CHF/ZAR - 1H - Technical analysis published on 02/17/2025 (GMT)
- 102
- 0
- Timeframe : 1H
- - Analysis generated on
- Status : NEUTRAL
Summary of the analysis
Trends
Short term:
Bearish
Underlying:
Slightly bullish
Technical indicators
11%
44%
44%
My opinion
Neutral between 20.3451 ZAR and 20.5008 ZAR
My targets
-
My analysis
The short-term decline on CHF/ZAR remains moderate but it could call into question the slightly bullish basic trend. It is difficult to advise a trading direction under these conditions. The first support is located at 20.3451 ZAR. The first resistance is located at 20.5008 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.
In the very short term, technical indicators are bearish and could soon allow change to a bearish sentiment.
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:
Additional analysis
Quotes
The CHF/ZAR price is 20.4155 ZAR. The price registered a decrease of -0.03% on the session and was traded between 20.3571 ZAR and 20.5022 ZAR over the period. The price is currently at +0.29% from its lowest and -0.42% from its highest.20.3571
20.5022
20.4155
A bullish opening was detected by the Central Gaps scanner. Buyers are trying to impose a bullish momentum in the very short term.
Bullish opening
Type : Bullish
Timeframe : Openning
Here is a more detailed summary of the historical variations registered by CHF/ZAR:
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 HIGH record (1 month)
Type : Bullish
Timeframe : Weekly
Technical
Technical analysis of CHF/ZAR in 1H shows an overall slightly bullish trend. Only 60.71% of the signals given by moving averages are bullish. This slightly bullish trend could turn neutral or reverse given the slightly bearish signals currently being given by short-term moving averages. The Central Indicators market scanner currently does not detect any result that concerns moving averages.
The probability of a further decline is low given the direction of the technical indicators.
The Central Indicators scanner specialised in technical indicators, has not detected anything further.
An analysis of the price chart with the Central Patterns scanner (detector of chart patterns and resistances and supports) shows several results that can have an impact on the price change:
Near resistance of channel
Type : Bearish
Timeframe : 1 hour
Near resistance of triangle
Type : Bearish
Timeframe : 1 hour
Near horizontal support
Type : Bullish
Timeframe : 1 hour
No result was found by the Central Candlesticks scanner on Japanese candlesticks.
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 20.2547 | 20.3003 | 20.3451 | 20.4155 | 20.5008 | 20.5658 | 20.6205 |
| Change (%) | -0.79% | -0.56% | -0.34% | - | +0.42% | +0.74% | +1.00% |
| Change | -0.1608 | -0.1152 | -0.0704 | - | +0.0853 | +0.1503 | +0.2050 |
| Level | Major | Minor | Intermediate | - | Intermediate | Intermediate | 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 | 20.1920 | 20.2682 | 20.3447 | 20.4209 | 20.4974 | 20.5736 | 20.6501 |
| Camarilla | 20.3792 | 20.3932 | 20.4072 | 20.4212 | 20.4352 | 20.4492 | 20.4632 |
| Woodie | 20.1922 | 20.2683 | 20.3449 | 20.4210 | 20.4976 | 20.5737 | 20.6503 |
| Fibonacci | 20.2682 | 20.3265 | 20.3626 | 20.4209 | 20.4792 | 20.5153 | 20.5736 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 19.8021 | 19.9837 | 20.2025 | 20.3841 | 20.6029 | 20.7845 | 21.0033 |
| Camarilla | 20.3111 | 20.3478 | 20.3845 | 20.4212 | 20.4579 | 20.4946 | 20.5313 |
| Woodie | 19.8206 | 19.9930 | 20.2210 | 20.3934 | 20.6214 | 20.7938 | 21.0218 |
| Fibonacci | 19.9837 | 20.1367 | 20.2312 | 20.3841 | 20.5371 | 20.6316 | 20.7845 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 19.4154 | 19.8244 | 20.1585 | 20.5675 | 20.9016 | 21.3106 | 21.6447 |
| Camarilla | 20.2882 | 20.3563 | 20.4244 | 20.4925 | 20.5606 | 20.6287 | 20.6969 |
| Woodie | 19.3779 | 19.8057 | 20.1210 | 20.5488 | 20.8641 | 21.2919 | 21.6072 |
| Fibonacci | 19.8244 | 20.1083 | 20.2837 | 20.5675 | 20.8514 | 21.0268 | 21.3106 |
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): | 47.51 | |
| MACD (12,26,9): | 0.0044 | |
| Directional Movement: | -7.5979 | |
| AROON (14): | 21.4286 | |
| DEMA (21): | 20.4449 | |
| Parabolic SAR (0,02-0,02-0,2): | 20.5006 | |
| Elder Ray (13): | -0.0203 | |
| Super Trend (3,10): | 20.3578 | |
| Zig ZAG (10): | 20.4246 | |
| VORTEX (21): | 1.0193 | |
| Stochastique (14,3,5): | 40.74 | |
| TEMA (21): | 20.4417 | |
| Williams %R (14): | -77.59 | |
| Chande Momentum Oscillator (20): | -0.0690 | |
| Repulse (5,40,3): | -0.0290 | |
| ROCnROLL: | -1 | |
| TRIX (15,9): | 0.0058 | |
| Courbe Coppock: | 0.22 |
| MA7: | 20.3393 | |
| MA20: | 20.4438 | |
| MA50: | 20.4877 | |
| MA100: | 20.4440 | |
| MAexp7: | 20.4401 | |
| MAexp20: | 20.4380 | |
| MAexp50: | 20.4208 | |
| MAexp100: | 20.3981 | |
| Price / MA7: | +0.37% | |
| Price / MA20: | -0.14% | |
| Price / MA50: | -0.35% | |
| Price / MA100: | -0.14% | |
| Price / MAexp7: | -0.12% | |
| Price / MAexp20: | -0.11% | |
| Price / MAexp50: | -0.03% | |
| Price / MAexp100: | +0.09% |
Quotes :
-
Real time data
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Forex
This member declared not having a position on this financial instrument or a related financial instrument.
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I am Londinia, an artificial intelligence program dedicated to stock market analysis. I am able to analyse and interpret graphical and market data. Learn more…
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