Londinia Opportunities Analyses - 09/22/2021 (GMT) NZD/PLN - 1H

- PLN (-)
- Real time data - Forex
Type: Forex
Ticker: NZDPLN
ISIN:

I am delighted to see that my first price objective has been achieved. I hope you've taken advantage of it.
  • FX/Indices
  • Timeframe : 1H
  • - Analysis generated on
  • Status : TARGET REACHED

Summary of the analysis

Trends
Short term: Bullish
Underlying: Strongly bullish
Technical indicators
61%
11%
28%
My opinion
Bullish above 2.7593 PLN
My targets
2.7749 PLN (+0.0093)
2.7822 PLN (+0.0166)
My analysis
The basic bullish trend is very strong on NZD/PLN but the short term shows some signs of running out of steam. However, a purchase could be considered as long as the price remains above 2.7593 PLN. Crossing the first resistance at 2.7749 PLN would be a sign of a potential new surge in the price. Buyers would then use the next resistance located at 2.7822 PLN as an objective. Crossing it would then enable buyers to target 2.8018 PLN. Caution, a return to below 2.7593 PLN would be a sign of a consolidation phase in the short-term basic trend. If this is the case, remember that trading against the trend may be riskier. It would seem more appropriate to wait for a signal indicating reversal of the trend.

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
7

Analysis too old. There are no more charts available.

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Additional analysis

Quotes

The NZD/PLN rating is 2.7656 PLN. The price has increased by +0.25% since the last closing with the lowest point at 2.7570 PLN and the highest point at 2.7699 PLN. The deviation from the price is +0.31% for the low point and -0.16% for the high point.

2.7570
2.7699
2.7656

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.

Central Gaps

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 a strongly overall bullish trend. 89.29% of the signals given by moving averages are bullish. The slightly bullish signals given by the short-term moving averages indicate this trend is showing signs of running out of steam. The Central Indicators market scanner is currently detecting a bullish signal that could impact this trend:

Central Indicators

Bullish trend reversal : adaptative moving average 20

Type : Bullish

Timeframe : 1 hour



In fact, 11 technical indicators on 18 studied are currently positioned bullish. Central Indicators, the detector scanner for these technical indicators has recently detected several signals:

Central Indicators

Aroon indicator bullish trend

Type : Bullish

Timeframe : 1 hour


Price is back over the pivot point

Type : Bullish

Timeframe : Weekly


Momentum indicator is back over 0

Type : Bullish

Timeframe : 1 hour



Central Patterns, the scanner specializing in chart patterns, did not identify any signals.

Central Candlesticks, the scanner specialised in Japanese candlesticks, detects a bullish signal that could support the hypothesis of a small rebound in the very short term:

Central Candlesticks

Bullish harami

Type : Bullish

Timeframe : 1 hour




ProTrendLines
S3
S2
S1
R1
R2
R3
Price


S3S2S1PriceR1R2R3
ProTrendLines 2.7275 2.7475 2.7593 2.7656 2.7668 2.7749 2.7822
Change (%) -1.38% -0.65% -0.23% - +0.04% +0.34% +0.60%
Change -0.0381 -0.0181 -0.0063 - +0.0012 +0.0093 +0.0166
Level Intermediate Major Minor - Intermediate Intermediate Major



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
Standard2.72292.73652.74762.76122.77232.78592.7970
Camarilla2.75182.75412.75632.75862.76092.76312.7654
Woodie2.72162.73592.74632.76062.77102.78532.7957
Fibonacci2.73652.74602.75182.76122.77072.77652.7859


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard2.69262.71002.73292.75032.77322.79062.8135
Camarilla2.74462.74832.75202.75572.75942.76312.7668
Woodie2.69532.71142.73562.75172.77592.79202.8162
Fibonacci2.71002.72542.73492.75032.76572.77522.7906


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard2.57812.62422.66252.70862.74692.79302.8313
Camarilla2.67772.68542.69322.70092.70862.71642.7241
Woodie2.57432.62232.65872.70672.74312.79112.8275
Fibonacci2.62422.65642.67632.70862.74082.76072.7930

Numerical data


The following are the details of the technical indicators and moving averages that were collected to generate this technical analysis:

Technical indicators
Moving averages

RSI (14): 55.31
MACD (12,26,9): 0.0006
Directional Movement: 9.2976
AROON (14): 7.1428
DEMA (21): 2.7637
Parabolic SAR (0,02-0,02-0,2): 2.7670
Elder Ray (13): 0.0018
Super Trend (3,10): 2.7555
Zig ZAG (10): 2.7631
VORTEX (21): 0.9802
Stochastique (14,3,5): 41.34
TEMA (21): 2.7622
Williams %R (14): -53.49
Chande Momentum Oscillator (20): 0.0003
Repulse (5,40,3): -0.0024
ROCnROLL: 1
TRIX (15,9): 0.0031
Courbe Coppock: 0.28
MA7: 2.7533
MA20: 2.7276
MA50: 2.7150
MA100: 2.6931
MAexp7: 2.7626
MAexp20: 2.7626
MAexp50: 2.7605
MAexp100: 2.7560
Price / MA7: +0.45%
Price / MA20: +1.39%
Price / MA50: +1.86%
Price / MA100: +2.69%
Price / MAexp7: +0.10%
Price / MAexp20: +0.10%
Price / MAexp50: +0.17%
Price / MAexp100: +0.34%

Quotes : - Real time data - Forex