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CHF/HKD
CHF HKD
- HKD (-)
- Real time data - Forex
Open: -
Change: -
Volume: -
Low: -
High: -
High / Low range: -
Type: Forex
Ticker: CHFHKD
ISIN:

CHF/HKD - 1H - Technical analysis published on 12/01/2022 (GMT)

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  • Timeframe : 1H
  • - Analysis generated on
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Summary of the analysis

Trends
Short term: Strongly bullish
Underlying: Bullish
Technical indicators
72%
0%
28%
My opinion
Bullish above 8.2560 HKD
My targets
8.2888 HKD (+0.0204)
8.3071 HKD (+0.0387)
My analysis
CHF/HKD 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 8.2560 HKD. The next resistance located at 8.2888 HKD is the next bullish target 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 8.3071 HKD. After this resistance, buyers could then target 8.3326 HKD.

Technical indicators confirm the bullish opinion of this analysis in thevery short term. However, be careful of excessive bullish movements. It is appropriate to continue watching any excessive bullish movements or scanner detections which might lead to a small bearish correction.
Force
0
10
6.6

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.

Londinia
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 CHF/HKD rating is 8.2684 HKD. The price is lower by -0.01% since the last closing and was traded between 8.2631 HKD and 8.2847 HKD over the period. The price is currently at +0.06% from its lowest and -0.20% from its highest.

8.2631
8.2847
8.2684

A bearish opening was detected by the Central Gaps scanner. Sellers are trying to impose a bearish trend in the very short term.

Central Gaps

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:

Central Records

Near a new HIGH record (1 year)

Type : Bullish

Timeframe : Weekly


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 this 1H chart of CHF/HKD indicates that the overall trend is bullish. 75.00% of the signals given by moving averages are bullish. This bullish trend is supported by the strong bullish signals given by short-term moving averages. The Central Indicators market scanner currently does not detect any result that concerns moving averages.

Technical indicators are strongly bullish, suggesting that the price increase should continue.
Caution: the Central Indicators scanner currently detects an excess:

Central Indicators

Williams %R indicator is overbought : over -20

Type : Neutral

Timeframe : 1 hour

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

The analysis of the price chart with Central Patterns scanners does not return any result.

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


ProTrendLines
S3
S2
S1
R1
R2
R3
Price


S3S2S1PriceR1R2R3
ProTrendLines 8.1981 8.2354 8.2560 8.2684 8.2888 8.3071 8.3326
Change (%) -0.85% -0.40% -0.15% - +0.25% +0.47% +0.78%
Change -0.0703 -0.0330 -0.0124 - +0.0204 +0.0387 +0.0642
Level Minor Major Intermediate - 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
Standard8.09868.13528.20218.23878.30568.34228.4091
Camarilla8.24048.24998.25948.26898.27848.28798.2974
Woodie8.11378.14288.21728.24638.32078.34988.4242
Fibonacci8.13528.17488.19928.23878.27838.30278.3422


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard7.96068.04488.15208.23628.34348.42768.5348
Camarilla8.20668.22418.24178.25928.27688.29438.3118
Woodie7.97218.05068.16358.24208.35498.43348.5463
Fibonacci8.04488.11798.16318.23628.30938.35458.4276


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard7.25597.49587.88248.12238.50898.74889.1354
Camarilla8.09668.15408.21158.26898.32638.38388.4412
Woodie7.32927.53257.95578.15908.58228.78559.2087
Fibonacci7.49587.73527.88308.12238.36178.50958.7488

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): 62.32
MACD (12,26,9): 0.0168
Directional Movement: 11.5618
AROON (14): 71.4286
DEMA (21): 8.2678
Parabolic SAR (0,02-0,02-0,2): 8.2430
Elder Ray (13): 0.0117
Super Trend (3,10): 8.2179
Zig ZAG (10): 8.2706
VORTEX (21): 1.1695
Stochastique (14,3,5): 85.53
TEMA (21): 8.2814
Williams %R (14): -15.60
Chande Momentum Oscillator (20): 0.0651
Repulse (5,40,3): 0.0244
ROCnROLL: 1
TRIX (15,9): 0.0255
Courbe Coppock: 1.48
MA7: 8.2566
MA20: 8.1847
MA50: 8.0112
MA100: 8.0808
MAexp7: 8.2664
MAexp20: 8.2475
MAexp50: 8.2345
MAexp100: 8.2362
Price / MA7: +0.14%
Price / MA20: +1.02%
Price / MA50: +3.21%
Price / MA100: +2.32%
Price / MAexp7: +0.02%
Price / MAexp20: +0.25%
Price / MAexp50: +0.41%
Price / MAexp100: +0.39%

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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