USD/PLN - 1H - Technical analysis published on 01/14/2021 (GMT)
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- Timeframe : 1H
- - Analysis generated on
- Status : INVALID
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Summary of the analysis
Trends
Court terme:
Strongly bullish
De fond:
Strongly bullish
Technical indicators
83%
6%
11%
My opinion
Bullish above 3.7385 PLN
My targets
3.7784 PLN (+0.0299)
3.8084 PLN (+0.0599)
My analysis
USD/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 3.7385 PLN. The next resistance located at 3.7784 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 3.8084 PLN. After this resistance, buyers could then target 3.9017 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
8.6
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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
The USD/PLN rating is 3.7485 PLN. The price has increased by +0.40% since the last closing with the lowest point at 3.7270 PLN and the highest point at 3.7561 PLN. The deviation from the price is +0.58% for the low point and -0.20% for the high point.3.7270
3.7561
3.7485
Here is a more detailed summary of the historical variations registered by USD/PLN:
Near a new LOW record (1st january)
Type : Bearish
Timeframe : Weekly
Technical
Technical analysis of this 1H chart of USD/PLN indicates that the overall trend is strongly bullish. 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. The Central Indicators market scanner is currently detecting a bullish signal that could impact this trend:
Bullish price crossover with Moving Average 20
Type : Bullish
Timeframe : 1 hour
In fact, according to the parameters integrated into the Central Analyzer system, 15 technical indicators out of 18 analysed are currently bullish. Caution: the Central Indicators scanner currently detects an excess:
CCI indicator is overbought : over 100
Type : Neutral
Timeframe : 1 hour
Williams %R indicator is overbought : over -20
Type : Neutral
Timeframe : 1 hour
Pivot points : price is over resistance 1
Type : Neutral
Timeframe : 1 hour
Pivot points : price is over resistance 1
Type : Neutral
Timeframe : Weekly
MACD crosses UP its Moving Average
Type : Bullish
Timeframe : 1 hour
Parabolic SAR indicator bullish reversal
Type : Bullish
Timeframe : 1 hour
Aroon indicator bullish trend
Type : Bullish
Timeframe : 1 hour
Momentum indicator is back over 0
Type : Bullish
Timeframe : 1 hour
Williams %R indicator is back over -50
Type : Bullish
Timeframe : 1 hour
The Central Patterns scanner, which studies chart patterns, resistances and supports, has identified these signals:
Horizontal resistance is broken
Type : Bullish
Timeframe : 1 hour
Resistance of triangle is broken
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
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 3.6995 | 3.7296 | 3.7385 | 3.7485 | 3.7784 | 3.9017 | 3.9606 |
| Change (%) | -1.31% | -0.50% | -0.27% | - | +0.80% | +4.09% | +5.66% |
| Change | -0.0490 | -0.0189 | -0.0100 | - | +0.0299 | +0.1532 | +0.2121 |
| Level | Major | Minor | Intermediate | - | Major | Intermediate | Intermediate |
Attention could also be paid to pivot points to set price objectives:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 3.6701 | 3.6848 | 3.7092 | 3.7239 | 3.7483 | 3.7630 | 3.7874 |
| Camarilla | 3.7230 | 3.7265 | 3.7301 | 3.7337 | 3.7373 | 3.7409 | 3.7445 |
| Woodie | 3.6751 | 3.6872 | 3.7142 | 3.7263 | 3.7533 | 3.7654 | 3.7924 |
| Fibonacci | 3.6848 | 3.6997 | 3.7089 | 3.7239 | 3.7388 | 3.7480 | 3.7630 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 3.5741 | 3.6130 | 3.6522 | 3.6911 | 3.7303 | 3.7692 | 3.8084 |
| Camarilla | 3.6698 | 3.6770 | 3.6841 | 3.6913 | 3.6985 | 3.7056 | 3.7128 |
| Woodie | 3.5742 | 3.6131 | 3.6523 | 3.6912 | 3.7304 | 3.7693 | 3.8085 |
| Fibonacci | 3.6130 | 3.6429 | 3.6613 | 3.6911 | 3.7210 | 3.7394 | 3.7692 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 3.4991 | 3.5579 | 3.6429 | 3.7017 | 3.7867 | 3.8455 | 3.9305 |
| Camarilla | 3.6883 | 3.7014 | 3.7146 | 3.7278 | 3.7410 | 3.7542 | 3.7674 |
| Woodie | 3.5121 | 3.5645 | 3.6559 | 3.7083 | 3.7997 | 3.8521 | 3.9435 |
| Fibonacci | 3.5579 | 3.6129 | 3.6468 | 3.7017 | 3.7567 | 3.7906 | 3.8455 |
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): | 68.95 | |
| MACD (12,26,9): | 0.0048 | |
| Directional Movement: | 18.3395 | |
| AROON (14): | 21.4286 | |
| DEMA (21): | 3.7411 | |
| Parabolic SAR (0,02-0,02-0,2): | 3.7270 | |
| Elder Ray (13): | 0.0084 | |
| Super Trend (3,10): | 3.7250 | |
| Zig ZAG (10): | 3.7523 | |
| VORTEX (21): | 1.0789 | |
| Stochastique (14,3,5): | 63.46 | |
| TEMA (21): | 3.7427 | |
| Williams %R (14): | -16.15 | |
| Chande Momentum Oscillator (20): | 0.0195 | |
| Repulse (5,40,3): | 0.4690 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | 0.0200 | |
| Courbe Coppock: | 0.31 |
| MA7: | 3.7077 | |
| MA20: | 3.6931 | |
| MA50: | 3.7231 | |
| MA100: | 3.7720 | |
| MAexp7: | 3.7435 | |
| MAexp20: | 3.7342 | |
| MAexp50: | 3.7261 | |
| MAexp100: | 3.7175 | |
| Price / MA7: | +1.10% | |
| Price / MA20: | +1.50% | |
| Price / MA50: | +0.68% | |
| Price / MA100: | -0.62% | |
| Price / MAexp7: | +0.13% | |
| Price / MAexp20: | +0.38% | |
| Price / MAexp50: | +0.60% | |
| Price / MAexp100: | +0.83% |
Quotes :
2021-01-14 14:35:34
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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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