Londinia Opportunities Analyses - 09/26/2022 (GMT) CHF/TRY - 1H
- FX/Indices
- Timeframe : 1H
- - Analysis generated on
- Status : INVALID
Summary of the analysis
Trends
Short term:
Strongly bearish
Underlying:
Strongly bearish
Technical indicators
11%
78%
11%
My opinion
Bearish under 18.6608 TRY
My targets
18.4090 TRY (-0.1381)
18.1572 TRY (-0.3899)
My analysis
CHF/TRY is part of a very strong bearish trend. Traders may consider trading only short positions (for sale) as long as the price remains well below 18.6608 TRY. The next support located at 18.4090 TRY is the next bearish objective to target. A bearish break of this support would revive the bearish momentum. The bearish movement could then continue towards the next support located at 18.1572 TRY. Below this support, sellers could then target 18.1544 TRY. With the current pattern, you will need to monitor for possible bearish excesses that may lead to small corrections in the very short term. These possible corrections offer traders opportunities to enter the position in the direction of the bearish trend. Trying to profit from the purchase of these possible corrections may seem risky.
Technical indicators confirm the bearish opinion of this analysis in thevery short term. However, be careful of excessive bearish movements. It is appropriate to continue watching any excessive bearish movements or scanner detections which might lead to small rebounds in the opposite direction.
Force
0
10
8.2
Analysis too old. There are no more charts available.
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Additional analysis
Quotes
The CHF/TRY rating is 18.5471 TRY. The price registered a decrease of -1.10% on the session with the lowest point at 18.5400 TRY and the highest point at 18.8351 TRY. The deviation from the price is +0.04% for the low point and -1.53% for the high point.18.5400
18.8351
18.5471
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
So that you have an overall view of the price change, here is a table showing the variations over several periods:
Near a new HIGH record (1st january)
Type : Bullish
Timeframe : Weekly
Near a new HIGH record (1 month)
Type : Bullish
Timeframe : Weekly
Technical
Technical analysis of CHF/TRY in 1H shows a overall strongly bearish trend. 92.86% of the signals given by moving averages are bearish. The overall trend is supported by the strong bearish signals from short-term moving averages. The Central Indicators scanner does not detect any result on moving averages that would impact this trend.
The probability of a further decline is high given the direction of the technical indicators.
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
Pivot points : price is under support 3
Type : Neutral
Timeframe : 1 hour
Central Patterns, the market scanner focusing on chart patterns, resistances and supports found these results:
Near horizontal support
Type : Bullish
Timeframe : 1 hour
Support of channel 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 | 16.0052 | 17.3227 | 18.1544 | 18.5471 | 18.6608 | 18.7129 | 18.8624 |
| Change (%) | -13.71% | -6.60% | -2.12% | - | +0.61% | +0.89% | +1.70% |
| Change | -2.5419 | -1.2244 | -0.3927 | - | +0.1137 | +0.1658 | +0.3153 |
| Level | Major | Minor | Major | - | Intermediate | Minor | Intermediate |
Attention could also be paid to pivot points to set price objectives:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 18.5261 | 18.6171 | 18.6848 | 18.7758 | 18.8435 | 18.9345 | 19.0022 |
| Camarilla | 18.7090 | 18.7235 | 18.7381 | 18.7526 | 18.7672 | 18.7817 | 18.7962 |
| Woodie | 18.5146 | 18.6113 | 18.6733 | 18.7700 | 18.8320 | 18.9287 | 18.9907 |
| Fibonacci | 18.6171 | 18.6777 | 18.7151 | 18.7758 | 18.8364 | 18.8738 | 18.9345 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 18.1572 | 18.4090 | 18.5808 | 18.8326 | 19.0044 | 19.2562 | 19.4280 |
| Camarilla | 18.6361 | 18.6749 | 18.7138 | 18.7526 | 18.7914 | 18.8303 | 18.8691 |
| Woodie | 18.1172 | 18.3890 | 18.5408 | 18.8126 | 18.9644 | 19.2362 | 19.3880 |
| Fibonacci | 18.4090 | 18.5708 | 18.6708 | 18.8326 | 18.9944 | 19.0944 | 19.2562 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 17.7214 | 18.1256 | 18.3536 | 18.7578 | 18.9858 | 19.3900 | 19.6180 |
| Camarilla | 18.4079 | 18.4658 | 18.5238 | 18.5817 | 18.6397 | 18.6976 | 18.7556 |
| Woodie | 17.6334 | 18.0816 | 18.2656 | 18.7138 | 18.8978 | 19.3460 | 19.5300 |
| Fibonacci | 18.1256 | 18.3671 | 18.5163 | 18.7578 | 18.9993 | 19.1485 | 19.3900 |
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): | 35.26 | |
| MACD (12,26,9): | -0.0388 | |
| Directional Movement: | -10.8526 | |
| AROON (14): | -64.2857 | |
| DEMA (21): | 18.6390 | |
| Parabolic SAR (0,02-0,02-0,2): | 18.7423 | |
| Elder Ray (13): | -0.0779 | |
| Super Trend (3,10): | 18.7817 | |
| Zig ZAG (10): | 18.5720 | |
| VORTEX (21): | 0.8718 | |
| Stochastique (14,3,5): | 8.55 | |
| TEMA (21): | 18.6176 | |
| Williams %R (14): | -98.56 | |
| Chande Momentum Oscillator (20): | -0.1472 | |
| Repulse (5,40,3): | -0.4904 | |
| ROCnROLL: | 2 | |
| TRIX (15,9): | -0.0199 | |
| Courbe Coppock: | 1.18 |
| MA7: | 18.8530 | |
| MA20: | 18.8005 | |
| MA50: | 18.7585 | |
| MA100: | 17.9564 | |
| MAexp7: | 18.6317 | |
| MAexp20: | 18.6850 | |
| MAexp50: | 18.7416 | |
| MAexp100: | 18.8064 | |
| Price / MA7: | -1.62% | |
| Price / MA20: | -1.35% | |
| Price / MA50: | -1.13% | |
| Price / MA100: | +3.29% | |
| Price / MAexp7: | -0.45% | |
| Price / MAexp20: | -0.74% | |
| Price / MAexp50: | -1.04% | |
| Price / MAexp100: | -1.38% |
Quotes :
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Real time data
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Forex