CHF/TRY - 1H - Technical analysis published on 05/26/2025 (GMT)
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- 0
I am pleased to note that the threshold for invalidation has been maintained for 20 Candlesticks.
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- Timeframe : 1H
- - Analysis generated on
- Status : LEVEL MAINTAINED
Summary of the analysis
Trends
Short term:
Neutral
Underlying:
Bullish
Technical indicators
17%
50%
33%
My opinion
Bullish above 47.0055 TRY
My targets
47.8672 TRY (+0.4924)
48.3555 TRY (+0.9807)
My analysis
Has the basic bullish trend slowed or is it lacking in power? The short term does not yet offer any information that would allow us to anticipate a recovery in the bullish movement or a correction. Sellers' generally have the upper hand, even if a small correction (not tradeable) on the support located at 47.0055 TRY remains possible. It is advisable to trade CHF/TRY with the greatest caution, while favouring long positions (at the time of purchase) as long as the price remains well above 47.0055 TRY. The next bullish objective for buyers is set at 47.8672 TRY. A bullish break in this resistance would boost the bullish momentum. The buyers could then target the resistance located at 48.3555 TRY. If there is any crossing, the next objective would be the resistance located at 49.1431 TRY. PS: if there is a bearish break in the support located at 47.0055 TRY we suggest that you produce a new automated technical analysis. In fact, conditions should have changed. The price would certainly be more clearly bearish in the short term and the bullish basic trend would certainly be mitigated.
In the very short term, the general bullish opinion of this analysis is in opposition with technical indicators. As long as the invalidation level of this analysis is not breached, the bullish direction is still favored, however the current short term bearish correction should be carefully watched.
Force
0
10
1.4
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Additional analysis
Quotes
CHF/TRY rating 47.3748 TRY. On the day, this instrument lost -0.01% and was traded between 47.3412 TRY and 47.6202 TRY over the period. The price is currently at +0.07% from its lowest and -0.52% from its highest.47.3412
47.6202
47.3748
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/TRY indicates that the overall trend is bullish. The signals given by moving averages are 71.43% bullish. This bullish trend could slow down given the neutral signals currently being given by short-term moving averages. An assessment of moving averages reveals a bearish signal that could impact this trend:
Bearish trend reversal : Moving Average 20
Type : Bearish
Timeframe : 1 hour
In fact, only 9 technical indicators out of 18 studied are currently bearish. But beware of excesses. The Central Indicators scanner currently detects this:
CCI indicator is oversold : under -100
Type : Neutral
Timeframe : 1 hour
Williams %R indicator is oversold : under -80
Type : Neutral
Timeframe : 1 hour
Central Patterns, the market scanner focusing on chart patterns, resistances and supports found these results:
Near horizontal support
Type : Bullish
Timeframe : 1 hour
Support of channel is broken
Type : Bearish
Timeframe : 1 hour
The presence of a bullish Japanese candlestick pattern detected by Central Candlesticks that could cause a very short term rebound was also detected:
Bullish harami
Type : Bullish
Timeframe : 1 hour
ProTrendLines
S3
S2
S1
Price
| S3 | S2 | S1 | Price | |
|---|---|---|---|---|
| ProTrendLines | 46.8691 | 47.0055 | 47.3571 | 47.3748 |
| Change (%) | -1.07% | -0.78% | -0.04% | - |
| Change | -0.5057 | -0.3693 | -0.0177 | - |
| Level | Minor | 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 |
|---|---|---|---|---|---|---|---|
| Standard | 46.6504 | 46.8717 | 47.1253 | 47.3466 | 47.6002 | 47.8215 | 48.0751 |
| Camarilla | 47.2483 | 47.2918 | 47.3354 | 47.3789 | 47.4224 | 47.4660 | 47.5095 |
| Woodie | 46.6666 | 46.8798 | 47.1415 | 47.3547 | 47.6164 | 47.8296 | 48.0913 |
| Fibonacci | 46.8717 | 47.0531 | 47.1652 | 47.3466 | 47.5280 | 47.6401 | 47.8215 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 45.3154 | 45.8037 | 46.5913 | 47.0796 | 47.8672 | 48.3555 | 49.1431 |
| Camarilla | 47.0280 | 47.1450 | 47.2619 | 47.3789 | 47.4959 | 47.6128 | 47.7298 |
| Woodie | 45.4651 | 45.8785 | 46.7410 | 47.1544 | 48.0169 | 48.4303 | 49.2928 |
| Fibonacci | 45.8037 | 46.2911 | 46.5922 | 47.0796 | 47.5670 | 47.8681 | 48.3555 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 39.0638 | 40.9236 | 43.7884 | 45.6482 | 48.5130 | 50.3728 | 53.2376 |
| Camarilla | 45.3539 | 45.7870 | 46.2201 | 46.6532 | 47.0863 | 47.5194 | 47.9525 |
| Woodie | 39.5663 | 41.1749 | 44.2909 | 45.8995 | 49.0155 | 50.6241 | 53.7401 |
| Fibonacci | 40.9236 | 42.7284 | 43.8434 | 45.6482 | 47.4530 | 48.5680 | 50.3728 |
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): | 45.51 | |
| MACD (12,26,9): | 0.0324 | |
| Directional Movement: | -7.0476 | |
| AROON (14): | -64.2857 | |
| DEMA (21): | 47.5184 | |
| Parabolic SAR (0,02-0,02-0,2): | 47.5932 | |
| Elder Ray (13): | -0.0927 | |
| Super Trend (3,10): | 47.3422 | |
| Zig ZAG (10): | 47.3806 | |
| VORTEX (21): | 0.9006 | |
| Stochastique (14,3,5): | 17.47 | |
| TEMA (21): | 47.4756 | |
| Williams %R (14): | -83.80 | |
| Chande Momentum Oscillator (20): | -0.0361 | |
| Repulse (5,40,3): | -0.1264 | |
| ROCnROLL: | -1 | |
| TRIX (15,9): | 0.0206 | |
| Courbe Coppock: | 0.08 |
| MA7: | 46.9823 | |
| MA20: | 46.7054 | |
| MA50: | 45.5425 | |
| MA100: | 42.7660 | |
| MAexp7: | 47.4491 | |
| MAexp20: | 47.4570 | |
| MAexp50: | 47.3328 | |
| MAexp100: | 47.1378 | |
| Price / MA7: | +0.84% | |
| Price / MA20: | +1.43% | |
| Price / MA50: | +4.02% | |
| Price / MA100: | +10.78% | |
| Price / MAexp7: | -0.16% | |
| Price / MAexp20: | -0.17% | |
| Price / MAexp50: | +0.09% | |
| Price / MAexp100: | +0.50% |
Quotes :
-
Real time data
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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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