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NZD/PLN
NZD PLN
- PLN (-)
- Real time data - Forex
Open: -
Change: -
Volume: -
Low: -
High: -
High / Low range: -
Type: Forex
Ticker: NZDPLN
ISIN:

NZD/PLN - 1H - Technical analysis published on 07/30/2020 (GMT)

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  • Timeframe : 1H
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Summary of the analysis

Trends
Court terme: Strongly bearish
De fond: Strongly bearish
Technical indicators
22%
50%
28%
My opinion
Bearish under 2.4901 PLN
My targets
2.4640 PLN (-0.0234)
2.4501 PLN (-0.0373)
My analysis
The bearish trend is currently very strong for NZD/PLN. As long as the price remains below the resistance at 2.4901 PLN, you could try to take advantage of the bearish rally. The first bearish objective is located at 2.4640 PLN. The bearish momentum would be revived by a break in this support. Sellers would then use the next support located at 2.4501 PLN as an objective. Crossing it would then enable sellers to target 2.4083 PLN. Be careful, given the powerful bearish rally underway, excesses could lead to a short-term rebound. If this is the case, remember that trading against the trend may be riskier. It would seem more appropriate to wait for a signal indicating reversal of the trend.

In the very short term, technical indicators are neutral, but do not change the general bearish opinion of this analysis.
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.

Vincent Launay
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

NZD/PLN rating 2.4874 PLN. The price is lower by -0.02% since the last closing and was between 2.4849 PLN and 2.4948 PLN. This implies that the price is at +0.10% from its lowest and at -0.30% from its highest.

2.4849
2.4948
2.4874

The Central Gaps scanner detects the formation of a bearish gap marking the strong presence of sellers ahead of buyers at the opening. This formed a quotation gap.

Central Gaps

Opening Gap DOWN

Type : Bearish

Timeframe : Openning



Here is a more detailed summary of the historical variations registered by NZD/PLN:
The Central Records scanner for higher/lower results shows the following items:

Central Records

Near a new HIGH record (1st january)

Type : Bullish

Timeframe : Weekly


Near a new HIGH record (1 month)

Type : Bullish

Timeframe : Weekly



Abnormal volumes on NZD/PLN were detected by the Central Volumes scanner:

Central Volumes

Abnormal volumes

Timeframe : 50 days

Technical


Technical analysis of this 1H chart of NZD/PLN indicates that the overall trend is strongly bearish. 92.86% of the signals given by moving averages are bearish. The overall trend is supported by the strong bearish signals from short-term moving averages. There is no crossing of moving average by the price or crossing of moving averages between themselves.

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.
Central Indicators, the detector scanner for these technical indicators recently detected a signal:

Central Indicators

Price is back under the pivot point

Type : Bearish

Timeframe : Weekly



Central Patterns, the scanner specializing in chart patterns, did not identify any signals.

The presence of a bullish Japanese candlestick pattern detected by Central Candlesticks that could cause a very short term rebound was also detected:

Central Candlesticks

Bullish harami

Type : Bullish

Timeframe : 1 hour




ProTrendLines
S3
S2
S1
R1
R2
R3
Price


S3S2S1PriceR1R2R3
ProTrendLines 2.4083 2.4501 2.4861 2.4874 2.5088 2.5244 2.5378
Change (%) -3.18% -1.50% -0.05% - +0.86% +1.49% +2.03%
Change -0.0791 -0.0373 -0.0013 - +0.0214 +0.0370 +0.0504
Level Major Minor Major - 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
Standard2.45052.46932.47862.49742.50672.52552.5348
Camarilla2.48032.48292.48542.48802.49062.49322.4957
Woodie2.44592.46692.47402.49502.50212.52312.5302
Fibonacci2.46932.48002.48662.49742.50812.51472.5255


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard2.41982.46402.48722.53142.55462.59882.6220
Camarilla2.49182.49792.50412.51032.51652.52272.5288
Woodie2.40922.45882.47662.52622.54402.59362.6114
Fibonacci2.46402.48982.50572.53142.55722.57312.5988


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard2.38442.42722.49012.53292.59582.63862.7015
Camarilla2.52392.53362.54332.55302.56272.57242.5821
Woodie2.39452.43222.50022.53792.60592.64362.7116
Fibonacci2.42722.46762.49252.53292.57332.59822.6386

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): 35.70
MACD (12,26,9): -0.0035
Directional Movement: -5.6736
AROON (14): -78.5714
DEMA (21): 2.4870
Parabolic SAR (0,02-0,02-0,2): 2.4946
Elder Ray (13): -0.0011
Super Trend (3,10): 2.5003
Zig ZAG (10): 2.4885
VORTEX (21): 0.8382
Stochastique (14,3,5): 25.74
TEMA (21): 2.4860
Williams %R (14): -78.07
Chande Momentum Oscillator (20): -0.0056
Repulse (5,40,3): -0.0786
ROCnROLL: 2
TRIX (15,9): -0.0210
Courbe Coppock: 0.55
MA7: 2.5081
MA20: 2.5559
MA50: 2.5453
MA100: 2.5225
MAexp7: 2.4887
MAexp20: 2.4916
MAexp50: 2.4971
MAexp100: 2.5053
Price / MA7: -0.83%
Price / MA20: -2.68%
Price / MA50: -2.27%
Price / MA100: -1.39%
Price / MAexp7: -0.05%
Price / MAexp20: -0.17%
Price / MAexp50: -0.39%
Price / MAexp100: -0.71%

Quotes : 2020-07-30 10:41:43 - Real time data - Forex

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

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Londinia AI

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