NZD/PLN - 1H - Technical analysis published on 11/12/2019 (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
Court terme:
Bearish
De fond:
Bullish
Technical indicators
39%
22%
39%
My opinion
Bullish above 2.4503 PLN
My targets
2.4597 PLN (+0.10%)
2.4650 PLN (+0.31%)
My analysis
The basic trend is bullish on NZD/PLN and in the short term, the price is attempting to correct. For the time being, this is only a simple technical correction and the basic trend is not threatened. For the correction to be confirmed, it would have to at least return to below the support 2.4503 PLN. Sellers would then use the next support located at 2.4468 PLN as an objective. Crossing it would then enable sellers to target 2.4425 PLN. If there is a return to above the resistance located at 2.4597 PLN, this would be a sign of a reversal in the basic bullish trend. The next bullish objectives will be 2.4650 PLN and 2.4680 PLN by extension.
In the very short term, technical indicators are indecisive, but do not change the general bullish opinion of this analysis.
FORCE
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10
2
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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 2.4573 PLN. The price is lower by -0.32% since the last closing with the lowest point at 2.4524 PLN and the highest point at 2.4677 PLN. The deviation from the price is +0.20% for the low point and -0.42% for the high point.2.4524
2.4677
2.4573
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
Here is a more detailed summary of the historical variations registered by NZD/PLN:
Near a new LOW record (1st january)
Type : Bearish
Timeframe : Weekly
Technical
Technical analysis of this 1H chart of NZD/PLN indicates that the overall trend is bullish. The signals given by moving averages are 67.86% bullish. This bullish trend could slow down given the slightly bearish signals currently being given by short-term moving averages. The Central Indicators market scanner is currently detecting several bullish signals that could impact this trend:
Bullish trend reversal : adaptative moving average 100
Type : Bullish
Timeframe : 1 hour
Bullish price crossover with Moving Average 50
Type : Bullish
Timeframe : 1 hour
Bullish price crossover with adaptative moving average 50
Type : Bullish
Timeframe : 1 hour
Bullish price crossover with adaptative moving average 100
Type : Bullish
Timeframe : 1 hour
An assessment of technical indicators does not currently provide any relevant information on the direction of future price movements.
The Central Indicators scanner specialised in technical indicators, has not detected anything further.
An analysis of the price chart with the Central Patterns scanner (detector of chart patterns and resistances and supports) shows a result that can have an impact on the price change:
Horizontal resistance 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
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 2.4425 | 2.4468 | 2.4503 | 2.4573 | 2.4597 | 2.4650 | 2.4680 |
| Change (%) | -0.60% | -0.43% | -0.28% | - | +0.10% | +0.31% | +0.44% |
| Change | -0.0148 | -0.0105 | -0.0070 | - | +0.0024 | +0.0077 | +0.0107 |
| Level | Minor | Minor | Minor | - | 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 | 2.4319 | 2.4396 | 2.4524 | 2.4601 | 2.4729 | 2.4806 | 2.4934 |
| Camarilla | 2.4595 | 2.4613 | 2.4632 | 2.4651 | 2.4670 | 2.4689 | 2.4707 |
| Woodie | 2.4344 | 2.4409 | 2.4549 | 2.4614 | 2.4754 | 2.4819 | 2.4959 |
| Fibonacci | 2.4396 | 2.4475 | 2.4523 | 2.4601 | 2.4680 | 2.4728 | 2.4806 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 2.4133 | 2.4279 | 2.4390 | 2.4536 | 2.4647 | 2.4793 | 2.4904 |
| Camarilla | 2.4430 | 2.4454 | 2.4477 | 2.4501 | 2.4525 | 2.4548 | 2.4572 |
| Woodie | 2.4116 | 2.4270 | 2.4373 | 2.4527 | 2.4630 | 2.4784 | 2.4887 |
| Fibonacci | 2.4279 | 2.4377 | 2.4438 | 2.4536 | 2.4634 | 2.4695 | 2.4793 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 2.3227 | 2.3737 | 2.4123 | 2.4633 | 2.5019 | 2.5529 | 2.5915 |
| Camarilla | 2.4262 | 2.4344 | 2.4426 | 2.4508 | 2.4590 | 2.4672 | 2.4754 |
| Woodie | 2.3164 | 2.3706 | 2.4060 | 2.4602 | 2.4956 | 2.5498 | 2.5852 |
| Fibonacci | 2.3737 | 2.4080 | 2.4291 | 2.4633 | 2.4976 | 2.5187 | 2.5529 |
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): | 48.87 | |
| MACD (12,26,9): | -0.0007 | |
| Directional Movement: | -4.5229 | |
| AROON (14): | -21.4286 | |
| DEMA (21): | 2.4588 | |
| Parabolic SAR (0,02-0,02-0,2): | 2.4646 | |
| Elder Ray (13): | -0.0013 | |
| Super Trend (3,10): | 2.4657 | |
| Zig ZAG (10): | 2.4577 | |
| VORTEX (21): | 0.8698 | |
| Stochastique (14,3,5): | 27.67 | |
| TEMA (21): | 2.4567 | |
| Williams %R (14): | -57.52 | |
| Chande Momentum Oscillator (20): | -0.0045 | |
| Repulse (5,40,3): | 0.0598 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | 0.0018 | |
| Courbe Coppock: | 0.61 |
| MA7: | 2.4561 | |
| MA20: | 2.4522 | |
| MA50: | 2.4787 | |
| MA100: | 2.5011 | |
| MAexp7: | 2.4569 | |
| MAexp20: | 2.4590 | |
| MAexp50: | 2.4579 | |
| MAexp100: | 2.4562 | |
| Price / MA7: | +0.05% | |
| Price / MA20: | +0.21% | |
| Price / MA50: | -0.86% | |
| Price / MA100: | -1.75% | |
| Price / MAexp7: | +0.02% | |
| Price / MAexp20: | -0.07% | |
| Price / MAexp50: | -0.02% | |
| Price / MAexp100: | +0.04% |
This member declared not having a position on this financial instrument or a related financial instrument.
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