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 09/08/2022 (GMT)

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  • Timeframe : 1H
  • - Analysis generated on
  • Status : TARGET REACHED

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Summary of the analysis

Trends
Short term: Strongly bearish
Underlying: Bearish
Technical indicators
22%
44%
33%
My opinion
Bearish under 4.7380 PLN
My targets
4.7006 PLN (-0.0124)
4.6826 PLN (-0.0304)
My analysis
All elements being clearly bearish, it would be possible for traders to trade only short positions (for sale) on USD/PLN as long as the price remains well below 4.7380 PLN. The sellers' bearish objective is set at 4.7006 PLN. A bearish break of this support would revive the bearish momentum. The sellers could then target the support located at 4.6826 PLN. In case of crossing, the next objective would be the support located at 4.5826 PLN.

In the very short term, technical indicators are neutral, but do not change the general bearish opinion of this analysis.
Force
0
10
5.4

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

USD/PLN rating 4.7130 PLN. On the day, this instrument lost -0.04% and was traded between 4.6963 PLN and 4.7389 PLN over the period. The price is currently at +0.36% from its lowest and -0.55% from its highest.

4.6963
4.7389
4.7130

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

Central Records

Near a 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 LOW record (1 month)

Type : Bearish

Timeframe : Weekly



Technical


A technical analysis in 1H of this USD/PLN chart shows a bearish trend. 78.57% of the signals given by moving averages are bearish. This bearish trend is supported by the strong bearish signals given by short-term moving averages. An assessment of moving averages reveals a bullish signal that could impact this trend:

Central Indicators

Bullish trend reversal : Moving Average 100

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

CCI indicator is oversold : under -100

Type : Neutral

Timeframe : 1 hour


CCI indicator: bullish divergence

Type : Bullish

Timeframe : 1 hour


RSI indicator: bullish divergence

Type : Bullish

Timeframe : 1 hour


Williams %R indicator is oversold : under -80

Type : Neutral

Timeframe : 1 hour

Central Indicators, the scanner specialised in technical indicators, has identified these signals:

Central Indicators

MACD crosses DOWN its Moving Average

Type : Bearish

Timeframe : 1 hour


Price is back under the pivot point

Type : Bearish

Timeframe : Weekly



An analysis of the price chart with the Central Patterns scanner (detector of chart patterns and resistances and supports) shows several results that can have an impact on the price change:

Central Patterns

Near horizontal support

Type : Bullish

Timeframe : 1 hour


Support of channel is broken

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

Bullish harami

Type : Bullish

Timeframe : 1 hour




ProTrendLines
S3
S2
S1
R1
R2
R3
Price


S3S2S1PriceR1R2R3
ProTrendLines 4.6826 4.7006 4.7128 4.7130 4.7508 4.7601 4.7928
Change (%) -0.65% -0.26% +0.00% - +0.80% +1.00% +1.69%
Change -0.0304 -0.0124 -0.0002 - +0.0378 +0.0471 +0.0798
Level Major Minor Minor - Intermediate Minor Intermediate



Attention could also be paid to pivot points to set price objectives:

Daily
Pivot points S3 S2 S1 PP R1 R2 R3
Standard4.58284.64184.67834.73734.77384.83284.8693
Camarilla4.68844.69724.70604.71474.72354.73224.7410
Woodie4.57154.63624.66704.73174.76254.82724.8580
Fibonacci4.64184.67834.70094.73734.77384.79644.8328


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard4.57464.62864.68404.73804.79344.84744.9028
Camarilla4.70944.71944.72954.73954.74954.75964.7696
Woodie4.57544.62904.68484.73844.79424.84784.9036
Fibonacci4.62864.67044.69624.73804.77984.80564.8474


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard4.21984.36414.53524.67954.85064.99495.1660
Camarilla4.61974.64864.67754.70644.73534.76424.7931
Woodie4.23334.37084.54874.68624.86415.00165.1795
Fibonacci4.36414.48464.55904.67954.80004.87444.9949

Numerical data


The following are the details of the technical indicators and moving averages that were collected to generate this technical analysis:

Technical indicators
Moving averages

RSI (14): 40.66
MACD (12,26,9): -0.0091
Directional Movement: -12.4366
AROON (14): -28.5714
DEMA (21): 4.7109
Parabolic SAR (0,02-0,02-0,2): 4.7381
Elder Ray (13): -0.0113
Super Trend (3,10): 4.7449
Zig ZAG (10): 4.7073
VORTEX (21): 0.8283
Stochastique (14,3,5): 18.65
TEMA (21): 4.7086
Williams %R (14): -76.29
Chande Momentum Oscillator (20): -0.0133
Repulse (5,40,3): -0.2983
ROCnROLL: 2
TRIX (15,9): -0.0317
Courbe Coppock: 0.04
MA7: 4.7336
MA20: 4.7119
MA50: 4.6790
MA100: 4.5378
MAexp7: 4.7138
MAexp20: 4.7239
MAexp50: 4.7374
MAexp100: 4.7422
Price / MA7: -0.44%
Price / MA20: +0.02%
Price / MA50: +0.73%
Price / MA100: +3.86%
Price / MAexp7: -0.02%
Price / MAexp20: -0.23%
Price / MAexp50: -0.52%
Price / MAexp100: -0.62%

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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