CHF/PLN - 1H - Technical analysis published on 12/03/2021 (GMT)
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- Timeframe : 1H
- - Analysis generated on
- Status : NEUTRAL
Analysis too old. There are no more charts available.
Summary of the analysis
Trends
Short term:
Strongly bullish
Underlying:
Bearish
Technical indicators
61%
0%
39%
My opinion
Neutral between 4.4238 PLN and 4.4457 PLN
My targets
-
My analysis
The strong short-term increase on CHF/PLN is in contrast to the bearish trend. Buyers are trying to regain control of the asset and a reversal of the trend could be possible. It would be interesting to understand what caused such a rebound. Has an economic announcement impacting the basics been published? As long as the price remains above 4.4238 PLN, you could take advantage of the short-term boom. The first bullish objective would be 4.4457 PLN. Then the price could move towards 4.4645 PLN. Then 4.5109 PLN by extension. Attention should be paid to the reaction of the price on these resistances to see if the sellers show up. Be careful, a return below 4.4238 PLN could be a sign of a reversal of the bearish trend.
Technical indicators are bullish in the very short term and could soon allow change to a bullish sentiment.
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/PLN price is 4.4357 PLN. On the day, this instrument gained +0.29% with the lowest point at 4.4210 PLN and the highest point at 4.4366 PLN. The deviation from the price is +0.33% for the low point and -0.02% for the high point.4.4210
4.4366
4.4357
The Central Gaps scanner detects a bearish opening. A small advantage for sellers in the very short term.
Bearish opening
Type : Bearish
Timeframe : Openning
Here is a more detailed summary of the historical variations registered by CHF/PLN:
Near a new HIGH record (1st january)
Type : Bullish
Timeframe : Weekly
Technical
Technical analysis of CHF/PLN in 1H shows an overall bearish trend. 64.29% of the signals given by moving averages are bearish. Caution: the strong bullish signals currently being given by short-term moving averages indicate that the overall trend could quickly run out of steam. The Central Indicators scanner detects a bullish signal on moving averages that could impact this trend:
Bullish trend reversal : adaptative moving average 20
Type : Bullish
Timeframe : 1 hour
In fact, 11 technical indicators on 18 studied are currently bullish. Caution: the Central Indicators scanner currently detects an excess:
Williams %R indicator is overbought : over -20
Type : Neutral
Timeframe : 1 hour
Pivot points : price is under support 1
Type : Neutral
Timeframe : Weekly
RSI indicator is back over 50
Type : Bullish
Timeframe : 1 hour
Central Patterns, the market scanner focusing on chart patterns, resistances and supports found these results:
Near horizontal resistance
Type : Bearish
Timeframe : 1 hour
Resistance of channel is broken
Type : Bullish
Timeframe : 1 hour
The presence of a bullish Japanese candlestick pattern detected by Central Candlesticks that could cause a very short term rebound was also detected:
Bullish engulfing lines
Type : Bullish
Timeframe : 1 hour
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 4.3527 | 4.3975 | 4.4238 | 4.4357 | 4.4457 | 4.4645 | 4.5109 |
| Change (%) | -1.87% | -0.86% | -0.27% | - | +0.23% | +0.65% | +1.70% |
| Change | -0.0830 | -0.0382 | -0.0119 | - | +0.0100 | +0.0288 | +0.0752 |
| Level | Major | Intermediate | Minor | - | Major | Intermediate | Intermediate |
Attention could also be paid to pivot points to set price objectives:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 4.3570 | 4.3772 | 4.4002 | 4.4204 | 4.4434 | 4.4636 | 4.4866 |
| Camarilla | 4.4112 | 4.4152 | 4.4191 | 4.4231 | 4.4271 | 4.4310 | 4.4350 |
| Woodie | 4.3583 | 4.3779 | 4.4015 | 4.4211 | 4.4447 | 4.4643 | 4.4879 |
| Fibonacci | 4.3772 | 4.3937 | 4.4039 | 4.4204 | 4.4369 | 4.4471 | 4.4636 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 4.3862 | 4.4162 | 4.4636 | 4.4936 | 4.5410 | 4.5710 | 4.6184 |
| Camarilla | 4.4896 | 4.4967 | 4.5038 | 4.5109 | 4.5180 | 4.5251 | 4.5322 |
| Woodie | 4.3948 | 4.4206 | 4.4722 | 4.4980 | 4.5496 | 4.5754 | 4.6270 |
| Fibonacci | 4.4162 | 4.4458 | 4.4641 | 4.4936 | 4.5232 | 4.5415 | 4.5710 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 4.1567 | 4.2408 | 4.3554 | 4.4395 | 4.5541 | 4.6382 | 4.7528 |
| Camarilla | 4.4153 | 4.4335 | 4.4517 | 4.4699 | 4.4881 | 4.5063 | 4.5245 |
| Woodie | 4.1719 | 4.2484 | 4.3706 | 4.4471 | 4.5693 | 4.6458 | 4.7680 |
| Fibonacci | 4.2408 | 4.3167 | 4.3636 | 4.4395 | 4.5154 | 4.5623 | 4.6382 |
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): | 53.93 | |
| MACD (12,26,9): | -0.0010 | |
| Directional Movement: | -0.3859 | |
| AROON (14): | 78.5714 | |
| DEMA (21): | 4.4227 | |
| Parabolic SAR (0,02-0,02-0,2): | 4.4119 | |
| Elder Ray (13): | 0.0041 | |
| Super Trend (3,10): | 4.4408 | |
| Zig ZAG (10): | 4.4301 | |
| VORTEX (21): | 1.1143 | |
| Stochastique (14,3,5): | 70.54 | |
| TEMA (21): | 4.4267 | |
| Williams %R (14): | -22.64 | |
| Chande Momentum Oscillator (20): | 0.0044 | |
| Repulse (5,40,3): | 0.0304 | |
| ROCnROLL: | -1 | |
| TRIX (15,9): | -0.0088 | |
| Courbe Coppock: | 0.33 |
| MA7: | 4.4608 | |
| MA20: | 4.4360 | |
| MA50: | 4.3531 | |
| MA100: | 4.2891 | |
| MAexp7: | 4.4255 | |
| MAexp20: | 4.4250 | |
| MAexp50: | 4.4342 | |
| MAexp100: | 4.4485 | |
| Price / MA7: | -0.56% | |
| Price / MA20: | -0.01% | |
| Price / MA50: | +1.90% | |
| Price / MA100: | +3.42% | |
| Price / MAexp7: | +0.23% | |
| Price / MAexp20: | +0.24% | |
| Price / MAexp50: | +0.03% | |
| Price / MAexp100: | -0.29% |
Quotes :
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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.
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