JPY/SEK

- SEK (-)

- Real time data - Forex

Open:	-
Change:	-
Volume:	-

Low:	-
High:	-
High / Low range:	-

Type:	Forex
Ticker:	JPYSEK
ISIN:

JPY/SEK - Daily - Technical analysis published on 08/24/2023 (GMT)

Timeframe : Daily
- Analysis generated on
Status : NEUTRAL

Summary of the analysis

Trends

Short term: Bullish

Underlying: Slightly bearish

Technical indicators

89%

My opinion

Neutral between 0.07392 SEK and 0.07610 SEK

My targets

My analysis

The short-term increase on JPY/SEK remains moderate but could challenge the slightly bearish basic trend. It is difficult to advise a trading direction under these conditions. The first resistance is located at 0.07610 SEK. The first support is located at 0.07392 SEK. You could remain on the sidelines waiting for a more pronounced price movement on this instrument. A new analysis could then be carried out to provide clearer signals.

Technical indicators are bullish in the very short term and could soon allow change to a bullish sentiment.

Comment on the analysis

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.

This analysis was given by Londinia. Take part yourself by sharing additional analysis on another time unit:

Additional analysis

Quotes

The JPY/SEK price is 0.07542 SEK. The price is lower by -0.01% since the last closing with the lowest point at 0.07514 SEK and the highest point at 0.07556 SEK. The deviation from the price is +0.37% for the low point and -0.19% for the high point.

0.07514

0.07556

0.07542

Here is a more detailed summary of the historical variations registered by JPY/SEK:

The Central Records scanner, which identifies the highest / lowest, has detected several elements:

Near a new LOW record (5 years)

Type : Bearish

Timeframe : Weekly

Near a new LOW record (1 year)

Type : Bearish

Timeframe : Weekly

Near a new LOW record (1st january)

Type : Bearish

Timeframe : Weekly

Near a new LOW record (1 month)

Type : Bearish

Timeframe : Weekly

Technical

A technical analysis in Daily of this JPY/SEK chart shows a slightly bearish trend. 60.71% of the signals given by moving averages are bearish. Caution: the slightly bullish signals currently being given by short-term moving averages indicate that this overall trend could be reversed. The Central Indicators scanner detects a bullish signal on moving averages that could impact this trend:

Bullish trend reversal : adaptative moving average 50

Type : Bullish

Timeframe : Daily

In fact, 16 technical indicators on 18 studied are currently positioned bullish. Caution: the Central Indicators scanner currently detects an excess:

CCI indicator is overbought : over 100

Type : Neutral

Timeframe : Daily

CCI indicator: bearish divergence

Type : Bearish

Timeframe : Daily

The Central Indicators scanner found no further results concerning independent technical indicators.

Central Patterns, the market scanner focusing on chart patterns, resistances and supports found these results:

Near resistance of channel

Type : Bearish

Timeframe : Daily

Near resistance of triangle

Type : Bearish

Timeframe : Daily

Near horizontal support

Type : Bullish

Timeframe : Daily

The Central Candlesticks scanner which studies Japanese candlesticks did not detect anything.

ProTrendLines

Price

	S3	S2	S1	Price	R1	R2	R3
ProTrendLines	0.07324	0.07392	0.07534	0.07542	0.07823	0.07982	0.08126
Change (%)	-2.89%	-1.99%	-0.11%	-	+3.73%	+5.83%	+7.74%
Change	-0.00218	-0.00150	-0.00008	-	+0.00281	+0.00440	+0.00584
Level	Major	Major	Major	-	Minor	Intermediate	Major

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	0.07376	0.07429	0.07486	0.07539	0.07596	0.07649	0.07706
Camarilla	0.07513	0.07523	0.07533	0.07543	0.07553	0.07563	0.07573
Woodie	0.07378	0.07430	0.07488	0.07540	0.07598	0.07650	0.07708
Fibonacci	0.07429	0.07471	0.07497	0.07539	0.07581	0.07607	0.07649

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	0.07285	0.07345	0.07450	0.07510	0.07615	0.07675	0.07780
Camarilla	0.07510	0.07525	0.07540	0.07555	0.07570	0.07585	0.07600
Woodie	0.07308	0.07356	0.07473	0.07521	0.07638	0.07686	0.07803
Fibonacci	0.07345	0.07408	0.07447	0.07510	0.07573	0.07612	0.07675

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	0.06866	0.07081	0.07238	0.07453	0.07610	0.07825	0.07982
Camarilla	0.07292	0.07326	0.07360	0.07394	0.07428	0.07462	0.07496
Woodie	0.06836	0.07067	0.07208	0.07439	0.07580	0.07811	0.07952
Fibonacci	0.07081	0.07223	0.07311	0.07453	0.07595	0.07683	0.07825

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):	55.57
MACD (12,26,9):	0.0002
Directional Movement:	11.21595
AROON (14):	64.28571
DEMA (21):	0.07493
Parabolic SAR (0,02-0,02-0,2):	0.07370
Elder Ray (13):	0.00043
Super Trend (3,10):	0.07592
Zig ZAG (10):	0.07539
VORTEX (21):	1.0815
Stochastique (14,3,5):	76.92
TEMA (21):	0.07528
Williams %R (14):	-20.08
Chande Momentum Oscillator (20):	0.00057
Repulse (5,40,3):	0.4690
ROCnROLL:	1
TRIX (15,9):	0.0041
Courbe Coppock:	1.60

MA7:	0.07513
MA20:	0.07467
MA50:	0.07473
MA100:	0.07579
MAexp7:	0.07512
MAexp20:	0.07481
MAexp50:	0.07502
MAexp100:	0.07563
Price / MA7:	+0.39%
Price / MA20:	+1.00%
Price / MA50:	+0.92%
Price / MA100:	-0.49%
Price / MAexp7:	+0.40%
Price / MAexp20:	+0.82%
Price / MAexp50:	+0.53%
Price / MAexp100:	-0.28%

Quotes : - Real time data - Forex

This member declared not having a position on this financial instrument or a related financial instrument.

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