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 06/04/2025 (GMT)

Londinia

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Timeframe : 1H
- Analysis generated on
Status : TARGET REACHED

Summary of the analysis

Trends

Short term: Strongly bullish

Underlying: Bullish

Technical indicators

94%

My opinion

Bullish above 47.7142 TRY

My targets

47.9444 TRY (+0.1747)

48.0507 TRY (+0.2810)

My analysis

All elements being clearly bullish, it would be possible for traders to trade only long positions (at the time of purchase) on CHF/TRY as long as the price remains well above 47.7142 TRY. The buyers' bullish objective is set at 47.9444 TRY. A bullish break in this resistance would boost the bullish momentum. The buyers could then target the resistance located at 48.0507 TRY.

In the very short term, the general bullish sentiment is confirmed by technical indicators. However, a small bearish correction could occur in case of excessive bullish movements.

Force

Comment on the analysis

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

CHF/TRY rating 47.7697 TRY. The price registered an increase of +0.42% on the session and was traded between 47.4447 TRY and 47.8514 TRY over the period. The price is currently at +0.69% from its lowest and -0.17% from its highest.

47.4447

47.8514

47.7697

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

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:

Near a new HIGH record (5 years)

Type : Bullish

Timeframe : Weekly

Near a new HIGH record (1 year)

Type : Bullish

Timeframe : Weekly

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 bullish. 71.43% of the signals given by moving averages are bullish. This bullish trend is supported by the strong bullish signals given by 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 shows a strong bullish signal.
Caution: the Central Indicators scanner currently detects an excess:

CCI indicator is overbought : over 100

Type : Neutral

Timeframe : 1 hour

Previous candle closed over Bollinger bands

Type : Neutral

Timeframe : 1 hour

Williams %R indicator is overbought : over -20

Type : Neutral

Timeframe : 1 hour

Central Indicators, the detector scanner for these technical indicators has recently detected several signals:

Ichimoku : price is under the cloud

Type : Bearish

Timeframe : 1 hour

MACD indicator is back over 0

Type : Bullish

Timeframe : 1 hour

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

The Central Candlesticks scanner, specialised in Japanese candlesticks, did not identify any signals.

ProTrendLines

Price

	S3	S2	S1	Price	R1	R2
ProTrendLines	47.4650	47.6065	47.7142	47.7697	47.9444	48.0507
Change (%)	-0.64%	-0.34%	-0.12%	-	+0.37%	+0.59%
Change	-0.3047	-0.1632	-0.0555	-	+0.1747	+0.2810
Level	Intermediate	Minor	Intermediate	-	Minor	Intermediate

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	46.7686	47.1079	47.3389	47.6782	47.9092	48.2485	48.4795
Camarilla	47.4131	47.4654	47.5176	47.5699	47.6222	47.6745	47.7267
Woodie	46.7145	47.0808	47.2848	47.6511	47.8551	48.2214	48.4254
Fibonacci	47.1079	47.3258	47.4604	47.6782	47.8961	48.0307	48.2485

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	45.7118	46.2894	46.9663	47.5439	48.2208	48.7984	49.4753
Camarilla	47.2982	47.4132	47.5282	47.6432	47.7582	47.8732	47.9882
Woodie	45.7615	46.3142	47.0160	47.5687	48.2705	48.8232	49.5250
Fibonacci	46.2894	46.7686	47.0647	47.5439	48.0231	48.3192	48.7984

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	43.8500	44.7999	46.2216	47.1715	48.5932	49.5431	50.9648
Camarilla	46.9910	47.2084	47.4258	47.6432	47.8606	48.0780	48.2954
Woodie	44.0858	44.9179	46.4574	47.2895	48.8290	49.6611	51.2006
Fibonacci	44.7999	45.7059	46.2656	47.1715	48.0775	48.6372	49.5431

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):	61.20
MACD (12,26,9):	0.0100
Directional Movement:	18.5975
AROON (14):	64.2857
DEMA (21):	47.5951
Parabolic SAR (0,02-0,02-0,2):	47.4969
Elder Ray (13):	0.1707
Super Trend (3,10):	47.5151
Zig ZAG (10):	47.7549
VORTEX (21):	1.1315
Stochastique (14,3,5):	84.52
TEMA (21):	47.6541
Williams %R (14):	-19.45
Chande Momentum Oscillator (20):	0.2796
Repulse (5,40,3):	0.2121
ROCnROLL:	1
TRIX (15,9):	-0.0105
Courbe Coppock:	0.48

MA7:	47.6077
MA20:	47.0115
MA50:	46.2078
MA100:	43.3835
MAexp7:	47.6615
MAexp20:	47.6049
MAexp50:	47.6384
MAexp100:	47.6127
Price / MA7:	+0.34%
Price / MA20:	+1.61%
Price / MA50:	+3.38%
Price / MA100:	+10.11%
Price / MAexp7:	+0.23%
Price / MAexp20:	+0.35%
Price / MAexp50:	+0.28%
Price / MAexp100:	+0.33%

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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