Londinia Opportunities Analyses - 02/19/2025 (GMT) CAD/CZK - 1H

- CZK (-)
- Real time data - Forex
Type: Forex
Ticker: CADCZK
ISIN:

Oops, I was wrong about that analysis. My threshold for invalidation has been broken.
  • FX/Indices
  • Timeframe : 1H
  • - Analysis generated on
  • Status : INVALID

Summary of the analysis

Trends
Short term: Strongly bullish
Underlying: Strongly bullish
Technical indicators
67%
0%
33%
My opinion
Bullish above 16.935 CZK
My targets
17.010 CZK (+0.054)
17.046 CZK (+0.090)
My analysis
The bullish trend is currently very strong on CAD/CZK. As long as the price remains above the support at 16.935 CZK, you could try to benefit from the boom. The first bullish objective is located at 17.010 CZK. The bullish momentum would be boosted by a break in this resistance. Buyers would then use the next resistance located at 17.046 CZK as an objective. Crossing it would then enable buyers to target 17.111 CZK. 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.

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
8.2

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Additional analysis

Quotes

The CAD/CZK rating is 16.956 CZK. The price has increased by +0.25% since the last closing and was traded between 16.898 CZK and 16.968 CZK over the period. The price is currently at +0.34% from its lowest and -0.07% from its highest.

16.898
16.968
16.956

A study of price movements over other periods shows the following variations:
The Central Records scanner for higher/lower results shows the following items:

Central Records

Near a new HIGH record (1 year)

Type : Bullish

Timeframe : Weekly


Near a new LOW record (1st january)

Type : Bearish

Timeframe : Weekly


Near a new LOW record (1 month)

Type : Bearish

Timeframe : Weekly



Technical


Technical analysis of CAD/CZK in 1H 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. The Central Indicators scanner does not detect any result on moving averages that would impact this trend.

The probability of a further increase are moderate given the direction of the technical indicators.
Central Indicators, the detector scanner for these technical indicators has recently detected several signals:

Central Indicators

Pivot points : price is over resistance 1

Type : Neutral

Timeframe : 1 hour


Price is back over the pivot point

Type : Bullish

Timeframe : Weekly



The Central Patterns scanner, which studies chart patterns, resistances and supports, has identified these signals:

Central Patterns

Near horizontal resistance

Type : Bearish

Timeframe : 1 hour


Resistance of channel is broken

Type : Bullish

Timeframe : 1 hour



No result was found by the Central Candlesticks scanner on Japanese candlesticks.


ProTrendLines
S3
S2
S1
R1
R2
R3
Price


S3S2S1PriceR1R2R3
ProTrendLines 16.874 16.905 16.935 16.956 16.969 17.010 17.046
Change (%) -0.48% -0.30% -0.12% - +0.08% +0.32% +0.53%
Change -0.082 -0.051 -0.021 - +0.013 +0.054 +0.090
Level Intermediate Intermediate Intermediate - Minor Major 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
Standard16.76016.79916.85716.89616.95416.99317.051
Camarilla16.88716.89616.90516.91416.92316.93216.941
Woodie16.76916.80416.86616.90116.96316.99817.060
Fibonacci16.79916.83616.85916.89616.93316.95616.993


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard16.49516.64816.73916.89216.98317.13617.227
Camarilla16.76216.78416.80716.82916.85116.87416.896
Woodie16.46316.63316.70716.87716.95117.12117.195
Fibonacci16.64816.74216.79916.89216.98617.04317.136


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard15.83916.19916.44916.80917.05917.41917.669
Camarilla16.53216.58816.64416.70016.75616.81216.868
Woodie15.78516.17216.39516.78217.00517.39217.615
Fibonacci16.19916.43216.57616.80917.04217.18617.419

Numerical data


The following is the status of the technical indicators and moving averages at the time of publication of this technical analysis:

Technical indicators
Moving averages

RSI (14): 61.68
MACD (12,26,9): 0.0140
Directional Movement: 4.691
AROON (14): 28.571
DEMA (21): 16.953
Parabolic SAR (0,02-0,02-0,2): 16.966
Elder Ray (13): 0.012
Super Trend (3,10): 16.910
Zig ZAG (10): 16.955
VORTEX (21): 1.0750
Stochastique (14,3,5): 62.19
TEMA (21): 16.953
Williams %R (14): -22.39
Chande Momentum Oscillator (20): 0.043
Repulse (5,40,3): 0.0930
ROCnROLL: 1
TRIX (15,9): 0.0120
Courbe Coppock: 0.39
MA7: 16.889
MA20: 16.841
MA50: 16.867
MA100: 16.911
MAexp7: 16.945
MAexp20: 16.934
MAexp50: 16.909
MAexp100: 16.896
Price / MA7: +0.40%
Price / MA20: +0.68%
Price / MA50: +0.53%
Price / MA100: +0.27%
Price / MAexp7: +0.06%
Price / MAexp20: +0.13%
Price / MAexp50: +0.28%
Price / MAexp100: +0.36%

Quotes : - Real time data - Forex