NZD/PLN - 1H - Technical analysis published on 09/18/2020 (GMT)
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- Timeframe : 1H
- - Analysis generated on
- Status : INVALID
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Summary of the analysis
Trends
Court terme:
Strongly bullish
De fond:
Strongly bullish
Technical indicators
78%
6%
17%
My opinion
Bullish above 2.5444 PLN
My targets
2.5599 PLN (+0.0126)
2.5752 PLN (+0.0279)
My analysis
NZD/PLN is part of a very strong bullish trend. Traders may consider trading only long positions (at the time of purchase) as long as the price remains well above 2.5444 PLN. The next resistance located at 2.5599 PLN is the next bullish objective to be reached. A bullish break in this resistance would boost the bullish momentum. The bullish movement could then continue towards the next resistance located at 2.5752 PLN. After this resistance, buyers could then target 2.6000 PLN. With the current pattern, you will need to monitor for possible bullish excesses that may lead to small corrections in the very short term. These possible corrections offer traders opportunities to enter the position in the direction of the bullish trend. Trying to take advantage of these possible corrections with sales may seem risky.
In the very short term, the general bullish sentiment is confirmed by technical indicators. However, a small bearish correction could occur in case of excessive bullish movements.
Force
0
10
8.4
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This analysis was given by Vincent Launay. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
NZD/PLN rating 2.5473 PLN. The price has increased by +0.17% since the last closing with the lowest point at 2.5417 PLN and the highest point at 2.5552 PLN. The deviation from the price is +0.22% for the low point and -0.31% for the high point.2.5417
2.5552
2.5473
A study of price movements over other periods shows the following variations:
Near a new HIGH record (1st january)
Type : Bullish
Timeframe : Weekly
Technical
Technical analysis of NZD/PLN in 1H shows a strongly overall bullish trend. 92.86% of the signals given by moving averages are bullish. The overall trend is supported by the strong bullish signals from short-term moving averages. There is no crossing of moving average by the price or crossing of moving averages between themselves.
In fact, 14 technical indicators on 18 studied are currently bullish. Caution: the Central Indicators scanner currently detects an excess:
CCI indicator is overbought : over 100
Type : Neutral
Timeframe : 1 hour
CCI indicator: bearish divergence
Type : Bearish
Timeframe : 1 hour
MACD indicator: bearish divergence
Type : Bearish
Timeframe : 1 hour
RSI indicator: bearish divergence
Type : Bearish
Timeframe : 1 hour
Pivot points : price is over resistance 1
Type : Neutral
Timeframe : 1 hour
Pivot points : price is over resistance 2
Type : Neutral
Timeframe : Weekly
Price is back under the pivot point
Type : Bearish
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 | 2.5253 | 2.5310 | 2.5444 | 2.5473 | 2.5752 | 2.6000 | 2.6342 |
| Change (%) | -0.86% | -0.64% | -0.11% | - | +1.10% | +2.07% | +3.41% |
| Change | -0.0220 | -0.0163 | -0.0029 | - | +0.0279 | +0.0527 | +0.0869 |
| Level | Minor | Major | Intermediate | - | Minor | Intermediate | 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 |
|---|---|---|---|---|---|---|---|
| Standard | 2.5117 | 2.5185 | 2.5308 | 2.5376 | 2.5499 | 2.5567 | 2.5690 |
| Camarilla | 2.5379 | 2.5396 | 2.5414 | 2.5431 | 2.5449 | 2.5466 | 2.5484 |
| Woodie | 2.5145 | 2.5199 | 2.5336 | 2.5390 | 2.5527 | 2.5581 | 2.5718 |
| Fibonacci | 2.5185 | 2.5258 | 2.5303 | 2.5376 | 2.5449 | 2.5494 | 2.5567 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 2.4546 | 2.4761 | 2.4897 | 2.5112 | 2.5248 | 2.5463 | 2.5599 |
| Camarilla | 2.4937 | 2.4969 | 2.5001 | 2.5033 | 2.5065 | 2.5097 | 2.5130 |
| Woodie | 2.4507 | 2.4741 | 2.4858 | 2.5092 | 2.5209 | 2.5443 | 2.5560 |
| Fibonacci | 2.4761 | 2.4895 | 2.4978 | 2.5112 | 2.5246 | 2.5329 | 2.5463 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 2.3271 | 2.3654 | 2.4229 | 2.4612 | 2.5187 | 2.5570 | 2.6145 |
| Camarilla | 2.4540 | 2.4627 | 2.4715 | 2.4803 | 2.4891 | 2.4979 | 2.5067 |
| Woodie | 2.3366 | 2.3702 | 2.4324 | 2.4660 | 2.5282 | 2.5618 | 2.6240 |
| Fibonacci | 2.3654 | 2.4020 | 2.4246 | 2.4612 | 2.4978 | 2.5204 | 2.5570 |
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): | 60.55 | |
| MACD (12,26,9): | 0.0036 | |
| Directional Movement: | 15.6220 | |
| AROON (14): | 92.8571 | |
| DEMA (21): | 2.5510 | |
| Parabolic SAR (0,02-0,02-0,2): | 2.5475 | |
| Elder Ray (13): | 0.0024 | |
| Super Trend (3,10): | 2.5389 | |
| Zig ZAG (10): | 2.5504 | |
| VORTEX (21): | 1.1889 | |
| Stochastique (14,3,5): | 75.30 | |
| TEMA (21): | 2.5515 | |
| Williams %R (14): | -35.17 | |
| Chande Momentum Oscillator (20): | 0.0060 | |
| Repulse (5,40,3): | -0.0999 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | 0.0203 | |
| Courbe Coppock: | 0.71 |
| MA7: | 2.5234 | |
| MA20: | 2.5012 | |
| MA50: | 2.4967 | |
| MA100: | 2.5209 | |
| MAexp7: | 2.5485 | |
| MAexp20: | 2.5463 | |
| MAexp50: | 2.5396 | |
| MAexp100: | 2.5319 | |
| Price / MA7: | +0.95% | |
| Price / MA20: | +1.84% | |
| Price / MA50: | +2.03% | |
| Price / MA100: | +1.05% | |
| Price / MAexp7: | -0.05% | |
| Price / MAexp20: | +0.04% | |
| Price / MAexp50: | +0.30% | |
| Price / MAexp100: | +0.61% |
Quotes :
2020-09-18 12:32:49
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Real time data
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Forex
This member declared not having a position on this financial instrument or a related financial instrument.
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