CAD/HUF
CAD HUF
- HUF (-)
- Real time data - Forex
Open: -
Change: -
Volume: -
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High: -
High / Low range: -
Type: Forex
Ticker: CADHUF
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CAD/HUF - 1H - Technical analysis published on 04/30/2025 (GMT)

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  • Timeframe : 1H
  • - Analysis generated on
  • Status : TARGET REACHED

Summary of the analysis

Trends
Short term: Strongly bullish
Underlying: Strongly bullish
Technical indicators
72%
0%
28%
My opinion
Bullish above 257.69 HUF
My targets
259.36 HUF (+0.44)
260.54 HUF (+1.62)
My analysis
CAD/HUF is part of a very strong bullish trend. Traders may consider trading only long positions (at the time of purchase) as long as the price remains well above 257.69 HUF. The next resistance located at 259.36 HUF is the next bullish objective to be reached. A bullish break in this resistance would boost the bullish momentum. The bullish movement could then continue towards the next resistance located at 260.54 HUF. After this resistance, buyers could then target 262.48 HUF. With the current pattern, you will need to monitor for possible bullish 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 bullish trend. Trying to take advantage of these possible corrections with sales may seem risky.

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
7.7

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:
15 min. Daily Weekly

Additional analysis

Quotes

The CAD/HUF price is 258.92 HUF. The price has increased by +0.85% since the last closing and was between 256.35 HUF and 259.27 HUF. This implies that the price is at +1.00% from its lowest and at -0.13% from its highest.

256.35
259.27
258.92

The Central Gaps scanner detects a bullish opening. A small advantage for buyers in the very short term.

Central Gaps

Bullish opening

Type : Bullish

Timeframe : Openning



Here is a more detailed summary of the historical variations registered by CAD/HUF:
The Central Records scanner, which identifies the highest / lowest, has detected several elements:

Central Records

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 HIGH record (1 month)

Type : Bullish

Timeframe : Weekly



The Central Volumes scanner detects abnormal volumes on the asset:

Central Volumes

Abnormal volumes

Timeframe : 20 days

Technical


Technical analysis of this 1H chart of CAD/HUF indicates that the overall trend is strongly bullish. 85.71% of the signals given by moving averages are bullish. This strongly bullish trend is supported by the strong bullish signals given by short-term moving averages. The Central Indicators scanner does not detect any result on moving averages that would impact this trend.

In fact, 13 technical indicators on 18 studied are currently positioned bullish. Caution: the Central Indicators scanner currently detects an excess:

Central Indicators

CCI indicator is overbought : over 100

Type : Neutral

Timeframe : 1 hour


RSI indicator: bearish divergence

Type : Bearish

Timeframe : 1 hour


Williams %R indicator is overbought : over -20

Type : Neutral

Timeframe : 1 hour

Central Indicators, the scanner specialised in technical indicators, has identified these signals:

Central Indicators

Pivot points : price is over resistance 3 (Daily)

Type : Neutral

Timeframe : 1 hour


Price is back over the pivot point (Daily)

Type : Bullish

Timeframe : Weekly



The Central Patterns scanner, which studies chart patterns, resistances and supports, has identified this signal:

Central Patterns

Resistance of channel is broken

Type : Bullish

Timeframe : 1 hour



No result was found by the Central Candlesticks scanner on Japanese candlesticks.


ProTrendLines
S3
S2
S1
R1
R2
R3
Price


S3S2S1PriceR1R2R3
ProTrendLines 256.82 257.69 258.83 258.92 259.36 260.54 262.48
Change (%) -0.81% -0.48% -0.03% - +0.17% +0.63% +1.37%
Change -2.10 -1.23 -0.09 - +0.44 +1.62 +3.56
Level Major Minor Minor - Major Intermediate Intermediate



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
Standard254.70255.18255.96256.44257.22257.70258.48
Camarilla256.40256.52256.64256.75256.87256.98257.10
Woodie254.86255.26256.12256.52257.38257.78258.64
Fibonacci255.18255.66255.96256.44256.92257.22257.70


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard249.65252.45254.93257.73260.21263.01265.49
Camarilla255.95256.43256.92257.40257.88258.37258.85
Woodie249.48252.37254.76257.65260.04262.93265.32
Fibonacci252.45254.47255.72257.73259.75261.00263.01


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard235.08243.94251.32260.18267.56276.42283.80
Camarilla254.23255.72257.21258.70260.19261.68263.17
Woodie234.34243.57250.58259.81266.82276.05283.06
Fibonacci243.94250.14253.98260.18266.38270.22276.42

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): 70.72
MACD (12,26,9): 0.5800
Directional Movement: 17.61
AROON (14): 57.14
DEMA (21): 258.55
Parabolic SAR (0,02-0,02-0,2): 257.57
Elder Ray (13): 0.60
Super Trend (3,10): 257.37
Zig ZAG (10): 258.84
VORTEX (21): 1.1800
Stochastique (14,3,5): 85.60
TEMA (21): 258.95
Williams %R (14): -14.58
Chande Momentum Oscillator (20): 1.58
Repulse (5,40,3): 0.1200
ROCnROLL: 1
TRIX (15,9): 0.0200
Courbe Coppock: 1.27
MA7: 258.16
MA20: 259.02
MA50: 259.70
MA100: 267.25
MAexp7: 258.60
MAexp20: 257.87
MAexp50: 257.33
MAexp100: 257.36
Price / MA7: +0.29%
Price / MA20: -0.04%
Price / MA50: -0.30%
Price / MA100: -3.12%
Price / MAexp7: +0.12%
Price / MAexp20: +0.41%
Price / MAexp50: +0.62%
Price / MAexp100: +0.61%

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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