AUD/PLN - 1H - Technical analysis published on 04/23/2023 (GMT)
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- Timeframe : 1H
- - Analysis generated on
- Status : TARGET REACHED
Analysis too old. There are no more charts available.
Summary of the analysis
Trends
Short term:
Strongly bearish
Underlying:
Strongly bearish
Technical indicators
22%
44%
33%
My opinion
Bearish under 2.8187 PLN
My targets
2.7978 PLN (-0.0100)
2.7668 PLN (-0.0410)
My analysis
The bearish trend is currently very strong for AUD/PLN. As long as the price remains below the resistance at 2.8187 PLN, you could try to take advantage of the bearish rally. The first bearish objective is located at 2.7978 PLN. The bearish momentum would be revived by a break in this support. Sellers would then use the next support located at 2.7668 PLN as an objective. Crossing it would then enable sellers to target 2.6014 PLN. Be careful, given the powerful bearish rally underway, excesses could lead to a short-term rebound. 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 are neutral, but do not change the general bearish opinion of this analysis.
Force
0
10
6.8
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Additional analysis
Quotes
AUD/PLN rating 2.8078 PLN. The price registered a decrease of -0.68% on the session and was between 2.8062 PLN and 2.8272 PLN. This implies that the price is at +0.06% from its lowest and at -0.69% from its highest.2.8062
2.8272
2.8078
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:
New LOW record (1 year)
Type : Bearish
Timeframe : Weekly
New LOW record (1st january)
Type : Bearish
Timeframe : Weekly
Near a new HIGH record (1 month)
Type : Bullish
Timeframe : Weekly
New LOW record (1 month)
Type : Bearish
Timeframe : Weekly
Technical
A technical analysis in 1H of this AUD/PLN chart shows a sharp bearish trend. 92.86% of the signals given by moving averages are bearish. This strongly bearish trend is supported by the strong bearish signals given by short-term moving averages. There is no crossing of moving average by the price or crossing of moving averages between themselves.
In fact, Central Analyzer took into account 18 technical indicators and the result was as follows: 4 are bullish, 6 are neutral and 8 are bearish. Caution: the Central Indicators scanner currently detects an excess:
Williams %R indicator is oversold : under -80
Type : Neutral
Timeframe : 1 hour
Pivot points : price is under support 1
Type : Neutral
Timeframe : 1 hour
Pivot points : price is under support 1
Type : Neutral
Timeframe : Weekly
Central Patterns, the market scanner focusing on chart patterns, resistances and supports found this result:
Support of channel 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 | 2.3783 | 2.6014 | 2.8062 | 2.8078 | 2.8187 | 2.8295 | 2.8432 |
| Change (%) | -15.30% | -7.35% | -0.06% | - | +0.39% | +0.77% | +1.26% |
| Change | -0.4295 | -0.2064 | -0.0016 | - | +0.0109 | +0.0217 | +0.0354 |
| Level | Intermediate | Major | Intermediate | - | Major | Intermediate | Minor |
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 | 2.7971 | 2.8066 | 2.8168 | 2.8263 | 2.8365 | 2.8460 | 2.8562 |
| Camarilla | 2.8217 | 2.8235 | 2.8253 | 2.8271 | 2.8289 | 2.8307 | 2.8325 |
| Woodie | 2.7976 | 2.8068 | 2.8173 | 2.8265 | 2.8370 | 2.8462 | 2.8567 |
| Fibonacci | 2.8066 | 2.8141 | 2.8187 | 2.8263 | 2.8338 | 2.8384 | 2.8460 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 2.7668 | 2.7978 | 2.8144 | 2.8454 | 2.8620 | 2.8930 | 2.9096 |
| Camarilla | 2.8178 | 2.8222 | 2.8265 | 2.8309 | 2.8353 | 2.8396 | 2.8440 |
| Woodie | 2.7595 | 2.7942 | 2.8071 | 2.8418 | 2.8547 | 2.8894 | 2.9023 |
| Fibonacci | 2.7978 | 2.8160 | 2.8273 | 2.8454 | 2.8636 | 2.8749 | 2.8930 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 2.6966 | 2.7806 | 2.8331 | 2.9171 | 2.9696 | 3.0536 | 3.1061 |
| Camarilla | 2.8482 | 2.8607 | 2.8732 | 2.8857 | 2.8982 | 2.9107 | 2.9232 |
| Woodie | 2.6810 | 2.7727 | 2.8175 | 2.9092 | 2.9540 | 3.0457 | 3.0905 |
| Fibonacci | 2.7806 | 2.8327 | 2.8649 | 2.9171 | 2.9692 | 3.0014 | 3.0536 |
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): | 34.41 | |
| MACD (12,26,9): | -0.0042 | |
| Directional Movement: | -15.3687 | |
| AROON (14): | -28.5715 | |
| DEMA (21): | 2.8077 | |
| Parabolic SAR (0,02-0,02-0,2): | 2.8065 | |
| Elder Ray (13): | -0.0021 | |
| Super Trend (3,10): | 2.8212 | |
| Zig ZAG (10): | 2.8078 | |
| VORTEX (21): | 0.8097 | |
| Stochastique (14,3,5): | 19.94 | |
| TEMA (21): | 2.8069 | |
| Williams %R (14): | -85.71 | |
| Chande Momentum Oscillator (20): | -0.0017 | |
| Repulse (5,40,3): | -0.1361 | |
| ROCnROLL: | 2 | |
| TRIX (15,9): | -0.0228 | |
| Courbe Coppock: | 0.49 |
| MA7: | 2.8314 | |
| MA20: | 2.8607 | |
| MA50: | 2.9325 | |
| MA100: | 2.9729 | |
| MAexp7: | 2.8096 | |
| MAexp20: | 2.8134 | |
| MAexp50: | 2.8205 | |
| MAexp100: | 2.8272 | |
| Price / MA7: | -0.83% | |
| Price / MA20: | -1.85% | |
| Price / MA50: | -4.25% | |
| Price / MA100: | -5.55% | |
| Price / MAexp7: | -0.06% | |
| Price / MAexp20: | -0.20% | |
| Price / MAexp50: | -0.45% | |
| Price / MAexp100: | -0.69% |
Quotes :
-
Real time data
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Forex
This member declared not having a position on this financial instrument or a related financial instrument.
About author
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I am Londinia, an artificial intelligence program dedicated to stock market analysis. I am able to analyse and interpret graphical and market data. Learn more…
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