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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 03/31/2023 (GMT)

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  • Timeframe : 1H
  • - Analysis generated on
  • Status : INVALID

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Summary of the analysis

Trends
Short term: Neutral
Underlying: Bearish
Technical indicators
61%
0%
39%
My opinion
Bearish under 15.972 CZK
My targets
15.913 CZK (-0.043)
15.843 CZK (-0.113)
My analysis
We are currently in a phase of short-term indecision. In a case like this, you could favour trades in the direction of the basic trend on CAD/CZK. As long as you are under the resistance located at 15.972 CZK, traders with an aggressive trading strategy could consider a sale. A cross of the support located at 15.913 CZK would be a signal of a reversal in the basic trend and the short-term trend could then quickly become bearish. Sellers would then use the next support located at 15.843 CZK as an objective. Crossing it would then enable sellers to target 15.740 CZK. If the resistance 15.972 CZK were to be broken, this would simply be a sign of possible further short-term consolidation and trading against this trend would then perhaps be more risky.

Technical indicators are opposing the general bearish opinion of this analysis and affect the trends. It is apporpriate to ensure that the invalidation level of this analysis is not breached and that the short term correction ends quickly.
Force
0
10
0.5

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

CAD/CZK rating 15.956 CZK. The price registered a decrease of -0.01% on the session with the lowest point at 15.906 CZK and the highest point at 15.983 CZK. The deviation from the price is +0.31% for the low point and -0.17% for the high point.

15.906
15.983
15.956

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

Central Gaps

Bullish opening

Type : Bullish

Timeframe : Openning



A study of price movements over other periods shows the following variations:
The Central Records scanner, which identifies the highest / lowest, has detected several elements:

Central Records

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 CAD/CZK in 1H shows an overall bearish trend. 71.43% of the signals given by moving averages are bearish. Caution: the neutral signals currently given by short-term moving averages show us that the global trend is losing momentum. 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 trend reversal : adaptative moving average 20

Type : Bullish

Timeframe : 1 hour



In fact, according to the parameters integrated into the Central Analyzer system, 11 technical indicators out of 18 analysed are currently bullish. Central Indicators, the scanner specialised in technical indicators, has identified this signal:

Central Indicators

RSI indicator is back under 50

Type : Bearish

Timeframe : 1 hour



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

Central Patterns

Near support of channel

Type : Bullish

Timeframe : 1 hour


Near support of triangle

Type : Bullish

Timeframe : 1 hour



Central Candlesticks, the scanner specialised in Japanese candlesticks, detects a bearish signal that could support the hypothesis of a small drop in the very short term:

Central Candlesticks

Bearish harami

Type : Bearish

Timeframe : 1 hour




ProTrendLines
S3
S2
S1
R1
R2
R3
Price


S3S2S1PriceR1R2R3
ProTrendLines 15.740 15.843 15.913 15.956 15.972 16.096 16.156
Change (%) -1.35% -0.71% -0.27% - +0.10% +0.88% +1.25%
Change -0.216 -0.113 -0.043 - +0.016 +0.140 +0.200
Level Major Intermediate Minor - Intermediate Intermediate Minor



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

Daily
Pivot points S3 S2 S1 PP R1 R2 R3
Standard15.73915.82615.89115.97816.04316.13016.195
Camarilla15.91515.92915.94315.95715.97115.98515.999
Woodie15.72915.82115.88115.97316.03316.12516.185
Fibonacci15.82615.88415.92015.97816.03616.07216.130


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard15.12015.48215.76116.12316.40216.76417.043
Camarilla15.86515.92415.98216.04116.10016.15916.217
Woodie15.08015.46115.72116.10216.36216.74317.003
Fibonacci15.48215.72715.87816.12316.36816.51916.764


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard15.65215.93416.11016.39216.56816.85017.026
Camarilla16.16116.20316.24516.28716.32916.37116.413
Woodie15.60015.90816.05816.36616.51616.82416.974
Fibonacci15.93416.10916.21716.39216.56716.67516.850

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): 49.13
MACD (12,26,9): -0.0070
Directional Movement: -4.088
AROON (14): -35.714
DEMA (21): 15.944
Parabolic SAR (0,02-0,02-0,2): 15.907
Elder Ray (13): 0.009
Super Trend (3,10): 16.013
Zig ZAG (10): 15.959
VORTEX (21): 1.0250
Stochastique (14,3,5): 58.01
TEMA (21): 15.949
Williams %R (14): -33.77
Chande Momentum Oscillator (20): 0.002
Repulse (5,40,3): 0.0410
ROCnROLL: -1
TRIX (15,9): -0.0080
Courbe Coppock: 0.06
MA7: 16.006
MA20: 16.147
MA50: 16.316
MA100: 16.643
MAexp7: 15.951
MAexp20: 15.955
MAexp50: 15.975
MAexp100: 16.003
Price / MA7: -0.31%
Price / MA20: -1.18%
Price / MA50: -2.21%
Price / MA100: -4.13%
Price / MAexp7: +0.03%
Price / MAexp20: +0.01%
Price / MAexp50: -0.12%
Price / MAexp100: -0.29%

Quotes : - Real time data - Forex

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

About author

Londinia
Londinia AI

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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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