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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 12/21/2022 (GMT)

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

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Summary of the analysis

Trends
Short term: Bearish
Underlying: Bearish
Technical indicators
22%
17%
61%
My opinion
Bearish under 16.772 CZK
My targets
16.703 CZK (-0.026)
16.648 CZK (-0.081)
My analysis
There is a bearish trend on CAD/CZK both at the basic level and in the short term. A sale could be considered, so long as the price remains below 16.772 CZK. Each support break is a strong signal that the current trend will continue. The first bearish objective would be 16.703 CZK. Then the price could move towards 16.648 CZK. Then 16.437 CZK by extension. Be careful, a return to above the resistance 16.772 CZK would be a sign of a weakening of the trend and a possible rebound 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 is perhaps more risky.

Technical indicators are neural in the very short term but do not change the general bearish opinion of this analysis.
Force
0
10
3.4

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.

Londinia
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 price is 16.729 CZK. On the day, this instrument lost -0.04% and was traded between 16.702 CZK and 16.766 CZK over the period. The price is currently at +0.16% from its lowest and -0.22% from its highest.

16.702
16.766
16.729

A study of price movements over other periods shows the following variations:
The Central Records scanner for higher/lower results shows the following items:

Central Records

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 LOW record (1 month)

Type : Bearish

Timeframe : Weekly



Technical


Technical analysis of CAD/CZK in 1H shows an overall bearish trend. The signals given by moving averages are at 71.43% bearish. This bearish trend shows slight signs of slowing down given the slightly bearish signals of short-term moving averages. There is no crossing of moving average by the price or crossing of moving averages between themselves.

On the 18 technical indicators analysed, 4 are bullish, 11 are neutral and 3 are bearish. Central Indicators, the detector scanner for these technical indicators has recently detected several signals:

Central Indicators

MACD crosses DOWN its Moving Average

Type : Bearish

Timeframe : 1 hour


Parabolic SAR indicator bearish reversal

Type : Bearish

Timeframe : 1 hour


Ichimoku : price is over the cloud

Type : Bullish

Timeframe : 1 hour



No signals are given by Central Patterns, a market scanner specialised in chart patterns, resistances and supports.

There is also a Japanese candlestick pattern detected by Central Candlesticks that could mark the end of the current short-term trend:

Central Candlesticks

Doji

Type : Neutral

Timeframe : 1 hour




ProTrendLines
S3
S2
S1
R1
R2
R3
Price


S3S2S1PriceR1R2R3
ProTrendLines 16.437 16.648 16.703 16.729 16.736 16.772 16.810
Change (%) -1.75% -0.48% -0.16% - +0.04% +0.26% +0.48%
Change -0.292 -0.081 -0.026 - +0.007 +0.043 +0.081
Level Minor Major Minor - Minor Minor Minor



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

Daily
Pivot points S3 S2 S1 PP R1 R2 R3
Standard16.58916.63416.68416.72916.77916.82416.874
Camarilla16.70916.71816.72616.73516.74416.75216.761
Woodie16.59316.63516.68816.73016.78316.82516.878
Fibonacci16.63416.67016.69216.72916.76516.78716.824


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard16.21016.41816.56316.77116.91617.12417.269
Camarilla16.61116.64316.67616.70816.74016.77316.805
Woodie16.17916.40216.53216.75516.88517.10817.238
Fibonacci16.41816.55316.63616.77116.90616.98917.124


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard15.81116.52816.96817.68518.12518.84219.282
Camarilla17.09117.19717.30317.40917.51517.62117.727
Woodie15.67416.45916.83117.61617.98818.77319.145
Fibonacci16.52816.97017.24317.68518.12718.40018.842

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): 48.23
MACD (12,26,9): 0.0020
Directional Movement: -3.023
AROON (14): 28.571
DEMA (21): 16.735
Parabolic SAR (0,02-0,02-0,2): 16.766
Elder Ray (13): -0.010
Super Trend (3,10): 16.791
Zig ZAG (10): 16.724
VORTEX (21): 1.0310
Stochastique (14,3,5): 53.51
TEMA (21): 16.735
Williams %R (14): -62.50
Chande Momentum Oscillator (20): -0.011
Repulse (5,40,3): -0.0700
ROCnROLL: 2
TRIX (15,9): 0.0020
Courbe Coppock: 0.01
MA7: 16.751
MA20: 17.034
MA50: 17.601
MA100: 18.113
MAexp7: 16.733
MAexp20: 16.732
MAexp50: 16.730
MAexp100: 16.744
Price / MA7: -0.13%
Price / MA20: -1.79%
Price / MA50: -4.95%
Price / MA100: -7.64%
Price / MAexp7: -0.03%
Price / MAexp20: -0.02%
Price / MAexp50: -0.01%
Price / MAexp100: -0.10%

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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