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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 04/12/2024 (GMT)

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Londinia
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  • Timeframe : 1H
  • - 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
78%
0%
22%
My opinion
Bullish above 4.0071 PLN
My targets
4.0610 PLN (+0.0298)
4.1249 PLN (+0.0937)
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 4.0071 PLN. The next resistance located at 4.0610 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 4.1249 PLN. After this resistance, buyers could then target 4.1805 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
8.6

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.

Londinia
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 rating is 4.0312 PLN. The price registered an increase of +1.43% on the session and was traded between 3.9732 PLN and 4.0351 PLN over the period. The price is currently at +1.46% from its lowest and -0.10% from its highest.

3.9732
4.0351
4.0312

The Central Gaps scanner detects a bearish opening marking the presence of sellers ahead of buyers at the opening but not sufficiently marked to allow the price to register a quotation gap.

Central Gaps

Bearish opening

Type : Bearish

Timeframe : Openning



So that you have an overall view of the price change, here is a table showing the variations over several periods:
The study of the highest / lowest by the Central Records scanner shows the following results:

Central Records

Near a new LOW record (1 year)

Type : Bearish

Timeframe : Weekly


Near a new LOW record (1st january)

Type : Bearish

Timeframe : Weekly


New HIGH record (1 month)

Type : Bullish

Timeframe : Weekly



Technical


A technical analysis in 1H of this USD/PLN chart shows a strongly bullish trend. 92.86% of the signals given by moving averages are bullish. This strongly bullish trend is supported by the strong bullish signals 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:

Central Indicators

RSI indicator is overbought : over 70

Type : Neutral

Timeframe : 1 hour


CCI indicator is overbought : over 100

Type : Neutral

Timeframe : 1 hour


RSI indicator: bearish divergence

Type : Bearish

Timeframe : 1 hour


Williams %R indicator is overbought : over -20

Type : Neutral

Timeframe : 1 hour

Other results related to technical indicators were also found by the Central Indicators scanner:

Central Indicators

Pivot points : price is over resistance 1

Type : Neutral

Timeframe : Weekly


Pivot points : price is over resistance 3

Type : Neutral

Timeframe : 1 hour



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

Central Patterns

Near horizontal resistance

Type : Bearish

Timeframe : 1 hour


Resistance of channel 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


S3S2S1PriceR1R2R3
ProTrendLines 3.9841 3.9968 4.0071 4.0312 4.1805 4.2695 4.3220
Change (%) -1.17% -0.85% -0.60% - +3.70% +5.91% +7.21%
Change -0.0471 -0.0344 -0.0241 - +0.1493 +0.2383 +0.2908
Level Intermediate Major Minor - Minor Major Minor



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
Standard3.93683.94823.96133.97273.98583.99724.0103
Camarilla3.96773.96993.97223.97443.97673.97893.9811
Woodie3.93773.94863.96223.97313.98673.99764.0112
Fibonacci3.94823.95763.96333.97273.98213.98783.9972


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard3.85973.89983.92683.96693.99394.03404.0610
Camarilla3.93533.94143.94763.95373.95993.96603.9722
Woodie3.85313.89653.92023.96363.98734.03074.0544
Fibonacci3.89983.92553.94133.96693.99264.00844.0340


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard3.81833.86253.92053.96474.02274.06694.1249
Camarilla3.95043.95983.96913.97853.98793.99724.0066
Woodie3.82523.86603.92743.96824.02964.07044.1318
Fibonacci3.86253.90153.92573.96474.00374.02794.0669

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): 74.97
MACD (12,26,9): 0.0147
Directional Movement: 34.9319
AROON (14): 64.2857
DEMA (21): 4.0247
Parabolic SAR (0,02-0,02-0,2): 4.0160
Elder Ray (13): 0.0146
Super Trend (3,10): 4.0056
Zig ZAG (10): 4.0318
VORTEX (21): 1.3598
Stochastique (14,3,5): 86.96
TEMA (21): 4.0320
Williams %R (14): -9.91
Chande Momentum Oscillator (20): 0.0391
Repulse (5,40,3): 0.1463
ROCnROLL: 1
TRIX (15,9): 0.0434
Courbe Coppock: 2.17
MA7: 3.9631
MA20: 3.9727
MA50: 3.9803
MA100: 3.9819
MAexp7: 4.0236
MAexp20: 4.0066
MAexp50: 3.9863
MAexp100: 3.9723
Price / MA7: +1.72%
Price / MA20: +1.47%
Price / MA50: +1.28%
Price / MA100: +1.24%
Price / MAexp7: +0.19%
Price / MAexp20: +0.61%
Price / MAexp50: +1.13%
Price / MAexp100: +1.48%

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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Londinia
Londinia AI

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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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