CHF/PLN - 1H - Technical analysis published on 12/09/2019 (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:
Strongly bullish
De fond:
Slightly bullish
Technical indicators
56%
11%
33%
My opinion
Bullish above 3.9005 PLN
My targets
3.9144 PLN (+0.0092)
3.9265 PLN (+0.0213)
My analysis
The strong short-term increase for CHF/PLN reinforces the current slightly bullish trend. As long as the price remains above 3.9005 PLN, you could take advantage of this bullish acceleration. The first bullish objective is located at 3.9144 PLN. The bullish momentum would be boosted by a break in this resistance. Buyers would then use the next resistance located at 3.9265 PLN as an objective. Crossing it would then enable buyers to target 3.9358 PLN. A return to 3.9005 PLN would be a sign of a possible correction of short-term bullish excesses. In this case, you could stay away while waiting for signals indicating a reversal of the trend.
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
3.9
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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
CHF/PLN rating 3.9052 PLN. The price registered an increase of +0.05% on the session with the lowest point at 3.9000 PLN and the highest point at 3.9094 PLN. The deviation from the price is +0.13% for the low point and -0.11% for the high point.3.9000
3.9094
3.9052
The Central Gaps scanner detects a bullish opening. A small advantage for buyers in the very short term.
Bullish opening
Type : Bullish
Timeframe : Openning
A study of price movements over other periods shows the following variations:
Technical
Technical analysis of this 1H chart of CHF/PLN indicates that the overall trend is slightly bullish. Only 57.14% of the signals given by moving averages are bullish. This slightly bullish trend is reinforced by the strong signals currently being given by short-term moving averages. An assessment of moving averages reveals several bullish signals that could impact this trend:
Bullish trend reversal : adaptative moving average 20
Type : Bullish
Timeframe : 1 hour
Bullish trend reversal : adaptative moving average 50
Type : Bullish
Timeframe : 1 hour
Bullish price crossover with Moving Average 20
Type : Bullish
Timeframe : 1 hour
Bullish price crossover with Moving Average 50
Type : Bullish
Timeframe : 1 hour
Bullish price crossover with adaptative moving average 20
Type : Bullish
Timeframe : 1 hour
Bullish price crossover with adaptative moving average 50
Type : Bullish
Timeframe : 1 hour
In fact, according to the parameters integrated into the Central Analyzer system, 10 technical indicators out of 18 analysed 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 over resistance 1
Type : Neutral
Timeframe : 1 hour
RSI indicator is back over 50
Type : Bullish
Timeframe : 1 hour
MACD indicator is back over 0
Type : Bullish
Timeframe : 1 hour
Price is back under the pivot point
Type : Bearish
Timeframe : Weekly
Williams %R indicator is back over -50
Type : Bullish
Timeframe : 1 hour
The Central Patterns scanner, which studies chart patterns, resistances and supports, has identified these signals:
Near horizontal resistance
Type : Bearish
Timeframe : 1 hour
Near resistance of triangle
Type : Bearish
Timeframe : 1 hour
Resistance of channel is broken
Type : Bullish
Timeframe : 1 hour
The Central Candlesticks scanner, specialised in Japanese candlesticks, did not identify any signals.
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 3.8608 | 3.8931 | 3.9005 | 3.9052 | 3.9056 | 3.9144 | 3.9265 |
| Change (%) | -1.14% | -0.31% | -0.12% | - | +0.01% | +0.24% | +0.55% |
| Change | -0.0444 | -0.0121 | -0.0047 | - | +0.0004 | +0.0092 | +0.0213 |
| Level | Major | Major | Minor | - | Intermediate | Intermediate | 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 |
|---|---|---|---|---|---|---|---|
| Standard | 3.8763 | 3.8852 | 3.8943 | 3.9032 | 3.9123 | 3.9212 | 3.9303 |
| Camarilla | 3.8985 | 3.9001 | 3.9018 | 3.9034 | 3.9051 | 3.9067 | 3.9084 |
| Woodie | 3.8764 | 3.8853 | 3.8944 | 3.9033 | 3.9124 | 3.9213 | 3.9304 |
| Fibonacci | 3.8852 | 3.8921 | 3.8963 | 3.9032 | 3.9101 | 3.9143 | 3.9212 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 3.8611 | 3.8769 | 3.8902 | 3.9060 | 3.9193 | 3.9351 | 3.9484 |
| Camarilla | 3.8954 | 3.8981 | 3.9007 | 3.9034 | 3.9061 | 3.9087 | 3.9114 |
| Woodie | 3.8598 | 3.8763 | 3.8889 | 3.9054 | 3.9180 | 3.9345 | 3.9471 |
| Fibonacci | 3.8769 | 3.8881 | 3.8949 | 3.9060 | 3.9172 | 3.9240 | 3.9351 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 3.7655 | 3.8103 | 3.8630 | 3.9078 | 3.9605 | 4.0053 | 4.0580 |
| Camarilla | 3.8888 | 3.8977 | 3.9067 | 3.9156 | 3.9245 | 3.9335 | 3.9424 |
| Woodie | 3.7694 | 3.8123 | 3.8669 | 3.9098 | 3.9644 | 4.0073 | 4.0619 |
| Fibonacci | 3.8103 | 3.8476 | 3.8706 | 3.9078 | 3.9451 | 3.9681 | 4.0053 |
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): | 54.32 | |
| MACD (12,26,9): | 0.0003 | |
| Directional Movement: | 6.0502 | |
| AROON (14): | 14.2857 | |
| DEMA (21): | 3.9040 | |
| Parabolic SAR (0,02-0,02-0,2): | 3.9096 | |
| Elder Ray (13): | 0.0002 | |
| Super Trend (3,10): | 3.8945 | |
| Zig ZAG (10): | 3.9054 | |
| VORTEX (21): | 1.0115 | |
| Stochastique (14,3,5): | 52.43 | |
| TEMA (21): | 3.9049 | |
| Williams %R (14): | -19.10 | |
| Chande Momentum Oscillator (20): | 0.0034 | |
| Repulse (5,40,3): | 0.1234 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | 0.0021 | |
| Courbe Coppock: | 0.10 |
| MA7: | 3.9073 | |
| MA20: | 3.9143 | |
| MA50: | 3.9098 | |
| MA100: | 3.9431 | |
| MAexp7: | 3.9047 | |
| MAexp20: | 3.9036 | |
| MAexp50: | 3.9037 | |
| MAexp100: | 3.9057 | |
| Price / MA7: | -0.05% | |
| Price / MA20: | -0.23% | |
| Price / MA50: | -0.12% | |
| Price / MA100: | -0.96% | |
| Price / MAexp7: | +0.01% | |
| Price / MAexp20: | +0.04% | |
| Price / MAexp50: | +0.04% | |
| Price / MAexp100: | -0.01% |
This member declared not having a position on this financial instrument or a related financial instrument.
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