CHF/PLN - 1H - Technical analysis published on 12/26/2019 (GMT)
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- Timeframe : 1H
- - Analysis generated on
- Status : LEVEL MAINTAINED
Analysis too old. There are no more charts available.
Summary of the analysis
Trends
Court terme:
Bullish
De fond:
Slightly bullish
Technical indicators
44%
17%
39%
My opinion
Bullish above 3.9080 PLN
My targets
3.9271 PLN (+0.0066)
3.9396 PLN (+0.0191)
My analysis
The basic trend is currently slightly bullish on CHF/PLN and the short term does not seem to show any sign of improvement. Buyers are struggling to get their hands on this instrument. However, as long as the price remains above 3.9080 PLN, purchases could be favourable. The first bullish objective would be the resistance located at 3.9271 PLN. Then the price could move towards 3.9396 PLN. Then 3.9558 PLN by extension. A return under the support to 3.9080 PLN could jeopardize this fragile bullish trend. Indecision would then be total and in this case you could keep away.
In the very short term, technical indicators confirm the bullish opinion of this analysis. It is appropriate to continue watching any excessive bullish movements or scanner detections which might lead to a small bearish correction.
FORCE
0
10
3
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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 rating is 3.9205 PLN. The price registered an increase of +0.06% on the session with the lowest point at 3.9121 PLN and the highest point at 3.9218 PLN. The deviation from the price is +0.21% for the low point and -0.03% for the high point.3.9121
3.9218
3.9205
A bullish opening was detected by the Central Gaps scanner. Buyers are trying to impose a bullish momentum in the very short term.
Bullish opening
Type : Bullish
Timeframe : Openning
So that you have an overall view of the price change, here is a table showing the variations over several periods:
Technical
Technical analysis of this 1H chart of CHF/PLN indicates that the overall trend is slightly bullish. Only 60.71% of the signals given by moving averages are bullish. This slightly bullish trend is not supported by the signals currently being given by short-term moving averages. The Central Indicators scanner detects bearish signals on moving averages that could impact this trend:
Bearish price crossover with Moving Average 20
Type : Bearish
Timeframe : 1 hour
Bearish price crossover with Moving Average 100
Type : Bearish
Timeframe : 1 hour
In fact, only 8 technical indicators out of 18 studied are currently positioned bullish. Caution: the Central Indicators scanner currently detects an excess:
Williams %R indicator is overbought : over -20
Type : Neutral
Timeframe : 1 hour
Parabolic SAR indicator bullish reversal
Type : Bullish
Timeframe : 1 hour
Price is back over the pivot point
Type : Bullish
Timeframe : Weekly
The Central Patterns scanner, which studies chart patterns, resistances and supports, has identified this signal:
Resistance of triangle is broken
Type : Bullish
Timeframe : 1 hour
The Central Candlesticks scanner which studies Japanese candlesticks did not detect anything.
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 3.8908 | 3.9080 | 3.9202 | 3.9205 | 3.9271 | 3.9396 | 3.9558 |
| Change (%) | -0.76% | -0.32% | -0.01% | - | +0.17% | +0.49% | +0.90% |
| Change | -0.0297 | -0.0125 | -0.0003 | - | +0.0066 | +0.0191 | +0.0353 |
| Level | Minor | Intermediate | Major | - | Minor | 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 | 3.8614 | 3.8878 | 3.9030 | 3.9294 | 3.9446 | 3.9710 | 3.9862 |
| Camarilla | 3.9068 | 3.9106 | 3.9144 | 3.9182 | 3.9220 | 3.9258 | 3.9296 |
| Woodie | 3.8558 | 3.8850 | 3.8974 | 3.9266 | 3.9390 | 3.9682 | 3.9806 |
| Fibonacci | 3.8878 | 3.9037 | 3.9135 | 3.9294 | 3.9453 | 3.9551 | 3.9710 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 3.8515 | 3.8674 | 3.8886 | 3.9045 | 3.9257 | 3.9416 | 3.9628 |
| Camarilla | 3.8995 | 3.9029 | 3.9063 | 3.9097 | 3.9131 | 3.9165 | 3.9199 |
| Woodie | 3.8541 | 3.8687 | 3.8912 | 3.9058 | 3.9283 | 3.9429 | 3.9654 |
| Fibonacci | 3.8674 | 3.8816 | 3.8904 | 3.9045 | 3.9187 | 3.9275 | 3.9416 |
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 is the status of technical indicators and moving averages registered at the time this technical analysis was created:
Technical indicators
Moving averages
| RSI (14): | 48.91 | |
| MACD (12,26,9): | -0.0013 | |
| Directional Movement: | 1.6927 | |
| AROON (14): | -42.8572 | |
| DEMA (21): | 3.9161 | |
| Parabolic SAR (0,02-0,02-0,2): | 3.9122 | |
| Elder Ray (13): | 0.0004 | |
| Super Trend (3,10): | 3.9250 | |
| Zig ZAG (10): | 3.9178 | |
| VORTEX (21): | 0.9357 | |
| Stochastique (14,3,5): | 58.68 | |
| TEMA (21): | 3.9154 | |
| Williams %R (14): | -40.63 | |
| Chande Momentum Oscillator (20): | -0.0026 | |
| Repulse (5,40,3): | 0.0400 | |
| ROCnROLL: | -1 | |
| TRIX (15,9): | -0.0056 | |
| Courbe Coppock: | 0.16 |
| MA7: | 3.9199 | |
| MA20: | 3.9114 | |
| MA50: | 3.9020 | |
| MA100: | 3.9434 | |
| MAexp7: | 3.9168 | |
| MAexp20: | 3.9179 | |
| MAexp50: | 3.9191 | |
| MAexp100: | 3.9177 | |
| Price / MA7: | +0.02% | |
| Price / MA20: | +0.23% | |
| Price / MA50: | +0.47% | |
| Price / MA100: | -0.58% | |
| Price / MAexp7: | +0.03% | |
| Price / MAexp20: | +0.00% | |
| Price / MAexp50: | -0.03% | |
| Price / MAexp100: | +0.00% |
This member declared not having a position on this financial instrument or a related financial instrument.
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