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 02/02/2025 (GMT)

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  • Timeframe : 1H
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Summary of the analysis

Trends
Short term: Bearish
Underlying: Bearish
Technical indicators
22%
39%
39%
My opinion
Bearish under 2.8085 PLN
My targets
2.7932 PLN (-0.0033)
2.7859 PLN (-0.0106)
My analysis
There is a bearish trend on CAD/PLN both at the basic level and in the short term. A sale could be considered, so long as the price remains below 2.8085 PLN. Each support break is a strong signal that the current trend will continue. The first bearish objective would be 2.7932 PLN. Then the price could move towards 2.7859 PLN. Then 2.7650 PLN by extension. Be careful, a return to above the resistance 2.8085 PLN would be a sign of a weakening of the trend and a possible rebound phase could then occur. In this case, you could keep away while waiting for a signal that the basic trend will resume. Trading against the trend is perhaps more risky.

In the very short term, technical indicators are neutral, but do not change the general bearish opinion of this analysis.
Force
0
10
3.8

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/PLN price is 2.7965 PLN. The price is lower by -0.01% since the last closing with the lowest point at 2.7928 PLN and the highest point at 2.8065 PLN. The deviation from the price is +0.13% for the low point and -0.36% for the high point.

2.7928
2.8065
2.7965

A bearish opening was detected by the Central Gaps scanner. Sellers are trying to impose a bearish trend in the very short term.

Central Gaps

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:
The study of the highest / lowest by the Central Records scanner shows the following results:

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 HIGH record (1st january)

Type : Bullish

Timeframe : Weekly


Near a new HIGH record (1 month)

Type : Bullish

Timeframe : Weekly



Technical


A technical analysis in 1H of this CAD/PLN chart shows a bearish trend. 67.86% of the signals given by moving averages are bearish. The overall trend seems to be showing some signs of weakness, as do the tentative bearish signals from short-term moving averages. The Central Indicators scanner detects bearish signals on moving averages that could impact this trend:

Central Indicators

Bearish trend reversal : adaptative moving average 20

Type : Bearish

Timeframe : 1 hour


Bearish trend reversal : adaptative moving average 50

Type : Bearish

Timeframe : 1 hour


Bearish trend reversal : adaptative moving average 100

Type : Bearish

Timeframe : 1 hour



On the 18 technical indicators analysed, 4 are bullish, 7 are neutral and 7 are bearish. Caution: the Central Indicators scanner currently detects an excess:

Central Indicators

Williams %R indicator is oversold : under -80

Type : Neutral

Timeframe : 1 hour

Central Indicators, the detector scanner for these technical indicators recently detected a signal:

Central Indicators

Ichimoku : price is under the cloud

Type : Bearish

Timeframe : 1 hour



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

Central Patterns

Near horizontal resistance

Type : Bearish

Timeframe : 1 hour


Resistance of channel is broken

Type : Bullish

Timeframe : 1 hour



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


ProTrendLines
S3
S2
S1
R1
R2
R3
Price


S3S2S1PriceR1R2R3
ProTrendLines 2.7650 2.7859 2.7932 2.7965 2.8085 2.8256 2.8398
Change (%) -1.13% -0.38% -0.12% - +0.43% +1.04% +1.55%
Change -0.0315 -0.0106 -0.0033 - +0.0120 +0.0291 +0.0433
Level Major Minor Intermediate - Major Minor Minor



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

Daily
Pivot points S3 S2 S1 PP R1 R2 R3
Standard2.76022.77402.78542.79922.81062.82442.8358
Camarilla2.78982.79212.79442.79672.79902.80132.8036
Woodie2.75892.77342.78412.79862.80932.82382.8345
Fibonacci2.77402.78372.78962.79922.80892.81482.8244


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard2.72972.74962.77322.79312.81672.83662.8602
Camarilla2.78472.78872.79272.79672.80072.80472.8087
Woodie2.73152.75052.77502.79402.81852.83752.8620
Fibonacci2.74962.76632.77652.79312.80982.82002.8366


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard2.60312.68642.74152.82482.87992.96323.0183
Camarilla2.75862.77132.78402.79672.80942.82212.8348
Woodie2.58912.67942.72752.81782.86592.95623.0043
Fibonacci2.68642.73922.77192.82482.87762.91032.9632

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): 45.39
MACD (12,26,9): 0.0007
Directional Movement: -3.7156
AROON (14): 21.4286
DEMA (21): 2.8015
Parabolic SAR (0,02-0,02-0,2): 2.7945
Elder Ray (13): -0.0018
Super Trend (3,10): 2.7932
Zig ZAG (10): 2.7967
VORTEX (21): 1.0554
Stochastique (14,3,5): 28.88
TEMA (21): 2.8017
Williams %R (14): -81.19
Chande Momentum Oscillator (20): -0.0057
Repulse (5,40,3): -0.3115
ROCnROLL: 2
TRIX (15,9): 0.0069
Courbe Coppock: 0.14
MA7: 2.8002
MA20: 2.8450
MA50: 2.8652
MA100: 2.8711
MAexp7: 2.8003
MAexp20: 2.8004
MAexp50: 2.7995
MAexp100: 2.8015
Price / MA7: -0.13%
Price / MA20: -1.70%
Price / MA50: -2.40%
Price / MA100: -2.60%
Price / MAexp7: -0.14%
Price / MAexp20: -0.14%
Price / MAexp50: -0.11%
Price / MAexp100: -0.18%

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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