USD/CZK - 1H - Technical analysis published on 04/14/2022 (GMT)
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- Timeframe : 1H
- - Analysis generated on
- Status : TARGET REACHED
Analysis too old. There are no more charts available.
Summary of the analysis
Trends
Short term:
Strongly bullish
Underlying:
Bullish
Technical indicators
83%
0%
17%
My opinion
Bullish above 22.5067 CZK
My targets
22.6095 CZK (+0.0795)
22.8206 CZK (+0.2906)
My analysis
USD/CZK 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 22.5067 CZK. The next resistance located at 22.6095 CZK is the next bullish target 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 22.8206 CZK. After this resistance, buyers could then target 23.4329 CZK.
Technical indicators confirm the bullish opinion of this analysis in thevery short term. However, be careful of excessive bullish movements. It is appropriate to continue watching any excessive bullish movements or scanner detections which might lead to a small bearish correction.
Force
0
10
7.3
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This analysis was given by Vincent Launay. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
USD/CZK rating 22.5300 CZK. The price has increased by +0.50% since the last closing and was between 22.3447 CZK and 22.5598 CZK. This implies that the price is at +0.83% from its lowest and at -0.13% from its highest.22.3447
22.5598
22.5300
The Central Gaps scanner detects a bullish opening. A small advantage for buyers in the very short term.
Bullish opening
Type : Bullish
Timeframe : Openning
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 month)
Type : Bullish
Timeframe : Weekly
Technical
A technical analysis in 1H of this USD/CZK chart shows a bullish trend. The signals returned by the moving averages are 78.57% bullish. This bullish trend is reinforced by the strong signals currently being given by short-term moving averages. The Central Indicators market scanner is currently detecting several bullish signals that could impact this trend:
Bullish trend reversal : Moving Average 20
Type : Bullish
Timeframe : 1 hour
Bullish trend reversal : Moving Average 50
Type : Bullish
Timeframe : 1 hour
An assessment of technical indicators shows a strong bullish signal.
Caution: the Central Indicators scanner currently detects an excess:
CCI indicator is overbought : over 100
Type : Neutral
Timeframe : 1 hour
Previous candle closed over Bollinger bands
Type : Neutral
Timeframe : 1 hour
Williams %R indicator is overbought : over -20
Type : Neutral
Timeframe : 1 hour
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:
Near support of triangle
Type : Bullish
Timeframe : 1 hour
The presence of these Japanese chandelier patterns detected by Central Candlesticks that could impact the current short-term trend were also noted:
White gravestone / inverted hammer
Type : Neutral
Timeframe : 1 hour
Three white soldiers
Type : Bullish
Timeframe : 1 hour
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 22.2203 | 22.3761 | 22.5067 | 22.5300 | 22.5520 | 22.6095 | 22.8206 |
| Change (%) | -1.37% | -0.68% | -0.10% | - | +0.10% | +0.35% | +1.29% |
| Change | -0.3097 | -0.1539 | -0.0233 | - | +0.0220 | +0.0795 | +0.2906 |
| Level | Intermediate | Major | Minor | - | Minor | Intermediate | Major |
To determine price objectives, it is also possible to use the pivot points. Here is the price position in relation to pivot points:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 22.1279 | 22.2672 | 22.3429 | 22.4822 | 22.5579 | 22.6972 | 22.7729 |
| Camarilla | 22.3596 | 22.3793 | 22.3990 | 22.4187 | 22.4384 | 22.4581 | 22.4778 |
| Woodie | 22.0962 | 22.2513 | 22.3112 | 22.4663 | 22.5262 | 22.6813 | 22.7412 |
| Fibonacci | 22.2672 | 22.3493 | 22.4000 | 22.4822 | 22.5643 | 22.6150 | 22.6972 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 21.5360 | 21.7799 | 22.1204 | 22.3643 | 22.7048 | 22.9487 | 23.2892 |
| Camarilla | 22.3002 | 22.3538 | 22.4073 | 22.4609 | 22.5145 | 22.5680 | 22.6216 |
| Woodie | 21.5843 | 21.8041 | 22.1687 | 22.3885 | 22.7531 | 22.9729 | 23.3375 |
| Fibonacci | 21.7799 | 22.0031 | 22.1411 | 22.3643 | 22.5875 | 22.7255 | 22.9487 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 19.1977 | 20.5183 | 21.2822 | 22.6028 | 23.3667 | 24.6873 | 25.4512 |
| Camarilla | 21.4728 | 21.6638 | 21.8549 | 22.0460 | 22.2371 | 22.4282 | 22.6192 |
| Woodie | 18.9193 | 20.3791 | 21.0038 | 22.4636 | 23.0883 | 24.5481 | 25.1728 |
| Fibonacci | 20.5183 | 21.3146 | 21.8066 | 22.6028 | 23.3991 | 23.8911 | 24.6873 |
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): | 64.23 | |
| MACD (12,26,9): | -0.0064 | |
| Directional Movement: | 15.0804 | |
| AROON (14): | 57.1429 | |
| DEMA (21): | 22.4274 | |
| Parabolic SAR (0,02-0,02-0,2): | 22.3693 | |
| Elder Ray (13): | 0.0977 | |
| Super Trend (3,10): | 22.3947 | |
| Zig ZAG (10): | 22.5317 | |
| VORTEX (21): | 1.1168 | |
| Stochastique (14,3,5): | 92.23 | |
| TEMA (21): | 22.4408 | |
| Williams %R (14): | -11.85 | |
| Chande Momentum Oscillator (20): | 0.1428 | |
| Repulse (5,40,3): | 0.4971 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | -0.0189 | |
| Courbe Coppock: | 0.18 |
| MA7: | 22.4979 | |
| MA20: | 22.3528 | |
| MA50: | 22.2514 | |
| MA100: | 22.1209 | |
| MAexp7: | 22.4631 | |
| MAexp20: | 22.4457 | |
| MAexp50: | 22.4689 | |
| MAexp100: | 22.4624 | |
| Price / MA7: | +0.14% | |
| Price / MA20: | +0.79% | |
| Price / MA50: | +1.25% | |
| Price / MA100: | +1.85% | |
| Price / MAexp7: | +0.30% | |
| Price / MAexp20: | +0.38% | |
| Price / MAexp50: | +0.27% | |
| Price / MAexp100: | +0.30% |
Quotes :
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Real time data
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Forex
This member declared not having a position on this financial instrument or a related financial instrument.
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