EUR/PLN - 1H - Technical analysis published on 07/09/2020 (GMT)
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- Timeframe : 1H
- - Analysis generated on
- Status : LEVEL MAINTAINED
Analysis too old. There are no more charts available.
Summary of the analysis
Trends
Court terme:
Strongly bearish
De fond:
Bearish
Technical indicators
17%
67%
17%
My opinion
Bearish under 4.4805 PLN
My targets
4.4614 PLN (-0.0057)
4.4563 PLN (-0.0108)
My analysis
EUR/PLN is part of a very strong bearish trend. Traders may consider trading only short positions (for sale) as long as the price remains well below 4.4805 PLN. The next support located at 4.4614 PLN is the next bearish objective to target. A bearish break of this support would revive the bearish momentum. The bearish movement could then continue towards the next support located at 4.4563 PLN. Below this support, sellers could then target 4.4344 PLN.
In the very short term, the general bearish sentiment is confirmed by technical indicators. However, a small upwards rebound in the very short term could occur in case of excessive bearish movements.
Force
0
10
6.3
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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
EUR/PLN rating 4.4671 PLN. On the day, this instrument lost -0.17% and was between 4.4609 PLN and 4.4779 PLN. This implies that the price is at +0.14% from its lowest and at -0.24% from its highest.4.4609
4.4779
4.4671
A study of price movements over other periods shows the following variations:
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 : 20 days
Abnormal volumes
Timeframe : 50 days
Technical
A technical analysis in 1H of this EUR/PLN chart shows a bearish trend. The signals given by moving averages are 78.57% bearish. This bearish trend is reinforced by the strong signals currently being given by short-term moving averages. The Central Indicators market scanner currently does not detect any result that concerns moving averages.
In fact, 12 technical indicators on 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
Pivot points : price is under support 1
Type : Neutral
Timeframe : 1 hour
The analysis of the price chart with Central Patterns scanners does not return any result.
The Central Candlesticks scanner which studies Japanese candlesticks did not detect anything.
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 4.4344 | 4.4563 | 4.4614 | 4.4671 | 4.4710 | 4.4805 | 4.4861 |
| Change (%) | -0.73% | -0.24% | -0.13% | - | +0.09% | +0.30% | +0.43% |
| Change | -0.0327 | -0.0108 | -0.0057 | - | +0.0039 | +0.0134 | +0.0190 |
| Level | Minor | Minor | Minor | - | Intermediate | Minor | Intermediate |
Attention could also be paid to pivot points to set price objectives:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 4.4517 | 4.4609 | 4.4678 | 4.4770 | 4.4839 | 4.4931 | 4.5000 |
| Camarilla | 4.4704 | 4.4719 | 4.4733 | 4.4748 | 4.4763 | 4.4778 | 4.4792 |
| Woodie | 4.4507 | 4.4603 | 4.4668 | 4.4764 | 4.4829 | 4.4925 | 4.4990 |
| Fibonacci | 4.4609 | 4.4670 | 4.4708 | 4.4770 | 4.4831 | 4.4869 | 4.4931 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 4.3921 | 4.4133 | 4.4382 | 4.4594 | 4.4843 | 4.5055 | 4.5304 |
| Camarilla | 4.4505 | 4.4548 | 4.4590 | 4.4632 | 4.4674 | 4.4717 | 4.4759 |
| Woodie | 4.3941 | 4.4142 | 4.4402 | 4.4603 | 4.4863 | 4.5064 | 4.5324 |
| Fibonacci | 4.4133 | 4.4309 | 4.4418 | 4.4594 | 4.4770 | 4.4879 | 4.5055 |
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): | 35.26 | |
| MACD (12,26,9): | -0.0021 | |
| Directional Movement: | -17.0148 | |
| AROON (14): | -28.5714 | |
| DEMA (21): | 4.4701 | |
| Parabolic SAR (0,02-0,02-0,2): | 4.4802 | |
| Elder Ray (13): | -0.0055 | |
| Super Trend (3,10): | 4.4772 | |
| Zig ZAG (10): | 4.4646 | |
| VORTEX (21): | 0.7226 | |
| Stochastique (14,3,5): | 10.21 | |
| TEMA (21): | 4.4674 | |
| Williams %R (14): | -97.08 | |
| Chande Momentum Oscillator (20): | -0.0100 | |
| Repulse (5,40,3): | -0.1069 | |
| ROCnROLL: | 2 | |
| TRIX (15,9): | -0.0022 | |
| Courbe Coppock: | 0.31 |
| MA7: | 4.4686 | |
| MA20: | 4.4569 | |
| MA50: | 4.4814 | |
| MA100: | 4.4762 | |
| MAexp7: | 4.4685 | |
| MAexp20: | 4.4718 | |
| MAexp50: | 4.4726 | |
| MAexp100: | 4.4705 | |
| Price / MA7: | -0.03% | |
| Price / MA20: | +0.23% | |
| Price / MA50: | -0.32% | |
| Price / MA100: | -0.20% | |
| Price / MAexp7: | -0.03% | |
| Price / MAexp20: | -0.11% | |
| Price / MAexp50: | -0.12% | |
| Price / MAexp100: | -0.08% |
Quotes :
2020-07-09 13:18:07
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Real time data
-
Forex
News
Don"t forget to follow the news on EUR/PLN. At the time of publication of this analysis, the latest news was 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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