CHF/TRY - 1H - Technical analysis published on 07/11/2022 (GMT)
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- 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
50%
17%
33%
My opinion
Neutral between 17.6605 TRY and 17.7844 TRY
My targets
-
My analysis
The neutral short-term trend shows a weakening of the basic, slightly bullish trend on CHF/TRY. It is difficult to advise a trading direction under these conditions. The first resistance is located at 17.7844 TRY. The first support is located at 17.6605 TRY. We can stay away while waiting for a more pronounced price movement on this instrument. A new analysis could then be produced that would give clearer signals.
Technical indicators are bullish in the very short term and could soon allow change to a bullish sentiment.
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:
Additional analysis
Quotes
The CHF/TRY price is 17.6947 TRY. On the day, this instrument gained +0.01% with the lowest point at 17.6286 TRY and the highest point at 17.7400 TRY. The deviation from the price is +0.37% for the low point and -0.26% for the high point.17.6286
17.7400
17.6947
A bearish opening was detected by the Central Gaps scanner. Sellers are trying to impose a bearish trend in the very short term.
Bearish opening
Type : Bearish
Timeframe : Openning
Here is a more detailed summary of the historical variations registered by CHF/TRY:
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 this 1H chart of CHF/TRY indicates that the overall trend is slightly bullish. 46.43% of the signals given by moving averages are bullish. As the signals currently given by short-term moving averages are rather neutral, the overall trend could quickly return to neutral as well. The Central Indicators market scanner is currently detecting several bearish signals that could impact this trend:
Bearish price crossover with Moving Average 50
Type : Bearish
Timeframe : 1 hour
Bearish price crossover with Moving Average 100
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
In fact, only 9 technical indicators out of 18 studied are currently positioned bullish. The Central Indicators scanner specialised in technical indicators, has not detected anything further.
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
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 17.3471 | 17.5129 | 17.6605 | 17.6947 | 17.7064 | 17.7844 | 17.8358 |
| Change (%) | -1.96% | -1.03% | -0.19% | - | +0.07% | +0.51% | +0.80% |
| Change | -0.3476 | -0.1818 | -0.0342 | - | +0.0117 | +0.0897 | +0.1411 |
| Level | Intermediate | Intermediate | Intermediate | - | Minor | Intermediate | Intermediate |
Attention could also be paid to pivot points to set price objectives:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 17.4898 | 17.5666 | 17.6302 | 17.7070 | 17.7706 | 17.8474 | 17.9110 |
| Camarilla | 17.6553 | 17.6682 | 17.6810 | 17.6939 | 17.7068 | 17.7196 | 17.7325 |
| Woodie | 17.4833 | 17.5633 | 17.6237 | 17.7037 | 17.7641 | 17.8441 | 17.9045 |
| Fibonacci | 17.5666 | 17.6202 | 17.6533 | 17.7070 | 17.7606 | 17.7937 | 17.8474 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 17.0135 | 17.2064 | 17.4501 | 17.6430 | 17.8867 | 18.0796 | 18.3233 |
| Camarilla | 17.5738 | 17.6139 | 17.6539 | 17.6939 | 17.7339 | 17.7739 | 17.8140 |
| Woodie | 17.0390 | 17.2191 | 17.4756 | 17.6557 | 17.9122 | 18.0923 | 18.3488 |
| Fibonacci | 17.2064 | 17.3732 | 17.4762 | 17.6430 | 17.8098 | 17.9128 | 18.0796 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 14.6556 | 15.5247 | 16.5042 | 17.3733 | 18.3528 | 19.2219 | 20.2014 |
| Camarilla | 16.9753 | 17.1448 | 17.3143 | 17.4837 | 17.6532 | 17.8226 | 17.9921 |
| Woodie | 14.7108 | 15.5523 | 16.5594 | 17.4009 | 18.4080 | 19.2495 | 20.2566 |
| Fibonacci | 15.5247 | 16.2309 | 16.6671 | 17.3733 | 18.0795 | 18.5157 | 19.2219 |
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): | 47.98 | |
| MACD (12,26,9): | -0.0060 | |
| Directional Movement: | 0.2113 | |
| AROON (14): | 7.1429 | |
| DEMA (21): | 17.6780 | |
| Parabolic SAR (0,02-0,02-0,2): | 17.6308 | |
| Elder Ray (13): | 0.0218 | |
| Super Trend (3,10): | 17.7393 | |
| Zig ZAG (10): | 17.6840 | |
| VORTEX (21): | 0.9996 | |
| Stochastique (14,3,5): | 74.18 | |
| TEMA (21): | 17.6803 | |
| Williams %R (14): | -50.09 | |
| Chande Momentum Oscillator (20): | 0.0060 | |
| Repulse (5,40,3): | -0.0252 | |
| ROCnROLL: | 2 | |
| TRIX (15,9): | -0.0106 | |
| Courbe Coppock: | 0.07 |
| MA7: | 17.6174 | |
| MA20: | 17.6448 | |
| MA50: | 16.8929 | |
| MA100: | 16.2300 | |
| MAexp7: | 17.6906 | |
| MAexp20: | 17.6887 | |
| MAexp50: | 17.6962 | |
| MAexp100: | 17.6667 | |
| Price / MA7: | +0.44% | |
| Price / MA20: | +0.28% | |
| Price / MA50: | +4.75% | |
| Price / MA100: | +9.02% | |
| Price / MAexp7: | +0.01% | |
| Price / MAexp20: | +0.02% | |
| Price / MAexp50: | -0.02% | |
| Price / MAexp100: | +0.15% |
Quotes :
-
Real time data
-
Forex
This member declared not having a position on this financial instrument or a related financial instrument.
About author
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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…
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