NZD/PLN - 1H - Technical analysis published on 04/22/2021 (GMT)
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- Timeframe : 1H
- - Analysis generated on
- Status : TARGET REACHED
Analysis too old. There are no more charts available.
Summary of the analysis
Trends
Short term:
Strongly bearish
Underlying:
Slightly bearish
Technical indicators
22%
50%
28%
My opinion
Bearish under 2.7282 PLN
My targets
2.7129 PLN (-0.0067)
2.7038 PLN (-0.0158)
My analysis
NZD/PLN is currently trying to strengthen its basic trend with a very bearish short term. As long as the price remains below 2.7282 PLN, traders may consider taking advantage of this bearish acceleration and setting themselves to trade only in short positions (for sale). Sellers will encounter the support at 2.7129 PLN. A bearish break in this support would confirm a continuation of the bearish acceleration. The next support located at 2.7038 PLN would then be the next bearish objective for sellers. Crossing it would then enable sellers to target 2.6913 PLN. Beware of a possible return to above the resistance located at 2.7282 PLN which would be a sign of a correction of the short-term bearish excesses registered.
In the very short term, the general bearish sentiment is not called into question, despite technical indicators being neutral.
Force
0
10
3
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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
The NZD/PLN price is 2.7196 PLN. The price registered a decrease of -0.29% on the session with the lowest point at 2.7196 PLN and the highest point at 2.7293 PLN. The deviation from the price is 0% for the low point and -0.36% for the high point.2.7196
2.7293
2.7196
A bearish opening was detected by the Central Gaps scanner. Sellers are trying to impose a bearish trend in the very short term.
Bearish opening
Type : Bearish
Timeframe : Openning
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 NZD/PLN in 1H shows an overall slightly bearish trend. 53.57% of the signals given by moving averages are bearish. The overall trend could accelerate as a result of the strong bearish signals from short-term moving averages. The Central Indicators market scanner is currently detecting several bearish signals that could impact this trend:
Bearish trend reversal : Moving Average 20
Type : Bearish
Timeframe : 1 hour
Bearish trend reversal : adaptative moving average 50
Type : Bearish
Timeframe : 1 hour
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.
Caution: the Central Indicators scanner currently detects an excess:
CCI indicator is oversold : under -100
Type : Neutral
Timeframe : 1 hour
Williams %R indicator is oversold : under -80
Type : Neutral
Timeframe : 1 hour
Aroon indicator bearish trend
Type : Bearish
Timeframe : 1 hour
Price is back over the pivot point
Type : Bullish
Timeframe : Weekly
An analysis of the price chart with the Central Patterns scanner (detector of chart patterns and resistances and supports) shows several results that can have an impact on the price change:
Horizontal resistance is broken
Type : Bullish
Timeframe : 1 hour
Support of triangle is broken
Type : Bearish
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 | 2.6913 | 2.7038 | 2.7129 | 2.7196 | 2.7282 | 2.8018 | 3.0110 |
| Change (%) | -1.04% | -0.58% | -0.25% | - | +0.32% | +3.02% | +10.71% |
| Change | -0.0283 | -0.0158 | -0.0067 | - | +0.0086 | +0.0822 | +0.2914 |
| Level | Minor | Intermediate | Major | - | Intermediate | Major | Intermediate |
Attention could also be paid to pivot points to set price objectives:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 2.6895 | 2.6998 | 2.7137 | 2.7240 | 2.7379 | 2.7482 | 2.7621 |
| Camarilla | 2.7209 | 2.7231 | 2.7253 | 2.7275 | 2.7297 | 2.7319 | 2.7342 |
| Woodie | 2.6912 | 2.7007 | 2.7154 | 2.7249 | 2.7396 | 2.7491 | 2.7638 |
| Fibonacci | 2.6998 | 2.7091 | 2.7148 | 2.7240 | 2.7333 | 2.7390 | 2.7482 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 2.6118 | 2.6404 | 2.6746 | 2.7032 | 2.7374 | 2.7660 | 2.8002 |
| Camarilla | 2.6916 | 2.6974 | 2.7031 | 2.7089 | 2.7147 | 2.7204 | 2.7262 |
| Woodie | 2.6147 | 2.6418 | 2.6775 | 2.7046 | 2.7403 | 2.7674 | 2.8031 |
| Fibonacci | 2.6404 | 2.6644 | 2.6792 | 2.7032 | 2.7272 | 2.7420 | 2.7660 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 2.6134 | 2.6605 | 2.7088 | 2.7559 | 2.8042 | 2.8513 | 2.8996 |
| Camarilla | 2.7310 | 2.7397 | 2.7485 | 2.7572 | 2.7660 | 2.7747 | 2.7834 |
| Woodie | 2.6141 | 2.6608 | 2.7095 | 2.7562 | 2.8049 | 2.8516 | 2.9003 |
| Fibonacci | 2.6605 | 2.6969 | 2.7194 | 2.7559 | 2.7923 | 2.8148 | 2.8513 |
Numerical data
The following is the status of the technical indicators and moving averages at the time of publication of this technical analysis:
Technical indicators
Moving averages
| RSI (14): | 42.88 | |
| MACD (12,26,9): | 0.0006 | |
| Directional Movement: | -4.6502 | |
| AROON (14): | -100.0000 | |
| DEMA (21): | 2.7269 | |
| Parabolic SAR (0,02-0,02-0,2): | 2.7306 | |
| Elder Ray (13): | -0.0030 | |
| Super Trend (3,10): | 2.7172 | |
| Zig ZAG (10): | 2.7220 | |
| VORTEX (21): | 1.0325 | |
| Stochastique (14,3,5): | 10.35 | |
| TEMA (21): | 2.7261 | |
| Williams %R (14): | -84.87 | |
| Chande Momentum Oscillator (20): | -0.0083 | |
| Repulse (5,40,3): | -0.1046 | |
| ROCnROLL: | -1 | |
| TRIX (15,9): | 0.0119 | |
| Courbe Coppock: | 0.22 |
| MA7: | 2.7182 | |
| MA20: | 2.7249 | |
| MA50: | 2.7310 | |
| MA100: | 2.6911 | |
| MAexp7: | 2.7243 | |
| MAexp20: | 2.7249 | |
| MAexp50: | 2.7225 | |
| MAexp100: | 2.7191 | |
| Price / MA7: | +0.05% | |
| Price / MA20: | -0.19% | |
| Price / MA50: | -0.42% | |
| Price / MA100: | +1.06% | |
| Price / MAexp7: | -0.17% | |
| Price / MAexp20: | -0.19% | |
| Price / MAexp50: | -0.10% | |
| Price / MAexp100: | +0.03% |
Quotes :
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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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