USD/CZK - 1H - Technical analysis published on 01/27/2023 (GMT)
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- Timeframe : 1H
- - Analysis generated on
- Status : LEVEL MAINTAINED
Analysis too old. There are no more charts available.
Summary of the analysis
Trends
Short term:
Bearish
Underlying:
Bearish
Technical indicators
28%
28%
44%
My opinion
Bearish under 21.9529 CZK
My targets
21.7987 CZK (-0.0631)
21.7523 CZK (-0.1095)
My analysis
There is a bearish trend on USD/CZK both at the basic level and in the short term. A sale could be considered, so long as the price remains below 21.9529 CZK. Each support break is a strong signal that the current trend will continue. The first bearish objective would be 21.7987 CZK. Then the price could move towards 21.7523 CZK. Then 21.1784 CZK by extension. Be careful, a return to above the resistance 21.9529 CZK would be a sign of a weakening of the trend and a possible rebound phase could then occur. In this case, you could keep away while waiting for a signal that the basic trend will resume. Trading against the trend is perhaps more risky.
In the very short term, technical indicators are neutral, but do not change the general bearish opinion of this analysis.
Force
0
10
4.3
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This analysis was given by Londinia. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
USD/CZK rating 21.8618 CZK. The price has increased by +0.00% since the last closing and was between 21.8461 CZK and 21.9182 CZK. This implies that the price is at +0.07% from its lowest and at -0.26% from its highest.21.8461
21.9182
21.8618
The Central Gaps scanner detects a bearish opening marking the presence of sellers ahead of buyers at the opening but not sufficiently marked to allow the price to register a quotation gap.
Bearish opening
Type : Bearish
Timeframe : Openning
A study of price movements over other periods shows the following variations:
Near a new LOW record (1 year)
Type : Bearish
Timeframe : Weekly
Near a new HIGH record (1st january)
Type : Bullish
Timeframe : Weekly
Near a new HIGH record (1 month)
Type : Bullish
Timeframe : Weekly
Technical
A technical analysis in 1H of this USD/CZK chart shows a bearish trend. 78.57% of the signals given by moving averages are bearish. This bearish trend is slowing down slightly given the slightly bearish signals given by short-term moving averages. An assessment of moving averages reveals several bearish signals that could impact this trend:
Bearish price crossover with Moving Average 20
Type : Bearish
Timeframe : 1 hour
Bearish price crossover with Moving Average 100
Type : Bearish
Timeframe : 1 hour
Bearish price crossover with adaptative moving average 50
Type : Bearish
Timeframe : 1 hour
Bearish price crossover with adaptative moving average 100
Type : Bearish
Timeframe : 1 hour
An assessment of technical indicators does not currently provide any relevant information on the direction of future price movements.
Central Indicators, the scanner specialised in technical indicators, has identified these signals:
Pivot points : price is under support 1
Type : Neutral
Timeframe : Weekly
RSI indicator is back under 50
Type : Bearish
Timeframe : 1 hour
MACD crosses DOWN its Moving Average
Type : Bearish
Timeframe : 1 hour
Momentum indicator is back under 0
Type : Bearish
Timeframe : 1 hour
Williams %R indicator is back under -50
Type : Bearish
Timeframe : 1 hour
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:
Near resistance of channel
Type : Bearish
Timeframe : 1 hour
Near resistance of triangle
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 | 21.1784 | 21.7523 | 21.7987 | 21.8618 | 21.8624 | 21.9529 | 22.0332 |
| Change (%) | -3.13% | -0.50% | -0.29% | - | +0.00% | +0.42% | +0.78% |
| Change | -0.6834 | -0.1095 | -0.0631 | - | +0.0006 | +0.0911 | +0.1714 |
| Level | Major | Major | Minor | - | Minor | Intermediate | Intermediate |
Attention could also be paid to pivot points to set price objectives:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 21.5573 | 21.6548 | 21.7586 | 21.8561 | 21.9599 | 22.0574 | 22.1612 |
| Camarilla | 21.8070 | 21.8255 | 21.8440 | 21.8624 | 21.8809 | 21.8993 | 21.9178 |
| Woodie | 21.5605 | 21.6564 | 21.7618 | 21.8577 | 21.9631 | 22.0590 | 22.1644 |
| Fibonacci | 21.6548 | 21.7317 | 21.7792 | 21.8561 | 21.9330 | 21.9805 | 22.0574 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 21.7070 | 21.8570 | 21.9564 | 22.1064 | 22.2058 | 22.3558 | 22.4552 |
| Camarilla | 21.9872 | 22.0101 | 22.0329 | 22.0558 | 22.0787 | 22.1015 | 22.1244 |
| Woodie | 21.6817 | 21.8444 | 21.9311 | 22.0938 | 22.1805 | 22.3432 | 22.4299 |
| Fibonacci | 21.8570 | 21.9523 | 22.0111 | 22.1064 | 22.2017 | 22.2605 | 22.3558 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 21.3779 | 21.9494 | 22.2848 | 22.8563 | 23.1917 | 23.7632 | 24.0986 |
| Camarilla | 22.3708 | 22.4539 | 22.5371 | 22.6202 | 22.7033 | 22.7865 | 22.8696 |
| Woodie | 21.2599 | 21.8904 | 22.1668 | 22.7973 | 23.0737 | 23.7042 | 23.9806 |
| Fibonacci | 21.9494 | 22.2958 | 22.5099 | 22.8563 | 23.2027 | 23.4168 | 23.7632 |
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): | 47.83 | |
| MACD (12,26,9): | 0.0124 | |
| Directional Movement: | 0.4420 | |
| AROON (14): | -42.8571 | |
| DEMA (21): | 21.8927 | |
| Parabolic SAR (0,02-0,02-0,2): | 21.8557 | |
| Elder Ray (13): | 0.0002 | |
| Super Trend (3,10): | 21.8266 | |
| Zig ZAG (10): | 21.8654 | |
| VORTEX (21): | 1.0776 | |
| Stochastique (14,3,5): | 53.98 | |
| TEMA (21): | 21.9041 | |
| Williams %R (14): | -73.37 | |
| Chande Momentum Oscillator (20): | 0.0037 | |
| Repulse (5,40,3): | -0.2055 | |
| ROCnROLL: | 2 | |
| TRIX (15,9): | 0.0098 | |
| Courbe Coppock: | 0.06 |
| MA7: | 21.9318 | |
| MA20: | 22.2433 | |
| MA50: | 22.7380 | |
| MA100: | 23.7089 | |
| MAexp7: | 21.8889 | |
| MAexp20: | 21.8764 | |
| MAexp50: | 21.8722 | |
| MAexp100: | 21.9070 | |
| Price / MA7: | -0.32% | |
| Price / MA20: | -1.72% | |
| Price / MA50: | -3.85% | |
| Price / MA100: | -7.79% | |
| Price / MAexp7: | -0.12% | |
| Price / MAexp20: | -0.07% | |
| Price / MAexp50: | -0.05% | |
| Price / MAexp100: | -0.21% |
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.
About author
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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…
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