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 01/09/2025 (GMT)

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

Summary of the analysis

Trends
Short term: Bullish
Underlying: Strongly bullish
Technical indicators
61%
11%
28%
My opinion
Bullish above 20.6875 ZAR
My targets
20.7814 ZAR (+0.0237)
20.8273 ZAR (+0.0696)
My analysis
The basic bullish trend is very strong on CHF/ZAR but the short term shows some signs of running out of steam. However, a purchase could be considered as long as the price remains above 20.6875 ZAR. Crossing the first resistance at 20.7814 ZAR would be a sign of a potential new surge in the price. Buyers would then use the next resistance located at 20.8273 ZAR as an objective. Crossing it would then enable buyers to target 20.8855 ZAR. Caution, a return to below 20.6875 ZAR would be a sign of a consolidation phase in the short-term basic trend. If this is the case, remember that trading against the trend may be riskier. It would seem more appropriate to wait for a signal indicating reversal of the trend.

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
7

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 hsokkar. Take part yourself by sharing additional analysis on another time unit:
15 min. Daily Weekly

Additional analysis

Quotes

CHF/ZAR rating 20.7577 ZAR. The price registered a decrease of -0.03% on the session and was traded between 20.6447 ZAR and 20.8083 ZAR over the period. The price is currently at +0.55% from its lowest and -0.24% from its highest.

20.6447
20.8083
20.7577

A bullish opening was detected by the Central Gaps scanner. Buyers are trying to impose a bullish momentum in the very short term.

Central Gaps

Bullish opening

Type : Bullish

Timeframe : Openning



A study of price movements over other periods shows the following variations:
The study of the highest / lowest by the Central Records scanner shows the following results:

Central Records

Near a new LOW record (1 year)

Type : Bearish

Timeframe : Weekly


Near a new LOW record (1st january)

Type : Bearish

Timeframe : Weekly


Near a new LOW record (1 month)

Type : Bearish

Timeframe : Weekly



Technical


Technical analysis of CHF/ZAR in 1H shows a strongly overall bullish trend. The signals given by moving averages are 89.29% bullish. This strongly bullish trend seems to be running out of steam given the signals being given by short-term moving averages. The Central Indicators scanner does not detect any result on moving averages that would impact this trend.

In fact, 11 technical indicators on 18 studied are currently bullish. Central Indicators, the detector scanner for these technical indicators has recently detected several signals:

Central Indicators

Price is back over the pivot point

Type : Bullish

Timeframe : Weekly


Momentum indicator is back over 0

Type : Bullish

Timeframe : 1 hour



Central Patterns, the scanner specializing in chart patterns, did not identify any signals.

The Central Candlesticks scanner which studies Japanese candlesticks did not detect anything.


ProTrendLines
S3
S2
S1
R1
R2
R3
Price


S3S2S1PriceR1R2R3
ProTrendLines 20.5419 20.5953 20.6875 20.7577 20.7814 20.8273 20.8855
Change (%) -1.04% -0.78% -0.34% - +0.11% +0.34% +0.62%
Change -0.2158 -0.1624 -0.0702 - +0.0237 +0.0696 +0.1278
Level Intermediate Intermediate Intermediate - Intermediate Minor Intermediate



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
Standard20.359620.450420.606720.697520.853820.944621.1009
Camarilla20.695120.717720.740420.763020.785720.808320.8310
Woodie20.392420.466820.639520.713920.886620.961021.1337
Fibonacci20.450420.544820.603120.697520.791920.850220.9446


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard20.035520.259520.437520.661520.839521.063521.2415
Camarilla20.505020.541820.578720.615520.652420.689220.7261
Woodie20.012520.248020.414520.650020.816521.052021.2185
Fibonacci20.259520.413120.507920.661520.815120.909921.0635


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 is the status of technical indicators and moving averages registered at the time this technical analysis was created:

Technical indicators
Moving averages

RSI (14): 56.23
MACD (12,26,9): 0.0113
Directional Movement: 5.1021
AROON (14): -21.4285
DEMA (21): 20.7568
Parabolic SAR (0,02-0,02-0,2): 20.6549
Elder Ray (13): 0.0136
Super Trend (3,10): 20.8393
Zig ZAG (10): 20.7593
VORTEX (21): 0.9922
Stochastique (14,3,5): 69.11
TEMA (21): 20.7453
Williams %R (14): -30.81
Chande Momentum Oscillator (20): 0.0099
Repulse (5,40,3): 0.0179
ROCnROLL: 1
TRIX (15,9): 0.0075
Courbe Coppock: 0.11
MA7: 20.6555
MA20: 20.5007
MA50: 20.4287
MA100: 20.5465
MAexp7: 20.7497
MAexp20: 20.7394
MAexp50: 20.7038
MAexp100: 20.6746
Price / MA7: +0.49%
Price / MA20: +1.25%
Price / MA50: +1.61%
Price / MA100: +1.03%
Price / MAexp7: +0.04%
Price / MAexp20: +0.09%
Price / MAexp50: +0.26%
Price / MAexp100: +0.40%

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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