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 01/27/2025 (GMT)

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  • Timeframe : 1H
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Summary of the analysis

Trends
Short term: Strongly bearish
Underlying: Strongly bearish
Technical indicators
33%
33%
33%
My opinion
Bearish under 16.700 CZK
My targets
16.630 CZK (-0.029)
16.547 CZK (-0.112)
My analysis
CAD/CZK is part of a very strong bearish trend. Traders may consider trading only short positions (for sale) as long as the price remains well below 16.700 CZK. The next support located at 16.630 CZK is the next bearish objective to target. A bearish break of this support would revive the bearish momentum. The bearish movement could then continue towards the next support located at 16.547 CZK. Below this support, sellers could then target 16.456 CZK. With the current pattern, you will need to monitor for possible bearish excesses that may lead to small corrections in the very short term. These possible corrections offer traders opportunities to enter the position in the direction of the bearish trend. Trying to profit from the purchase of these possible corrections may seem risky.

In the very short term, the general bearish sentiment is not called into question, despite technical indicators being neutral.
Force
0
10
6.1

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 16.659 CZK. The price is lower by -0.07% since the last closing and was between 16.640 CZK and 16.686 CZK. This implies that the price is at +0.11% from its lowest and at -0.16% from its highest.

16.640
16.686
16.659

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.

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 LOW record (1 year)

Type : Bearish

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


Technical analysis of CAD/CZK in 1H shows a overall strongly bearish trend. 92.86% of the signals given by moving averages are bearish. The overall trend is supported by the strong bearish signals from 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: 6 are bullish, 6 are neutral and 6 are bearish. Central Indicators, the detector scanner for these technical indicators has recently detected several signals:

Central Indicators

Price is back under the pivot point

Type : Bearish

Timeframe : 1 hour


Momentum indicator is back under 0

Type : Bearish

Timeframe : 1 hour


Williams %R indicator is back under -50

Type : Bearish

Timeframe : 1 hour



Central Patterns, the market scanner focusing on chart patterns, resistances and supports found this result:

Central Patterns

Near resistance of channel

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


S3S2S1PriceR1R2R3
ProTrendLines 16.456 16.547 16.630 16.659 16.700 16.751 16.815
Change (%) -1.22% -0.67% -0.17% - +0.25% +0.55% +0.94%
Change -0.203 -0.112 -0.029 - +0.041 +0.092 +0.156
Level Major Major Intermediate - Intermediate Intermediate Intermediate



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

Daily
Pivot points S3 S2 S1 PP R1 R2 R3
Standard16.47516.55416.61316.69216.75116.83016.889
Camarilla16.63316.64616.65816.67116.68416.69616.709
Woodie16.46416.54916.60216.68716.74016.82516.878
Fibonacci16.55416.60716.64016.69216.74516.77816.830


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard16.15516.39416.53316.77216.91117.15017.289
Camarilla16.56716.60216.63616.67116.70616.74016.775
Woodie16.10416.36916.48216.74716.86017.12517.238
Fibonacci16.39416.53916.62816.77216.91717.00617.150


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard16.16916.41116.66816.91017.16717.40917.666
Camarilla16.78716.83316.87816.92416.97017.01617.061
Woodie16.17616.41516.67516.91417.17417.41317.673
Fibonacci16.41116.60216.72016.91017.10117.21917.409

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): 43.47
MACD (12,26,9): -0.0130
Directional Movement: -4.609
AROON (14): 64.285
DEMA (21): 16.653
Parabolic SAR (0,02-0,02-0,2): 16.636
Elder Ray (13): -0.002
Super Trend (3,10): 16.721
Zig ZAG (10): 16.664
VORTEX (21): 0.9480
Stochastique (14,3,5): 65.22
TEMA (21): 16.660
Williams %R (14): -58.70
Chande Momentum Oscillator (20): -0.012
Repulse (5,40,3): -0.0690
ROCnROLL: 2
TRIX (15,9): -0.0170
Courbe Coppock: 0.06
MA7: 16.805
MA20: 16.917
MA50: 16.936
MA100: 16.879
MAexp7: 16.665
MAexp20: 16.675
MAexp50: 16.712
MAexp100: 16.768
Price / MA7: -0.87%
Price / MA20: -1.53%
Price / MA50: -1.64%
Price / MA100: -1.30%
Price / MAexp7: -0.04%
Price / MAexp20: -0.10%
Price / MAexp50: -0.32%
Price / MAexp100: -0.65%

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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