Londinia Opportunities Analyses - 11/21/2024 (GMT) CHF/CZK - 1H
I am delighted to see that my first price objective has been achieved. I hope you've taken advantage of it.
- FX/Indices
- Timeframe : 1H
- - Analysis generated on
- Status : TARGET REACHED
Summary of the analysis
Trends
Short term:
Strongly bullish
Underlying:
Strongly bullish
Technical indicators
78%
0%
22%
My opinion
Bullish above 27.101 CZK
My targets
27.217 CZK (+0.064)
27.524 CZK (+0.371)
My analysis
CHF/CZK 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 27.101 CZK. The next resistance located at 27.217 CZK 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 27.524 CZK. After this resistance, buyers could then target 28.151 CZK. 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.
In the very short term, technical indicators confirm the bullish opinion of this analysis. 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
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Additional analysis
Quotes
The CHF/CZK rating is 27.153 CZK. The price has increased by +0.04% since the last closing and was traded between 27.137 CZK and 27.158 CZK over the period. The price is currently at +0.06% from its lowest and -0.02% from its highest.27.137
27.158
27.153
Here is a more detailed summary of the historical variations registered by CHF/CZK:
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 CHF/CZK chart shows a strongly 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. The Central Indicators scanner detects a bullish signal on moving averages that could impact this trend:
Moving Average bullish crossovers : AMA50 & AMA100
Type : Bullish
Timeframe : 1 hour
In fact, according to the parameters integrated into the Central Analyzer system, 14 technical indicators out of 18 analysed are currently bullish. The Central Indicators scanner found this result concerning these indicators:
Price is back over the pivot point
Type : Bullish
Timeframe : Weekly
The analysis of the price chart with Central Patterns scanners does not return any result.
The Central Candlesticks scanner which studies Japanese candlesticks did not detect anything.
ProTrendLines
S3
S2
S1
R1
R2
Price
| S3 | S2 | S1 | Price | R1 | R2 | |
|---|---|---|---|---|---|---|
| ProTrendLines | 27.062 | 27.101 | 27.139 | 27.153 | 27.217 | 28.151 |
| Change (%) | -0.34% | -0.19% | -0.05% | - | +0.24% | +3.68% |
| Change | -0.091 | -0.052 | -0.014 | - | +0.064 | +0.998 |
| Level | Minor | Minor | Major | - | Intermediate | 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 |
|---|---|---|---|---|---|---|---|
| Standard | 26.818 | 26.904 | 27.023 | 27.109 | 27.228 | 27.314 | 27.433 |
| Camarilla | 27.086 | 27.104 | 27.123 | 27.142 | 27.161 | 27.180 | 27.198 |
| Woodie | 26.835 | 26.912 | 27.040 | 27.117 | 27.245 | 27.322 | 27.450 |
| Fibonacci | 26.904 | 26.982 | 27.031 | 27.109 | 27.187 | 27.236 | 27.314 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 26.498 | 26.673 | 26.840 | 27.015 | 27.182 | 27.357 | 27.524 |
| Camarilla | 26.914 | 26.945 | 26.977 | 27.008 | 27.039 | 27.071 | 27.102 |
| Woodie | 26.495 | 26.671 | 26.837 | 27.013 | 27.179 | 27.355 | 27.521 |
| Fibonacci | 26.673 | 26.803 | 26.884 | 27.015 | 27.145 | 27.226 | 27.357 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 26.333 | 26.533 | 26.735 | 26.935 | 27.137 | 27.337 | 27.539 |
| Camarilla | 26.827 | 26.863 | 26.900 | 26.937 | 26.974 | 27.011 | 27.048 |
| Woodie | 26.334 | 26.534 | 26.736 | 26.936 | 27.138 | 27.338 | 27.540 |
| Fibonacci | 26.533 | 26.687 | 26.781 | 26.935 | 27.089 | 27.183 | 27.337 |
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): | 60.49 | |
| MACD (12,26,9): | 0.0230 | |
| Directional Movement: | 17.236 | |
| AROON (14): | 35.714 | |
| DEMA (21): | 27.136 | |
| Parabolic SAR (0,02-0,02-0,2): | 27.083 | |
| Elder Ray (13): | 0.023 | |
| Super Trend (3,10): | 27.030 | |
| Zig ZAG (10): | 27.139 | |
| VORTEX (21): | 1.1360 | |
| Stochastique (14,3,5): | 65.24 | |
| TEMA (21): | 27.147 | |
| Williams %R (14): | -30.81 | |
| Chande Momentum Oscillator (20): | 0.068 | |
| Repulse (5,40,3): | 0.0330 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | 0.0110 | |
| Courbe Coppock: | 0.67 |
| MA7: | 27.043 | |
| MA20: | 26.982 | |
| MA50: | 26.886 | |
| MA100: | 26.678 | |
| MAexp7: | 27.131 | |
| MAexp20: | 27.107 | |
| MAexp50: | 27.075 | |
| MAexp100: | 27.048 | |
| Price / MA7: | +0.41% | |
| Price / MA20: | +0.63% | |
| Price / MA50: | +0.99% | |
| Price / MA100: | +1.78% | |
| Price / MAexp7: | +0.08% | |
| Price / MAexp20: | +0.17% | |
| Price / MAexp50: | +0.29% | |
| Price / MAexp100: | +0.39% |
Quotes :
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Real time data
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Forex