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 11/11/2021 (GMT)

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

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Summary of the analysis

Trends
Short term: Bullish
Underlying: Strongly bullish
Technical indicators
61%
6%
33%
My opinion
Bullish above 2.8324 PLN
My targets
2.8443 PLN (+0.0088)
2.8510 PLN (+0.0155)
My analysis
The basic bullish trend is very strong on NZD/PLN but the short term shows some signs of running out of steam. However, a purchase could be considered as long as the price remains above 2.8324 PLN. Crossing the first resistance at 2.8443 PLN would be a sign of a potential new surge in the price. Buyers would then use the next resistance located at 2.8510 PLN as an objective. Crossing it would then enable buyers to target 2.8576 PLN. Caution, a return to below 2.8324 PLN would be a sign of a consolidation phase in the short-term basic trend. 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, the general bullish sentiment is confirmed by technical indicators. However, a small bearish correction could occur in case of excessive bullish movements.
Force
0
10
6.6

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 2.8355 PLN. The price has increased by +0.02% since the last closing and was traded between 2.8281 PLN and 2.8417 PLN over the period. The price is currently at +0.26% from its lowest and -0.22% from its highest.

2.8281
2.8417
2.8355

A bullish opening was detected by the Central Gaps scanner. Buyers are trying to impose a bullish momentum in the very short term.

Central Gaps

Bullish opening

Type : Bullish

Timeframe : Openning



A study of price movements over other periods shows the following variations:
The Central Records scanner for higher/lower results shows the following items:

Central Records

Near a new HIGH record (5 years)

Type : Bullish

Timeframe : Weekly


Near a new HIGH record (1st january)

Type : Bullish

Timeframe : Weekly



Technical


A technical analysis in 1H of this NZD/PLN chart shows a strongly bullish trend. 82.14% of the signals given by moving averages are bullish. The slightly bullish signals given by the short-term moving averages show a weakening of the global trend. The Central Indicators scanner does not detect any result on moving averages that would impact this trend.

In fact, according to the parameters integrated into the Central Analyzer system, 11 technical indicators out of 18 analysed are currently bullish. Caution: the Central Indicators scanner currently detects an excess:

Central Indicators

MACD indicator: bullish divergence

Type : Bullish

Timeframe : 1 hour

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

Central Indicators

MACD crosses UP its Moving Average

Type : Bullish

Timeframe : 1 hour


Price is back under the pivot point

Type : Bearish

Timeframe : Weekly


Momentum indicator is back over 0

Type : Bullish

Timeframe : 1 hour



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

Central Patterns

Horizontal support is broken

Type : Bearish

Timeframe : 1 hour


Support of channel is broken

Type : Bearish

Timeframe : 1 hour


Support of triangle is broken

Type : Bearish

Timeframe : 1 hour



No result was found by the Central Candlesticks scanner on Japanese candlesticks.


ProTrendLines
S3
S2
S1
R1
R2
R3
Price


S3S2S1PriceR1R2R3
ProTrendLines 2.8165 2.8243 2.8324 2.8355 2.8372 2.8443 2.8510
Change (%) -0.67% -0.39% -0.11% - +0.06% +0.31% +0.55%
Change -0.0190 -0.0112 -0.0031 - +0.0017 +0.0088 +0.0155
Level Major Minor Minor - Minor Intermediate Intermediate



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

Daily
Pivot points S3 S2 S1 PP R1 R2 R3
Standard2.79132.80382.81942.83192.84752.86002.8756
Camarilla2.82722.82982.83232.83492.83752.84012.8426
Woodie2.79282.80462.82092.83272.84902.86082.8771
Fibonacci2.80382.81462.82122.83192.84272.84932.8600


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard2.74292.77822.80372.83902.86452.89982.9253
Camarilla2.81242.81802.82352.82912.83472.84032.8458
Woodie2.73792.77582.79872.83662.85952.89742.9203
Fibonacci2.77822.80152.81582.83902.86232.87662.8998


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard2.61202.66532.76142.81472.91082.96413.0602
Camarilla2.81652.83022.84392.85762.87132.88502.8987
Woodie2.63352.67602.78292.82542.93232.97483.0817
Fibonacci2.66532.72232.75762.81472.87172.90702.9641

Numerical data


The following is the status of the technical indicators and moving averages at the time of publication of this technical analysis:

Technical indicators
Moving averages

RSI (14): 54.47
MACD (12,26,9): 0.0013
Directional Movement: 8.5735
AROON (14): 7.1429
DEMA (21): 2.8369
Parabolic SAR (0,02-0,02-0,2): 2.8297
Elder Ray (13): 0.0012
Super Trend (3,10): 2.8239
Zig ZAG (10): 2.8374
VORTEX (21): 1.0255
Stochastique (14,3,5): 65.20
TEMA (21): 2.8377
Williams %R (14): -22.06
Chande Momentum Oscillator (20): 0.0064
Repulse (5,40,3): 0.1550
ROCnROLL: 1
TRIX (15,9): 0.0074
Courbe Coppock: 0.11
MA7: 2.8324
MA20: 2.8337
MA50: 2.7813
MA100: 2.7395
MAexp7: 2.8367
MAexp20: 2.8352
MAexp50: 2.8333
MAexp100: 2.8333
Price / MA7: +0.11%
Price / MA20: +0.06%
Price / MA50: +1.95%
Price / MA100: +3.50%
Price / MAexp7: -0.04%
Price / MAexp20: +0.01%
Price / MAexp50: +0.08%
Price / MAexp100: +0.08%

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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