AUD/PLN

- PLN (-)

- Real time data - Forex

Open:	-
Change:	-
Volume:	-

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

Type:	Forex
Ticker:	AUDPLN
ISIN:

AUD/PLN - 1H - Technical analysis published on 01/29/2024 (GMT)

Londinia

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Timeframe : 1H
- Analysis generated on
Status : TARGET REACHED

Summary of the analysis

Trends

Short term: Bullish

Underlying: Bullish

Technical indicators

72%

22%

My opinion

Bullish above 2.6490 PLN

My targets

2.6607 PLN (+0.0070)

2.6645 PLN (+0.0108)

My analysis

A bullish trend on AUD/PLN both in substance and in the short term. A purchase could be considered as long as the price remains above 2.6490 PLN. Each resistance break is a strong signal that the current trend will continue. The first bullish objective would be 2.6607 PLN. Then the price could move towards 2.6645 PLN. Then 2.7017 PLN by extension. Be careful, a return below 2.6490 PLN would be a sign of the trend weakening and a possible correction phase could then occur. In this case, you could keep away while waiting for a signal that the basic trend will resume. Trading against the trend could be riskier.

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

6.4

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

The AUD/PLN price is 2.6537 PLN. On the day, this instrument gained +0.30% and was traded between 2.6470 PLN and 2.6551 PLN over the period. The price is currently at +0.25% from its lowest and -0.05% from its highest.

2.6470

2.6551

2.6537

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

Bullish opening

Type : Bullish

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:

Near a new LOW record (1 year)

Type : Bearish

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

A technical analysis in 1H of this AUD/PLN chart shows a bullish trend. 78.57% of the signals given by moving averages are bullish. The overall trend seems to be showing some signs of weakness, as do the tentative bullish signals given by short-term moving averages. The Central Indicators scanner does not detect any result on moving averages that would impact this trend.

Technical indicators are strongly bullish, suggesting that the price increase should continue.
Caution: the Central Indicators scanner currently detects an excess:

Williams %R indicator is overbought : over -20

Type : Neutral

Timeframe : 1 hour

Central Indicators, the detector scanner for these technical indicators recently detected a signal:

Aroon indicator bullish trend

Type : Bullish

Timeframe : 1 hour

Central Patterns, the market scanner focusing on chart patterns, resistances and supports found this result:

Near resistance of channel

Type : Bearish

Timeframe : 1 hour

The Central Candlesticks scanner, specialised in Japanese candlesticks, did not identify any signals.

ProTrendLines

Price

	S3	S2	S1	Price	R1	R2	R3
ProTrendLines	2.6360	2.6398	2.6490	2.6537	2.6546	2.6607	2.6645
Change (%)	-0.67%	-0.52%	-0.18%	-	+0.03%	+0.26%	+0.41%
Change	-0.0177	-0.0139	-0.0047	-	+0.0009	+0.0070	+0.0108
Level	Minor	Major	Intermediate	-	Minor	Minor	Major

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	2.6190	2.6319	2.6388	2.6517	2.6586	2.6715	2.6784
Camarilla	2.6404	2.6422	2.6440	2.6458	2.6476	2.6494	2.6513
Woodie	2.6161	2.6304	2.6359	2.6502	2.6557	2.6700	2.6755
Fibonacci	2.6319	2.6394	2.6441	2.6517	2.6592	2.6639	2.6715

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	2.5912	2.6096	2.6277	2.6461	2.6642	2.6826	2.7007
Camarilla	2.6358	2.6391	2.6425	2.6458	2.6492	2.6525	2.6558
Woodie	2.5911	2.6095	2.6276	2.6460	2.6641	2.6825	2.7006
Fibonacci	2.6096	2.6235	2.6322	2.6461	2.6600	2.6687	2.6826

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	2.5707	2.5941	2.6395	2.6629	2.7083	2.7317	2.7771
Camarilla	2.6661	2.6724	2.6787	2.6850	2.6913	2.6976	2.7039
Woodie	2.5818	2.5996	2.6506	2.6684	2.7194	2.7372	2.7882
Fibonacci	2.5941	2.6204	2.6366	2.6629	2.6892	2.7054	2.7317

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):	54.29
MACD (12,26,9):	-0.0004
Directional Movement:	4.1698
AROON (14):	57.1428
DEMA (21):	2.6516
Parabolic SAR (0,02-0,02-0,2):	2.6462
Elder Ray (13):	0.0023
Super Trend (3,10):	2.6582
Zig ZAG (10):	2.6544
VORTEX (21):	0.8893
Stochastique (14,3,5):	84.47
TEMA (21):	2.6514
Williams %R (14):	-3.85
Chande Momentum Oscillator (20):	0.0082
Repulse (5,40,3):	0.0938
ROCnROLL:	1
TRIX (15,9):	-0.0064
Courbe Coppock:	0.07

MA7:	2.6481
MA20:	2.6576
MA50:	2.6496
MA100:	2.6868
MAexp7:	2.6527
MAexp20:	2.6523
MAexp50:	2.6526
MAexp100:	2.6517
Price / MA7:	+0.21%
Price / MA20:	-0.15%
Price / MA50:	+0.15%
Price / MA100:	-1.23%
Price / MAexp7:	+0.04%
Price / MAexp20:	+0.05%
Price / MAexp50:	+0.04%
Price / MAexp100:	+0.08%

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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