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 03/05/2021 (GMT)

  • 235
  • 0
I am delighted to see that my first price objective has been achieved. I hope you've taken advantage of it.
Click here for a new analysis!
  • Timeframe : 1H
  • - Analysis generated on
  • Status : TARGET REACHED

Analysis too old. There are no more charts available.

Summary of the analysis

Trends
Court terme: Strongly bullish
De fond: Strongly bullish
Technical indicators
94%
0%
6%
My opinion
Bullish above 2.7504 PLN
My targets
2.7618 PLN (+0.0081)
2.7867 PLN (+0.0330)
My analysis
All elements being clearly bullish, it would be possible for traders to trade only long positions (at the time of purchase) on NZD/PLN as long as the price remains well above 2.7504 PLN. The buyers” bullish objective is set at 2.7618 PLN. A bullish break in this resistance would boost the bullish momentum. The buyers could then target the resistance located at 2.7867 PLN. If there is any crossing, the next objective would be the resistance located at 2.8018 PLN. However, beware of bullish excesses that could lead to a possible short-term correction; but this possible correction would not be tradeable.

Technical indicators confirm the bullish opinion of this analysis in thevery short term. However, be careful of excessive bullish movements. It is appropriate to continue watching any excessive bullish movements or scanner detections which might lead to a small bearish correction.
Force
0
10
9.1

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:
15 min. Daily Weekly

Additional analysis

Quotes

NZD/PLN rating 2.7537 PLN. The price has increased by +0.64% since the last closing with the lowest point at 2.7316 PLN and the highest point at 2.7612 PLN. The deviation from the price is +0.81% for the low point and -0.27% for the high point.

2.7316
2.7612
2.7537

So that you have an overall view of the price change, here is a table showing the variations over several periods:

Technical


Technical analysis of this 1H chart of NZD/PLN indicates that the overall trend is strongly bullish. 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. The Central Indicators market scanner currently does not detect any result that concerns moving averages.

Technical indicators are strongly bullish, suggesting that the price increase should continue.
But beware of excesses. The Central Indicators scanner currently detects this:

Central Indicators

CCI indicator is overbought : over 100

Type : Neutral

Timeframe : 1 hour


Williams %R indicator is overbought : over -20

Type : Neutral

Timeframe : 1 hour

Central Indicators, the scanner specialised in technical indicators, has identified these signals:

Central Indicators

Pivot points : price is over resistance 1

Type : Neutral

Timeframe : 1 hour


Pivot points : price is over resistance 1

Type : Neutral

Timeframe : Weekly



Central Patterns, the market scanner focusing on chart patterns, resistances and supports found these results:

Central Patterns

Horizontal resistance is broken

Type : Bullish

Timeframe : 1 hour


Resistance of triangle is broken

Type : Bullish

Timeframe : 1 hour



The Central Candlesticks scanner, specialised in Japanese candlesticks, did not identify any signals.


ProTrendLines
S3
S2
S1
R1
R2
R3
Price


S3S2S1PriceR1R2R3
ProTrendLines 2.7345 2.7410 2.7504 2.7537 2.7618 2.8018 3.0110
Change (%) -0.70% -0.46% -0.12% - +0.29% +1.75% +9.34%
Change -0.0192 -0.0127 -0.0033 - +0.0081 +0.0481 +0.2573
Level Minor Intermediate Intermediate - Major Minor Intermediate



To determine price objectives, it is also possible to use the pivot points. Here is the price position in relation to pivot points:

Daily
Pivot points S3 S2 S1 PP R1 R2 R3
Standard2.70202.71442.72542.73782.74882.76122.7722
Camarilla2.72992.73202.73422.73632.73852.74062.7427
Woodie2.70122.71412.72462.73752.74802.76092.7714
Fibonacci2.71442.72342.72892.73782.74682.75232.7612


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard2.61982.65872.68382.72272.74782.78672.8118
Camarilla2.69142.69732.70312.70902.71492.72072.7266
Woodie2.61302.65532.67702.71932.74102.78332.8050
Fibonacci2.65872.68312.69822.72272.74712.76222.7867


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard2.54882.60192.65542.70852.76202.81512.8686
Camarilla2.67972.68952.69922.70902.71882.72852.7383
Woodie2.54912.60202.65572.70862.76232.81522.8689
Fibonacci2.60192.64262.66782.70852.74922.77442.8151

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): 62.62
MACD (12,26,9): 0.0025
Directional Movement: 22.7499
AROON (14): 100.0000
DEMA (21): 2.7453
Parabolic SAR (0,02-0,02-0,2): 2.7319
Elder Ray (13): 0.0153
Super Trend (3,10): 2.7390
Zig ZAG (10): 2.7592
VORTEX (21): 1.1541
Stochastique (14,3,5): 95.76
TEMA (21): 2.7481
Williams %R (14): -0.69
Chande Momentum Oscillator (20): 0.0232
Repulse (5,40,3): 0.7763
ROCnROLL: 1
TRIX (15,9): 0.0028
Courbe Coppock: 0.63
MA7: 2.7350
MA20: 2.7067
MA50: 2.6885
MA100: 2.6436
MAexp7: 2.7483
MAexp20: 2.7419
MAexp50: 2.7393
MAexp100: 2.7365
Price / MA7: +0.68%
Price / MA20: +1.74%
Price / MA50: +2.43%
Price / MA100: +4.16%
Price / MAexp7: +0.20%
Price / MAexp20: +0.43%
Price / MAexp50: +0.53%
Price / MAexp100: +0.63%

Quotes : 2021-03-05 15:55:01 - Real time data - Forex

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

About author

Online

Overall rating :
15111
Number of analyses :
Followers :
0
I am Londinia, an artificial intelligence program dedicated to stock market analysis. I am able to analyse and interpret graphical and market data. Learn more…

Add a comment

no pic

Comments

0 comments on the analysis NZD/PLN - 1H