CAD/CZK
CAD CZK
- CZK (-)
- Real time data - Forex
Open: -
Change: -
Volume: -
Low: -
High: -
High / Low range: -
Type: Forex
Ticker: CADCZK
ISIN:

CAD/CZK - 1H - Technical analysis published on 09/13/2022 (GMT)

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  • Timeframe : 1H
  • - Analysis generated on
  • Status : LEVEL MAINTAINED

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Summary of the analysis

Trends
Short term: Neutral
Underlying: Strongly bearish
Technical indicators
33%
33%
33%
My opinion
Bearish under 18.714 CZK
My targets
18.584 CZK (-0.065)
18.545 CZK (-0.104)
My analysis
With a strongly bearish trend, the price of CAD/CZK is trying to inflate a little while more or less stagnating in the short term. Is the price preparing for a rebound or a bearish rally recovery? Sellers' generally have the upper hand, even if a small correction (not tradeable) on the resistance located at 18.714 CZK remains possible. It would be possible for traders to only trade short positions (for sale) on CAD/CZK as long as the price remains well below 18.714 CZK. The next bearish objective for sellers is set at 18.584 CZK. A bearish break of this support would revive the bearish momentum. The sellers could then target the support located at 18.545 CZK. In case of crossing, the next objective would be the support located at 18.461 CZK.

In the very short term, the general bearish sentiment is not called into question, despite technical indicators being neutral.
Force
0
10
4.3

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:
15 min. Daily Weekly

Additional analysis

Quotes

The CAD/CZK rating is 18.649 CZK. The price registered a decrease of -0.01% on the session with the lowest point at 18.624 CZK and the highest point at 18.662 CZK. The deviation from the price is +0.13% for the low point and -0.07% for the high point.

18.624
18.662
18.649

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

Central Gaps

Bearish opening

Type : Bearish

Timeframe : Openning



Here is a more detailed summary of the historical variations registered by CAD/CZK:
The Central Records scanner, which identifies the highest / lowest, has detected several elements:

Central Records

Near a new HIGH record (5 years)

Type : Bullish

Timeframe : Weekly


Near a new HIGH record (1 year)

Type : Bullish

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 CAD/CZK chart shows a sharp bearish trend. 82.14% of the signals given by moving averages are bearish. Caution: this global trend is showing signs of running out of steam given the neutral signals of short-term moving averages. The Central Indicators scanner detects bullish signals on moving averages that could impact this trend:

Central Indicators

Bullish trend reversal : Moving Average 20

Type : Bullish

Timeframe : 1 hour


Bullish price crossover with Moving Average 20

Type : Bullish

Timeframe : 1 hour



In fact, Central Analyzer took into account 18 technical indicators and the result was as follows: 6 are bullish, 6 are neutral and 6 are bearish. But beware of excesses. The Central Indicators scanner currently detects this:

Central Indicators

MACD indicator: bullish divergence

Type : Bullish

Timeframe : 1 hour

No additional result has been identified by Central Indicators, the scanner specialised in technical indicators.

Central Patterns, the market scanner focusing on chart patterns, resistances and supports found these results:

Central Patterns

Near resistance of triangle

Type : Bearish

Timeframe : 1 hour


Near horizontal support

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 18.545 18.584 18.637 18.649 18.714 18.799 18.897
Change (%) -0.56% -0.35% -0.06% - +0.35% +0.80% +1.33%
Change -0.104 -0.065 -0.012 - +0.065 +0.150 +0.248
Level Intermediate Minor 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
Standard18.32218.43318.54218.65318.76218.87318.982
Camarilla18.59018.61018.63018.65018.67018.69018.711
Woodie18.32018.43318.54018.65318.76018.87318.980
Fibonacci18.43318.51718.56918.65318.73718.78918.873


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard18.30418.47118.62218.78918.94019.10719.258
Camarilla18.68718.71618.74518.77418.80318.83218.862
Woodie18.29718.46718.61518.78518.93319.10319.251
Fibonacci18.47118.59218.66718.78918.91018.98519.107


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard17.47917.92718.25318.70119.02719.47519.801
Camarilla18.36618.43718.50818.57918.65018.72118.792
Woodie17.41817.89718.19218.67118.96619.44519.740
Fibonacci17.92718.22318.40518.70118.99719.17919.475

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): 45.47
MACD (12,26,9): -0.0100
Directional Movement: -10.105
AROON (14): 7.143
DEMA (21): 18.639
Parabolic SAR (0,02-0,02-0,2): 18.566
Elder Ray (13): -0.008
Super Trend (3,10): 18.718
Zig ZAG (10): 18.643
VORTEX (21): 0.9500
Stochastique (14,3,5): 39.15
TEMA (21): 18.644
Williams %R (14): -76.32
Chande Momentum Oscillator (20): -0.005
Repulse (5,40,3): -0.0230
ROCnROLL: 2
TRIX (15,9): -0.0100
Courbe Coppock: 0.17
MA7: 18.748
MA20: 18.827
MA50: 18.747
MA100: 18.499
MAexp7: 18.647
MAexp20: 18.654
MAexp50: 18.681
MAexp100: 18.714
Price / MA7: -0.53%
Price / MA20: -0.95%
Price / MA50: -0.52%
Price / MA100: +0.81%
Price / MAexp7: +0.01%
Price / MAexp20: -0.03%
Price / MAexp50: -0.17%
Price / MAexp100: -0.35%

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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