CHF/ZAR
CHF ZAR
- ZAR (-)
- Real time data - Forex
Open: -
Change: -
Volume: -
Low: -
High: -
High / Low range: -
Type: Forex
Ticker: CHFZAR
ISIN:

CHF/ZAR - 1H - Technical analysis published on 12/11/2019 (GMT)

  • Who voted?
  • 120
  • 0
I am pleased to note that the threshold for invalidation has been maintained for 20 Candlesticks.
Click here for a new analysis!
  • Timeframe : 1H
  • - Analysis generated on
  • Status : LEVEL MAINTAINED

Analysis too old. There are no more charts available.

Summary of the analysis

Trends
Court terme: Neutral
De fond: Bullish
Technical indicators
22%
33%
44%
My opinion
Bullish above 14.8999 ZAR
My targets
15.0825 ZAR (+0.1080)
15.1620 ZAR (+0.1875)
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 14.8999 ZAR remains possible. It is advisable to trade CHF/ZAR with the greatest caution, while favouring long positions (at the time of purchase) as long as the price remains well above 14.8999 ZAR. The next bullish objective for buyers is set at 15.0825 ZAR. A bullish break in this resistance would boost the bullish momentum. The buyers could then target the resistance located at 15.1620 ZAR. If there is any crossing, the next objective would be the resistance located at 15.4463 ZAR. PS: if there is a bearish break in the support located at 14.8999 ZAR 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.

Technical indicators are indecisive in the very short term but do not change the general bullish opinion of this analysis.
FORCE
0
10
2.1

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 Vincent Launay. Take part yourself by sharing additional analysis on another time unit:
15 min. Daily Weekly

Additional analysis

Quotes

CHF/ZAR rating 14.9745 ZAR. The price is lower by -0.30% since the last closing with the lowest point at 14.9596 ZAR and the highest point at 15.0514 ZAR. The deviation from the price is +0.10% for the low point and -0.51% for the high point.

14.9596
15.0514
14.9745

The Central Gaps scanner detects a bullish opening. A small advantage for buyers in the very short term.

Central Gaps

Bullish opening

Type : Bullish

Timeframe : Openning



Here is a more detailed summary of the historical variations registered by CHF/ZAR:

Technical


Technical analysis of CHF/ZAR in 1H shows an overall bullish trend. 71.43% of the signals given by moving averages are bullish. Caution: the neutral signals currently given by short-term moving averages show us that the global trend is losing momentum. An assessment of moving averages reveals several bearish signals that could impact this trend:

Central Indicators

Bearish trend reversal : adaptative moving average 20

Type : Bearish

Timeframe : 1 hour


Bearish price crossover with Moving Average 20

Type : Bearish

Timeframe : 1 hour



The technical indicators are generally neutral. They do not provide relevant information on the direction of future price movements.
Caution: the Central Indicators scanner currently detects an excess:

Central Indicators

CCI indicator is oversold : under -100

Type : Neutral

Timeframe : 1 hour


Williams %R indicator is oversold : under -80

Type : Neutral

Timeframe : 1 hour

Central Indicators, the scanner specialised in technical indicators, has identified this signal:

Central Indicators

Pivot points : price is over resistance 1

Type : Neutral

Timeframe : Weekly



The Central Patterns scanner, which studies chart patterns, resistances and supports, has identified these signals:

Central Patterns

Horizontal resistance is broken

Type : Bullish

Timeframe : 1 hour


Support of triangle is broken

Type : Bearish

Timeframe : 1 hour



For a small setback in the very short term, the Central Candlesticks scanner currently notes the presence of this bearish pattern in Japanese candlesticks:

Central Candlesticks

Bearish engulfing lines

Type : Bearish

Timeframe : 1 hour




ProTrendLines
S3
S2
S1
R1
R2
R3
Price


S3S2S1PriceR1R2R3
ProTrendLines 14.7128 14.8219 14.8999 14.9745 15.0825 15.1620 15.4463
Change (%) -1.75% -1.02% -0.50% - +0.72% +1.25% +3.15%
Change -0.2617 -0.1526 -0.0746 - +0.1080 +0.1875 +0.4718
Level Intermediate Major Minor - Intermediate Intermediate 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
Standard14.589014.700314.859914.971215.130815.242115.4017
Camarilla14.945014.969814.994715.019515.044315.069215.0940
Woodie14.613214.712414.884114.983315.155015.254215.4259
Fibonacci14.700314.803814.867714.971215.074715.138615.2421


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard14.335114.476914.616414.758214.897715.039515.1790
Camarilla14.678614.704414.730214.756014.781814.807614.8334
Woodie14.334114.476314.615414.757614.896715.038915.1780
Fibonacci14.476914.584314.650714.758214.865614.932015.0395


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard13.656614.137314.394314.875015.132015.612715.8697
Camarilla14.448514.516214.583814.651414.719014.786714.8543
Woodie13.544914.081414.282614.819115.020315.556815.7580
Fibonacci14.137314.419114.593214.875015.156815.330915.6127

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): 47.36
MACD (12,26,9): 0.0241
Directional Movement: -4.0127
AROON (14): -7.1429
DEMA (21): 15.0409
Parabolic SAR (0,02-0,02-0,2): 15.0704
Elder Ray (13): -0.0317
Super Trend (3,10): 14.9691
Zig ZAG (10): 14.9716
VORTEX (21): 1.0137
Stochastique (14,3,5): 21.83
TEMA (21): 15.0275
Williams %R (14): -79.96
Chande Momentum Oscillator (20): -0.0480
Repulse (5,40,3): -0.4300
ROCnROLL: -1
TRIX (15,9): 0.0402
Courbe Coppock: 0.12
MA7: 14.8634
MA20: 14.8361
MA50: 14.9268
MA100: 15.0509
MAexp7: 15.0150
MAexp20: 15.0008
MAexp50: 14.9406
MAexp100: 14.8835
Price / MA7: +0.75%
Price / MA20: +0.93%
Price / MA50: +0.32%
Price / MA100: -0.51%
Price / MAexp7: -0.27%
Price / MAexp20: -0.18%
Price / MAexp50: +0.23%
Price / MAexp100: +0.61%

This member declared not having a position on this financial instrument or a related financial instrument.

About author

Online

Overall rating :
15090
Number of analyses :
Followers :
0
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…

Add a comment

no pic

Comments

0 comments on the analysis CHF/ZAR - 1H