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

CHF/TRY - 1H - Technical analysis published on 04/19/2021 (GMT)

  • 276
  • 0
  • Timeframe : 1H
  • - Analysis generated on
  • Status : NEUTRAL

Analysis too old. There are no more charts available.

Summary of the analysis

Trends
Short term: Neutral
Underlying: Slightly bullish
Technical indicators
22%
28%
50%
My opinion
Neutral between 8.7470 TRY and 8.7837 TRY
My targets
-
My analysis
A slightly bullish trend and a neutral short term. With such a pattern, it is difficult to favour buying or selling. The first resistance is located at 8.7837 TRY. The first support is located at 8.7470 TRY. A very slight advantage is given by the slightly bullish basic trend so that the resistance is reached first, but should we take this into account? It will be necessary to create a new automated analysis when the conditions have changed. This may be the case, for example, when the first resistance has been broken above or the first support has been broken below.

In the very short term, the neutral opinion of this analysis is confirmed by technical indicators which are also neutral.

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:
15 min. Daily Weekly

Additional analysis

Quotes

The CHF/TRY rating is 8.7561 TRY. The price is lower by -0.21% since the last closing and was traded between 8.7517 TRY and 8.7988 TRY over the period. The price is currently at +0.05% from its lowest and -0.49% from its highest.

8.7517
8.7988
8.7561

The Central Gaps scanner detects a bearish opening. A small advantage for sellers in the very short term.

Central Gaps

Bearish opening

Type : Bearish

Timeframe : Openning



Here is a more detailed summary of the historical variations registered by CHF/TRY:
The Central Records scanner, which identifies the highest / lowest, has detected several elements:

Central Records

Near a new HIGH record (1st january)

Type : Bullish

Timeframe : Weekly


Near a new HIGH record (1 month)

Type : Bullish

Timeframe : Weekly



Technical


Technical analysis of CHF/TRY in 1H shows an overall slightly bullish trend. Only 50.00% of the signals given by moving averages are bullish. This slightly bullish trend could return to neutral given the neutral signals also given by short-term moving averages. The Central Indicators market scanner is currently detecting several bearish and bullish signals that could impact this trend:

Central Indicators

Bullish trend reversal : Moving Average 20

Type : Bullish

Timeframe : 1 hour


Bearish price crossover with Moving Average 20

Type : Bearish

Timeframe : 1 hour


Bearish price crossover with adaptative moving average 100

Type : Bearish

Timeframe : 1 hour



In fact, Central Analyzer took into account 18 technical indicators and the result was as follows: 4 are bullish, 9 are neutral and 5 are bearish. Caution: the Central Indicators scanner currently detects an excess:

Central Indicators

CCI indicator: bearish divergence

Type : Bearish

Timeframe : 1 hour


CCI indicator: bullish divergence

Type : Bullish

Timeframe : 1 hour


MACD indicator: bullish divergence

Type : Bullish

Timeframe : 1 hour


RSI indicator: bearish divergence

Type : Bearish

Timeframe : 1 hour


RSI indicator: bullish divergence

Type : Bullish

Timeframe : 1 hour

Central Indicators, the scanner specialised in technical indicators, has identified these signals:

Central Indicators

Pivot points : price is over resistance 3

Type : Neutral

Timeframe : 1 hour


Pivot points : price is over resistance 3

Type : Neutral

Timeframe : Weekly


Pivot points : price is under support 3

Type : Neutral

Timeframe : 1 hour


Pivot points : price is under support 3

Type : Neutral

Timeframe : Weekly


MACD crosses DOWN its Moving Average

Type : Bearish

Timeframe : 1 hour


Williams %R indicator is back under -50

Type : Bearish

Timeframe : 1 hour



Central Patterns, the scanner specializing in chart patterns, did not identify any signals.

The Central Candlesticks scanner which studies Japanese candlesticks did not detect anything.


ProTrendLines
S3
S2
S1
R1
R2
R3
Price


S3S2S1PriceR1R2R3
ProTrendLines 8.6996 8.7191 8.7470 8.7561 8.7837 8.8567 8.8865
Change (%) -0.65% -0.42% -0.10% - +0.32% +1.15% +1.49%
Change -0.0565 -0.0370 -0.0091 - +0.0276 +0.1006 +0.1304
Level Minor Minor Intermediate - Intermediate Minor 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
Standard8.61698.65828.71638.75768.81578.85708.9151
Camarilla8.74708.75618.76528.77438.78348.79258.8016
Woodie8.62528.66248.72468.76188.82408.86128.9234
Fibonacci8.65828.69628.71978.75768.79568.81918.8570


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard8.45608.56468.66948.77808.88288.99149.0962
Camarilla8.71568.73528.75478.77438.79398.81348.8330
Woodie8.45428.56378.66768.77718.88108.99059.0944
Fibonacci8.56468.64618.69658.77808.85958.90998.9914


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard6.56677.15237.95178.53739.33679.922310.7217
Camarilla8.37018.49718.62408.75108.87809.00499.1319
Woodie6.67357.20588.05858.59089.44359.975810.8285
Fibonacci7.15237.68148.00838.53739.06649.39339.9223

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): 53.17
MACD (12,26,9): 0.0083
Directional Movement: 4.9920
AROON (14): 42.8571
DEMA (21): 8.7863
Parabolic SAR (0,02-0,02-0,2): 8.7079
Elder Ray (13): -0.0014
Super Trend (3,10): 8.7380
Zig ZAG (10): 8.7719
VORTEX (21): 1.0435
Stochastique (14,3,5): 54.09
TEMA (21): 8.7876
Williams %R (14): -62.72
Chande Momentum Oscillator (20): -0.0002
Repulse (5,40,3): -0.0188
ROCnROLL: -1
TRIX (15,9): 0.0165
Courbe Coppock: 0.11
MA7: 8.7897
MA20: 8.7126
MA50: 8.2854
MA100: 8.3688
MAexp7: 8.7784
MAexp20: 8.7751
MAexp50: 8.7660
MAexp100: 8.7702
Price / MA7: -0.38%
Price / MA20: +0.50%
Price / MA50: +5.68%
Price / MA100: +4.63%
Price / MAexp7: -0.25%
Price / MAexp20: -0.22%
Price / MAexp50: -0.11%
Price / MAexp100: -0.16%

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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