JPY/PLN

- PLN (-)

- Real time data - Forex

Open:	-
Change:	-
Volume:	-

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

Type:	Forex
Ticker:	JPYPLN
ISIN:

JPY/PLN - 1H - Technical analysis published on 11/05/2024 (GMT)

Timeframe : 1H
- Analysis generated on
Status : NEUTRAL

Summary of the analysis

Trends

Short term: Neutral

Underlying: Slightly bullish

Technical indicators

44%

17%

39%

My opinion

Neutral between 0.02623 PLN and 0.02635 PLN

My targets

My analysis

The neutral short-term trend shows a weakening of the basic, slightly bullish trend on JPY/PLN. It is difficult to advise a trading direction under these conditions. The first resistance is located at 0.02635 PLN. The first support is located at 0.02623 PLN. We can stay away while waiting for a more pronounced price movement on this instrument. A new analysis could then be produced that would give clearer signals.

In the very short term, despite the neutral opinion of this analysis, technical indicators are bullish and could soon allow change to a bullish sentiment.

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/PLN price is 0.02630 PLN. The price is lower by -0.04% since the last closing and was between 0.02624 PLN and 0.02634 PLN. This implies that the price is at +0.23% from its lowest and at -0.15% from its highest.

0.02624

0.02634

0.02630

So that you have an overall view of the price change, here is a table showing the variations over several periods:

The Central Records scanner, which identifies the highest / lowest, has detected an element:

Near a new HIGH record (1 month)

Type : Bullish

Timeframe : Weekly

Technical

Technical analysis of JPY/PLN in 1H shows an overall slightly bullish trend. 60.71% of the signals given by moving averages are bullish. As the signals currently given by short-term moving averages are rather neutral, the slightly bullish trend could return to neutral. The Central Indicators market scanner is currently detecting several bullish signals that could impact this trend:

Bullish trend reversal : adaptative moving average 20

Type : Bullish

Timeframe : 1 hour

Bullish trend reversal : adaptative moving average 50

Type : Bullish

Timeframe : 1 hour

Bullish trend reversal : adaptative moving average 100

Type : Bullish

Timeframe : 1 hour

The probability of a further increase is slight given the direction of the technical indicators.
Central Indicators, the scanner specialised in technical indicators, has identified these signals:

MACD crosses UP its Moving Average

Type : Bullish

Timeframe : 1 hour

MACD 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 support of channel

Type : Bullish

Timeframe : 1 hour

Central Candlesticks, the scanner specialised in Japanese candlesticks, detects this inversion signal that could impact the current short-term trend:

Doji

Type : Neutral

Timeframe : 1 hour

ProTrendLines

Price

	S3	S2	S1	Price	R1	R2	R3
ProTrendLines	0.02618	0.02623	0.02629	0.02630	0.02635	0.02640	0.02648
Change (%)	-0.46%	-0.27%	-0.04%	-	+0.19%	+0.38%	+0.68%
Change	-0.00012	-0.00007	-0.00001	-	+0.00005	+0.00010	+0.00018
Level	Intermediate	Major	Major	-	Intermediate	Intermediate	Minor

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

Daily

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	0.02608	0.02614	0.02623	0.02629	0.02638	0.02644	0.02653
Camarilla	0.02627	0.02628	0.02630	0.02631	0.02632	0.02634	0.02635
Woodie	0.02609	0.02615	0.02624	0.02630	0.02639	0.02645	0.02654
Fibonacci	0.02614	0.02620	0.02624	0.02629	0.02635	0.02639	0.02644

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	0.02576	0.02591	0.02611	0.02626	0.02646	0.02661	0.02681
Camarilla	0.02622	0.02626	0.02629	0.02632	0.02635	0.02638	0.02642
Woodie	0.02580	0.02592	0.02615	0.02627	0.02650	0.02662	0.02685
Fibonacci	0.02591	0.02604	0.02612	0.02626	0.02639	0.02647	0.02661

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	0.02484	0.02545	0.02588	0.02649	0.02692	0.02753	0.02796
Camarilla	0.02603	0.02613	0.02623	0.02632	0.02642	0.02651	0.02661
Woodie	0.02476	0.02541	0.02580	0.02645	0.02684	0.02749	0.02788
Fibonacci	0.02545	0.02584	0.02609	0.02649	0.02688	0.02713	0.02753

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):	52.83
MACD (12,26,9):	0.0000
Directional Movement:	0.56944
AROON (14):	-42.85714
DEMA (21):	0.02630
Parabolic SAR (0,02-0,02-0,2):	0.02634
Elder Ray (13):	0.00001
Super Trend (3,10):	0.02621
Zig ZAG (10):	0.02630
VORTEX (21):	1.0000
Stochastique (14,3,5):	56.67
TEMA (21):	0.02629
Williams %R (14):	-30.00
Chande Momentum Oscillator (20):	0.00004
Repulse (5,40,3):	0.1005
ROCnROLL:	1
TRIX (15,9):	0.0003
Courbe Coppock:	0.02

MA7:	0.02626
MA20:	0.02637
MA50:	0.02664
MA100:	0.02616
MAexp7:	0.02630
MAexp20:	0.02630
MAexp50:	0.02629
MAexp100:	0.02629
Price / MA7:	+0.15%
Price / MA20:	-0.27%
Price / MA50:	-1.28%
Price / MA100:	+0.54%
Price / MAexp7:	-0%
Price / MAexp20:	-0%
Price / MAexp50:	+0.04%
Price / MAexp100:	+0.04%

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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