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 02/03/2025 (GMT)

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  • Timeframe : 1H
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Summary of the analysis

Trends
Short term: Strongly bullish
Underlying: Bullish
Technical indicators
44%
33%
22%
My opinion
Bullish above 16.700 CZK
My targets
16.779 CZK (+0.034)
16.815 CZK (+0.070)
My analysis
CAD/CZK is part of a very strong bullish trend. Traders may consider trading only long positions (at the time of purchase) as long as the price remains well above 16.700 CZK. The next resistance located at 16.779 CZK is the next bullish target to be reached. A bullish break in this resistance would boost the bullish momentum. The bullish movement could then continue towards the next resistance located at 16.815 CZK. After this resistance, buyers could then target 16.884 CZK.

Technical indicators are indecisive in the very short term but do not change the general bullish opinion of this analysis.
Force
0
10
5.2

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

CAD/CZK rating 16.745 CZK. The price has increased by +0.19% since the last closing and was traded between 16.696 CZK and 16.793 CZK over the period. The price is currently at +0.29% from its lowest and -0.29% from its highest.

16.696
16.793
16.745

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 this 1H chart of CAD/CZK indicates that the overall trend is bullish. 78.57% of the signals given by moving averages are bullish. This bullish trend is supported by the strong bullish signals given by short-term moving averages. The Central Indicators market scanner is currently detecting several bearish and bullish signals that could impact this trend:

Central Indicators

Bullish price crossover with Moving Average 20

Type : Bullish

Timeframe : 1 hour


Bullish price crossover with Moving Average 50

Type : Bullish

Timeframe : 1 hour


Bullish price crossover with Moving Average 100

Type : Bullish

Timeframe : 1 hour


Bullish price crossover with adaptative moving average 20

Type : Bullish

Timeframe : 1 hour


Bearish price crossover with adaptative moving average 50

Type : Bearish

Timeframe : 1 hour



An assessment of technical indicators does not currently provide any relevant information on the direction of future price movements.
But beware of excesses. The Central Indicators scanner currently detects this:

Central Indicators

Williams %R indicator is overbought : over -20

Type : Neutral

Timeframe : 1 hour

Other results related to technical indicators were also found by the Central Indicators scanner:

Central Indicators

RSI indicator is back over 50

Type : Bullish

Timeframe : 1 hour


Parabolic SAR indicator bullish reversal

Type : Bullish

Timeframe : 1 hour


MACD indicator is back over 0

Type : Bullish

Timeframe : 1 hour


Price is back over the pivot point

Type : Bullish

Timeframe : Weekly


Momentum indicator is back over 0

Type : Bullish

Timeframe : 1 hour



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

Central Patterns

Near horizontal support

Type : Bullish

Timeframe : 1 hour


Support of channel is broken

Type : Bearish

Timeframe : 1 hour



The Central Candlesticks scanner, specialised in Japanese candlesticks, did not identify any signals.


ProTrendLines
S3
S2
S1
R1
R2
R3
Price


S3S2S1PriceR1R2R3
ProTrendLines 16.585 16.630 16.700 16.745 16.779 16.815 16.884
Change (%) -0.96% -0.69% -0.27% - +0.20% +0.42% +0.83%
Change -0.160 -0.115 -0.045 - +0.034 +0.070 +0.139
Level Minor Intermediate Major - Intermediate 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
Standard16.32416.42016.56716.66316.81016.90617.053
Camarilla16.64616.66916.69116.71316.73516.75816.780
Woodie16.34916.43316.59216.67616.83516.91917.078
Fibonacci16.42016.51316.57116.66316.75616.81416.906


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard16.32316.44116.57016.68816.81716.93517.064
Camarilla16.63216.65516.67716.70016.72316.74516.768
Woodie16.33016.44416.57716.69116.82416.93817.071
Fibonacci16.44116.53516.59316.68816.78216.84016.935


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard15.83916.19916.44916.80917.05917.41917.669
Camarilla16.53216.58816.64416.70016.75616.81216.868
Woodie15.78516.17216.39516.78217.00517.39217.615
Fibonacci16.19916.43216.57616.80917.04217.18617.419

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): 46.42
MACD (12,26,9): -0.0040
Directional Movement: -18.226
AROON (14): -35.714
DEMA (21): 16.716
Parabolic SAR (0,02-0,02-0,2): 16.768
Elder Ray (13): 0.001
Super Trend (3,10): 16.660
Zig ZAG (10): 16.716
VORTEX (21): 0.9970
Stochastique (14,3,5): 62.96
TEMA (21): 16.713
Williams %R (14): -27.08
Chande Momentum Oscillator (20): -0.012
Repulse (5,40,3): 0.8230
ROCnROLL: 1
TRIX (15,9): 0.0020
Courbe Coppock: 0.07
MA7: 16.709
MA20: 16.855
MA50: 16.881
MA100: 16.879
MAexp7: 16.718
MAexp20: 16.720
MAexp50: 16.719
MAexp100: 16.720
Price / MA7: +0.22%
Price / MA20: -0.65%
Price / MA50: -0.81%
Price / MA100: -0.79%
Price / MAexp7: +0.16%
Price / MAexp20: +0.15%
Price / MAexp50: +0.16%
Price / MAexp100: +0.15%

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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