CHF/PLN
CHF PLN
4.1330 PLN (-0.16%)
Real time data - Forex
Open: 4.1399
Change: -0.0065
Volume: 130,441
Low: 4.1272
High: 4.1421
High / Low range: 0.0149
Type: Forex
Ticker: CHFPLN
ISIN:

CHF/PLN - 1H - Technical analysis published on 09/16/2020

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  • Timeframe : 1H
  • - Analysis generated on 2020-09-16 15:42:44
  • Status : TARGET REACHED

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

Complete this analysis for another time unit:
15 min. Daily Weekly
Attention: This analysis is for information purposes only and does not constitute personalized investment advice or an incentive 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 analysis. 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.

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.

Central Gaps

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:

Central Indicators

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:

Central Indicators

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


S3S2S1PriceR1R2R3
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
Standard4.09274.10364.12204.13294.15134.16224.1806
Camarilla4.13234.13504.13774.14044.14314.14584.1485
Woodie4.09654.10554.12584.13484.15514.16414.1844
Fibonacci4.10364.11484.12174.13294.14414.15104.1622


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard4.04124.06564.09714.12154.15304.17744.2089
Camarilla4.11334.11854.12364.12874.13384.13904.1441
Woodie4.04494.06744.10084.12334.15674.17924.2126
Fibonacci4.06564.08694.10014.12154.14284.15604.1774


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard3.96264.00364.03924.08024.11584.15684.1924
Camarilla4.05364.06074.06774.07474.08174.08874.0958
Woodie3.95984.00234.03644.07894.11304.15554.1896
Fibonacci4.00364.03294.05104.08024.10954.12764.1568

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 - Real time data - Forex

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

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