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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 10/22/2024 (GMT)

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Londinia
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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
61%
11%
28%
My opinion
Bullish above 2.4133 PLN
My targets
2.4223 PLN (+0.0059)
2.4403 PLN (+0.0239)
My analysis
NZD/PLN 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 2.4133 PLN. The next resistance located at 2.4223 PLN is the next bullish objective 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 2.4403 PLN. After this resistance, buyers could then target 2.4737 PLN. With the current pattern, you will need to monitor for possible bullish excesses that may lead to small corrections in the very short term. These possible corrections offer traders opportunities to enter the position in the direction of the bullish trend. Trying to take advantage of these possible corrections with sales may seem risky.

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
7.7

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.

Londinia
This analysis was given by Londinia. Take part yourself by sharing additional analysis on another time unit:
15 min. Daily Weekly

Additional analysis

Quotes

NZD/PLN rating 2.4164 PLN. The price has increased by +0.44% since the last closing and was traded between 2.4050 PLN and 2.4217 PLN over the period. The price is currently at +0.47% from its lowest and -0.22% from its highest.

2.4050
2.4217
2.4164

A study of price movements over other periods shows the following variations:
The study of the highest / lowest by the Central Records scanner shows the following results:

Central Records

Near a new LOW record (1 year)

Type : Bearish

Timeframe : Weekly


Near a new LOW record (1st january)

Type : Bearish

Timeframe : Weekly


Near a new HIGH record (1 month)

Type : Bullish

Timeframe : Weekly



Technical


A technical analysis in 1H of this NZD/PLN chart shows a strongly 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. There is no crossing of moving average by the price or crossing of moving averages between themselves.

The probability of a further increase are moderate given the direction of the technical indicators.
Caution: the Central Indicators scanner currently detects an excess:

Central Indicators

RSI indicator: bearish divergence

Type : Bearish

Timeframe : 1 hour

Central Indicators, the scanner specialised in technical indicators, has identified this signal:

Central Indicators

Pivot points : price is over resistance 1

Type : Neutral

Timeframe : 1 hour



The Central Patterns scanner, which studies chart patterns, resistances and supports, has identified these signals:

Central Patterns

Near horizontal resistance

Type : Bearish

Timeframe : 1 hour


Resistance of channel is broken

Type : Bullish

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 2.4049 2.4103 2.4133 2.4164 2.4223 2.4403 2.4737
Change (%) -0.48% -0.25% -0.13% - +0.24% +0.99% +2.37%
Change -0.0115 -0.0061 -0.0031 - +0.0059 +0.0239 +0.0573
Level Minor Minor Intermediate - Major Minor 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
Standard2.39212.39782.40192.40762.41172.41742.4215
Camarilla2.40322.40412.40502.40592.40682.40772.4086
Woodie2.39122.39742.40102.40722.41082.41702.4206
Fibonacci2.39782.40162.40392.40762.41142.41372.4174


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard2.34562.36442.38502.40382.42442.44322.4638
Camarilla2.39482.39842.40202.40562.40922.41282.4164
Woodie2.34652.36492.38592.40432.42532.44372.4647
Fibonacci2.36442.37952.38882.40382.41892.42822.4432


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard2.31562.34372.39202.42012.46842.49652.5448
Camarilla2.41932.42632.43332.44032.44732.45432.4613
Woodie2.32572.34882.40212.42522.47852.50162.5549
Fibonacci2.34372.37292.39092.42012.44932.46732.4965

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): 56.83
MACD (12,26,9): 0.0022
Directional Movement: 8.3978
AROON (14): 92.8571
DEMA (21): 2.4164
Parabolic SAR (0,02-0,02-0,2): 2.4089
Elder Ray (13): 0.0025
Super Trend (3,10): 2.4211
Zig ZAG (10): 2.4162
VORTEX (21): 1.1085
Stochastique (14,3,5): 80.31
TEMA (21): 2.4176
Williams %R (14): -36.18
Chande Momentum Oscillator (20): 0.0042
Repulse (5,40,3): -0.0543
ROCnROLL: 1
TRIX (15,9): 0.0100
Courbe Coppock: 0.59
MA7: 2.4030
MA20: 2.4113
MA50: 2.3948
MA100: 2.4018
MAexp7: 2.4163
MAexp20: 2.4137
MAexp50: 2.4110
MAexp100: 2.4079
Price / MA7: +0.56%
Price / MA20: +0.21%
Price / MA50: +0.90%
Price / MA100: +0.61%
Price / MAexp7: +0.00%
Price / MAexp20: +0.11%
Price / MAexp50: +0.22%
Price / MAexp100: +0.35%

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
Londinia AI

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