NZD/PLN
NZD PLN
- PLN (-)
- Real time data - Forex
Open: -
Change: -
Volume: -
Low: -
High: -
High / Low range: -
Type: Forex
Ticker: NZDPLN
ISIN:

NZD/PLN - 1H - Technical analysis published on 10/15/2021 (GMT)

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  • Timeframe : 1H
  • - Analysis generated on
  • Status : TARGET REACHED

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Summary of the analysis

Trends
Short term: Strongly bullish
Underlying: Strongly bullish
Technical indicators
72%
6%
22%
My opinion
Bullish above 2.7751 PLN
My targets
2.7845 PLN (+0.0050)
2.8018 PLN (+0.0223)
My analysis
All elements being clearly bullish, it would be possible for traders to trade only long positions (at the time of purchase) on NZD/PLN as long as the price remains well above 2.7751 PLN. The buyers' bullish objective is set at 2.7845 PLN. A bullish break in this resistance would boost the bullish momentum. The buyers could then target the resistance located at 2.8018 PLN. If there is any crossing, the next objective would be the resistance located at 3.0110 PLN. However, beware of bullish excesses that could lead to a possible short-term correction; but this possible correction would not be tradeable.

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
8.2

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 Vincent Launay. Take part yourself by sharing additional analysis on another time unit:
15 min. Daily Weekly

Additional analysis

Quotes

The NZD/PLN rating is 2.7795 PLN. The price registered an increase of +0.10% on the session with the lowest point at 2.7742 PLN and the highest point at 2.7831 PLN. The deviation from the price is +0.19% for the low point and -0.13% for the high point.

2.7742
2.7831
2.7795

A bearish opening was detected by the Central Gaps scanner. Sellers are trying to impose a bearish trend in the very short term.

Central Gaps

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 an element:

Central Records

Near a new HIGH record (1st january)

Type : Bullish

Timeframe : Weekly



Technical


Technical analysis of NZD/PLN in 1H shows a strongly overall bullish trend. 92.86% of the signals given by moving averages are bullish. The overall trend is supported by the strong bullish signals from short-term moving averages. The Central Indicators market scanner currently does not detect any result that concerns moving averages.

In fact, 13 technical indicators on 18 studied are currently bullish. Central Indicators, the detector scanner for these technical indicators has recently detected several signals:

Central Indicators

MACD crosses DOWN its Moving Average

Type : Bearish

Timeframe : 1 hour


Price is back over the pivot point

Type : Bullish

Timeframe : Weekly



Central Patterns, the market scanner focusing on chart patterns, resistances and supports found these results:

Central Patterns

Horizontal resistance is broken

Type : Bullish

Timeframe : 1 hour


Support of triangle is broken

Type : Bearish

Timeframe : 1 hour



The Central Candlesticks scanner, specialised in Japanese candlesticks, did not identify any signals.


ProTrendLines
S3
S2
S1
R1
R2
R3
Price


S3S2S1PriceR1R2R3
ProTrendLines 2.7475 2.7628 2.7751 2.7795 2.7822 2.8018 3.0110
Change (%) -1.15% -0.60% -0.16% - +0.10% +0.80% +8.33%
Change -0.0320 -0.0167 -0.0044 - +0.0027 +0.0223 +0.2315
Level Major Minor Major - Minor Intermediate Intermediate



Pivot points can also be used to set your price objectives. Here is the price situation in relation to pivot points:

Daily
Pivot points S3 S2 S1 PP R1 R2 R3
Standard2.73022.73952.75812.76742.78602.79532.8139
Camarilla2.76892.77152.77402.77662.77922.78172.7843
Woodie2.73482.74182.76272.76972.79062.79762.8185
Fibonacci2.73952.75022.75682.76742.77812.78472.7953


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard2.66972.69412.72712.75152.78452.80892.8419
Camarilla2.74432.74962.75482.76012.76542.77062.7759
Woodie2.67402.69632.73142.75372.78882.81112.8462
Fibonacci2.69412.71602.72962.75152.77342.78702.8089


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard2.58962.63672.69072.73782.79182.83892.8929
Camarilla2.71692.72622.73542.74472.75402.76322.7725
Woodie2.59312.63842.69422.73952.79532.84062.8964
Fibonacci2.63672.67532.69922.73782.77642.80032.8389

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): 62.27
MACD (12,26,9): 0.0051
Directional Movement: 12.0047
AROON (14): 85.7142
DEMA (21): 2.7799
Parabolic SAR (0,02-0,02-0,2): 2.7831
Elder Ray (13): 0.0010
Super Trend (3,10): 2.7682
Zig ZAG (10): 2.7770
VORTEX (21): 1.1239
Stochastique (14,3,5): 67.96
TEMA (21): 2.7807
Williams %R (14): -45.16
Chande Momentum Oscillator (20): 0.0025
Repulse (5,40,3): -0.1136
ROCnROLL: 1
TRIX (15,9): 0.0273
Courbe Coppock: 0.57
MA7: 2.7609
MA20: 2.7558
MA50: 2.7319
MA100: 2.7049
MAexp7: 2.7777
MAexp20: 2.7730
MAexp50: 2.7655
MAexp100: 2.7602
Price / MA7: +0.67%
Price / MA20: +0.86%
Price / MA50: +1.74%
Price / MA100: +2.76%
Price / MAexp7: +0.06%
Price / MAexp20: +0.23%
Price / MAexp50: +0.51%
Price / MAexp100: +0.70%

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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