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

CHF/PLN - 1H - Technical analysis published on 10/10/2024 (GMT)

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  • Timeframe : 1H
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  • Status : TARGET REACHED

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Summary of the analysis

Trends
Short term: Strongly bullish
Underlying: Bullish
Technical indicators
89%
0%
11%
My opinion
Bullish above 4.5716 PLN
My targets
4.5973 PLN (+0.0062)
4.6173 PLN (+0.0262)
My analysis
All elements being clearly bullish, it would be possible for traders to trade only long positions (at the time of purchase) on CHF/PLN as long as the price remains well above 4.5716 PLN. The buyers' bullish objective is set at 4.5973 PLN. A bullish break in this resistance would boost the bullish momentum. The buyers could then target the resistance located at 4.6173 PLN. If there is any crossing, the next objective would be the resistance located at 4.6278 PLN.

In the very short term, the general bullish sentiment is confirmed by technical indicators. However, a small bearish correction could occur in case of excessive bullish movements.
Force
0
10
6.8

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

Additional analysis

Quotes

The CHF/PLN rating is 4.5911 PLN. The price registered an increase of +0.59% on the session and was between 4.5593 PLN and 4.5946 PLN. This implies that the price is at +0.70% from its lowest and at -0.08% from its highest.

4.5593
4.5946
4.5911

Here is a more detailed summary of the historical variations registered by CHF/PLN:
The Central Records scanner for higher/lower results shows the following items:

Central Records

Near a new HIGH record (1 year)

Type : Bullish

Timeframe : Weekly


Near a new HIGH record (1st january)

Type : Bullish

Timeframe : Weekly


Near a new LOW record (1 month)

Type : Bearish

Timeframe : Weekly



Technical


Technical analysis of CHF/PLN in 1H shows an overall bullish trend. 71.43% of the signals given by moving averages are bullish. This bullish trend is supported by the strong bullish signals given by short-term moving averages. An assessment of moving averages reveals several bullish signals that could impact this trend:

Central Indicators

Bullish price crossover with Moving Average 100

Type : Bullish

Timeframe : 1 hour


Bullish price crossover with adaptative moving average 100

Type : Bullish

Timeframe : 1 hour



An assessment of technical indicators shows a strong bullish signal.
Caution: the Central Indicators scanner currently detects an excess:

Central Indicators

CCI indicator is overbought : over 100

Type : Neutral

Timeframe : 1 hour


Williams %R indicator is overbought : over -20

Type : Neutral

Timeframe : 1 hour

The Central Indicators scanner found this result concerning these indicators:

Central Indicators

Pivot points : price is over resistance 1

Type : Neutral

Timeframe : 1 hour



Central Patterns, the market scanner focusing on chart patterns, resistances and supports found these results:

Central Patterns

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:

Central Candlesticks

Bullish engulfing lines

Type : Bullish

Timeframe : 1 hour




ProTrendLines
S3
S2
S1
R1
R2
R3
Price


S3S2S1PriceR1R2R3
ProTrendLines 4.5587 4.5716 4.5901 4.5911 4.5973 4.6173 4.6278
Change (%) -0.71% -0.42% -0.02% - +0.14% +0.57% +0.80%
Change -0.0324 -0.0195 -0.0010 - +0.0062 +0.0262 +0.0367
Level Major Intermediate Intermediate - Major Intermediate Intermediate



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
Standard4.52104.54014.55224.57134.58344.60254.6146
Camarilla4.55584.55874.56154.56444.56734.57014.5730
Woodie4.51764.53844.54884.56964.58004.60084.6112
Fibonacci4.54014.55204.55944.57134.58324.59064.6025


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard4.45974.49274.53684.56984.61394.64694.6910
Camarilla4.55964.56674.57374.58084.58794.59494.6020
Woodie4.46524.49554.54234.57264.61944.64974.6965
Fibonacci4.49274.52224.54044.56984.59934.61754.6469


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard4.36964.42724.48844.54604.60724.66484.7260
Camarilla4.51694.52784.53874.54964.56054.57144.5823
Woodie4.37144.42814.49024.54694.60904.66574.7278
Fibonacci4.42724.47264.50064.54604.59144.61944.6648

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): 68.79
MACD (12,26,9): 0.0030
Directional Movement: 18.2531
AROON (14): 50.0000
DEMA (21): 4.5758
Parabolic SAR (0,02-0,02-0,2): 4.5661
Elder Ray (13): 0.0093
Super Trend (3,10): 4.5663
Zig ZAG (10): 4.5878
VORTEX (21): 1.1945
Stochastique (14,3,5): 94.21
TEMA (21): 4.5816
Williams %R (14): -1.70
Chande Momentum Oscillator (20): 0.0211
Repulse (5,40,3): 0.2904
ROCnROLL: 1
TRIX (15,9): -0.0007
Courbe Coppock: 0.63
MA7: 4.5819
MA20: 4.5516
MA50: 4.5487
MA100: 4.4966
MAexp7: 4.5802
MAexp20: 4.5735
MAexp50: 4.5751
MAexp100: 4.5774
Price / MA7: +0.20%
Price / MA20: +0.87%
Price / MA50: +0.93%
Price / MA100: +2.10%
Price / MAexp7: +0.24%
Price / MAexp20: +0.38%
Price / MAexp50: +0.35%
Price / MAexp100: +0.30%

Quotes : - Real time data - Forex

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

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