Londinia Opportunities Analyses - 09/22/2021 (GMT) CHF/TRY - 1H
- FX/Indices
- Timeframe : 1H
- - Analysis generated on
- Status : INVALID
Summary of the analysis
Trends
Short term:
Strongly bullish
Underlying:
Strongly bullish
Technical indicators
78%
6%
17%
My opinion
Bullish above 9.3616 TRY
My targets
9.4020 TRY (+0.0245)
9.4658 TRY (+0.0883)
My analysis
All elements being clearly bullish, it would be possible for traders to trade only long positions (at the time of purchase) on CHF/TRY as long as the price remains well above 9.3616 TRY. The buyers' bullish objective is set at 9.4020 TRY. A bullish break in this resistance would boost the bullish momentum. The buyers could then target the resistance located at 9.4658 TRY. If there is any crossing, the next objective would be the resistance located at 9.6380 TRY. However, beware of bullish excesses that could lead to a possible short-term correction; but this possible correction would not be tradeable.
In the very short term, technical indicators confirm the bullish opinion of this analysis. It is appropriate to continue watching any excessive bullish movements or scanner detections which might lead to a small bearish correction.
Force
0
10
8.4
Analysis too old. There are no more charts available.
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.
Additional analysis
Quotes
The CHF/TRY rating is 9.3775 TRY. The price registered an increase of +0.39% on the session with the lowest point at 9.3090 TRY and the highest point at 9.3842 TRY. The deviation from the price is +0.74% for the low point and -0.07% for the high point.9.3090
9.3842
9.3775
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
Here is a more detailed summary of the historical variations registered by CHF/TRY:
Near a new HIGH record (5 years)
Type : Bullish
Timeframe : Weekly
Near a new HIGH record (1st january)
Type : Bullish
Timeframe : Weekly
Near a new LOW record (1 month)
Type : Bearish
Timeframe : Weekly
Technical
A technical analysis in 1H of this CHF/TRY chart shows a strongly bullish trend. 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. An assessment of moving averages reveals several bearish and bullish signals:
Moving Average bearish crossovers : AMA20 & AMA50
Type : Bearish
Timeframe : 1 hour
Bullish price crossover with Moving Average 50
Type : Bullish
Timeframe : 1 hour
Bullish price crossover with adaptative moving average 20
Type : Bullish
Timeframe : 1 hour
In fact, 14 technical indicators on 18 studied are currently bullish. Caution: the Central Indicators scanner currently detects an excess:
Williams %R indicator is overbought : over -20
Type : Neutral
Timeframe : 1 hour
Pivot points : price is over resistance 1
Type : Neutral
Timeframe : Weekly
RSI indicator is back over 50
Type : Bullish
Timeframe : 1 hour
Parabolic SAR indicator bullish reversal
Type : Bullish
Timeframe : 1 hour
Aroon indicator bullish trend
Type : Bullish
Timeframe : 1 hour
Ichimoku : price is over the cloud
Type : Bullish
Timeframe : 1 hour
MACD indicator is back over 0
Type : Bullish
Timeframe : 1 hour
The Central Patterns scanner, which studies chart patterns, resistances and supports, has identified this signal:
Horizontal support is broken
Type : Bearish
Timeframe : 1 hour
The Central Candlesticks scanner, specialised in Japanese candlesticks, did not identify any signals.
ProTrendLines
S3
S2
S1
R1
R2
Price
| S3 | S2 | S1 | Price | R1 | R2 | |
|---|---|---|---|---|---|---|
| ProTrendLines | 9.2895 | 9.3323 | 9.3616 | 9.3775 | 9.4658 | 9.6380 |
| Change (%) | -0.94% | -0.48% | -0.17% | - | +0.94% | +2.78% |
| Change | -0.0880 | -0.0452 | -0.0159 | - | +0.0883 | +0.2605 |
| Level | Minor | Minor | Intermediate | - | Major | Minor |
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 |
|---|---|---|---|---|---|---|---|
| Standard | 9.2053 | 9.2474 | 9.2942 | 9.3363 | 9.3831 | 9.4252 | 9.4720 |
| Camarilla | 9.3166 | 9.3247 | 9.3329 | 9.3410 | 9.3492 | 9.3573 | 9.3655 |
| Woodie | 9.2077 | 9.2486 | 9.2966 | 9.3375 | 9.3855 | 9.4264 | 9.4744 |
| Fibonacci | 9.2474 | 9.2814 | 9.3023 | 9.3363 | 9.3703 | 9.3912 | 9.4252 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 8.9885 | 9.0568 | 9.1611 | 9.2294 | 9.3337 | 9.4020 | 9.5063 |
| Camarilla | 9.2178 | 9.2337 | 9.2495 | 9.2653 | 9.2811 | 9.2969 | 9.3128 |
| Woodie | 9.0064 | 9.0658 | 9.1790 | 9.2384 | 9.3516 | 9.4110 | 9.5242 |
| Fibonacci | 9.0568 | 9.1228 | 9.1635 | 9.2294 | 9.2954 | 9.3361 | 9.4020 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 8.5160 | 8.7885 | 8.9385 | 9.2110 | 9.3610 | 9.6335 | 9.7835 |
| Camarilla | 8.9724 | 9.0111 | 9.0499 | 9.0886 | 9.1273 | 9.1661 | 9.2048 |
| Woodie | 8.4549 | 8.7579 | 8.8774 | 9.1804 | 9.2999 | 9.6029 | 9.7224 |
| Fibonacci | 8.7885 | 8.9499 | 9.0496 | 9.2110 | 9.3724 | 9.4721 | 9.6335 |
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): | 69.84 | |
| MACD (12,26,9): | 0.0061 | |
| Directional Movement: | 11.9856 | |
| AROON (14): | 21.4286 | |
| DEMA (21): | 9.3526 | |
| Parabolic SAR (0,02-0,02-0,2): | 9.3118 | |
| Elder Ray (13): | 0.0276 | |
| Super Trend (3,10): | 9.3127 | |
| Zig ZAG (10): | 9.3797 | |
| VORTEX (21): | 1.0557 | |
| Stochastique (14,3,5): | 92.08 | |
| TEMA (21): | 9.3518 | |
| Williams %R (14): | -5.72 | |
| Chande Momentum Oscillator (20): | 0.0466 | |
| Repulse (5,40,3): | 0.4307 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | 0.0022 | |
| Courbe Coppock: | 0.11 |
| MA7: | 9.2643 | |
| MA20: | 9.1765 | |
| MA50: | 9.2562 | |
| MA100: | 9.3398 | |
| MAexp7: | 9.3434 | |
| MAexp20: | 9.3448 | |
| MAexp50: | 9.3293 | |
| MAexp100: | 9.2963 | |
| Price / MA7: | +1.22% | |
| Price / MA20: | +2.19% | |
| Price / MA50: | +1.31% | |
| Price / MA100: | +0.40% | |
| Price / MAexp7: | +0.36% | |
| Price / MAexp20: | +0.35% | |
| Price / MAexp50: | +0.52% | |
| Price / MAexp100: | +0.87% |
Quotes :
-
Real time data
-
Forex