CHF/PLN - 1H - Technical analysis published on 09/16/2020 (GMT)
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- Timeframe : 1H
- - Analysis generated on
- Status : TARGET REACHED
Analysis too old. There are no more charts available.
Summary of the analysis
Trends
Court terme:
Neutral
De fond:
Bullish
Technical indicators
33%
22%
44%
My opinion
Bullish above 4.1200 PLN
My targets
4.1414 PLN (+0.0049)
4.1458 PLN (+0.0093)
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 4.1200 PLN remains possible. It is advisable to trade CHF/PLN with the greatest caution, while favouring long positions (at the time of purchase) as long as the price remains well above 4.1200 PLN. The next bullish objective for buyers is set at 4.1414 PLN. A bullish break in this resistance would boost the bullish momentum. The buyers could then target the resistance located at 4.1458 PLN. If there is any crossing, the next objective would be the resistance located at 4.2112 PLN. PS: if there is a bearish break in the support located at 4.1200 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, technical indicators are indecisive, but do not change the general bullish opinion of this analysis.
Force
0
10
2.9
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This analysis was given by Vincent Launay. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
The CHF/PLN price is 4.1365 PLN. On the day, this instrument lost -0.09% and was traded between 4.1293 PLN and 4.1438 PLN over the period. The price is currently at +0.17% from its lowest and -0.18% from its highest.4.1293
4.1438
4.1365
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/PLN:
Technical
Technical analysis of CHF/PLN in 1H shows an overall bullish trend. 71.43% of the signals given by moving averages are bullish. Caution: the neutral signals currently given by short-term moving averages show us that the global trend is losing momentum. The Central Indicators market scanner is currently detecting several bullish signals that could impact this trend:
Bullish trend reversal : Moving Average 100
Type : Bullish
Timeframe : 1 hour
Bullish price crossover with Moving Average 20
Type : Bullish
Timeframe : 1 hour
An assessment of technical indicators does not currently provide any relevant information to suggest whether the signal given by the technical indicators is more bullish or bearish.
Other results related to technical indicators were also found by the Central Indicators scanner:
Parabolic SAR indicator bullish reversal
Type : Bullish
Timeframe : 1 hour
Williams %R indicator is back over -50
Type : Bullish
Timeframe : 1 hour
No signals are given by Central Patterns, a market scanner specialised in chart patterns, resistances and supports.
No result was found by the Central Candlesticks scanner on Japanese candlesticks.
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
S3 | S2 | S1 | Price | R1 | R2 | R3 | |
---|---|---|---|---|---|---|---|
ProTrendLines | 4.0899 | 4.1063 | 4.1200 | 4.1365 | 4.1370 | 4.1414 | 4.1458 |
Change (%) | -1.13% | -0.73% | -0.40% | - | +0.01% | +0.12% | +0.22% |
Change | -0.0466 | -0.0302 | -0.0165 | - | +0.0005 | +0.0049 | +0.0093 |
Level | Minor | Major | Intermediate | - | Intermediate | Intermediate | Minor |
Attention could also be paid to pivot points to set price objectives:
Daily
Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
---|---|---|---|---|---|---|---|
Standard | 4.0927 | 4.1036 | 4.1220 | 4.1329 | 4.1513 | 4.1622 | 4.1806 |
Camarilla | 4.1323 | 4.1350 | 4.1377 | 4.1404 | 4.1431 | 4.1458 | 4.1485 |
Woodie | 4.0965 | 4.1055 | 4.1258 | 4.1348 | 4.1551 | 4.1641 | 4.1844 |
Fibonacci | 4.1036 | 4.1148 | 4.1217 | 4.1329 | 4.1441 | 4.1510 | 4.1622 |
Weekly
Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
---|---|---|---|---|---|---|---|
Standard | 4.0412 | 4.0656 | 4.0971 | 4.1215 | 4.1530 | 4.1774 | 4.2089 |
Camarilla | 4.1133 | 4.1185 | 4.1236 | 4.1287 | 4.1338 | 4.1390 | 4.1441 |
Woodie | 4.0449 | 4.0674 | 4.1008 | 4.1233 | 4.1567 | 4.1792 | 4.2126 |
Fibonacci | 4.0656 | 4.0869 | 4.1001 | 4.1215 | 4.1428 | 4.1560 | 4.1774 |
Monthly
Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
---|---|---|---|---|---|---|---|
Standard | 3.9626 | 4.0036 | 4.0392 | 4.0802 | 4.1158 | 4.1568 | 4.1924 |
Camarilla | 4.0536 | 4.0607 | 4.0677 | 4.0747 | 4.0817 | 4.0887 | 4.0958 |
Woodie | 3.9598 | 4.0023 | 4.0364 | 4.0789 | 4.1130 | 4.1555 | 4.1896 |
Fibonacci | 4.0036 | 4.0329 | 4.0510 | 4.0802 | 4.1095 | 4.1276 | 4.1568 |
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): | 48.60 | |
MACD (12,26,9): | 0.0006 | |
Directional Movement: | -1.9159 | |
AROON (14): | -21.4286 | |
DEMA (21): | 4.1382 | |
Parabolic SAR (0,02-0,02-0,2): | 4.1298 | |
Elder Ray (13): | 0.0006 | |
Super Trend (3,10): | 4.1287 | |
Zig ZAG (10): | 4.1362 | |
VORTEX (21): | 0.9699 | |
Stochastique (14,3,5): | 60.12 | |
TEMA (21): | 4.1377 | |
Williams %R (14): | -37.23 | |
Chande Momentum Oscillator (20): | -0.0037 | |
Repulse (5,40,3): | 0.0137 | |
ROCnROLL: | -1 | |
TRIX (15,9): | 0.0048 | |
Courbe Coppock: | 0.19 |
MA7: | 4.1307 | |
MA20: | 4.1049 | |
MA50: | 4.1105 | |
MA100: | 4.1612 | |
MAexp7: | 4.1373 | |
MAexp20: | 4.1372 | |
MAexp50: | 4.1349 | |
MAexp100: | 4.1314 | |
Price / MA7: | +0.14% | |
Price / MA20: | +0.77% | |
Price / MA50: | +0.63% | |
Price / MA100: | -0.59% | |
Price / MAexp7: | -0.02% | |
Price / MAexp20: | -0.02% | |
Price / MAexp50: | +0.04% | |
Price / MAexp100: | +0.12% |
Quotes :
2020-09-16 15:42:43
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Real time data
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Forex
This member declared not having a position on this financial instrument or a related financial instrument.
About author
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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