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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 03/03/2023 (GMT)

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Londinia
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  • Timeframe : 1H
  • - Analysis generated on
  • Status : LEVEL MAINTAINED

Analysis too old. There are no more charts available.

Summary of the analysis

Trends
Short term: Strongly bullish
Underlying: Bullish
Technical indicators
89%
0%
11%
My opinion
Bullish above 8.3534 HKD
My targets
8.4024 HKD (+0.0249)
8.4458 HKD (+0.0683)
My analysis
In the short term, there could be an acceleration of the basic bullish trend on CHF/HKD. This is a positive signal for buyers. As long as the price remains above 8.3534 HKD, a purchase could be considered. The first bullish objective is located at 8.4024 HKD. The bullish momentum would be boosted by a break in this resistance. Buyers would then use the next resistance located at 8.4458 HKD as an objective. Crossing it would then enable buyers to target 8.4813 HKD. In the event of a return below 8.3534 HKD, the price would probably only initiate a small short-term correction to improve the bullish trend. Trading this correction may be risky.

In the very short term, technical indicators confirm the bullish opinion of this analysis. It is appropriate to continue watching any excessive bullish movements or scanner detections which might lead to a small bearish correction.
Force
0
10
6.8

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 8.3775 HKD. On the day, this instrument gained +0.54% with the lowest point at 8.3318 HKD and the highest point at 8.3775 HKD. The deviation from the price is +0.55% for the low point and 0% for the high point.

8.3318
8.3775
8.3775

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.

Central Gaps

Bullish opening

Type : Bullish

Timeframe : Openning



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

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 CHF/HKD in 1H shows an overall bullish trend. 71.43% 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 is currently detecting a bullish signal that could impact this trend:

Central Indicators

Bullish price crossover with Moving Average 100

Type : Bullish

Timeframe : 1 hour



The probability of a further increase is high given the direction of the technical indicators.
Caution: the Central Indicators scanner currently detects an excess:

Central Indicators

CCI indicator is overbought : over 100

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 1

Type : Neutral

Timeframe : 1 hour


Ichimoku : price is over the cloud

Type : Bullish

Timeframe : 1 hour



The Central Patterns scanner, which studies chart patterns, resistances and supports, has identified these signals:

Central Patterns

Near horizontal resistance

Type : Bearish

Timeframe : 1 hour


Near resistance of triangle

Type : Bearish

Timeframe : 1 hour


Resistance of channel is broken

Type : Bullish

Timeframe : 1 hour



The presence of a bullish Japanese candlestick pattern detected by Central Candlesticks that could cause a very short term rebound was also detected:

Central Candlesticks

Bullish engulfing lines

Type : Bullish

Timeframe : 1 hour




ProTrendLines
S3
S2
S1
R1
R2
R3
Price


S3S2S1PriceR1R2R3
ProTrendLines 8.3151 8.3308 8.3534 8.3775 8.4024 8.4458 8.4813
Change (%) -0.74% -0.56% -0.29% - +0.30% +0.82% +1.24%
Change -0.0624 -0.0467 -0.0241 - +0.0249 +0.0683 +0.1038
Level Major Major Intermediate - Intermediate Minor Major



Attention could also be paid to pivot points to set price objectives:

Daily
Pivot points S3 S2 S1 PP R1 R2 R3
Standard8.27088.29308.31278.33498.35468.37688.3965
Camarilla8.32108.32488.32878.33258.33638.34028.3440
Woodie8.26978.29248.31168.33438.35358.37628.3954
Fibonacci8.29308.30908.31898.33498.35098.36088.3768


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard8.13168.23538.28948.39318.44728.55098.6050
Camarilla8.30028.31478.32918.34368.35818.37258.3870
Woodie8.10698.22298.26478.38078.42258.53858.5803
Fibonacci8.23538.29568.33288.39318.45348.49068.5509


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard7.88538.10368.21758.43588.54978.76808.8819
Camarilla8.24028.27068.30118.33158.36208.39248.4229
Woodie7.83328.07758.16548.40978.49768.74198.8298
Fibonacci8.10368.23058.30898.43588.56278.64118.7680

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): 65.95
MACD (12,26,9): 0.0037
Directional Movement: 17.0954
AROON (14): 100.0000
DEMA (21): 8.3451
Parabolic SAR (0,02-0,02-0,2): 8.3276
Elder Ray (13): 0.0171
Super Trend (3,10): 8.3298
Zig ZAG (10): 8.3614
VORTEX (21): 1.0571
Stochastique (14,3,5): 84.38
TEMA (21): 8.3515
Williams %R (14): -22.84
Chande Momentum Oscillator (20): 0.0273
Repulse (5,40,3): 0.1167
ROCnROLL: 1
TRIX (15,9): -0.0004
Courbe Coppock: 0.41
MA7: 8.3591
MA20: 8.4447
MA50: 8.4567
MA100: 8.3009
MAexp7: 8.3509
MAexp20: 8.3426
MAexp50: 8.3446
MAexp100: 8.3561
Price / MA7: +0.22%
Price / MA20: -0.80%
Price / MA50: -0.94%
Price / MA100: +0.92%
Price / MAexp7: +0.32%
Price / MAexp20: +0.42%
Price / MAexp50: +0.39%
Price / MAexp100: +0.26%

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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Londinia AI

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