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

USD/PLN - 1H - Technical analysis published on 07/14/2022 (GMT)

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  • Timeframe : 1H
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Summary of the analysis

Trends
Short term: Bullish
Underlying: Strongly bullish
Technical indicators
33%
28%
39%
My opinion
Bullish above 4.8035 PLN
My targets
4.8508 PLN (+0.0351)
My analysis
The basic bullish trend is very strong on USD/PLN 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 4.8035 PLN. Crossing the first resistance at 4.8508 PLN would be a sign of a potential new surge in the price. Caution, a return to below 4.8035 PLN 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
4.8

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

Additional analysis

Quotes

The USD/PLN price is 4.8157 PLN. The price registered a decrease of -0.04% on the session with the lowest point at 4.8030 PLN and the highest point at 4.8397 PLN. The deviation from the price is +0.26% for the low point and -0.50% for the high point.

4.8030
4.8397
4.8157

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/PLN:
The Central Records scanner, which identifies the highest / lowest, has detected several elements:

Central Records

New HIGH record (5 years)

Type : Bullish

Timeframe : Weekly


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/PLN indicates that the overall trend is strongly bullish. The signals given by moving averages are 82.14% bullish. This strongly bullish trend seems to be running out of steam given the signals being given by short-term moving averages. The Central Indicators scanner detects bullish and bearish signals on moving averages that could impact this trend:

Central Indicators

Bearish trend reversal : Moving Average 50

Type : Bearish

Timeframe : 1 hour


Bullish price crossover with Moving Average 50

Type : Bullish

Timeframe : 1 hour



An assessment of technical indicators does not currently provide any relevant information to suggest whether the signal given by the technical indicators is more bullish or bearish.
Caution: the Central Indicators scanner currently detects an excess:

Central Indicators

Williams %R indicator is oversold : under -80

Type : Neutral

Timeframe : 1 hour

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

Central Indicators

Pivot points : price is over resistance 1

Type : Neutral

Timeframe : Weekly


MACD crosses DOWN its Moving Average

Type : Bearish

Timeframe : 1 hour


Momentum indicator is back under 0

Type : Bearish

Timeframe : 1 hour



Central Patterns, the market scanner focusing on chart patterns, resistances and supports found these results:

Central Patterns

Near support of channel

Type : Bullish

Timeframe : 1 hour


Near support of triangle

Type : Bullish

Timeframe : 1 hour



The presence of a bullish Japanese candlestick pattern detected by Central Candlesticks that could cause a very short term rebound was also detected:

Central Candlesticks

Bullish doji star

Type : Bullish

Timeframe : 1 hour




ProTrendLines
S3
S2
S1
R1
Price


S3S2S1PriceR1
ProTrendLines 4.6179 4.6746 4.7653 4.8157 4.8508
Change (%) -4.11% -2.93% -1.05% - +0.73%
Change -0.1978 -0.1411 -0.0504 - +0.0351
Level Minor Intermediate Major - Intermediate



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
Standard4.69644.73084.77414.80854.85184.88624.9295
Camarilla4.79614.80334.81044.81754.82464.83184.8389
Woodie4.70104.73304.77874.81074.85644.88844.9341
Fibonacci4.73084.76054.77884.80854.83824.85654.8862


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard4.24914.36874.52634.64594.80354.92315.0807
Camarilla4.60764.63304.65844.68384.70924.73464.7600
Woodie4.26804.37824.54524.65544.82244.93265.0996
Fibonacci4.36874.47464.54004.64594.75184.81724.9231


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard4.01674.13404.31004.42734.60334.72064.8966
Camarilla4.40534.43224.45914.48604.51294.53984.5667
Woodie4.04614.14874.33944.44204.63274.73534.9260
Fibonacci4.13404.24604.31534.42734.53934.60864.7206

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): 47.94
MACD (12,26,9): 0.0044
Directional Movement: 4.3382
AROON (14): 78.5714
DEMA (21): 4.8189
Parabolic SAR (0,02-0,02-0,2): 4.8025
Elder Ray (13): -0.0091
Super Trend (3,10): 4.7852
Zig ZAG (10): 4.8050
VORTEX (21): 0.9859
Stochastique (14,3,5): 38.04
TEMA (21): 4.8182
Williams %R (14): -84.69
Chande Momentum Oscillator (20): -0.0012
Repulse (5,40,3): -0.3071
ROCnROLL: -1
TRIX (15,9): 0.0150
Courbe Coppock: 0.85
MA7: 4.7541
MA20: 4.5705
MA50: 4.4512
MA100: 4.3808
MAexp7: 4.8156
MAexp20: 4.8128
MAexp50: 4.8013
MAexp100: 4.7719
Price / MA7: +1.30%
Price / MA20: +5.36%
Price / MA50: +8.19%
Price / MA100: +9.93%
Price / MAexp7: +0.00%
Price / MAexp20: +0.06%
Price / MAexp50: +0.30%
Price / MAexp100: +0.92%

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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