EUR/PLN - 1H - Technical analysis published on 07/02/2020 (GMT)
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- Timeframe : 1H
- - Analysis generated on
- Status : TARGET REACHED
Analysis too old. There are no more charts available.
Summary of the analysis
Trends
Court terme:
Neutral
De fond:
Bullish
Technical indicators
28%
33%
39%
My opinion
Bullish above 4.4548 PLN
My targets
4.4710 PLN (+0.0054)
4.4805 PLN (+0.0149)
My analysis
We are currently in a phase of short-term indecision. In a case like this, you could favour trades in the direction of the basic trend on EUR/PLN. As long as you are above the support located at 4.4548 PLN, traders with an aggressive trading strategy could consider a purchase. A cross of the resistance located at 4.4710 PLN would be a signal that the basic trade will reverse and the short-term trend could then quickly become bullish. Buyers would then use the next resistance located at 4.4805 PLN as an objective. Crossing it would then enable buyers to target 4.4979 PLN. If the support 4.4548 PLN were to be broken, this would simply be a sign of a possible continuation of short-term consolidation and trading against the trend would then perhaps be more risky.
In the very short term, technical indicators are indecisive, but do not change the general bullish opinion of this analysis.
Force
0
10
3.4
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This analysis was given by Maciej Mazur. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
The EUR/PLN price is 4.4656 PLN. The price registered a decrease of -0.22% on the session and was traded between 4.4641 PLN and 4.4772 PLN over the period. The price is currently at +0.03% from its lowest and -0.26% from its highest.4.4641
4.4772
4.4656
The Central Gaps scanner detects a bullish opening. A small advantage for buyers 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:
Near a new HIGH record (5 years)
Type : Bullish
Timeframe : Weekly
Near a new HIGH record (1st january)
Type : Bullish
Timeframe : Weekly
The Central Volumes scanner detects abnormal volumes on the asset:
Abnormal volumes
Timeframe : 5 days
Abnormal volumes
Timeframe : 20 days
Technical
Technical analysis of EUR/PLN in 1H shows an overall bullish trend. 75.00% 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. The Central Indicators market scanner currently does not detect any result that concerns moving averages.
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.
But beware of excesses. The Central Indicators scanner currently detects this:
RSI indicator: bearish divergence
Type : Bearish
Timeframe : 1 hour
Williams %R indicator is overbought : over -20
Type : Neutral
Timeframe : 1 hour
Price is back over the pivot point
Type : Bullish
Timeframe : Weekly
The Central Patterns scanner, which studies chart patterns, resistances and supports, has identified this signal:
Horizontal resistance is broken
Type : Bullish
Timeframe : 1 hour
No result was found by the Central Candlesticks scanner on Japanese candlesticks.
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 4.4370 | 4.4548 | 4.4636 | 4.4656 | 4.4710 | 4.4805 | 4.4979 |
| Change (%) | -0.64% | -0.24% | -0.04% | - | +0.12% | +0.33% | +0.72% |
| Change | -0.0286 | -0.0108 | -0.0020 | - | +0.0054 | +0.0149 | +0.0323 |
| Level | Major | Intermediate | Minor | - | Intermediate | Intermediate | Major |
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 | 4.4003 | 4.4173 | 4.4464 | 4.4634 | 4.4925 | 4.5095 | 4.5386 |
| Camarilla | 4.4627 | 4.4670 | 4.4712 | 4.4754 | 4.4796 | 4.4839 | 4.4881 |
| Woodie | 4.4063 | 4.4203 | 4.4524 | 4.4664 | 4.4985 | 4.5125 | 4.5446 |
| Fibonacci | 4.4173 | 4.4349 | 4.4458 | 4.4634 | 4.4810 | 4.4919 | 4.5095 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 4.4007 | 4.4160 | 4.4436 | 4.4589 | 4.4865 | 4.5018 | 4.5294 |
| Camarilla | 4.4594 | 4.4633 | 4.4673 | 4.4712 | 4.4751 | 4.4791 | 4.4830 |
| Woodie | 4.4069 | 4.4191 | 4.4498 | 4.4620 | 4.4927 | 4.5049 | 4.5356 |
| Fibonacci | 4.4160 | 4.4324 | 4.4425 | 4.4589 | 4.4753 | 4.4854 | 4.5018 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 4.2725 | 4.3218 | 4.3841 | 4.4334 | 4.4957 | 4.5450 | 4.6073 |
| Camarilla | 4.4156 | 4.4258 | 4.4361 | 4.4463 | 4.4565 | 4.4668 | 4.4770 |
| Woodie | 4.2789 | 4.3251 | 4.3905 | 4.4367 | 4.5021 | 4.5483 | 4.6137 |
| Fibonacci | 4.3218 | 4.3645 | 4.3908 | 4.4334 | 4.4761 | 4.5024 | 4.5450 |
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): | 67.81 | |
| MACD (12,26,9): | 0.0053 | |
| Directional Movement: | 6.3373 | |
| AROON (14): | -35.7142 | |
| DEMA (21): | 4.4784 | |
| Parabolic SAR (0,02-0,02-0,2): | 4.4800 | |
| Elder Ray (13): | 0.0003 | |
| Super Trend (3,10): | 4.4638 | |
| Zig ZAG (10): | 4.4756 | |
| VORTEX (21): | 1.2601 | |
| Stochastique (14,3,5): | 48.94 | |
| TEMA (21): | 4.4802 | |
| Williams %R (14): | -51.06 | |
| Chande Momentum Oscillator (20): | -0.0008 | |
| Repulse (5,40,3): | 0.1029 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | 0.0200 | |
| Courbe Coppock: | 0.15 |
| MA7: | 4.4621 | |
| MA20: | 4.4520 | |
| MA50: | 4.4889 | |
| MA100: | 4.4662 | |
| MAexp7: | 4.4756 | |
| MAexp20: | 4.4711 | |
| MAexp50: | 4.4640 | |
| MAexp100: | 4.4607 | |
| Price / MA7: | +0.08% | |
| Price / MA20: | +0.31% | |
| Price / MA50: | -0.52% | |
| Price / MA100: | -0.01% | |
| Price / MAexp7: | -0.22% | |
| Price / MAexp20: | -0.12% | |
| Price / MAexp50: | +0.04% | |
| Price / MAexp100: | +0.11% |
Quotes :
2020-07-02 07:44:15
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Real time data
-
Forex
News
The latest news and videos published on EUR/PLN at the time of the analysis were as follows:
-
Where Is EUR/PLN Heading?
-
Volatility Expected For EUR/PLN
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Poland: Political risks, and the EUR/PLN range-break
This member declared not having a position on this financial instrument or a related financial instrument.
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