CAD/NOK

- NOK (-)

- Real time data - Forex

Open:	-
Change:	-
Volume:	-

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

Type:	Forex
Ticker:	CADNOK
ISIN:

CAD/NOK - 1H - Technical analysis published on 05/23/2025 (GMT)

Timeframe : 1H
- Analysis generated on
Status : NEUTRAL

Summary of the analysis

Trends

Short term: Bullish

Underlying: Slightly bearish

Technical indicators

56%

11%

33%

My opinion

Neutral between 7.3307 NOK and 7.3825 NOK

My targets

My analysis

The short-term increase on CAD/NOK 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 7.3825 NOK. The first support is located at 7.3307 NOK. 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.

In the very short term, technical indicators are bullish 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 CAD/NOK price is 7.3587 NOK. The price registered a decrease of -0.06% on the session and was between 7.3079 NOK and 7.3730 NOK. This implies that the price is at +0.70% from its lowest and at -0.19% from its highest.

7.3079

7.3730

7.3587

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

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:

The study of the highest / lowest by the Central Records scanner shows the following results:

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

Technical

Technical analysis of this 1H chart of CAD/NOK indicates that the overall trend is slightly bearish. Only 53.57% of the signals given by moving averages are bearish. This slightly bearish trend could turn neutral or reverse given the slightly bullish signals currently being given by short-term moving averages. An assessment of moving averages reveals several bearish and bullish signals:

Bullish trend reversal : adaptative moving average 50

Type : Bullish

Timeframe : 1 hour

Moving Average bearish crossovers : MA20 & MA50

Type : Bearish

Timeframe : 1 hour

Bullish price crossover with Moving Average 100

Type : Bullish

Timeframe : 1 hour

Bullish price crossover with adaptative moving average 100

Type : Bullish

Timeframe : 1 hour

In fact, 10 technical indicators on 18 studied are currently bullish. Central Indicators, the detector scanner for these technical indicators has recently detected several signals:

Pivot points : price is under support 1 (Daily)

Type : Neutral

Timeframe : Weekly

Price is back over the pivot point (Daily)

Type : Bullish

Timeframe : 1 hour

Momentum indicator is back over 0

Type : Bullish

Timeframe : 1 hour

Pivot points : price is under support 1 (Weekly)

Type : Neutral

Timeframe : 1 hour

Pivot points : price is under support 1 (Monthly)

Type : Neutral

Timeframe : 1 hour

An analysis of the price chart with the Central Patterns scanner (detector of chart patterns and resistances and supports) shows several results that can have an impact on the price change:

Near horizontal support

Type : Bullish

Timeframe : 1 hour

Support of channel is broken

Type : Bearish

Timeframe : 1 hour

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

ProTrendLines

Price

	S3	S2	S1	Price	R1	R2	R3
ProTrendLines	7.1681	7.3044	7.3307	7.3587	7.3593	7.3825	7.4138
Change (%)	-2.59%	-0.74%	-0.38%	-	+0.01%	+0.32%	+0.75%
Change	-0.1906	-0.0543	-0.0280	-	+0.0006	+0.0238	+0.0551
Level	Intermediate	Major	Intermediate	-	Minor	Minor	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	7.2977	7.3142	7.3387	7.3552	7.3797	7.3962	7.4207
Camarilla	7.3519	7.3557	7.3594	7.3632	7.3670	7.3707	7.3745
Woodie	7.3017	7.3162	7.3427	7.3572	7.3837	7.3982	7.4247
Fibonacci	7.3142	7.3299	7.3395	7.3552	7.3709	7.3805	7.3962

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	7.2469	7.3147	7.3716	7.4394	7.4963	7.5641	7.6210
Camarilla	7.3941	7.4055	7.4170	7.4284	7.4398	7.4513	7.4627
Woodie	7.2414	7.3120	7.3661	7.4367	7.4908	7.5614	7.6155
Fibonacci	7.3147	7.3624	7.3918	7.4394	7.4871	7.5165	7.5641

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	6.6794	6.9500	7.2468	7.5174	7.8142	8.0848	8.3816
Camarilla	7.3877	7.4397	7.4917	7.5437	7.5957	7.6477	7.6997
Woodie	6.6926	6.9566	7.2600	7.5240	7.8274	8.0914	8.3948
Fibonacci	6.9500	7.1667	7.3006	7.5174	7.7341	7.8680	8.0848

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):	50.95
MACD (12,26,9):	0.0001
Directional Movement:	5.0478
AROON (14):	7.1428
DEMA (21):	7.3501
Parabolic SAR (0,02-0,02-0,2):	7.3177
Elder Ray (13):	0.0052
Super Trend (3,10):	7.3044
Zig ZAG (10):	7.3520
VORTEX (21):	0.9860
Stochastique (14,3,5):	68.00
TEMA (21):	7.3506
Williams %R (14):	-31.80
Chande Momentum Oscillator (20):	0.0025
Repulse (5,40,3):	-0.0739
ROCnROLL:	-1
TRIX (15,9):	-0.0014
Courbe Coppock:	0.08

MA7:	7.3873
MA20:	7.4544
MA50:	7.4726
MA100:	7.6309
MAexp7:	7.3527
MAexp20:	7.3499
MAexp50:	7.3522
MAexp100:	7.3644
Price / MA7:	-0.39%
Price / MA20:	-1.28%
Price / MA50:	-1.52%
Price / MA100:	-3.57%
Price / MAexp7:	+0.08%
Price / MAexp20:	+0.12%
Price / MAexp50:	+0.09%
Price / MAexp100:	-0.08%

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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