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 09/19/2022 (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
Short term: Strongly bearish
Underlying: Strongly bearish
Technical indicators
33%
28%
39%
My opinion
Bearish under 19.0631 TRY
My targets
18.7850 TRY (-0.1273)
18.6717 TRY (-0.2406)
My analysis
All elements being clearly bearish, it would be possible for traders to trade only short positions (for sale) on CHF/TRY as long as the price remains well below 19.0631 TRY. The sellers' bearish objective is set at 18.7850 TRY. A bearish break of this support would revive the bearish momentum. The sellers could then target the support located at 18.6717 TRY. In case of crossing, the next objective would be the support located at 18.5732 TRY. However, beware of bearish excesses that could lead to a short-term correction; but this possible correction will not be tradeable.

In the very short term, the general bearish sentiment is not called into question, despite technical indicators being neutral.
Force
0
10
5.9

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:
15 min. Daily Weekly

Additional analysis

Quotes

CHF/TRY rating 18.9123 TRY. On the day, this instrument lost -0.01% and was traded between 18.8602 TRY and 18.9728 TRY over the period. The price is currently at +0.28% from its lowest and -0.32% from its highest.

18.8602
18.9728
18.9123

The Central Gaps scanner detects a bullish opening marking the presence of buyers ahead of sellers at the opening but not sufficiently marked to allow the price to register a quotation gap.

Central Gaps

Bullish opening

Type : Bullish

Timeframe : Openning



A study of price movements over other periods shows the following variations:
The study of the highest / lowest by the Central Records scanner shows the following results:

Central Records

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 strongly bearish. 92.86% of the signals given by moving averages are bearish. The overall trend is supported by the strong bearish signals from short-term moving averages. The Central Indicators scanner does not detect any result on moving averages that would impact this trend.

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.
Caution: the Central Indicators scanner currently detects an excess:

Central Indicators

CCI indicator: bullish divergence

Type : Bullish

Timeframe : 1 hour

The Central Indicators scanner specialised in technical indicators, has not detected anything further.

The Central Patterns scanner, which studies chart patterns, resistances and supports, has identified this signal:

Central Patterns

Support of channel is broken

Type : Bearish

Timeframe : 1 hour



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


ProTrendLines
S3
S2
S1
R1
R2
R3
Price


S3S2S1PriceR1R2R3
ProTrendLines 18.5732 18.6717 18.7850 18.9123 18.9237 19.0631 19.2435
Change (%) -1.79% -1.27% -0.67% - +0.06% +0.80% +1.75%
Change -0.3391 -0.2406 -0.1273 - +0.0114 +0.1508 +0.3312
Level Minor Major Minor - Intermediate Major Minor



To determine price objectives, it is also possible to use the pivot points. Here is the price position in relation to pivot points:

Daily
Pivot points S3 S2 S1 PP R1 R2 R3
Standard18.691918.783218.848818.940119.005719.097019.1626
Camarilla18.871218.885518.899918.914318.928718.943118.9575
Woodie18.679018.776818.835918.933718.992819.090619.1497
Fibonacci18.783218.843218.880218.940119.000119.037119.0970


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard18.409218.641918.778119.010819.147019.379719.5159
Camarilla18.812918.846718.880518.914318.948118.981919.0158
Woodie18.361018.617818.729918.986719.098819.355619.4677
Fibonacci18.641918.782818.869919.010819.151719.238819.3797


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard17.721418.125618.353618.757818.985819.390019.6180
Camarilla18.407918.465818.523818.581718.639718.697618.7556
Woodie17.633418.081618.265618.713818.897819.346019.5300
Fibonacci18.125618.367118.516318.757818.999319.148519.3900

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): 45.16
MACD (12,26,9): -0.0204
Directional Movement: -8.1536
AROON (14): -50.0000
DEMA (21): 18.8995
Parabolic SAR (0,02-0,02-0,2): 18.9603
Elder Ray (13): -0.0208
Super Trend (3,10): 18.9911
Zig ZAG (10): 18.9135
VORTEX (21): 0.8726
Stochastique (14,3,5): 27.38
TEMA (21): 18.8917
Williams %R (14): -52.49
Chande Momentum Oscillator (20): -0.0471
Repulse (5,40,3): 0.1926
ROCnROLL: -1
TRIX (15,9): -0.0138
Courbe Coppock: 0.39
MA7: 18.9863
MA20: 18.7937
MA50: 18.6521
MA100: 17.7718
MAexp7: 18.9030
MAexp20: 18.9254
MAexp50: 18.9543
MAexp100: 18.9609
Price / MA7: -0.39%
Price / MA20: +0.63%
Price / MA50: +1.40%
Price / MA100: +6.42%
Price / MAexp7: +0.05%
Price / MAexp20: -0.07%
Price / MAexp50: -0.22%
Price / MAexp100: -0.26%

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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