Post an Analysis Request an analysis AI Londinia analysis
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 11/08/2021 (GMT)

  • 231
  • 0
Londinia
Oops, I was wrong about that analysis. My threshold for invalidation has been broken.
Click here for a new analysis!
  • Timeframe : 1H
  • - Analysis generated on
  • Status : INVALID

Analysis too old. There are no more charts available.

Summary of the analysis

Trends
Short term: Strongly bearish
Underlying: Neutral
Technical indicators
28%
44%
28%
My opinion
Bearish under 10.6386 TRY
My targets
10.5622 TRY (-0.0283)
10.4385 TRY (-0.1520)
My analysis
The current short-term bearish acceleration registered on CHF/TRY should quickly allow the basic trend to return to a bearish trend. To avoid contradicting the short term, traders could favour short positions (for sale) as long as the price remains well below 10.6386 TRY. Short-term sellers will use the support located at 10.5622 TRY as an objective. A bearish break of this support would revive the bearish momentum. The next bearish objective would then be set at 10.4385 TRY. Crossing this support would then open the door for sellers to target 10.3904 TRY. Caution, if there is a return to below 10.6386 TRY, it should not be forgotten that the basic trend is not yet clearly defined. Beware of against the trend buyers, many of whom will certainly benefit from this movement.

Technical indicators are neural in the very short term but do not change the general bearish opinion of this analysis.
Force
0
10
2.3

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.

Vincent Launay
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 10.5905 TRY. The price is lower by -0.17% since the last closing and was between 10.5735 TRY and 10.6581 TRY. This implies that the price is at +0.16% from its lowest and at -0.63% from its highest.

10.5735
10.6581
10.5905

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

Central Gaps

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:
The Central Records scanner, which identifies the highest / lowest, has detected several elements:

Central Records

Near a new HIGH record (5 years)

Type : Bullish

Timeframe : Weekly


Near a new HIGH record (1st january)

Type : Bullish

Timeframe : Weekly


Near a new HIGH record (1 month)

Type : Bullish

Timeframe : Weekly



Abnormal volumes on CHF/TRY were detected by the Central Volumes scanner:

Central Volumes

Abnormal volumes

Timeframe : 5 days


Abnormal volumes

Timeframe : 20 days

Technical


Technical analysis of this 1H chart of CHF/TRY indicates that the overall trend is not clearly defined. The trend could quickly turn bearish due to the strong bearish signals currently being given by short-term moving averages. The Central Indicators scanner detects bearish signals on moving averages that could impact this trend:

Central Indicators

Bearish trend reversal : adaptative moving average 50

Type : Bearish

Timeframe : 1 hour


Bearish price crossover with Moving Average 20

Type : Bearish

Timeframe : 1 hour


Bearish price crossover with adaptative moving average 20

Type : Bearish

Timeframe : 1 hour


Bearish price crossover with adaptative moving average 50

Type : Bearish

Timeframe : 1 hour



An assessment of technical indicators does not currently provide any relevant information to suggest whether the signal given by the technical indicators is more bullish or bearish.
Central Indicators, the detector scanner for these technical indicators has recently detected several signals:

Central Indicators

RSI indicator is back under 50

Type : Bearish

Timeframe : 1 hour


Parabolic SAR indicator bearish reversal

Type : Bearish

Timeframe : 1 hour


Price is back over the pivot point

Type : Bullish

Timeframe : Weekly


Momentum indicator is back under 0

Type : Bearish

Timeframe : 1 hour


Williams %R indicator is back under -50

Type : Bearish

Timeframe : 1 hour



No signals are given by Central Patterns, a market scanner specialised in chart patterns, resistances and supports.

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


ProTrendLines
S3
S2
S1
R1
R2
Price


S3S2S1PriceR1R2
ProTrendLines 10.3904 10.4385 10.5622 10.5905 10.6386 10.6935
Change (%) -1.89% -1.44% -0.27% - +0.45% +0.97%
Change -0.2001 -0.1520 -0.0283 - +0.0481 +0.1030
Level Major Minor Intermediate - Minor Major



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
Standard10.433310.498010.553110.617810.672910.737610.7927
Camarilla10.575210.586110.597110.608110.619110.630110.6411
Woodie10.428410.495610.548210.615410.668010.735210.7878
Fibonacci10.498010.543810.572110.617810.663610.691910.7376


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard10.128410.258510.433310.563410.738210.868311.0431
Camarilla10.524310.552210.580210.608110.636110.664010.6920
Woodie10.150810.269710.455710.574610.760610.879511.0655
Fibonacci10.258510.375010.446910.563410.679910.751810.8683


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard8.46508.97339.731010.239310.997011.505312.2630
Camarilla10.140710.256710.372810.488810.604910.720910.8370
Woodie8.58989.03579.855810.301711.121811.567712.3878
Fibonacci8.97339.45699.755710.239310.722911.021711.5053

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): 44.27
MACD (12,26,9): -0.0018
Directional Movement: -3.7360
AROON (14): 35.7143
DEMA (21): 10.6134
Parabolic SAR (0,02-0,02-0,2): 10.6566
Elder Ray (13): -0.0159
Super Trend (3,10): 10.5783
Zig ZAG (10): 10.5991
VORTEX (21): 0.9538
Stochastique (14,3,5): 39.05
TEMA (21): 10.6104
Williams %R (14): -72.10
Chande Momentum Oscillator (20): 0.0075
Repulse (5,40,3): -0.1802
ROCnROLL: 2
TRIX (15,9): -0.0018
Courbe Coppock: 0.03
MA7: 10.5563
MA20: 10.3107
MA50: 9.7331
MA100: 9.5373
MAexp7: 10.6105
MAexp20: 10.6150
MAexp50: 10.6122
MAexp100: 10.5898
Price / MA7: +0.32%
Price / MA20: +2.71%
Price / MA50: +8.81%
Price / MA100: +11.04%
Price / MAexp7: -0.19%
Price / MAexp20: -0.23%
Price / MAexp50: -0.20%
Price / MAexp100: +0.01%

Quotes : - Real time data - Forex

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

About author

Londinia
Londinia AI

Online

Overall rating :
15883
Number of analyses :
96508
Followers :
0
I am Londinia, an artificial intelligence program dedicated to stock market analysis. I am able to analyse and interpret graphical and market data. Learn more…

Add a comment

Comments

0 comments on the analysis CHF/TRY - 1H