USD/PLN

- PLN (-)

- Real time data - Forex

Open:	-
Change:	-
Volume:	-

Low:	-
High:	-
High / Low range:	-

Type:	Forex
Ticker:	USDPLN
ISIN:

USD/PLN - Daily - Technical analysis published on 09/27/2022 (GMT)

Londinia

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Timeframe : Daily
- Analysis generated on
Status : TARGET REACHED

Summary of the analysis

Trends

Short term: Strongly bullish

Underlying: Strongly bullish

Technical indicators

94%

My opinion

Bullish above 4.8175 PLN

My targets

4.9949 PLN (+0.0506)

5.1660 PLN (+0.2217)

My analysis

The bullish trend is currently very strong on USD/PLN. As long as the price remains above the support at 4.8175 PLN, you could try to benefit from the boom. The first bullish objective is located at 4.9949 PLN. The bullish momentum would be boosted by a break in this resistance. Buyers would then use the next resistance located at 5.1660 PLN as an objective. Be careful, given the powerful bullish rally underway, excesses could lead to a possible correction in the short term. 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.

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

9.1

Comment on the analysis

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:

Additional analysis

Quotes

USD/PLN rating 4.9443 PLN. On the day, this instrument gained +0.00% with the lowest point at 4.9129 PLN and the highest point at 4.9636 PLN. The deviation from the price is +0.64% for the low point and -0.39% for the high point.

4.9129

4.9636

4.9443

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

Bullish opening

Type : Bullish

Timeframe : Openning

A study of price movements over other periods shows the following variations:

The Central Records scanner for higher/lower results shows the following items:

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 USD/PLN in Daily shows a strongly overall bullish trend. The signals given by the moving averages are 92.86% bullish. This strong bullish trend is confirmed by the strong signals currently being given by short-term moving averages. There is no crossing of moving average by the price or crossing of moving averages between themselves.

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

RSI indicator is overbought : over 70

Type : Neutral

Timeframe : Daily

CCI indicator is overbought : over 100

Type : Neutral

Timeframe : Daily

Previous candle closed over Bollinger bands

Type : Neutral

Timeframe : Daily

Williams %R indicator is overbought : over -20

Type : Neutral

Timeframe : Daily

The Central Indicators scanner specialised in technical indicators, has not detected anything further.

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

Near resistance of channel

Type : Bearish

Timeframe : Daily

Near horizontal support

Type : Bullish

Timeframe : Daily

The Central Candlesticks scanner which studies Japanese candlesticks did not detect anything.

ProTrendLines

Price

	S3	S2	S1	Price
ProTrendLines	4.2915	4.5406	4.8175	4.9443
Change (%)	-13.20%	-8.16%	-2.56%	-
Change	-0.6528	-0.4037	-0.1268	-
Level	Major	Intermediate	Major	-

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

Daily

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	4.8125	4.8469	4.8956	4.9300	4.9787	5.0131	5.0618
Camarilla	4.9216	4.9292	4.9368	4.9444	4.9520	4.9596	4.9673
Woodie	4.8198	4.8505	4.9029	4.9336	4.9860	5.0167	5.0691
Fibonacci	4.8469	4.8786	4.8982	4.9300	4.9617	4.9813	5.0131

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	4.5043	4.5928	4.7454	4.8339	4.9865	5.0750	5.2276
Camarilla	4.8318	4.8539	4.8760	4.8981	4.9202	4.9423	4.9644
Woodie	4.5365	4.6088	4.7776	4.8499	5.0187	5.0910	5.2598
Fibonacci	4.5928	4.6849	4.7418	4.8339	4.9260	4.9829	5.0750

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	4.2198	4.3641	4.5352	4.6795	4.8506	4.9949	5.1660
Camarilla	4.6197	4.6486	4.6775	4.7064	4.7353	4.7642	4.7931
Woodie	4.2333	4.3708	4.5487	4.6862	4.8641	5.0016	5.1795
Fibonacci	4.3641	4.4846	4.5590	4.6795	4.8000	4.8744	4.9949

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):	69.59
MACD (12,26,9):	0.0566
Directional Movement:	18.3765
AROON (14):	71.4285
DEMA (21):	4.8512
Parabolic SAR (0,02-0,02-0,2):	4.6874
Elder Ray (13):	0.1207
Super Trend (3,10):	4.7267
Zig ZAG (10):	4.9479
VORTEX (21):	1.1333
Stochastique (14,3,5):	94.13
TEMA (21):	4.8814
Williams %R (14):	-4.58
Chande Momentum Oscillator (20):	0.2742
Repulse (5,40,3):	2.2065
ROCnROLL:	1
TRIX (15,9):	0.0959
Courbe Coppock:	5.60

MA7:	4.8454
MA20:	4.7631
MA50:	4.7010
MA100:	4.5835
MAexp7:	4.8662
MAexp20:	4.7863
MAexp50:	4.7081
MAexp100:	4.6030
Price / MA7:	+2.04%
Price / MA20:	+3.80%
Price / MA50:	+5.18%
Price / MA100:	+7.87%
Price / MAexp7:	+1.61%
Price / MAexp20:	+3.30%
Price / MAexp50:	+5.02%
Price / MAexp100:	+7.42%

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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