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CAD/PLN
CAD PLN
- PLN (-)
- Real time data - Forex
Open: -
Change: -
Volume: -
Low: -
High: -
High / Low range: -
Type: Forex
Ticker: CADPLN
ISIN:

CAD/PLN - 1H - Technical analysis published on 12/29/2023 (GMT)

  • 107
  • 0
  • Timeframe : 1H
  • - Analysis generated on
  • Status : NEUTRAL

Summary of the analysis

Trends
Short term: Bullish
Underlying: Slightly bearish
Technical indicators
33%
17%
50%
My opinion
Neutral between 2.9566 PLN and 2.9636 PLN
My targets
-
My analysis
The short-term increase on CAD/PLN remains moderate but could challenge the slightly bearish basic trend. It is difficult to advise a trading direction under these conditions. The first resistance is located at 2.9636 PLN. The first support is located at 2.9566 PLN. You could remain on the sidelines waiting for a more pronounced price movement on this instrument. A new analysis could then be carried out to provide clearer signals.

In the very short term, the neutral opinion of this analysis is confirmed by technical indicators which are also neutral.

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/PLN price is 2.9602 PLN. On the day, this instrument lost -0.03% with the lowest point at 2.9569 PLN and the highest point at 2.9660 PLN. The deviation from the price is +0.11% for the low point and -0.20% for the high point.

2.9569
2.9660
2.9602

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 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 (1 month)

Type : Bearish

Timeframe : Weekly



Technical


Technical analysis of CAD/PLN in 1H shows an overall slightly bearish trend. 53.57% of the signals given by moving averages are bearish. Caution: the slightly bullish signals currently being given by short-term moving averages indicate that this overall trend could be reversed. The Central Indicators market scanner is currently detecting several bearish and bullish signals that could impact this trend:

Central Indicators

Bearish trend reversal : adaptative moving average 100

Type : Bearish

Timeframe : 1 hour


Bullish price crossover with Moving Average 20

Type : Bullish

Timeframe : 1 hour



In fact, Central Analyzer took into account 18 technical indicators and the result was as follows: 6 are bullish, 9 are neutral and 3 are bearish. 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


Ichimoku : price is over the cloud

Type : Bullish

Timeframe : 1 hour


Williams %R indicator is back over -50

Type : Bullish

Timeframe : 1 hour



Central Patterns, the scanner specializing in chart patterns, did not identify any signals.

The Central Candlesticks scanner which studies Japanese candlesticks did not detect anything.


ProTrendLines
S3
S2
S1
R1
R2
R3
Price


S3S2S1PriceR1R2R3
ProTrendLines 2.9411 2.9509 2.9566 2.9602 2.9636 2.9698 2.9737
Change (%) -0.65% -0.31% -0.12% - +0.11% +0.32% +0.46%
Change -0.0191 -0.0093 -0.0036 - +0.0034 +0.0096 +0.0135
Level Minor Minor Major - Minor Minor 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
Standard2.92172.93302.94712.95842.97252.98382.9979
Camarilla2.95412.95642.95882.96112.96342.96582.9681
Woodie2.92302.93372.94842.95912.97382.98452.9992
Fibonacci2.93302.94272.94872.95842.96812.97412.9838


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard2.95462.95872.96522.96932.97582.97992.9864
Camarilla2.96892.96992.97082.97182.97282.97372.9747
Woodie2.95592.95932.96652.96992.97712.98052.9877
Fibonacci2.95872.96272.96522.96932.97332.97582.9799


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard2.68792.78702.86712.96623.04633.14543.2255
Camarilla2.89802.91452.93092.94732.96372.98022.9966
Woodie2.67852.78232.85772.96153.03693.14073.2161
Fibonacci2.78702.85542.89772.96623.03463.07693.1454

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): 52.55
MACD (12,26,9): 0.0018
Directional Movement: 7.3760
AROON (14): 35.7143
DEMA (21): 2.9622
Parabolic SAR (0,02-0,02-0,2): 2.9525
Elder Ray (13): -0.0005
Super Trend (3,10): 2.9504
Zig ZAG (10): 2.9608
VORTEX (21): 1.0734
Stochastique (14,3,5): 43.12
TEMA (21): 2.9640
Williams %R (14): -61.96
Chande Momentum Oscillator (20): 0.0022
Repulse (5,40,3): -0.1147
ROCnROLL: -1
TRIX (15,9): 0.0104
Courbe Coppock: 0.21
MA7: 2.9638
MA20: 2.9568
MA50: 2.9717
MA100: 3.0518
MAexp7: 2.9614
MAexp20: 2.9600
MAexp50: 2.9595
MAexp100: 2.9614
Price / MA7: -0.12%
Price / MA20: +0.11%
Price / MA50: -0.39%
Price / MA100: -3.00%
Price / MAexp7: -0.04%
Price / MAexp20: +0.01%
Price / MAexp50: +0.02%
Price / MAexp100: -0.04%

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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