EUR/PLN

- PLN (-)

- Real time data - Forex

Open:	-
Change:	-
Volume:	-

Low:	-
High:	-
High / Low range:	-

Type:	Forex
Ticker:	EURPLN
ISIN:

EUR/PLN - Daily - Technical analysis published on 02/14/2023 (GMT)

Londinia

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Timeframe : Daily
- Analysis generated on
Status : INVALID

Summary of the analysis

Trends

Short term: Strongly bullish

Underlying: Bullish

Technical indicators

83%

17%

My opinion

Bullish above 4.7280 PLN

My targets

4.8347 PLN (+0.0475)

4.8878 PLN (+0.1006)

My analysis

EUR/PLN is part of a very strong bullish trend. Traders may consider trading only long positions (at the time of purchase) as long as the price remains well above 4.7280 PLN. The next resistance located at 4.8347 PLN is the next bullish target to be reached. A bullish break in this resistance would boost the bullish momentum. The bullish movement could then continue towards the next resistance located at 4.8878 PLN. After this resistance, buyers could then target 4.9802 PLN.

Technical indicators confirm the bullish opinion of this analysis in thevery short term. However, be careful of excessive bullish movements. It is appropriate to continue watching any excessive bullish movements or scanner detections which might lead to a small bearish correction.

Force

7.3

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

The EUR/PLN rating is 4.7872 PLN. The price registered an increase of +0.00% on the session and was between 4.7867 PLN and 4.7892 PLN. This implies that the price is at +0.01% from its lowest and at -0.04% from its highest.

4.7867

4.7892

4.7872

The Central Gaps scanner detects a bearish opening. A small advantage for sellers in the very short term.

Bearish opening

Type : Bearish

Timeframe : Openning

A study of price movements over other periods shows the following variations:

The Central Records scanner, which identifies the highest / lowest, has detected several elements:

Near a new HIGH record (5 years)

Type : Bullish

Timeframe : Weekly

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 this Daily chart of EUR/PLN indicates that the overall trend is bullish. 78.57% of the signals given by moving averages are bullish. This bullish trend is supported by the strong bullish signals given by short-term moving averages. The Central Indicators market scanner currently does not detect any result that concerns moving averages.

In fact, 15 technical indicators on 18 studied are currently positioned bullish. Caution: the Central Indicators scanner currently detects an excess:

RSI indicator is overbought : over 70

Type : Neutral

Timeframe : Daily

CCI indicator is overbought : over 100

Type : Neutral

Timeframe : Daily

Previous candle closed over Bollinger bands

Type : Neutral

Timeframe : Daily

CCI indicator: bearish divergence

Type : Bearish

Timeframe : Daily

RSI indicator: bearish divergence

Type : Bearish

Timeframe : Daily

Williams %R indicator is overbought : over -20

Type : Neutral

Timeframe : Daily

The Central Indicators scanner found no further results concerning independent technical indicators.

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

Near resistance of channel

Type : Bearish

Timeframe : Daily

The Central Candlesticks scanner currently notes the presence of this pattern in Japanese candlesticks that could mark the end of the short-term trend currently underway:

Doji

Type : Neutral

Timeframe : Daily

ProTrendLines

Price

	S3	S2	S1	Price	R1	R2	R3
ProTrendLines	4.6702	4.7280	4.7744	4.7872	4.8347	4.8878	4.9802
Change (%)	-2.44%	-1.24%	-0.27%	-	+0.99%	+2.10%	+4.03%
Change	-0.1170	-0.0592	-0.0128	-	+0.0475	+0.1006	+0.1930
Level	Intermediate	Major	Intermediate	-	Minor	Major	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	4.7414	4.7548	4.7710	4.7844	4.8006	4.8140	4.8302
Camarilla	4.7792	4.7819	4.7846	4.7873	4.7900	4.7927	4.7954
Woodie	4.7429	4.7555	4.7725	4.7851	4.8021	4.8147	4.8317
Fibonacci	4.7548	4.7661	4.7731	4.7844	4.7957	4.8027	4.8140

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	4.6290	4.6652	4.7163	4.7525	4.8036	4.8398	4.8909
Camarilla	4.7433	4.7513	4.7593	4.7673	4.7753	4.7833	4.7913
Woodie	4.6364	4.6689	4.7237	4.7562	4.8110	4.8435	4.8983
Fibonacci	4.6652	4.6986	4.7192	4.7525	4.7859	4.8065	4.8398

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	4.5670	4.6122	4.6605	4.7057	4.7540	4.7992	4.8475
Camarilla	4.6832	4.6918	4.7003	4.7089	4.7175	4.7260	4.7346
Woodie	4.5687	4.6130	4.6622	4.7065	4.7557	4.8000	4.8492
Fibonacci	4.6122	4.6479	4.6700	4.7057	4.7414	4.7635	4.7992

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):	71.53
MACD (12,26,9):	0.0209
Directional Movement:	20.8151
AROON (14):	50.0000
DEMA (21):	4.7581
Parabolic SAR (0,02-0,02-0,2):	4.7051
Elder Ray (13):	0.0422
Super Trend (3,10):	4.7106
Zig ZAG (10):	4.7873
VORTEX (21):	1.1915
Stochastique (14,3,5):	87.65
TEMA (21):	4.7732
Williams %R (14):	-8.56
Chande Momentum Oscillator (20):	0.0815
Repulse (5,40,3):	0.4926
ROCnROLL:	1
TRIX (15,9):	0.0419
Courbe Coppock:	2.02

MA7:	4.7616
MA20:	4.7285
MA50:	4.6999
MA100:	4.7239
MAexp7:	4.7623
MAexp20:	4.7339
MAexp50:	4.7156
MAexp100:	4.7140
Price / MA7:	+0.54%
Price / MA20:	+1.24%
Price / MA50:	+1.86%
Price / MA100:	+1.34%
Price / MAexp7:	+0.52%
Price / MAexp20:	+1.13%
Price / MAexp50:	+1.52%
Price / MAexp100:	+1.55%

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.

About author

Londinia AI

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