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 06/04/2025 (GMT)

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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%
0%
6%
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
0
10
7

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 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.

Central Gaps

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:

Central Records

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:

Central Indicators

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:

Central Indicators

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
S3
S2
S1
R1
R2
Price


S3S2S1PriceR1R2
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
Standard46.768647.107947.338947.678247.909248.248548.4795
Camarilla47.413147.465447.517647.569947.622247.674547.7267
Woodie46.714547.080847.284847.651147.855148.221448.4254
Fibonacci47.107947.325847.460447.678247.896148.030748.2485


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard45.711846.289446.966347.543948.220848.798449.4753
Camarilla47.298247.413247.528247.643247.758247.873247.9882
Woodie45.761546.314247.016047.568748.270548.823249.5250
Fibonacci46.289446.768647.064747.543948.023148.319248.7984


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard43.850044.799946.221647.171548.593249.543150.9648
Camarilla46.991047.208447.425847.643247.860648.078048.2954
Woodie44.085844.917946.457447.289548.829049.661151.2006
Fibonacci44.799945.705946.265647.171548.077548.637249.5431

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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