JPY/PLN - 1H - Technical analysis published on 02/28/2025 (GMT)
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- Timeframe : 1H
- - Analysis generated on
- Status : INVALID
Summary of the analysis
Trends
Short term:
Strongly bullish
Underlying:
Strongly bullish
Technical indicators
72%
0%
28%
My opinion
Bullish above 0.02673 PLN
My targets
0.02690 PLN (+0.00009)
0.02715 PLN (+0.00034)
My analysis
The bullish trend is currently very strong on JPY/PLN. As long as the price remains above the support at 0.02673 PLN, you could try to benefit from the boom. The first bullish objective is located at 0.02690 PLN. The bullish momentum would be boosted by a break in this resistance. Buyers would then use the next resistance located at 0.02715 PLN as an objective. Crossing it would then enable buyers to target 0.02735 PLN. Be careful, given the powerful bullish rally underway, excesses could lead to a possible correction in the short term. If this is the case, remember that trading against the trend may be riskier. It would seem more appropriate to wait for a signal indicating reversal of the trend.
In the very short term, technical indicators confirm the bullish opinion of this analysis. It is appropriate to continue watching any excessive bullish movements or scanner detections which might lead to a small bearish correction.
Force
0
10
8.4
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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 0.02681 PLN. The price has increased by +0.45% since the last closing with the lowest point at 0.02668 PLN and the highest point at 0.02691 PLN. The deviation from the price is +0.49% for the low point and -0.37% for the high point.0.02668
0.02691
0.02681
So that you have an overall view of the price change, here is a table showing the variations over several periods:
Near a new HIGH record (1 year)
Type : Bullish
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 1H chart of JPY/PLN indicates that the overall trend is strongly bullish. The signals given by the moving averages are 92.86% bullish. This strong bullish trend is confirmed by the strong signals currently being given by short-term moving averages. The Central Indicators market scanner currently does not detect any result that concerns moving averages.
An assessment of technical indicators shows a strong bullish signal.
No additional result has been identified by Central Indicators, the scanner specialised in technical indicators.
An analysis of the price chart with the Central Patterns scanner (detector of chart patterns and resistances and supports) shows a result that can have an impact on the price change:
Resistance of channel is broken
Type : Bullish
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 | 0.02653 | 0.02665 | 0.02673 | 0.02681 | 0.02735 | 0.03034 | 0.03184 |
Change (%) | -1.04% | -0.60% | -0.30% | - | +2.01% | +13.17% | +18.76% |
Change | -0.00028 | -0.00016 | -0.00008 | - | +0.00054 | +0.00353 | +0.00503 |
Level | Minor | Minor | Intermediate | - | 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 | 0.02594 | 0.02612 | 0.02641 | 0.02659 | 0.02688 | 0.02706 | 0.02735 |
Camarilla | 0.02656 | 0.02660 | 0.02665 | 0.02669 | 0.02673 | 0.02678 | 0.02682 |
Woodie | 0.02599 | 0.02615 | 0.02646 | 0.02662 | 0.02693 | 0.02709 | 0.02740 |
Fibonacci | 0.02612 | 0.02630 | 0.02641 | 0.02659 | 0.02677 | 0.02688 | 0.02706 |
Weekly
Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
---|---|---|---|---|---|---|---|
Standard | 0.02556 | 0.02581 | 0.02623 | 0.02648 | 0.02690 | 0.02715 | 0.02757 |
Camarilla | 0.02647 | 0.02653 | 0.02659 | 0.02665 | 0.02671 | 0.02677 | 0.02683 |
Woodie | 0.02565 | 0.02585 | 0.02632 | 0.02652 | 0.02699 | 0.02719 | 0.02766 |
Fibonacci | 0.02581 | 0.02607 | 0.02622 | 0.02648 | 0.02674 | 0.02689 | 0.02715 |
Monthly
Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
---|---|---|---|---|---|---|---|
Standard | 0.02465 | 0.02516 | 0.02568 | 0.02619 | 0.02671 | 0.02722 | 0.02774 |
Camarilla | 0.02591 | 0.02600 | 0.02610 | 0.02619 | 0.02628 | 0.02638 | 0.02647 |
Woodie | 0.02465 | 0.02516 | 0.02568 | 0.02619 | 0.02671 | 0.02722 | 0.02774 |
Fibonacci | 0.02516 | 0.02556 | 0.02580 | 0.02619 | 0.02659 | 0.02683 | 0.02722 |
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): | 69.87 | |
MACD (12,26,9): | 0.0001 | |
Directional Movement: | 23.96854 | |
AROON (14): | 92.85714 | |
DEMA (21): | 0.02679 | |
Parabolic SAR (0,02-0,02-0,2): | 0.02670 | |
Elder Ray (13): | 0.00010 | |
Super Trend (3,10): | 0.02662 | |
Zig ZAG (10): | 0.02682 | |
VORTEX (21): | 1.2023 | |
Stochastique (14,3,5): | 88.33 | |
TEMA (21): | 0.02685 | |
Williams %R (14): | -20.45 | |
Chande Momentum Oscillator (20): | 0.00019 | |
Repulse (5,40,3): | 0.1064 | |
ROCnROLL: | 1 | |
TRIX (15,9): | 0.0419 | |
Courbe Coppock: | 2.55 |
MA7: | 0.02658 | |
MA20: | 0.02644 | |
MA50: | 0.02628 | |
MA100: | 0.02642 | |
MAexp7: | 0.02679 | |
MAexp20: | 0.02667 | |
MAexp50: | 0.02657 | |
MAexp100: | 0.02650 | |
Price / MA7: | +0.87% | |
Price / MA20: | +1.40% | |
Price / MA50: | +2.02% | |
Price / MA100: | +1.48% | |
Price / MAexp7: | +0.07% | |
Price / MAexp20: | +0.52% | |
Price / MAexp50: | +0.90% | |
Price / MAexp100: | +1.17% |
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
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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