JPY/CZK

- CZK (-)

- Real time data - Forex

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Type:	Forex
Ticker:	JPYCZK
ISIN:

JPY/CZK - 1H - Technical analysis published on 09/27/2024 (GMT)

Londinia

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

Summary of the analysis

Trends

Short term: Strongly bullish

Underlying: Bullish

Technical indicators

44%

22%

33%

My opinion

Bullish above 0.1563 CZK

My targets

0.1587 CZK (+0.0012)

0.1598 CZK (+0.0023)

My analysis

JPY/CZK 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 0.1563 CZK. The next resistance located at 0.1587 CZK 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 0.1598 CZK. After this resistance, buyers could then target 0.1613 CZK.

Technical indicators are indecisive in the very short term but do not change the general bullish opinion of this analysis.

Force

4.6

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 JPY/CZK rating is 0.1575 CZK. The price registered an increase of +1.61% on the session and was traded between 0.1538 CZK and 0.1575 CZK over the period. The price is currently at +2.41% from its lowest and 0% from its highest.

0.1538

0.1575

Here is a more detailed summary of the historical variations registered by JPY/CZK:

The study of the highest / lowest by the Central Records scanner shows the following results:

Near a new HIGH record (1 year)

Type : Bullish

Timeframe : Weekly

Near a new HIGH record (1st january)

Type : Bullish

Timeframe : Weekly

Near a new HIGH record (1 month)

Type : Bullish

Timeframe : Weekly

Technical

Technical analysis of this 1H chart of JPY/CZK indicates that the overall trend is bullish. The signals returned by the moving averages are 71.43% bullish. This bullish trend is reinforced by the strong signals currently being given by short-term moving averages. The Central Indicators market scanner is currently detecting several bullish signals that could impact this trend:

Bullish price crossover with Moving Average 20

Type : Bullish

Timeframe : 1 hour

Bullish price crossover with Moving Average 50

Type : Bullish

Timeframe : 1 hour

Bullish price crossover with Moving Average 100

Type : Bullish

Timeframe : 1 hour

Bullish price crossover with adaptative moving average 20

Type : Bullish

Timeframe : 1 hour

Bullish price crossover with adaptative moving average 50

Type : Bullish

Timeframe : 1 hour

Bullish price crossover with adaptative moving average 100

Type : Bullish

Timeframe : 1 hour

An assessment of technical indicators does not currently provide any relevant information to suggest whether the signal given by the technical indicators is more bullish or bearish.
Caution: the Central Indicators scanner currently detects an excess:

Previous candle closed under Bollinger bands

Type : Neutral

Timeframe : 1 hour

RSI indicator: bullish divergence

Type : Bullish

Timeframe : 1 hour

Williams %R indicator is overbought : over -20

Type : Neutral

Timeframe : 1 hour

Central Indicators, the scanner specialised in technical indicators, has identified these signals:

Pivot points : price is over resistance 1

Type : Neutral

Timeframe : 1 hour

RSI indicator is back over 50

Type : Bullish

Timeframe : 1 hour

MACD crosses UP its Moving Average

Type : Bullish

Timeframe : 1 hour

Parabolic SAR indicator bullish reversal

Type : Bullish

Timeframe : 1 hour

Aroon indicator bullish trend

Type : Bullish

Timeframe : 1 hour

Ichimoku : price is over the cloud

Type : Bullish

Timeframe : 1 hour

SuperTrend indicator bullish reversal

Type : Bullish

Timeframe : 1 hour

Momentum indicator is back over 0

Type : Bullish

Timeframe : 1 hour

The Central Patterns scanner, which studies chart patterns, resistances and supports, has identified this signal:

Near horizontal resistance

Type : Bearish

Timeframe : 1 hour

The presence of a bullish Japanese candlestick pattern detected by Central Candlesticks that could cause a very short term rebound was also detected:

Long white line

Type : Bullish

Timeframe : 1 hour

ProTrendLines

Price

	S3	S2	S1	Price	R1	R2	R3
ProTrendLines	0.1542	0.1552	0.1563	0.1575	0.1587	0.1598	0.1613
Change (%)	-2.10%	-1.46%	-0.76%	-	+0.76%	+1.46%	+2.41%
Change	-0.0033	-0.0023	-0.0012	-	+0.0012	+0.0023	+0.0038
Level	Major	Major	Minor	-	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	0.1530	0.1540	0.1545	0.1555	0.1560	0.1570	0.1575
Camarilla	0.1546	0.1547	0.1549	0.1550	0.1551	0.1553	0.1554
Woodie	0.1528	0.1539	0.1543	0.1554	0.1558	0.1569	0.1573
Fibonacci	0.1540	0.1546	0.1549	0.1555	0.1561	0.1564	0.1570

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	0.1474	0.1515	0.1538	0.1579	0.1602	0.1643	0.1666
Camarilla	0.1543	0.1549	0.1555	0.1561	0.1567	0.1573	0.1579
Woodie	0.1465	0.1511	0.1529	0.1575	0.1593	0.1639	0.1657
Fibonacci	0.1515	0.1539	0.1555	0.1579	0.1603	0.1619	0.1643

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	0.1404	0.1471	0.1510	0.1577	0.1616	0.1683	0.1722
Camarilla	0.1521	0.1531	0.1540	0.1550	0.1560	0.1569	0.1579
Woodie	0.1391	0.1464	0.1497	0.1570	0.1603	0.1676	0.1709
Fibonacci	0.1471	0.1511	0.1536	0.1577	0.1617	0.1642	0.1683

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):	62.78
MACD (12,26,9):	-0.0002
Directional Movement:	13.7200
AROON (14):	7.1429
DEMA (21):	0.1550
Parabolic SAR (0,02-0,02-0,2):	0.1538
Elder Ray (13):	0.0003
Super Trend (3,10):	0.1534
Zig ZAG (10):	0.1567
VORTEX (21):	0.8333
Stochastique (14,3,5):	31.63
TEMA (21):	0.1549
Williams %R (14):	-15.63
Chande Momentum Oscillator (20):	0.0010
Repulse (5,40,3):	1.5646
ROCnROLL:	1
TRIX (15,9):	-0.0247
Courbe Coppock:	0.82

MA7:	0.1565
MA20:	0.1578
MA50:	0.1562
MA100:	0.1510
MAexp7:	0.1552
MAexp20:	0.1553
MAexp50:	0.1557
MAexp100:	0.1562
Price / MA7:	+0.64%
Price / MA20:	-0.19%
Price / MA50:	+0.83%
Price / MA100:	+4.30%
Price / MAexp7:	+1.48%
Price / MAexp20:	+1.42%
Price / MAexp50:	+1.16%
Price / MAexp100:	+0.83%

Quotes : - Real time data - Forex

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

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Londinia AI

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