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

EUR/PLN - 1H - Technical analysis published on 12/13/2022 (GMT)

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

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Summary of the analysis

Trends
Short term: Strongly bearish
Underlying: Bearish
Technical indicators
28%
39%
33%
My opinion
Bearish under 4.6999 PLN
My targets
4.6761 PLN (-0.0134)
4.6701 PLN (-0.0194)
My analysis
In the short term, we can see an acceleration in the bearish trend on EUR/PLN, which is a positive signal for sellers. As long as the price remains above 4.6999 PLN, a sale could be considered. The first bearish objective is located at 4.6761 PLN. The bearish momentum would be revived by a break in this support. Sellers would then use the next support located at 4.6701 PLN as an objective. Crossing it would then enable sellers to target 4.6231 PLN. If the price were to return above 4.6999 PLN, it would probably only trigger a small rebound in the short term to give a better base for restarting. Trading this rebound may be risky.

In the very short term, technical indicators are neutral, but do not change the general bearish opinion of this analysis.
Force
0
10
4.3

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.

Londinia
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/PLN rating is 4.6895 PLN. The price is lower by -0.06% since the last closing and was between 4.6841 PLN and 4.7017 PLN. This implies that the price is at +0.12% from its lowest and at -0.26% from its highest.

4.6841
4.7017
4.6895

The Central Gaps scanner detects a bearish opening marking the presence of sellers ahead of buyers at the opening but not sufficiently marked to allow the price to register a quotation gap.

Central Gaps

Bearish opening

Type : Bearish

Timeframe : Openning



So that you have an overall view of the price change, here is a table showing the variations over several periods:
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 HIGH record (1 month)

Type : Bullish

Timeframe : Weekly



Technical


Technical analysis of EUR/PLN in 1H shows an overall bearish trend. 71.43% of the signals given by moving averages are bearish. This bearish trend is supported by the strong bearish signals given by short-term moving averages. The Central Indicators market scanner is currently detecting several bearish signals that could impact this trend:

Central Indicators

Bearish trend reversal : Moving Average 20

Type : Bearish

Timeframe : 1 hour


Bearish trend reversal : Moving Average 50

Type : Bearish

Timeframe : 1 hour


Bearish trend reversal : Moving Average 100

Type : Bearish

Timeframe : 1 hour


Bearish trend reversal : adaptative moving average 20

Type : Bearish

Timeframe : 1 hour


Bearish trend reversal : adaptative moving average 50

Type : Bearish

Timeframe : 1 hour


Bearish trend reversal : adaptative moving average 100

Type : Bearish

Timeframe : 1 hour


Moving Average bearish crossovers : MA20 & MA50

Type : Bearish

Timeframe : 1 hour


Bearish price crossover with Moving Average 20

Type : Bearish

Timeframe : 1 hour


Bearish price crossover with Moving Average 50

Type : Bearish

Timeframe : 1 hour


Bearish price crossover with Moving Average 100

Type : Bearish

Timeframe : 1 hour


Bearish price crossover with adaptative moving average 20

Type : Bearish

Timeframe : 1 hour


Bearish price crossover with adaptative moving average 50

Type : Bearish

Timeframe : 1 hour


Bearish price crossover with adaptative moving average 100

Type : Bearish

Timeframe : 1 hour



In fact, of the 18 technical indicators analysed by Central Analyzer, 5 are bullish, 6 are neutral and 7 are bearish. But beware of excesses. The Central Indicators scanner currently detects this:

Central Indicators

Previous candle closed over Bollinger bands

Type : Neutral

Timeframe : 1 hour


Williams %R indicator is oversold : under -80

Type : Neutral

Timeframe : 1 hour

Other results related to technical indicators were also found by the Central Indicators scanner:

Central Indicators

RSI indicator is back under 50

Type : Bearish

Timeframe : 1 hour


Parabolic SAR indicator bearish reversal

Type : Bearish

Timeframe : 1 hour


Ichimoku : price is under the cloud

Type : Bearish

Timeframe : 1 hour


Price is back under the pivot point

Type : Bearish

Timeframe : 1 hour


Momentum indicator is back under 0

Type : Bearish

Timeframe : 1 hour



The Central Patterns scanner, which studies chart patterns, resistances and supports, has identified these signals:

Central Patterns

Near horizontal resistance

Type : Bearish

Timeframe : 1 hour


Near resistance of triangle

Type : Bearish

Timeframe : 1 hour


Resistance of channel is broken

Type : Bullish

Timeframe : 1 hour



The presence of a bearish pattern in Japanese candlesticks detected by Central Candlesticks that could cause a correction in the very short term was also detected:

Central Candlesticks

Bearish engulfing lines

Type : Bearish

Timeframe : 1 hour




ProTrendLines
S3
S2
S1
R1
R2
R3
Price


S3S2S1PriceR1R2R3
ProTrendLines 4.6701 4.6761 4.6852 4.6895 4.6916 4.6999 4.7083
Change (%) -0.41% -0.29% -0.09% - +0.04% +0.22% +0.40%
Change -0.0194 -0.0134 -0.0043 - +0.0021 +0.0104 +0.0188
Level Major Intermediate Intermediate - Minor Intermediate Major



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

Daily
Pivot points S3 S2 S1 PP R1 R2 R3
Standard4.66854.67644.68424.69214.69994.70784.7156
Camarilla4.68784.68924.69074.69214.69354.69504.6964
Woodie4.66864.67644.68434.69214.70004.70784.7157
Fibonacci4.67644.68244.68614.69214.69814.70184.7078


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard4.61244.64104.66474.69334.71704.74564.7693
Camarilla4.67394.67874.68354.68834.69314.69794.7027
Woodie4.60994.63984.66224.69214.71454.74444.7668
Fibonacci4.64104.66104.67344.69334.71334.72574.7456


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard4.49894.57914.62424.70444.74954.82974.8748
Camarilla4.63474.64624.65774.66924.68074.69224.7037
Woodie4.48134.57034.60664.69564.73194.82094.8572
Fibonacci4.57914.62704.65664.70444.75234.78194.8297

Numerical data


The following is the status of the technical indicators and moving averages at the time of publication of this technical analysis:

Technical indicators
Moving averages

RSI (14): 44.79
MACD (12,26,9): 0.0005
Directional Movement: 1.7071
AROON (14): -7.1429
DEMA (21): 4.6925
Parabolic SAR (0,02-0,02-0,2): 4.7017
Elder Ray (13): 0
Super Trend (3,10): 4.6807
Zig ZAG (10): 4.6867
VORTEX (21): 0.9535
Stochastique (14,3,5): 50.20
TEMA (21): 4.6918
Williams %R (14): -83.52
Chande Momentum Oscillator (20): -0.0040
Repulse (5,40,3): -0.2330
ROCnROLL: 2
TRIX (15,9): 0.0007
Courbe Coppock: 0.03
MA7: 4.6923
MA20: 4.6927
MA50: 4.7335
MA100: 4.7345
MAexp7: 4.6920
MAexp20: 4.6919
MAexp50: 4.6911
MAexp100: 4.6904
Price / MA7: -0.06%
Price / MA20: -0.07%
Price / MA50: -0.93%
Price / MA100: -0.95%
Price / MAexp7: -0.05%
Price / MAexp20: -0.05%
Price / MAexp50: -0.03%
Price / MAexp100: -0.02%

Quotes : - Real time data - Forex

News


The latest news and videos published on EUR/PLN 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.

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