GBP/CZK - 1H - Technical analysis published on 03/12/2021 (GMT)
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- Timeframe : 1H
- - Analysis generated on
- Status : NEUTRAL
Analysis too old. There are no more charts available.
Summary of the analysis
Trends
Court terme:
Bullish
De fond:
Neutral
Technical indicators
78%
0%
22%
My opinion
Neutral between 30.531 CZK and 30.630 CZK
My targets
-
My analysis
The basic trend is neutral and the short term is tentatively bullish. With such a pattern, it is difficult to favour buying or selling. The first resistance is located at 30.630 CZK. The first support is located at 30.531 CZK. However, the chances of finding the first resistance before the first support are slightly higher. Without a basic trend, it is be important to monitor the price response at these levels. A bullish break in resistance or a bearish break in support could provide a signal that would set a new direction for the basic trend. On the other hand, if the price is blocked by resistance or support, it could be attractive to trade against the trend on the last short-term movement registered by GBP/CZK.
Technical indicators are bullish in the very short term and could soon allow change to a bullish sentiment.
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 Vincent Launay. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
GBP/CZK rating 30.596 CZK. On the day, this instrument gained +0.06% with the lowest point at 30.562 CZK and the highest point at 30.615 CZK. The deviation from the price is +0.11% for the low point and -0.06% for the high point.30.562
30.615
30.596
The Central Gaps scanner detects a bullish opening marking the presence of buyers ahead of sellers at the opening but not sufficiently marked to allow the price to register a quotation gap.
Bullish opening
Type : Bullish
Timeframe : Openning
A study of price movements over other periods shows the following variations:
Near a new HIGH record (1st january)
Type : Bullish
Timeframe : Weekly
Technical
A technical analysis in 1H of this GBP/CZK chart shows a neutral trend. This indecision could turn into a bullish trend due to the bullish signals currently being given by short-term moving averages. An assessment of moving averages reveals several bullish signals that could impact this trend:
Bullish trend reversal : adaptative moving average 50
Type : Bullish
Timeframe : 1 hour
Bullish price crossover with Moving Average 50
Type : Bullish
Timeframe : 1 hour
Bullish price crossover with adaptative moving average 20
Type : Bullish
Timeframe : 1 hour
In fact, 14 technical indicators on 18 studied are currently bullish. But beware of excesses. The Central Indicators scanner currently detects this:
CCI indicator is overbought : over 100
Type : Neutral
Timeframe : 1 hour
CCI indicator: bullish divergence
Type : Bullish
Timeframe : 1 hour
MACD indicator: bullish divergence
Type : Bullish
Timeframe : 1 hour
RSI indicator: bearish divergence
Type : Bearish
Timeframe : 1 hour
RSI indicator: bullish divergence
Type : Bullish
Timeframe : 1 hour
Williams %R indicator is overbought : over -20
Type : Neutral
Timeframe : 1 hour
Pivot points : price is over resistance 1
Type : Neutral
Timeframe : Weekly
Pivot points : price is over resistance 2
Type : Neutral
Timeframe : 1 hour
Pivot points : price is under support 1
Type : Neutral
Timeframe : 1 hour
Aroon indicator bullish trend
Type : Bullish
Timeframe : 1 hour
Central Patterns, the market scanner focusing on chart patterns, resistances and supports found these results:
Horizontal resistance is broken
Type : Bullish
Timeframe : 1 hour
Support of triangle is broken
Type : Bearish
Timeframe : 1 hour
No result was found by the Central Candlesticks scanner on Japanese candlesticks.
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 30.260 | 30.350 | 30.531 | 30.596 | 30.630 | 30.748 | 30.840 |
| Change (%) | -1.10% | -0.80% | -0.21% | - | +0.11% | +0.50% | +0.80% |
| Change | -0.336 | -0.246 | -0.065 | - | +0.034 | +0.152 | +0.244 |
| Level | Minor | Major | Major | - | Intermediate | Intermediate | Intermediate |
Pivot points can also be used to set your price objectives. Here is the price situation in relation to pivot points:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 30.359 | 30.431 | 30.505 | 30.577 | 30.651 | 30.723 | 30.797 |
| Camarilla | 30.538 | 30.551 | 30.565 | 30.578 | 30.591 | 30.605 | 30.618 |
| Woodie | 30.359 | 30.432 | 30.505 | 30.578 | 30.651 | 30.724 | 30.797 |
| Fibonacci | 30.431 | 30.487 | 30.522 | 30.577 | 30.633 | 30.668 | 30.723 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 29.615 | 29.820 | 30.196 | 30.401 | 30.777 | 30.982 | 31.358 |
| Camarilla | 30.413 | 30.467 | 30.520 | 30.573 | 30.626 | 30.680 | 30.733 |
| Woodie | 29.702 | 29.863 | 30.283 | 30.444 | 30.864 | 31.025 | 31.445 |
| Fibonacci | 29.820 | 30.042 | 30.179 | 30.401 | 30.623 | 30.760 | 30.982 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 28.398 | 28.811 | 29.497 | 29.910 | 30.596 | 31.009 | 31.695 |
| Camarilla | 29.882 | 29.983 | 30.083 | 30.184 | 30.285 | 30.386 | 30.486 |
| Woodie | 28.536 | 28.879 | 29.635 | 29.978 | 30.734 | 31.077 | 31.833 |
| Fibonacci | 28.811 | 29.231 | 29.490 | 29.910 | 30.330 | 30.589 | 31.009 |
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): | 51.17 | |
| MACD (12,26,9): | 0.0000 | |
| Directional Movement: | -0.873 | |
| AROON (14): | 92.857 | |
| DEMA (21): | 30.578 | |
| Parabolic SAR (0,02-0,02-0,2): | 30.539 | |
| Elder Ray (13): | 0.015 | |
| Super Trend (3,10): | 30.688 | |
| Zig ZAG (10): | 30.589 | |
| VORTEX (21): | 1.0110 | |
| Stochastique (14,3,5): | 87.73 | |
| TEMA (21): | 30.590 | |
| Williams %R (14): | -5.68 | |
| Chande Momentum Oscillator (20): | 0.041 | |
| Repulse (5,40,3): | 0.0800 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | -0.0030 | |
| Courbe Coppock: | 0.24 |
| MA7: | 30.608 | |
| MA20: | 30.219 | |
| MA50: | 29.684 | |
| MA100: | 29.548 | |
| MAexp7: | 30.591 | |
| MAexp20: | 30.581 | |
| MAexp50: | 30.594 | |
| MAexp100: | 30.588 | |
| Price / MA7: | -0.04% | |
| Price / MA20: | +1.25% | |
| Price / MA50: | +3.07% | |
| Price / MA100: | +3.55% | |
| Price / MAexp7: | +0.02% | |
| Price / MAexp20: | +0.05% | |
| Price / MAexp50: | +0.01% | |
| Price / MAexp100: | +0.03% |
Quotes :
2021-03-12 07:34:42
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Real time data
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Forex
This member declared not having a position on this financial instrument or a related financial instrument.
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