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EUR/CZK
EUR CZK
- CZK (-)
- Real time data - Forex
Open: -
Change: -
Volume: -
Low: -
High: -
High / Low range: -
Type: Forex
Ticker: EURCZK
ISIN:

EUR/CZK - 1H - Technical analysis published on 12/09/2024 (GMT)

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Londinia
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  • Timeframe : 1H
  • - Analysis generated on
  • Status : LEVEL MAINTAINED

Summary of the analysis

Trends
Short term: Neutral
Underlying: Bearish
Technical indicators
33%
28%
39%
My opinion
Bearish under 25.1362 CZK
My targets
25.0092 CZK (-0.0843)
24.8279 CZK (-0.2656)
My analysis
Has the basic bearish trend slowed or is it lacking in power? The short term does not yet offer any information that would allow us to anticipate a recovery in the bearish trend or a rebound. Sellers' generally have the upper hand, even if a small correction (not tradeable) on the resistance located at 25.1362 CZK remains possible. It is advisable to trade EUR/CZK with the greatest caution, while favouring short positions (for sale) as long as the price remains well below 25.1362 CZK. The next bearish objective for sellers is set at 25.0092 CZK. A bearish break of this support would revive the bearish momentum. The sellers could then target the support located at 24.8279 CZK. In case of crossing, the next objective would be the support located at 24.6860 CZK. PS: if there is a bullish break in the resistance located at 25.1362 CZK we suggest that you produce a new automated technical analysis. In fact, conditions should have changed. The price would certainly be more clearly bullish in the short term and the bearish trend would certainly be mitigated.

Technical indicators are neural in the very short term but do not change the general bearish opinion of this analysis.
Force
0
10
3

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.

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

Additional analysis

Quotes

The EUR/CZK price is 25.0935 CZK. The price is lower by -0.01% since the last closing and was traded between 25.0587 CZK and 25.1171 CZK over the period. The price is currently at +0.14% from its lowest and -0.09% from its highest.

25.0587
25.1171
25.0935

Here is a more detailed summary of the historical variations registered by EUR/CZK:
The Central Records scanner, which identifies the highest / lowest, has detected several elements:

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 HIGH record (1 month)

Type : Bullish

Timeframe : Weekly


New LOW record (1 month)

Type : Bearish

Timeframe : Weekly



Technical


Technical analysis of EUR/CZK in 1H shows an overall bearish trend. 75.00% of the signals given by moving averages are bearish. Caution: the neutral signals currently given by short-term moving averages show us that the global trend is losing momentum. An assessment of moving averages reveals a bullish signal that could impact this trend:

Central Indicators

Bullish price crossover with Moving Average 20

Type : Bullish

Timeframe : 1 hour



In fact, Central Analyzer took into account 18 technical indicators and the result was as follows: 6 are bullish, 7 are neutral and 5 are bearish. But beware of excesses. The Central Indicators scanner currently detects this:

Central Indicators

Williams %R indicator is overbought : over -20

Type : Neutral

Timeframe : 1 hour

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 this signal:

Central Patterns

Near support of channel

Type : Bullish

Timeframe : 1 hour



Central Candlesticks, the scanner specialised in Japanese candlesticks, detects this inversion signal that could impact the current short-term trend:

Central Candlesticks

Doji

Type : Neutral

Timeframe : 1 hour




ProTrendLines
S3
S2
S1
R1
R2
R3
Price


S3S2S1PriceR1R2R3
ProTrendLines 24.8279 25.0092 25.0732 25.0935 25.1362 25.2104 25.2369
Change (%) -1.06% -0.34% -0.08% - +0.17% +0.47% +0.57%
Change -0.2656 -0.0843 -0.0203 - +0.0427 +0.1169 +0.1434
Level Minor Intermediate Intermediate - Intermediate Major Intermediate



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
Standard25.005425.039725.067525.101825.129625.163925.1917
Camarilla25.078325.084025.089725.095425.101125.106825.1125
Woodie25.002325.038125.064425.100225.126525.162325.1886
Fibonacci25.039725.063425.078025.101825.125525.140125.1639


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard24.805324.939125.017225.151025.229125.362925.4410
Camarilla25.037125.056625.076025.095425.114825.134325.1537
Woodie24.777624.925224.989525.137125.201425.349025.4133
Fibonacci24.939125.020025.070025.151025.231925.281925.3629


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard24.914625.059525.161325.306225.408025.552925.6547
Camarilla25.195325.217925.240525.263125.285725.308325.3309
Woodie24.893125.048725.139825.295425.386525.542125.6332
Fibonacci25.059525.153725.212025.306225.400425.458725.5529

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): 49.69
MACD (12,26,9): -0.0053
Directional Movement: 1.5847
AROON (14): -42.8571
DEMA (21): 25.0838
Parabolic SAR (0,02-0,02-0,2): 25.1051
Elder Ray (13): -0.0019
Super Trend (3,10): 25.0573
Zig ZAG (10): 25.0929
VORTEX (21): 0.8788
Stochastique (14,3,5): 34.63
TEMA (21): 25.0839
Williams %R (14): -22.41
Chande Momentum Oscillator (20): -0.0031
Repulse (5,40,3): 0.0490
ROCnROLL: -1
TRIX (15,9): -0.0023
Courbe Coppock: 0.11
MA7: 25.1579
MA20: 25.2518
MA50: 25.2819
MA100: 25.2261
MAexp7: 25.0837
MAexp20: 25.0905
MAexp50: 25.1038
MAexp100: 25.1327
Price / MA7: -0.26%
Price / MA20: -0.63%
Price / MA50: -0.75%
Price / MA100: -0.53%
Price / MAexp7: +0.04%
Price / MAexp20: +0.01%
Price / MAexp50: -0.04%
Price / MAexp100: -0.16%

Quotes : - Real time data - Forex

News


The latest news and videos published on EUR/CZK at the time of the analysis were as follows:

This member declared not having a position on this financial instrument or a related financial instrument.

About author

Londinia
Londinia AI

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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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