EUR/CZK

- CZK (-)

- Real time data - Forex

Open:	-
Change:	-
Volume:	-

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

Type:	Forex
Ticker:	EURCZK
ISIN:

EUR/CZK - Daily - Technical analysis published on 10/11/2022 (GMT)

Londinia

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Timeframe : Daily
- Analysis generated on
Status : LEVEL MAINTAINED

Summary of the analysis

Trends

Short term: Strongly bearish

Underlying: Strongly bearish

Technical indicators

28%

39%

33%

My opinion

Bearish under 24.6723 CZK

My targets

24.3398 CZK (-0.1838)

24.1919 CZK (-0.3317)

My analysis

EUR/CZK is part of a very strong bearish trend. Traders may consider trading only short positions (for sale) as long as the price remains well below 24.6723 CZK. The next support located at 24.3398 CZK is the next bearish objective to target. A bearish break of this support would revive the bearish momentum. The bearish movement could then continue towards the next support located at 24.1919 CZK. Below this support, sellers could then target 24.0036 CZK. With the current pattern, you will need to monitor for possible bearish 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 bearish trend. Trying to profit from the purchase of these possible corrections may seem risky.

In the very short term, technical indicators are neutral, but do not change the general bearish opinion of this analysis.

Force

6.1

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

EUR/CZK rating 24.5236 CZK. The price registered a decrease of -0.01% on the session and was traded between 24.5168 CZK and 24.5391 CZK over the period. The price is currently at +0.03% from its lowest and -0.06% from its highest.

24.5168

24.5391

24.5236

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.

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 Central Records scanner for higher/lower results shows the following items:

Near a new LOW record (5 years)

Type : Bearish

Timeframe : Weekly

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

Technical analysis of this Daily chart of EUR/CZK indicates that the overall trend is strongly bearish. The signals given by moving averages are 89.29% bearish. This strong bearish trend is confirmed by the strong signals currently being given by short-term moving averages. The Central Indicators market scanner currently does not detect any result that concerns moving averages.

On the 18 technical indicators analysed, 5 are bullish, 6 are neutral and 7 are bearish. Central Indicators, the scanner specialised in technical indicators, has identified this signal:

Price is back over the pivot point

Type : Bullish

Timeframe : Weekly

The Central Patterns scanner, which studies chart patterns, resistances and supports, has identified this signal:

Near support of triangle

Type : Bullish

Timeframe : Daily

The presence of a bearish pattern in Japanese candlesticks detected by Central Candlesticks that could cause a correction in the very short term was also detected:

Bearish harami cross

Type : Bearish

Timeframe : Daily

ProTrendLines

Price

	S3	S2	S1	Price	R1	R2	R3
ProTrendLines	24.1919	24.3398	24.4849	24.5236	24.6723	24.8366	25.4008
Change (%)	-1.35%	-0.75%	-0.16%	-	+0.61%	+1.28%	+3.58%
Change	-0.3317	-0.1838	-0.0387	-	+0.1487	+0.3130	+0.8772
Level	Minor	Major	Intermediate	-	Major	Intermediate	Minor

Attention could also be paid to pivot points to set price objectives:

Daily

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	24.3668	24.4039	24.4644	24.5015	24.5620	24.5991	24.6596
Camarilla	24.4982	24.5071	24.5161	24.5250	24.5340	24.5429	24.5518
Woodie	24.3786	24.4098	24.4762	24.5074	24.5738	24.6050	24.6714
Fibonacci	24.4039	24.4412	24.4642	24.5015	24.5388	24.5618	24.5991

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	24.2850	24.3698	24.4283	24.5131	24.5716	24.6564	24.7149
Camarilla	24.4475	24.4606	24.4738	24.4869	24.5000	24.5132	24.5263
Woodie	24.2720	24.3632	24.4153	24.5065	24.5586	24.6498	24.7019
Fibonacci	24.3698	24.4245	24.4583	24.5131	24.5678	24.6016	24.6564

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	24.2229	24.3397	24.4658	24.5826	24.7087	24.8255	24.9516
Camarilla	24.5251	24.5474	24.5696	24.5919	24.6142	24.6364	24.6587
Woodie	24.2276	24.3420	24.4705	24.5849	24.7134	24.8278	24.9563
Fibonacci	24.3397	24.4325	24.4898	24.5826	24.6754	24.7327	24.8255

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):	46.64
MACD (12,26,9):	-0.0155
Directional Movement:	-7.3116
AROON (14):	-50.0000
DEMA (21):	24.5370
Parabolic SAR (0,02-0,02-0,2):	24.5807
Elder Ray (13):	-0.0147
Super Trend (3,10):	24.4140
Zig ZAG (10):	24.5272
VORTEX (21):	1.0076
Stochastique (14,3,5):	26.20
TEMA (21):	24.5216
Williams %R (14):	-68.01
Chande Momentum Oscillator (20):	-0.1054
Repulse (5,40,3):	0.0638
ROCnROLL:	2
TRIX (15,9):	-0.0020
Courbe Coppock:	0.50

MA7:	24.5149
MA20:	24.5642
MA50:	24.5551
MA100:	24.6080
MAexp7:	24.5264
MAexp20:	24.5519
MAexp50:	24.5685
MAexp100:	24.6063
Price / MA7:	+0.04%
Price / MA20:	-0.17%
Price / MA50:	-0.13%
Price / MA100:	-0.34%
Price / MAexp7:	-0.01%
Price / MAexp20:	-0.12%
Price / MAexp50:	-0.18%
Price / MAexp100:	-0.34%

Quotes : - Real time data - Forex

News

The latest news and videos published on EUR/CZK at the time of the analysis were as follows:

Tensions Could Impact EUR/CZK

This member declared not having a position on this financial instrument or a related financial instrument.

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Londinia AI

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