 15.5710 ZAR and 15.6170 ZAR. This implies that the price is at +0.16% from its lowest and at -0.14% from its highest.15.5710
15.6170
15.5956
The Central Gaps scanner detects a bullish opening. A small advantage for buyers in the very short term.
Bullish opening
Type : Bullish
Timeframe : Openning
So that you have an overall view of the price change, here is a table showing the variations over several periods:
Near a new LOW record (1st january)
Type : Bearish
Timeframe : Weekly
Technical
A technical analysis in 1H of this CHF/ZAR chart shows a neutral trend. The slightly bullish signals currently given by short-term moving averages could allow the overall trend to return to a slightly bullish trend. The Central Indicators scanner detects a bearish signal on moving averages that could impact this trend:
Bearish price crossover with adaptative moving average 20
Type : Bearish
Timeframe : 1 hour
In fact, 10 technical indicators on 18 studied are currently positioned bullish. But beware of excesses. The Central Indicators scanner currently detects this:
Williams %R indicator is overbought : over -20
Type : Neutral
Timeframe : 1 hour
The Central Patterns scanner, which studies chart patterns, resistances and supports, has identified this signal:
Support of triangle 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 | 15.4912 | 15.5245 | 15.5771 | 15.5956 | 15.6350 | 15.7133 | 15.7450 |
| Change (%) | -0.67% | -0.46% | -0.12% | - | +0.25% | +0.75% | +0.96% |
| Change | -0.1044 | -0.0711 | -0.0185 | - | +0.0394 | +0.1177 | +0.1494 |
| Level | Minor | Major | Minor | - | Major | Minor | Minor |
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 | 15.3787 | 15.4508 | 15.5139 | 15.5860 | 15.6491 | 15.7212 | 15.7843 |
| Camarilla | 15.5397 | 15.5521 | 15.5645 | 15.5769 | 15.5893 | 15.6017 | 15.6141 |
| Woodie | 15.3741 | 15.4486 | 15.5093 | 15.5838 | 15.6445 | 15.7190 | 15.7797 |
| Fibonacci | 15.4508 | 15.5025 | 15.5344 | 15.5860 | 15.6377 | 15.6696 | 15.7212 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 15.1690 | 15.2842 | 15.4827 | 15.5979 | 15.7964 | 15.9116 | 16.1101 |
| Camarilla | 15.5948 | 15.6236 | 15.6523 | 15.6811 | 15.7099 | 15.7386 | 15.7674 |
| Woodie | 15.2106 | 15.3050 | 15.5243 | 15.6187 | 15.8380 | 15.9324 | 16.1517 |
| Fibonacci | 15.2842 | 15.4041 | 15.4781 | 15.5979 | 15.7178 | 15.7918 | 15.9116 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 14.9275 | 15.1380 | 15.5066 | 15.7171 | 16.0857 | 16.2962 | 16.6648 |
| Camarilla | 15.7161 | 15.7691 | 15.8222 | 15.8753 | 15.9284 | 15.9815 | 16.0346 |
| Woodie | 15.0067 | 15.1775 | 15.5858 | 15.7566 | 16.1649 | 16.3357 | 16.7440 |
| Fibonacci | 15.1380 | 15.3592 | 15.4959 | 15.7171 | 15.9383 | 16.0750 | 16.2962 |
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): | 54.63 | |
| MACD (12,26,9): | 0.0047 | |
| Directional Movement: | 4.8092 | |
| AROON (14): | 21.4286 | |
| DEMA (21): | 15.5955 | |
| Parabolic SAR (0,02-0,02-0,2): | 15.5387 | |
| Elder Ray (13): | 0.0091 | |
| Super Trend (3,10): | 15.6566 | |
| Zig ZAG (10): | 15.6058 | |
| VORTEX (21): | 0.9496 | |
| Stochastique (14,3,5): | 87.34 | |
| TEMA (21): | 15.5996 | |
| Williams %R (14): | -32.13 | |
| Chande Momentum Oscillator (20): | 0.0293 | |
| Repulse (5,40,3): | -0.0908 | |
| ROCnROLL: | 2 | |
| TRIX (15,9): | 0.0000 | |
| Courbe Coppock: | 0.33 |
| MA7: | 15.6123 | |
| MA20: | 15.6545 | |
| MA50: | 15.7071 | |
| MA100: | 16.1928 | |
| MAexp7: | 15.5965 | |
| MAexp20: | 15.5909 | |
| MAexp50: | 15.5918 | |
| MAexp100: | 15.5966 | |
| Price / MA7: | -0.11% | |
| Price / MA20: | -0.38% | |
| Price / MA50: | -0.71% | |
| Price / MA100: | -3.69% | |
| Price / MAexp7: | -0.01% | |
| Price / MAexp20: | +0.03% | |
| Price / MAexp50: | +0.02% | |
| Price / MAexp100: | -0.01% |
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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