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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 05/01/2025 (GMT)

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  • Timeframe : 1H
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Summary of the analysis

Trends
Short term: Neutral
Underlying: Bullish
Technical indicators
28%
39%
33%
My opinion
Bullish above 2.7362 PLN
My targets
2.7405 PLN (+0.0013)
2.7664 PLN (+0.0272)
My analysis
Has the basic bullish trend slowed or is it lacking in power? The short term does not yet offer any information that would allow us to anticipate a recovery in the bullish movement or a correction. Sellers' generally have the upper hand, even if a small correction (not tradeable) on the support located at 2.7362 PLN remains possible. It is advisable to trade CAD/PLN with the greatest caution, while favouring long positions (at the time of purchase) as long as the price remains well above 2.7362 PLN. The next bullish objective for buyers is set at 2.7405 PLN. A bullish break in this resistance would boost the bullish momentum. The buyers could then target the resistance located at 2.7664 PLN. If there is any crossing, the next objective would be the resistance located at 2.8185 PLN. PS: if there is a bearish break in the support located at 2.7362 PLN we suggest that you produce a new automated technical analysis. In fact, conditions should have changed. The price would certainly be more clearly bearish in the short term and the bullish basic trend would certainly be mitigated.

In the very short term, the general bullish sentiment is not called into question, despite technical indicators being indecisive.
Force
0
10
3.2

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.

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15 min. Daily Weekly

Additional analysis

Quotes

The CAD/PLN rating is 2.7392 PLN. On the day, this instrument lost -0.03% and was traded between 2.7316 PLN and 2.7506 PLN over the period. The price is currently at +0.28% from its lowest and -0.41% from its highest.

2.7316
2.7506
2.7392

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



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 (5 years)

Type : Bearish

Timeframe : Weekly


Near a new LOW record (1 year)

Type : Bearish

Timeframe : Weekly


Near a new LOW record (1st january)

Type : Bearish

Timeframe : Weekly


Near a new LOW record (1 month)

Type : Bearish

Timeframe : Weekly



The Central Volumes scanner detects abnormal volumes on the asset:

Central Volumes

Abnormal volumes

Timeframe : 20 days

Technical


Technical analysis of CAD/PLN in 1H shows an overall bullish trend. 78.57% of the signals given by moving averages are bullish. Caution: the neutral signals currently given by the short-term moving averages indicate that this bullish trend is showing signs of running out of steam. 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.
No additional result has been identified by Central Indicators, the scanner specialised in technical indicators.

The Central Patterns scanner, which studies chart patterns, resistances and supports, has identified these signals:

Central Patterns

Near resistance of channel

Type : Bearish

Timeframe : 1 hour


Near horizontal support

Type : Bullish

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 2.6996 2.7225 2.7362 2.7392 2.7664 2.8185 2.8970
Change (%) -1.45% -0.61% -0.11% - +0.99% +2.90% +5.76%
Change -0.0396 -0.0167 -0.0030 - +0.0272 +0.0793 +0.1578
Level Intermediate Intermediate Minor - Major Intermediate Intermediate



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
Standard2.68042.69462.71732.73152.75422.76842.7911
Camarilla2.72982.73312.73652.73992.74332.74672.7501
Woodie2.68462.69672.72152.73362.75842.77052.7953
Fibonacci2.69462.70872.71742.73152.74562.75432.7684


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard2.61892.64722.67972.70802.74052.76882.8013
Camarilla2.69562.70122.70672.71232.71792.72352.7290
Woodie2.62112.64832.68192.70912.74272.76992.8035
Fibonacci2.64722.67042.68472.70802.73122.74552.7688


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard2.56332.61202.67602.72472.78872.83742.9014
Camarilla2.70892.71922.72962.73992.75022.76062.7709
Woodie2.57092.61582.68362.72852.79632.84122.9090
Fibonacci2.61202.65512.68172.72472.76782.79442.8374

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): 52.45
MACD (12,26,9): 0.0024
Directional Movement: 8.0229
AROON (14): -28.5714
DEMA (21): 2.7431
Parabolic SAR (0,02-0,02-0,2): 2.7328
Elder Ray (13): -0.0011
Super Trend (3,10): 2.7319
Zig ZAG (10): 2.7383
VORTEX (21): 1.0145
Stochastique (14,3,5): 34.56
TEMA (21): 2.7405
Williams %R (14): -64.74
Chande Momentum Oscillator (20): -0.0064
Repulse (5,40,3): -0.1029
ROCnROLL: -1
TRIX (15,9): 0.0218
Courbe Coppock: 0.36
MA7: 2.7207
MA20: 2.7224
MA50: 2.7156
MA100: 2.7782
MAexp7: 2.7396
MAexp20: 2.7389
MAexp50: 2.7312
MAexp100: 2.7237
Price / MA7: +0.68%
Price / MA20: +0.62%
Price / MA50: +0.87%
Price / MA100: -1.40%
Price / MAexp7: -0.01%
Price / MAexp20: +0.01%
Price / MAexp50: +0.29%
Price / MAexp100: +0.57%

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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Londinia
Londinia AI

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