CHF/CZK
CHF CZK
- CZK (-)
- Real time data - Forex
Open: -
Change: -
Volume: -
Low: -
High: -
High / Low range: -
Type: Forex
Ticker: CHFCZK
ISIN:

CHF/CZK - 1H - Technical analysis published on 01/27/2020 (GMT)

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  • Timeframe : 1H
  • - Analysis generated on
  • Status : LEVEL MAINTAINED

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Summary of the analysis

Trends
Court terme: Strongly bullish
De fond: Strongly bullish
Technical indicators
83%
0%
17%
My opinion
Bullish above 23.501 CZK
My targets
23.820 CZK (+0.179)
23.891 CZK (+0.250)
My analysis
CHF/CZK is part of a very strong bullish trend. Traders may consider trading only long positions (at the time of purchase) as long as the price remains well above 23.501 CZK. The next resistance located at 23.820 CZK is the next bullish objective to be reached. A bullish break in this resistance would boost the bullish momentum. The bullish movement could then continue towards the next resistance located at 23.891 CZK. After this resistance, buyers could then target 24.626 CZK. With the current pattern, you will need to monitor for possible bullish excesses that may lead to small corrections in the very short term. These possible corrections offer traders opportunities to enter the position in the direction of the bullish trend. Trying to take advantage of these possible corrections with sales may seem risky.

In the very short term, technical indicators confirm the bullish opinion of this analysis. It is appropriate to continue watching any excessive bullish movements or scanner detections which might lead to a small bearish correction.
FORCE
0
10
8.8

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 Vincent Launay. Take part yourself by sharing additional analysis on another time unit:
15 min. Daily Weekly

Additional analysis

Quotes

The CHF/CZK rating is 23.641 CZK. The price registered an increase of +0.60% on the session with the lowest point at 23.482 CZK and the highest point at 23.662 CZK. The deviation from the price is +0.68% for the low point and -0.09% for the high point.

23.482
23.662
23.641

The Central Gaps scanner detects a bullish opening marking the presence of buyers ahead of sellers at the opening but not sufficiently marked to allow the price to register a quotation gap.

Central Gaps

Bullish opening

Type : Bullish

Timeframe : Openning



So that you have an overall view of the price change, here is a table showing the variations over several periods:
The Central Records scanner, which identifies the highest / lowest, has detected several elements:

Central Records

Near a new LOW record (1st january)

Type : Bearish

Timeframe : Weekly


Near a new LOW record (1 month)

Type : Bearish

Timeframe : Weekly



Technical


A technical analysis in 1H of this CHF/CZK chart shows a strongly bullish trend. 92.86% of the signals given by moving averages are bullish. This strongly bullish trend is supported by the strong bullish signals given by short-term moving averages. The Central Indicators scanner does not detect any result on moving averages that would impact this trend.

In fact, 15 technical indicators on 18 studied are currently positioned bullish. Caution: the Central Indicators scanner currently detects an excess:

Central Indicators

RSI indicator is overbought : over 70

Type : Neutral

Timeframe : 1 hour


CCI indicator is overbought : over 100

Type : Neutral

Timeframe : 1 hour


Williams %R indicator is overbought : over -20

Type : Neutral

Timeframe : 1 hour

Other results related to technical indicators were also found by the Central Indicators scanner:

Central Indicators

Pivot points : price is over resistance 1

Type : Neutral

Timeframe : Weekly


Pivot points : price is over resistance 3

Type : Neutral

Timeframe : 1 hour



The analysis of the price chart with Central Patterns scanners does not return any result.

The Central Candlesticks scanner currently notes the presence of this pattern in Japanese candlesticks that could mark the end of the short-term trend currently underway:

Central Candlesticks

White gravestone / inverted hammer

Type : Neutral

Timeframe : 1 hour




ProTrendLines
S3
S2
S1
R1
R2
R3
Price


S3S2S1PriceR1R2R3
ProTrendLines 23.446 23.480 23.501 23.641 23.657 23.891 24.626
Change (%) -0.82% -0.68% -0.59% - +0.07% +1.06% +4.17%
Change -0.195 -0.161 -0.140 - +0.016 +0.250 +0.985
Level Major Major Intermediate - Major 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
Standard23.33923.37723.43923.47723.53923.57723.639
Camarilla23.47323.48223.49123.50023.50923.51823.528
Woodie23.35023.38323.45023.48323.55023.58323.650
Fibonacci23.37723.41623.43923.47723.51623.53923.577


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard23.11223.19623.34823.43223.58423.66823.820
Camarilla23.43523.45723.47823.50023.52223.54323.565
Woodie23.14623.21323.38223.44923.61823.68523.854
Fibonacci23.19623.28623.34223.43223.52223.57823.668


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard22.83922.98423.22323.36823.60723.75223.991
Camarilla23.35723.39323.42823.46323.49823.53323.569
Woodie22.88723.00823.27123.39223.65523.77624.039
Fibonacci22.98423.13023.22123.36823.51423.60523.752

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): 79.33
MACD (12,26,9): 0.0390
Directional Movement: 26.585
AROON (14): 57.143
DEMA (21): 23.609
Parabolic SAR (0,02-0,02-0,2): 23.543
Elder Ray (13): 0.058
Super Trend (3,10): 23.549
Zig ZAG (10): 23.657
VORTEX (21): 1.2190
Stochastique (14,3,5): 86.71
TEMA (21): 23.629
Williams %R (14): -5.71
Chande Momentum Oscillator (20): 0.144
Repulse (5,40,3): 0.1600
ROCnROLL: 1
TRIX (15,9): 0.0160
Courbe Coppock: 0.90
MA7: 23.459
MA20: 23.396
MA50: 23.343
MA100: 23.399
MAexp7: 23.610
MAexp20: 23.563
MAexp50: 23.514
MAexp100: 23.472
Price / MA7: +0.78%
Price / MA20: +1.05%
Price / MA50: +1.28%
Price / MA100: +1.03%
Price / MAexp7: +0.14%
Price / MAexp20: +0.34%
Price / MAexp50: +0.54%
Price / MAexp100: +0.72%

This member declared not having a position on this financial instrument or a related financial instrument.

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