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 02/20/2025 (GMT)

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  • Timeframe : 1H
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Summary of the analysis

Trends
Short term: Bullish
Underlying: Strongly bullish
Technical indicators
28%
44%
28%
My opinion
Bullish above 24.0332 CZK
My targets
24.1831 CZK (+0.1007)
24.2638 CZK (+0.1814)
My analysis
The basic bullish trend is very strong on USD/CZK 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 24.0332 CZK. Crossing the first resistance at 24.1831 CZK would be a sign of a potential new surge in the price. Buyers would then use the next resistance located at 24.2638 CZK as an objective. Crossing it would then enable buyers to target 24.3665 CZK. Caution, a return to below 24.0332 CZK 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 not called into question, despite technical indicators being indecisive.
Force
0
10
4.5

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.

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

Additional analysis

Quotes

The USD/CZK price is 24.0824 CZK. On the day, this instrument lost -0.05% and was between 24.0667 CZK and 24.1144 CZK. This implies that the price is at +0.07% from its lowest and at -0.13% from its highest.

24.0667
24.1144
24.0824

The Central Gaps scanner detects a bullish opening marking the presence of buyers ahead of sellers at the opening but not sufficiently marked to allow the price to register a quotation gap.

Central Gaps

Bullish opening

Type : Bullish

Timeframe : Openning



Here is a more detailed summary of the historical variations registered by USD/CZK:
The study of the highest / lowest by the Central Records scanner shows the following results:

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 HIGH record (1 month)

Type : Bullish

Timeframe : Weekly



Technical


Technical analysis of this 1H chart of USD/CZK indicates that the overall trend is strongly bullish. 85.71% of the signals given by moving averages are bullish. The slightly bullish signals given by the short-term moving averages indicate this trend is showing signs of running out of steam. The Central Indicators market scanner currently does not detect any result that concerns moving averages.

In fact, Central Analyzer took into account 18 technical indicators and the result was as follows: 5 are bullish, 5 are neutral and 8 are bearish. Central Indicators, the detector scanner for these technical indicators has recently detected several signals:

Central Indicators

Price is back over the pivot point

Type : Bullish

Timeframe : Weekly


Momentum indicator is back under 0

Type : Bearish

Timeframe : 1 hour



Central Patterns, the market scanner focusing on chart patterns, resistances and supports found this result:

Central Patterns

Near support of channel

Type : Bullish

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 23.8836 23.9415 24.0332 24.0824 24.1831 24.2638 24.3665
Change (%) -0.83% -0.59% -0.20% - +0.42% +0.75% +1.18%
Change -0.1988 -0.1409 -0.0492 - +0.1007 +0.1814 +0.2841
Level Intermediate Minor Intermediate - Major Minor Minor



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
Standard23.801723.880823.987524.066624.173324.252424.3591
Camarilla24.043024.060024.077124.094124.111124.128224.1452
Woodie23.815423.887724.001224.073524.187024.259324.3728
Fibonacci23.880823.951823.995724.066624.137624.181524.2524


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard23.025423.416723.641024.032324.256624.647924.8722
Camarilla23.696023.752423.808923.865323.921723.978224.0346
Woodie22.941923.375023.557523.990624.173124.606224.7887
Fibonacci23.416723.651923.797124.032324.267524.412724.6479


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard22.889023.359723.820224.290924.751425.222125.6826
Camarilla24.024624.110024.195324.280724.366124.451424.5368
Woodie22.883923.357223.815124.288424.746325.219625.6775
Fibonacci23.359723.715423.935224.290924.646624.866425.2221

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): 55.07
MACD (12,26,9): 0.0180
Directional Movement: 4.4875
AROON (14): 14.2857
DEMA (21): 24.1066
Parabolic SAR (0,02-0,02-0,2): 24.1201
Elder Ray (13): 0.0056
Super Trend (3,10): 24.0318
Zig ZAG (10): 24.0897
VORTEX (21): 1.1632
Stochastique (14,3,5): 43.30
TEMA (21): 24.0998
Williams %R (14): -50.66
Chande Momentum Oscillator (20): -0.0426
Repulse (5,40,3): -0.0518
ROCnROLL: 1
TRIX (15,9): 0.0150
Courbe Coppock: 0.06
MA7: 23.9986
MA20: 24.1253
MA50: 24.1947
MA100: 23.8828
MAexp7: 24.0884
MAexp20: 24.0793
MAexp50: 24.0384
MAexp100: 24.0218
Price / MA7: +0.35%
Price / MA20: -0.18%
Price / MA50: -0.46%
Price / MA100: +0.84%
Price / MAexp7: -0.02%
Price / MAexp20: +0.01%
Price / MAexp50: +0.18%
Price / MAexp100: +0.25%

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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