EUR/TRY - 1H - Technical analysis published on 09/16/2022 (GMT)
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- 0
- Timeframe : 1H
- - Analysis generated on
- Status : NEUTRAL
Analysis too old. There are no more charts available.
Summary of the analysis
Trends
Short term:
Neutral
Underlying:
Slightly bearish
Technical indicators
22%
28%
50%
My opinion
Neutral between 18.1758 TRY and 18.2870 TRY
My targets
-
My analysis
A slightly bearish trend and a neutral short term. With such a pattern, it is difficult to favour buying or selling. The first support is located at 18.1758 TRY. The first resistance is located at 18.2870 TRY. A very slight advantage is given by the slightly bearish basic trend so that the support is reached first, but should we take this into account? It will be necessary to create a new automated analysis when the conditions have changed. This could be the case, for example, when the first support has been broken below or the first resistance has been broken above.
Technical indicators are neutral in the very short term and are not able to influence the opinion of this 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/TRY price is 18.2543 TRY. On the day, this instrument gained +0.00% with the lowest point at 18.2314 TRY and the highest point at 18.2952 TRY. The deviation from the price is +0.13% for the low point and -0.22% for the high point.18.2314
18.2952
18.2543
The Central Gaps scanner detects a bullish opening. A small advantage for buyers in the very short term.
Bullish opening
Type : Bullish
Timeframe : Openning
A study of price movements over other periods shows the following variations:
Near a new HIGH record (1st january)
Type : Bullish
Timeframe : Weekly
Near a new HIGH record (1 month)
Type : Bullish
Timeframe : Weekly
Technical
A technical analysis in 1H of this EUR/TRY chart shows a slightly bearish trend. 53.57% of the signals given by moving averages are bullish. As the signals currently given by short-term moving averages are rather neutral, the overall trend could quickly return to neutral as well. An assessment of moving averages reveals several bullish signals that could impact this trend:
Bullish price crossover with Moving Average 20
Type : Bullish
Timeframe : 1 hour
Bullish price crossover with adaptative moving average 50
Type : Bullish
Timeframe : 1 hour
On the 18 technical indicators analysed, 4 are bullish, 9 are neutral and 5 are bearish. Central Indicators, the detector scanner for these technical indicators recently detected a signal:
Momentum indicator is back under 0
Type : Bearish
Timeframe : 1 hour
Central Patterns, the market scanner focusing on chart patterns, resistances and supports found this result:
Near resistance of channel
Type : Bearish
Timeframe : 1 hour
The Central Candlesticks scanner which studies Japanese candlesticks did not detect anything.
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 17.9932 | 18.1123 | 18.1758 | 18.2543 | 18.2870 | 18.4223 | 18.4891 |
| Change (%) | -1.43% | -0.78% | -0.43% | - | +0.18% | +0.92% | +1.29% |
| Change | -0.2611 | -0.1420 | -0.0785 | - | +0.0327 | +0.1680 | +0.2348 |
| Level | Minor | Minor | Major | - | Major | Minor | Minor |
Attention could also be paid to pivot points to set price objectives:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 18.0631 | 18.1181 | 18.1862 | 18.2412 | 18.3093 | 18.3643 | 18.4324 |
| Camarilla | 18.2206 | 18.2318 | 18.2431 | 18.2544 | 18.2657 | 18.2770 | 18.2883 |
| Woodie | 18.0698 | 18.1214 | 18.1929 | 18.2445 | 18.3160 | 18.3676 | 18.4391 |
| Fibonacci | 18.1181 | 18.1651 | 18.1941 | 18.2412 | 18.2882 | 18.3172 | 18.3643 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 17.5827 | 17.7818 | 18.0485 | 18.2476 | 18.5143 | 18.7134 | 18.9801 |
| Camarilla | 18.1872 | 18.2299 | 18.2726 | 18.3153 | 18.3580 | 18.4007 | 18.4434 |
| Woodie | 17.6166 | 17.7987 | 18.0824 | 18.2645 | 18.5482 | 18.7303 | 19.0140 |
| Fibonacci | 17.7818 | 17.9597 | 18.0696 | 18.2476 | 18.4255 | 18.5354 | 18.7134 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 17.1832 | 17.5371 | 17.9017 | 18.2556 | 18.6202 | 18.9741 | 19.3387 |
| Camarilla | 18.0686 | 18.1345 | 18.2003 | 18.2662 | 18.3321 | 18.3979 | 18.4638 |
| Woodie | 17.1885 | 17.5398 | 17.9070 | 18.2583 | 18.6255 | 18.9768 | 19.3440 |
| Fibonacci | 17.5371 | 17.8116 | 17.9812 | 18.2556 | 18.5301 | 18.6997 | 18.9741 |
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): | 52.76 | |
| MACD (12,26,9): | 0.0059 | |
| Directional Movement: | 8.8796 | |
| AROON (14): | 71.4285 | |
| DEMA (21): | 18.2595 | |
| Parabolic SAR (0,02-0,02-0,2): | 18.2939 | |
| Elder Ray (13): | 0.0083 | |
| Super Trend (3,10): | 18.2832 | |
| Zig ZAG (10): | 18.2636 | |
| VORTEX (21): | 1.0782 | |
| Stochastique (14,3,5): | 38.80 | |
| TEMA (21): | 18.2668 | |
| Williams %R (14): | -58.64 | |
| Chande Momentum Oscillator (20): | -0.0209 | |
| Repulse (5,40,3): | -0.0947 | |
| ROCnROLL: | -1 | |
| TRIX (15,9): | 0.0063 | |
| Courbe Coppock: | 0.07 |
| MA7: | 18.2819 | |
| MA20: | 18.1808 | |
| MA50: | 18.1281 | |
| MA100: | 17.7020 | |
| MAexp7: | 18.2571 | |
| MAexp20: | 18.2518 | |
| MAexp50: | 18.2558 | |
| MAexp100: | 18.2699 | |
| Price / MA7: | -0.15% | |
| Price / MA20: | +0.40% | |
| Price / MA50: | +0.70% | |
| Price / MA100: | +3.12% | |
| Price / MAexp7: | -0.02% | |
| Price / MAexp20: | +0.01% | |
| Price / MAexp50: | -0.01% | |
| 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.
About author
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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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