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USD/CZK
USD CZK
- CZK (-)
- Real time data - Forex
Open: -
Change: -
Volume: -
Low: -
High: -
High / Low range: -
Type: Forex
Ticker: USDCZK
ISIN:

USD/CZK - 1H - Technical analysis published on 07/21/2022 (GMT)

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  • Timeframe : 1H
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Summary of the analysis

Trends
Short term: Strongly bullish
Underlying: Bullish
Technical indicators
78%
17%
6%
My opinion
Bullish above 24.0736 CZK
My targets
24.2484 CZK (+0.0963)
24.3520 CZK (+0.1999)
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 24.0736 CZK. The next resistance located at 24.2484 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 24.3520 CZK. After this resistance, buyers could then target 24.4900 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
5.5

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.

nwbrown2
This analysis was given by nwbrown2. Take part yourself by sharing additional analysis on another time unit:
15 min. Daily Weekly

Additional analysis

Quotes

USD/CZK rating 24.1521 CZK. The price registered an increase of +0.19% on the session and was traded between 23.9919 CZK and 24.1812 CZK over the period. The price is currently at +0.67% from its lowest and -0.12% from its highest.

23.9919
24.1812
24.1521

The Central Gaps scanner detects a bearish opening. A small advantage for sellers in the very short term.

Central Gaps

Bearish opening

Type : Bearish

Timeframe : Openning



Here is a more detailed summary of the historical variations registered by USD/CZK:
The Central Records scanner for higher/lower results shows the following items:

Central Records

Near a new HIGH record (1 year)

Type : Bullish

Timeframe : Weekly


Near a new HIGH record (1st january)

Type : Bullish

Timeframe : Weekly


Near a new LOW record (1 month)

Type : Bearish

Timeframe : Weekly



Technical


A technical analysis in 1H of this USD/CZK chart shows a bullish trend. 67.86% of the signals given by moving averages are bullish. The overall trend is reinforced by the strong bullish signals from short-term moving averages. The Central Indicators scanner detects bullish signals on moving averages that could impact this trend:

Central Indicators

Bullish trend reversal : adaptative moving average 100

Type : Bullish

Timeframe : 1 hour


Moving Average bullish crossovers : AMA20 & AMA50

Type : Bullish

Timeframe : 1 hour


Bullish price crossover with adaptative moving average 100

Type : Bullish

Timeframe : 1 hour



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

Central Indicators

CCI indicator is overbought : over 100

Type : Neutral

Timeframe : 1 hour


Williams %R indicator is overbought : over -20

Type : Neutral

Timeframe : 1 hour

Central Indicators, the detector scanner for these technical indicators has recently detected several signals:

Central Indicators

MACD crosses UP its Moving Average

Type : Bullish

Timeframe : 1 hour


Parabolic SAR indicator bullish reversal

Type : Bullish

Timeframe : 1 hour



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

Central Patterns

Near resistance of channel

Type : Bearish

Timeframe : 1 hour


Near resistance of triangle

Type : Bearish

Timeframe : 1 hour



For a small rebound in the very short term, the Central Candlesticks scanner currently notes the presence of this bullish pattern in Japanese candlesticks:

Central Candlesticks

Three white soldiers

Type : Bullish

Timeframe : 1 hour




ProTrendLines
S3
S2
S1
R1
R2
R3
Price


S3S2S1PriceR1R2R3
ProTrendLines 23.8946 23.9685 24.0736 24.1521 24.1696 24.2484 24.3520
Change (%) -1.07% -0.76% -0.33% - +0.07% +0.40% +0.83%
Change -0.2575 -0.1836 -0.0785 - +0.0175 +0.0963 +0.1999
Level Minor Minor Major - Intermediate Intermediate Minor



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
Standard23.538523.678323.892324.032124.246124.385924.5999
Camarilla24.009124.041524.074024.106424.138824.171324.2037
Woodie23.575723.696923.929524.050724.283324.404524.6371
Fibonacci23.678323.813423.896924.032124.167224.250724.3859


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard23.511023.792524.045624.327124.580224.861725.1148
Camarilla24.151624.200624.249624.298624.347624.396624.4456
Woodie23.496723.785424.031324.320024.565924.854625.1005
Fibonacci23.792523.996824.122924.327124.531424.657524.8617


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard22.053822.473523.041223.460924.028624.448325.0160
Camarilla23.337523.428023.518523.609023.699523.790023.8805
Woodie22.127922.510523.115323.497924.102724.485325.0901
Fibonacci22.473522.850723.083723.460923.838124.071124.4483

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): 60.35
MACD (12,26,9): 0.0227
Directional Movement: 8.0723
AROON (14): -78.5714
DEMA (21): 24.0954
Parabolic SAR (0,02-0,02-0,2): 23.9919
Elder Ray (13): 0.0598
Super Trend (3,10): 23.9764
Zig ZAG (10): 24.1548
VORTEX (21): 1.1406
Stochastique (14,3,5): 79.59
TEMA (21): 24.1216
Williams %R (14): -4.15
Chande Momentum Oscillator (20): 0.0595
Repulse (5,40,3): 0.4765
ROCnROLL: 1
TRIX (15,9): 0.0147
Courbe Coppock: 0.11
MA7: 24.1997
MA20: 24.0139
MA50: 23.5940
MA100: 23.2006
MAexp7: 24.0981
MAexp20: 24.0637
MAexp50: 24.0570
MAexp100: 24.1093
Price / MA7: -0.20%
Price / MA20: +0.58%
Price / MA50: +2.37%
Price / MA100: +4.10%
Price / MAexp7: +0.22%
Price / MAexp20: +0.37%
Price / MAexp50: +0.40%
Price / MAexp100: +0.18%

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 AI

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