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

CHF/ZAR - 1H - Technical analysis published on 01/03/2025 (GMT)

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  • Timeframe : 1H
  • - Analysis generated on
  • Status : TARGET REACHED

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Summary of the analysis

Trends
Short term: Bullish
Underlying: Bearish
Technical indicators
78%
0%
22%
My opinion
Bearish under 20.6887 ZAR
My targets
20.6000 ZAR (-0.0651)
20.4835 ZAR (-0.1816)
My analysis
The basic trend is bearish on CHF/ZAR and in the short term, the price is trying to rebound. For the time being, this is only a technical rebound and the basic trend is not threatened. To have the rebound confirmed, it would have at least to go back above the 20.6887 ZAR. Buyers would then use the next resistance located at 20.8273 ZAR as an objective. Crossing it would then enable buyers to target 21.0425 ZAR. If there is a return to below the support located at 20.6000 ZAR, this would be a sign of a reversal in the basic bearish trend. The next bearish objectives would be 20.4835 ZAR and 20.2573 ZAR by extension.

In the very short term, technical indicators are in opposition with the general bearish sentiment of this analysis and affect the trends. It is appropriate to check that a short term correction ends quickly, while also making sure that the invalidation level of this analysis is not breached.
Force
0
10
0

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.

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

Additional analysis

Quotes

CHF/ZAR rating 20.6651 ZAR. The price has increased by +0.55% since the last closing with the lowest point at 20.4908 ZAR and the highest point at 20.6868 ZAR. The deviation from the price is +0.85% for the low point and -0.10% for the high point.

20.4908
20.6868
20.6651

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

Central Gaps

Bullish opening

Type : Bullish

Timeframe : Openning



Here is a more detailed summary of the historical variations registered by CHF/ZAR:
The Central Records scanner for higher/lower results shows the following items:

Central Records

Near a new LOW record (1 year)

Type : Bearish

Timeframe : Weekly


Near a new HIGH record (1st january)

Type : Bullish

Timeframe : Weekly


Near a new LOW record (1 month)

Type : Bearish

Timeframe : Weekly



Technical


Technical analysis of CHF/ZAR in 1H shows an overall bearish trend. 67.86% of the signals given by moving averages are bearish. Caution: the slightly bullish signals currently being given by short-term moving averages indicate that this bearish trend may be slowing down. The Central Indicators scanner detects bullish and bearish signals on moving averages that could impact this trend:

Central Indicators

Bullish price crossover with Moving Average 50

Type : Bullish

Timeframe : 1 hour


Bearish price crossover with adaptative moving average 50

Type : Bearish

Timeframe : 1 hour



In fact, 14 technical indicators on 18 studied are currently bullish. Caution: the Central Indicators scanner currently detects an excess:

Central Indicators

CCI indicator is overbought : over 100

Type : Neutral

Timeframe : 1 hour


Williams %R indicator is overbought : over -20

Type : Neutral

Timeframe : 1 hour

The Central Indicators scanner found this result concerning these indicators:

Central Indicators

Price is back under the pivot point

Type : Bearish

Timeframe : Weekly



Central Patterns, the market scanner focusing on chart patterns, resistances and supports found this result:

Central Patterns

Resistance of channel is broken

Type : Bullish

Timeframe : 1 hour



From the Japanese candlestick perspective, the Central Candlesticks scanner notes the presence of these results that could impact the short-term trend:

Central Candlesticks

Bearish harami

Type : Bearish

Timeframe : 1 hour


Three white soldiers

Type : Bullish

Timeframe : 1 hour




ProTrendLines
S3
S2
S1
R1
R2
R3
Price


S3S2S1PriceR1R2R3
ProTrendLines 20.2573 20.4835 20.6000 20.6651 20.6887 20.8273 21.0425
Change (%) -1.97% -0.88% -0.32% - +0.11% +0.78% +1.83%
Change -0.4078 -0.1816 -0.0651 - +0.0236 +0.1622 +0.3774
Level Minor Intermediate Major - Intermediate Intermediate Intermediate



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

Daily
Pivot points S3 S2 S1 PP R1 R2 R3
Standard20.071120.277320.415120.621320.759120.965321.1031
Camarilla20.458320.489820.521420.552920.584420.616020.6475
Woodie20.036920.260220.380920.604220.724920.948221.0689
Fibonacci20.277320.408720.489920.621320.752720.833920.9653


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard19.884320.168820.446420.730921.008521.293021.5706
Camarilla20.569420.621020.672520.724020.775520.827120.8786
Woodie19.880920.167120.443020.729221.005121.291321.5672
Fibonacci20.168820.383520.516220.730920.945621.078321.2930


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard18.955919.408820.109520.562421.263121.716022.4167
Camarilla20.492920.598620.704420.810120.915921.021621.1273
Woodie19.079719.470820.233320.624421.386921.778022.5405
Fibonacci19.408819.849520.121820.562421.003121.275421.7160

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): 57.15
MACD (12,26,9): -0.0031
Directional Movement: 10.9522
AROON (14): 50.0000
DEMA (21): 20.5711
Parabolic SAR (0,02-0,02-0,2): 20.5227
Elder Ray (13): 0.0674
Super Trend (3,10): 20.5438
Zig ZAG (10): 20.6741
VORTEX (21): 1.0866
Stochastique (14,3,5): 88.59
TEMA (21): 20.6053
Williams %R (14): -19.80
Chande Momentum Oscillator (20): 0.1003
Repulse (5,40,3): 0.1522
ROCnROLL: -1
TRIX (15,9): -0.0238
Courbe Coppock: 0.74
MA7: 20.7541
MA20: 20.4596
MA50: 20.4168
MA100: 20.5488
MAexp7: 20.6158
MAexp20: 20.5924
MAexp50: 20.6429
MAexp100: 20.6852
Price / MA7: -0.43%
Price / MA20: +1.00%
Price / MA50: +1.22%
Price / MA100: +0.57%
Price / MAexp7: +0.22%
Price / MAexp20: +0.33%
Price / MAexp50: +0.09%
Price / MAexp100: -0.12%

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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