EUR/PLN

- PLN (-)

- Real time data - Forex

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Type:	Forex
Ticker:	EURPLN
ISIN:

EUR/PLN - Daily - Technical analysis published on 12/21/2022 (GMT)

Londinia

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Timeframe : Daily
- Analysis generated on
Status : LEVEL MAINTAINED

Summary of the analysis

Trends

Short term: Strongly bearish

Underlying: Strongly bearish

Technical indicators

22%

44%

33%

My opinion

Bearish under 4.7083 PLN

My targets

4.6231 PLN (-0.0486)

4.5701 PLN (-0.1016)

My analysis

All elements being clearly bearish, it would be possible for traders to trade only short positions (for sale) on EUR/PLN as long as the price remains well below 4.7083 PLN. The sellers' bearish objective is set at 4.6231 PLN. A bearish break of this support would revive the bearish momentum. The sellers could then target the support located at 4.5701 PLN. In case of crossing, the next objective would be the support located at 4.4959 PLN. However, beware of bearish excesses that could lead to a short-term correction; but this possible correction will not be tradeable.

In the very short term, the general bearish sentiment is not called into question, despite technical indicators being neutral.

Force

6.8

Comment on the analysis

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

EUR/PLN rating 4.6717 PLN. The price has increased by +0.00% since the last closing and was traded between 4.6709 PLN and 4.6724 PLN over the period. The price is currently at +0.02% from its lowest and -0.01% from its highest.

4.6709

4.6724

4.6717

Here is a more detailed summary of the historical variations registered by EUR/PLN:

The Central Records scanner for higher/lower results shows the following items:

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 Daily shows a overall strongly bearish trend. The signals given by moving averages are 92.86% bearish. This strong bearish trend is confirmed by the strong signals currently being given by short-term moving averages. An assessment of moving averages reveals a bearish signal that could impact this trend:

Moving Average bearish crossovers : AMA50 & AMA100

Type : Bearish

Timeframe : Daily

An assessment of technical indicators does not currently provide any relevant information on the direction of future price movements.
Caution: the Central Indicators scanner currently detects an excess:

CCI indicator is oversold : under -100

Type : Neutral

Timeframe : Daily

Williams %R indicator is oversold : under -80

Type : Neutral

Timeframe : Daily

Central Indicators, the detector scanner for these technical indicators recently detected a signal:

Aroon indicator bearish trend

Type : Bearish

Timeframe : Daily

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

Near support of channel

Type : Bullish

Timeframe : Daily

No result was found by the Central Candlesticks scanner on Japanese candlesticks.

ProTrendLines

Price

	S3	S2	S1	Price	R1	R2	R3
ProTrendLines	4.5701	4.6231	4.6701	4.6717	4.7083	4.7744	4.8347
Change (%)	-2.17%	-1.04%	-0.03%	-	+0.78%	+2.20%	+3.49%
Change	-0.1016	-0.0486	-0.0016	-	+0.0366	+0.1027	+0.1630
Level	Minor	Minor	Major	-	Major	Intermediate	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
Standard	4.6313	4.6497	4.6608	4.6792	4.6903	4.7087	4.7198
Camarilla	4.6638	4.6665	4.6692	4.6719	4.6746	4.6773	4.6800
Woodie	4.6277	4.6479	4.6572	4.6774	4.6867	4.7069	4.7162
Fibonacci	4.6497	4.6610	4.6679	4.6792	4.6905	4.6974	4.7087

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	4.6322	4.6542	4.6710	4.6930	4.7098	4.7318	4.7486
Camarilla	4.6771	4.6807	4.6842	4.6878	4.6914	4.6949	4.6985
Woodie	4.6296	4.6529	4.6684	4.6917	4.7072	4.7305	4.7460
Fibonacci	4.6542	4.6690	4.6782	4.6930	4.7078	4.7170	4.7318

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	4.4989	4.5791	4.6242	4.7044	4.7495	4.8297	4.8748
Camarilla	4.6347	4.6462	4.6577	4.6692	4.6807	4.6922	4.7037
Woodie	4.4813	4.5703	4.6066	4.6956	4.7319	4.8209	4.8572
Fibonacci	4.5791	4.6270	4.6566	4.7044	4.7523	4.7819	4.8297

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):	41.22
MACD (12,26,9):	-0.0088
Directional Movement:	3.4084
AROON (14):	-71.4285
DEMA (21):	4.6764
Parabolic SAR (0,02-0,02-0,2):	4.6647
Elder Ray (13):	-0.0134
Super Trend (3,10):	4.7437
Zig ZAG (10):	4.6717
VORTEX (21):	0.9490
Stochastique (14,3,5):	19.48
TEMA (21):	4.6794
Williams %R (14):	-94.06
Chande Momentum Oscillator (20):	-0.0400
Repulse (5,40,3):	-0.3973
ROCnROLL:	2
TRIX (15,9):	-0.0281
Courbe Coppock:	0.22

MA7:	4.6837
MA20:	4.6867
MA50:	4.7130
MA100:	4.7312
MAexp7:	4.6812
MAexp20:	4.6891
MAexp50:	4.7080
MAexp100:	4.7155
Price / MA7:	-0.26%
Price / MA20:	-0.32%
Price / MA50:	-0.88%
Price / MA100:	-1.26%
Price / MAexp7:	-0.20%
Price / MAexp20:	-0.37%
Price / MAexp50:	-0.77%
Price / MAexp100:	-0.93%

Quotes : - Real time data - Forex

News

The last news published on EUR/PLN at the time of the generation of this analysis was as follows:

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

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