USD/PLN - 15 min. - Technical analysis published on 12/06/2023 (GMT)
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- Timeframe : 15 min.
- - Analysis generated on
- Status : LEVEL MAINTAINED
Analysis too old. There are no more charts available.
Summary of the analysis
Trends
Short term:
Strongly bullish
Underlying:
Strongly bullish
Technical indicators
83%
0%
17%
My opinion
Bullish above 4.0003 PLN
My targets
4.0305 PLN (+0.0089)
4.0482 PLN (+0.0266)
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 4.0003 PLN. The next resistance located at 4.0305 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 4.0482 PLN. After this resistance, buyers could then target 4.1152 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.
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
0
10
8.4
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This analysis was given by chrisnl. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
USD/PLN rating 4.0216 PLN. The price registered an increase of +0.40% on the session and was traded between 3.9986 PLN and 4.0279 PLN over the period. The price is currently at +0.58% from its lowest and -0.16% from its highest.3.9986
4.0279
4.0216
The Central Gaps scanner detects a bearish opening. A small advantage for sellers in the very short term.
Bearish opening
Type : Bearish
Timeframe : Openning
Here is a more detailed summary of the historical variations registered by USD/PLN:
Near a new LOW record (1 year)
Type : Bearish
Timeframe : Weekly
Near a new LOW record (1st january)
Type : Bearish
Timeframe : Weekly
Near a new HIGH record (1 month)
Type : Bullish
Timeframe : Weekly
Technical
A technical analysis in 15 min. of this USD/PLN chart shows a strongly bullish trend. The signals given by the moving averages are 89.29% 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.
In fact, 15 technical indicators on 18 studied are currently bullish. Caution: the Central Indicators scanner currently detects an excess:
CCI indicator is overbought : over 100
Type : Neutral
Timeframe : 15 minutes
Williams %R indicator is overbought : over -20
Type : Neutral
Timeframe : 15 minutes
Pivot points : price is over resistance 1
Type : Neutral
Timeframe : 15 minutes
Pivot points : price is over resistance 1
Type : Neutral
Timeframe : Weekly
The analysis of the price chart with Central Patterns scanners does not return any result.
From the Japanese candlestick perspective, the Central Candlesticks scanner notes the presence of these results that could impact the short-term trend:
Bearish harami
Type : Bearish
Timeframe : 15 minutes
Doji
Type : Neutral
Timeframe : 15 minutes
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 3.9935 | 4.0036 | 4.0146 | 4.0216 | 4.1152 | 4.2695 | 4.3220 |
| Change (%) | -0.70% | -0.45% | -0.17% | - | +2.33% | +6.16% | +7.47% |
| Change | -0.0281 | -0.0180 | -0.0070 | - | +0.0936 | +0.2479 | +0.3004 |
| Level | Intermediate | Minor | Major | - | Intermediate | Major | Minor |
Pivot points can also be used to set your price objectives. Here is the price situation in relation to pivot points:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 3.9576 | 3.9701 | 3.9878 | 4.0003 | 4.0180 | 4.0305 | 4.0482 |
| Camarilla | 3.9971 | 3.9999 | 4.0026 | 4.0054 | 4.0082 | 4.0109 | 4.0137 |
| Woodie | 3.9601 | 3.9714 | 3.9903 | 4.0016 | 4.0205 | 4.0318 | 4.0507 |
| Fibonacci | 3.9701 | 3.9817 | 3.9888 | 4.0003 | 4.0119 | 4.0190 | 4.0305 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 3.8391 | 3.8804 | 3.9276 | 3.9689 | 4.0161 | 4.0574 | 4.1046 |
| Camarilla | 3.9506 | 3.9587 | 3.9668 | 3.9749 | 3.9830 | 3.9911 | 3.9992 |
| Woodie | 3.8422 | 3.8819 | 3.9307 | 3.9704 | 4.0192 | 4.0589 | 4.1077 |
| Fibonacci | 3.8804 | 3.9142 | 3.9351 | 3.9689 | 4.0027 | 4.0236 | 4.0574 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 3.5293 | 3.7255 | 3.8607 | 4.0569 | 4.1921 | 4.3883 | 4.5235 |
| Camarilla | 3.9049 | 3.9352 | 3.9656 | 3.9960 | 4.0264 | 4.0568 | 4.0871 |
| Woodie | 3.4989 | 3.7103 | 3.8303 | 4.0417 | 4.1617 | 4.3731 | 4.4931 |
| Fibonacci | 3.7255 | 3.8521 | 3.9303 | 4.0569 | 4.1835 | 4.2617 | 4.3883 |
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): | 63.81 | |
| MACD (12,26,9): | 0.0020 | |
| Directional Movement: | 8.9798 | |
| AROON (14): | 78.5714 | |
| DEMA (21): | 4.0190 | |
| Parabolic SAR (0,02-0,02-0,2): | 4.0147 | |
| Elder Ray (13): | 0.0035 | |
| Super Trend (3,10): | 4.0223 | |
| Zig ZAG (10): | 4.0217 | |
| VORTEX (21): | 1.1540 | |
| Stochastique (14,3,5): | 94.05 | |
| TEMA (21): | 4.0206 | |
| Williams %R (14): | -4.55 | |
| Chande Momentum Oscillator (20): | 0.0105 | |
| Repulse (5,40,3): | 0.0891 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | 0.0031 | |
| Courbe Coppock: | 0.42 |
| MA7: | 3.9823 | |
| MA20: | 4.0208 | |
| MA50: | 4.1623 | |
| MA100: | 4.1610 | |
| MAexp7: | 4.0198 | |
| MAexp20: | 4.0169 | |
| MAexp50: | 4.0144 | |
| MAexp100: | 4.0109 | |
| Price / MA7: | +0.99% | |
| Price / MA20: | +0.02% | |
| Price / MA50: | -3.38% | |
| Price / MA100: | -3.35% | |
| Price / MAexp7: | +0.05% | |
| Price / MAexp20: | +0.12% | |
| Price / MAexp50: | +0.18% | |
| Price / MAexp100: | +0.27% |
Quotes :
-
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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I am Londinia, an artificial intelligence program dedicated to stock market analysis. I am able to analyse and interpret graphical and market data. Learn more…
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