EUR/PLN - 1H - Technical analysis published on 01/20/2021 (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:
Strongly bearish
Technical indicators
22%
44%
33%
My opinion
Bearish under 4.5387 PLN
My targets
4.5196 PLN (-0.0094)
4.5081 PLN (-0.0209)
My analysis
All elements being clearly bearish, it would be possible for traders to trade only short positions (for sale) on EUR/PLN as long as the price remains well below 4.5387 PLN. The sellers” bearish objective is set at 4.5196 PLN. A bearish break of this support would revive the bearish momentum. The sellers could then target the support located at 4.5081 PLN. In case of crossing, the next objective would be the support located at 4.4910 PLN. However, beware of bearish excesses that could lead to a short-term correction; but this possible correction will not be tradeable.
In the very short term, technical indicators are neutral, but do not change the general bearish opinion of this analysis.
Force
0
10
6.6
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:
Additional analysis
Quotes
EUR/PLN rating 4.5290 PLN. The price is lower by -0.14% since the last closing with the lowest point at 4.5274 PLN and the highest point at 4.5488 PLN. The deviation from the price is +0.04% for the low point and -0.44% for the high point.4.5274
4.5488
4.5290
The Central Gaps scanner detects a bullish opening marking the presence of buyers ahead of sellers at the opening but not sufficiently marked to allow the price to register a quotation gap.
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
Technical
Technical analysis of this 1H chart of EUR/PLN indicates that the overall trend is strongly bearish. 89.29% of the signals given by moving averages are bearish. The overall trend is supported by the strong bearish signals from short-term moving averages. The Central Indicators scanner detects bearish signals on moving averages that could impact this trend:
Bearish trend reversal : Moving Average 20
Type : Bearish
Timeframe : 1 hour
Bearish trend reversal : adaptative moving average 20
Type : Bearish
Timeframe : 1 hour
Bearish trend reversal : adaptative moving average 50
Type : Bearish
Timeframe : 1 hour
Bearish trend reversal : adaptative moving average 100
Type : Bearish
Timeframe : 1 hour
Bearish price crossover with Moving Average 20
Type : Bearish
Timeframe : 1 hour
Bearish price crossover with Moving Average 50
Type : Bearish
Timeframe : 1 hour
Bearish price crossover with adaptative moving average 20
Type : Bearish
Timeframe : 1 hour
Bearish price crossover with adaptative moving average 50
Type : Bearish
Timeframe : 1 hour
Bearish price crossover with adaptative moving average 100
Type : Bearish
Timeframe : 1 hour
In fact, Central Analyzer took into account 18 technical indicators and the result was as follows: 4 are bullish, 6 are neutral and 8 are bearish. Caution: the Central Indicators scanner currently detects an excess:
Williams %R indicator is oversold : under -80
Type : Neutral
Timeframe : 1 hour
RSI indicator is back under 50
Type : Bearish
Timeframe : 1 hour
MACD crosses DOWN its Moving Average
Type : Bearish
Timeframe : 1 hour
Parabolic SAR indicator bearish reversal
Type : Bearish
Timeframe : 1 hour
Price is back over the pivot point
Type : Bullish
Timeframe : Weekly
Price is back under the pivot point
Type : Bearish
Timeframe : 1 hour
Momentum indicator is back under 0
Type : Bearish
Timeframe : 1 hour
Central Patterns, the scanner specializing in chart patterns, did not identify any signals.
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 | 4.5081 | 4.5196 | 4.5274 | 4.5290 | 4.5387 | 4.5426 | 4.5467 |
| Change (%) | -0.46% | -0.21% | -0.04% | - | +0.21% | +0.30% | +0.39% |
| Change | -0.0209 | -0.0094 | -0.0016 | - | +0.0097 | +0.0136 | +0.0177 |
| Level | Minor | Minor | Major | - | 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 | 4.5149 | 4.5203 | 4.5278 | 4.5332 | 4.5407 | 4.5461 | 4.5536 |
| Camarilla | 4.5317 | 4.5328 | 4.5340 | 4.5352 | 4.5364 | 4.5376 | 4.5388 |
| Woodie | 4.5159 | 4.5208 | 4.5288 | 4.5337 | 4.5417 | 4.5466 | 4.5546 |
| Fibonacci | 4.5203 | 4.5253 | 4.5283 | 4.5332 | 4.5382 | 4.5412 | 4.5461 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 4.4689 | 4.4885 | 4.5129 | 4.5325 | 4.5569 | 4.5765 | 4.6009 |
| Camarilla | 4.5251 | 4.5291 | 4.5332 | 4.5372 | 4.5412 | 4.5453 | 4.5493 |
| Woodie | 4.4712 | 4.4897 | 4.5152 | 4.5337 | 4.5592 | 4.5777 | 4.6032 |
| Fibonacci | 4.4885 | 4.5053 | 4.5157 | 4.5325 | 4.5493 | 4.5597 | 4.5765 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 4.2404 | 4.3289 | 4.4447 | 4.5332 | 4.6490 | 4.7375 | 4.8533 |
| Camarilla | 4.5042 | 4.5230 | 4.5417 | 4.5604 | 4.5791 | 4.5979 | 4.6166 |
| Woodie | 4.2540 | 4.3357 | 4.4583 | 4.5400 | 4.6626 | 4.7443 | 4.8669 |
| Fibonacci | 4.3289 | 4.4070 | 4.4552 | 4.5332 | 4.6113 | 4.6595 | 4.7375 |
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): | 41.72 | |
| MACD (12,26,9): | 0.0000 | |
| Directional Movement: | 2.0010 | |
| AROON (14): | -42.8571 | |
| DEMA (21): | 4.5346 | |
| Parabolic SAR (0,02-0,02-0,2): | 4.5484 | |
| Elder Ray (13): | -0.0029 | |
| Super Trend (3,10): | 4.5413 | |
| Zig ZAG (10): | 4.5315 | |
| VORTEX (21): | 1.0149 | |
| Stochastique (14,3,5): | 25.52 | |
| TEMA (21): | 4.5350 | |
| Williams %R (14): | -76.64 | |
| Chande Momentum Oscillator (20): | -0.0010 | |
| Repulse (5,40,3): | -0.0721 | |
| ROCnROLL: | 2 | |
| TRIX (15,9): | 0.0016 | |
| Courbe Coppock: | 0.09 |
| MA7: | 4.5344 | |
| MA20: | 4.5306 | |
| MA50: | 4.4915 | |
| MA100: | 4.5007 | |
| MAexp7: | 4.5341 | |
| MAexp20: | 4.5342 | |
| MAexp50: | 4.5346 | |
| MAexp100: | 4.5346 | |
| Price / MA7: | -0.12% | |
| Price / MA20: | -0.04% | |
| Price / MA50: | +0.83% | |
| Price / MA100: | +0.63% | |
| Price / MAexp7: | -0.11% | |
| Price / MAexp20: | -0.11% | |
| Price / MAexp50: | -0.12% | |
| Price / MAexp100: | -0.12% |
Quotes :
2021-01-20 08:01:27
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Real time data
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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:
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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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