CHF/CZK - 1H - Technical analysis published on 10/20/2020 (GMT)
- Who voted?
- 163
- 0
I am delighted to see that my first price objective has been achieved. I hope you've taken advantage of it.
Click here for a new analysis!
Click here for a new analysis!
- Timeframe : 1H
- - Analysis generated on
- Status : TARGET REACHED
Analysis too old. There are no more charts available.
Summary of the analysis
Trends
Court terme:
Strongly bearish
De fond:
Bearish
Technical indicators
39%
33%
28%
My opinion
Bearish under 25.541 CZK
My targets
25.400 CZK (-0.042)
25.352 CZK (-0.090)
My analysis
All elements being clearly bearish, it would be possible for traders to trade only short positions (for sale) on CHF/CZK as long as the price remains well below 25.541 CZK. The sellers” bearish objective is set at 25.400 CZK. A bearish break of this support would revive the bearish momentum. The sellers could then target the support located at 25.352 CZK. In case of crossing, the next objective would be the support located at 25.235 CZK.
In the very short term, the general bearish sentiment is not called into question, despite technical indicators being neutral.
Force
0
10
4.5
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 Vincent Launay. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
The CHF/CZK price is 25.442 CZK. The price is lower by -0.02% since the last closing with the lowest point at 25.415 CZK and the highest point at 25.507 CZK. The deviation from the price is +0.11% for the low point and -0.25% for the high point.25.415
25.507
25.442
The Central Gaps scanner detects a bullish opening. A small advantage for buyers in the very short term.
Bullish opening
Type : Bullish
Timeframe : Openning
Here is a more detailed summary of the historical variations registered by CHF/CZK:
Near a new HIGH record (5 years)
Type : Bullish
Timeframe : Weekly
Near a new HIGH record (1st january)
Type : Bullish
Timeframe : Weekly
Technical
Technical analysis of this 1H chart of CHF/CZK indicates that the overall trend is bearish. 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. The Central Indicators scanner detects a bearish signal on moving averages that could impact this trend:
Moving Average bearish crossovers : AMA20 & AMA50
Type : Bearish
Timeframe : 1 hour
The technical indicators are generally neutral. They do not provide relevant information on the direction of future price movements.
Caution: the Central Indicators scanner currently detects an excess:
CCI indicator is oversold : under -100
Type : Neutral
Timeframe : 1 hour
Williams %R indicator is oversold : under -80
Type : Neutral
Timeframe : 1 hour
Ichimoku : price is under the cloud
Type : Bearish
Timeframe : 1 hour
Price is back over the pivot point
Type : Bullish
Timeframe : Weekly
Price is back under the pivot point
Type : Bearish
Timeframe : 1 hour
Momentum indicator is back under 0
Type : Bearish
Timeframe : 1 hour
No signals are given by Central Patterns, a market scanner specialised in chart patterns, resistances and supports.
The Central Candlesticks scanner which studies Japanese candlesticks did not detect anything.
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 25.235 | 25.352 | 25.400 | 25.442 | 25.459 | 25.541 | 25.589 |
| Change (%) | -0.81% | -0.35% | -0.17% | - | +0.07% | +0.39% | +0.58% |
| Change | -0.207 | -0.090 | -0.042 | - | +0.017 | +0.099 | +0.147 |
| Level | Intermediate | Intermediate | Major | - | Minor | 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 |
|---|---|---|---|---|---|---|---|
| Standard | 25.154 | 25.249 | 25.348 | 25.443 | 25.542 | 25.637 | 25.736 |
| Camarilla | 25.393 | 25.410 | 25.428 | 25.446 | 25.464 | 25.482 | 25.499 |
| Woodie | 25.155 | 25.250 | 25.349 | 25.444 | 25.543 | 25.638 | 25.737 |
| Fibonacci | 25.249 | 25.323 | 25.369 | 25.443 | 25.517 | 25.563 | 25.637 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 24.604 | 24.849 | 25.125 | 25.370 | 25.646 | 25.891 | 26.167 |
| Camarilla | 25.257 | 25.305 | 25.352 | 25.400 | 25.448 | 25.496 | 25.543 |
| Woodie | 24.619 | 24.857 | 25.140 | 25.378 | 25.661 | 25.899 | 26.182 |
| Fibonacci | 24.849 | 25.048 | 25.171 | 25.370 | 25.569 | 25.692 | 25.891 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 23.042 | 23.556 | 24.313 | 24.827 | 25.584 | 26.098 | 26.855 |
| Camarilla | 24.720 | 24.836 | 24.953 | 25.069 | 25.186 | 25.302 | 25.419 |
| Woodie | 23.163 | 23.617 | 24.434 | 24.888 | 25.705 | 26.159 | 26.976 |
| Fibonacci | 23.556 | 24.042 | 24.342 | 24.827 | 25.313 | 25.613 | 26.098 |
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): | 45.27 | |
| MACD (12,26,9): | -0.0070 | |
| Directional Movement: | 13.646 | |
| AROON (14): | -42.857 | |
| DEMA (21): | 25.436 | |
| Parabolic SAR (0,02-0,02-0,2): | 25.526 | |
| Elder Ray (13): | -0.007 | |
| Super Trend (3,10): | 25.559 | |
| Zig ZAG (10): | 25.436 | |
| VORTEX (21): | 0.9730 | |
| Stochastique (14,3,5): | 14.94 | |
| TEMA (21): | 25.436 | |
| Williams %R (14): | -78.26 | |
| Chande Momentum Oscillator (20): | -0.009 | |
| Repulse (5,40,3): | -0.0860 | |
| ROCnROLL: | 2 | |
| TRIX (15,9): | -0.0020 | |
| Courbe Coppock: | 0.21 |
| MA7: | 25.434 | |
| MA20: | 25.220 | |
| MA50: | 24.784 | |
| MA100: | 24.763 | |
| MAexp7: | 25.438 | |
| MAexp20: | 25.445 | |
| MAexp50: | 25.454 | |
| MAexp100: | 25.440 | |
| Price / MA7: | +0.03% | |
| Price / MA20: | +0.88% | |
| Price / MA50: | +2.65% | |
| Price / MA100: | +2.74% | |
| Price / MAexp7: | +0.02% | |
| Price / MAexp20: | -0.01% | |
| Price / MAexp50: | -0.05% | |
| Price / MAexp100: | +0.01% |
Quotes :
2020-10-20 07:02:22
-
Real time data
-
Forex
This member declared not having a position on this financial instrument or a related financial instrument.
About author
Online
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…
Add a comment
Comments
0 comments on the analysis CHF/CZK - 1H