CAD/HUF - 1H - Technical analysis published on 06/16/2020 (GMT)
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- Timeframe : 1H
- - Analysis generated on
- Status : LEVEL MAINTAINED
Analysis too old. There are no more charts available.
Summary of the analysis
Trends
Court terme:
Strongly bearish
De fond:
Bearish
Technical indicators
33%
39%
28%
My opinion
Bearish under 226.63 HUF
My targets
224.49 HUF (-1.04)
224.00 HUF (-1.53)
My analysis
CAD/HUF 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 226.63 HUF. The next support located at 224.49 HUF 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 224.00 HUF. Below this support, sellers could then target 218.30 HUF.
Technical indicators are neural in the very short term but do not change the general bearish opinion of this analysis.
FORCE
0
10
4.8
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This analysis was given by Vincent Launay. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
The CAD/HUF price is 225.53 HUF. On the day, this instrument lost -0.04% and was traded between 225.09 HUF and 225.71 HUF over the period. The price is currently at +0.20% from its lowest and -0.08% from its highest.225.09
225.71
225.53
A bearish opening was detected by the Central Gaps scanner. Sellers are trying to impose a bearish trend in the very short term.
Bearish opening
Type : Bearish
Timeframe : Openning
So that you have an overall view of the price change, here is a table showing the variations over several periods:
Technical
Technical analysis of CAD/HUF in 1H shows an overall bearish trend. The signals given by moving averages are 78.57% bearish. This bearish trend is reinforced by the strong signals currently being given by short-term moving averages. There is no crossing of moving average by the price or crossing of moving averages between themselves.
An assessment of technical indicators does not currently provide any relevant information on the direction of future price movements.
The Central Indicators scanner found no further results concerning independent technical indicators.
The analysis of the price chart with Central Patterns scanners does not return any result.
No result was found by the Central Candlesticks scanner on Japanese candlesticks.
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 218.30 | 224.00 | 224.49 | 225.53 | 225.54 | 226.63 | 227.13 |
| Change (%) | -3.21% | -0.68% | -0.46% | - | +0.00% | +0.49% | +0.71% |
| Change | -7.23 | -1.53 | -1.04 | - | +0.01 | +1.10 | +1.60 |
| Level | Intermediate | Major | Minor | - | Intermediate | Intermediate | Major |
To determine price objectives, it is also possible to use the pivot points. Here is the price position in relation to pivot points:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 222.52 | 223.68 | 224.66 | 225.82 | 226.80 | 227.96 | 228.94 |
| Camarilla | 225.04 | 225.24 | 225.43 | 225.63 | 225.83 | 226.02 | 226.22 |
| Woodie | 222.42 | 223.64 | 224.56 | 225.78 | 226.70 | 227.92 | 228.84 |
| Fibonacci | 223.68 | 224.50 | 225.01 | 225.82 | 226.64 | 227.15 | 227.96 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 220.11 | 221.90 | 224.23 | 226.02 | 228.35 | 230.14 | 232.47 |
| Camarilla | 225.44 | 225.82 | 226.19 | 226.57 | 226.95 | 227.33 | 227.70 |
| Woodie | 220.39 | 222.04 | 224.51 | 226.16 | 228.63 | 230.28 | 232.75 |
| Fibonacci | 221.90 | 223.47 | 224.44 | 226.02 | 227.59 | 228.56 | 230.14 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 214.38 | 219.72 | 223.22 | 228.56 | 232.06 | 237.40 | 240.90 |
| Camarilla | 224.29 | 225.10 | 225.91 | 226.72 | 227.53 | 228.34 | 229.15 |
| Woodie | 213.46 | 219.26 | 222.30 | 228.10 | 231.14 | 236.94 | 239.98 |
| Fibonacci | 219.72 | 223.10 | 225.18 | 228.56 | 231.94 | 234.02 | 237.40 |
Numerical data
The following are the details of the technical indicators and moving averages that were collected to generate this technical analysis:
Technical indicators
Moving averages
| RSI (14): | 41.92 | |
| MACD (12,26,9): | -0.2100 | |
| Directional Movement: | -5.84 | |
| AROON (14): | -28.57 | |
| DEMA (21): | 225.36 | |
| Parabolic SAR (0,02-0,02-0,2): | 226.34 | |
| Elder Ray (13): | -0.15 | |
| Super Trend (3,10): | 226.62 | |
| Zig ZAG (10): | 225.33 | |
| VORTEX (21): | 0.9400 | |
| Stochastique (14,3,5): | 25.51 | |
| TEMA (21): | 225.17 | |
| Williams %R (14): | -72.07 | |
| Chande Momentum Oscillator (20): | -0.67 | |
| Repulse (5,40,3): | 0.1100 | |
| ROCnROLL: | 2 | |
| TRIX (15,9): | -0.0100 | |
| Courbe Coppock: | 0.73 |
| MA7: | 225.94 | |
| MA20: | 227.54 | |
| MA50: | 230.10 | |
| MA100: | 229.78 | |
| MAexp7: | 225.43 | |
| MAexp20: | 225.64 | |
| MAexp50: | 225.77 | |
| MAexp100: | 225.86 | |
| Price / MA7: | -0.18% | |
| Price / MA20: | -0.88% | |
| Price / MA50: | -1.99% | |
| Price / MA100: | -1.85% | |
| Price / MAexp7: | +0.04% | |
| Price / MAexp20: | -0.05% | |
| Price / MAexp50: | -0.11% | |
| Price / MAexp100: | -0.15% |
Quotes :
2020-06-16 06:37:53
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Real time data
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Forex
This member declared not having a position on this financial instrument or a related financial instrument.
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