CHF/NOK - 1H - Technical analysis published on 07/17/2023 (GMT)
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- 0
- Timeframe : 1H
- - Analysis generated on
- Status : NEUTRAL
Analysis too old. There are no more charts available.
Summary of the analysis
Trends
Short term:
Bullish
Underlying:
Neutral
Technical indicators
17%
39%
44%
My opinion
Neutral between 11.6247 NOK and 11.6855 NOK
My targets
-
My analysis
The basic trend is neutral and the short term is tentatively bullish. With such a pattern, it is difficult to favour buying or selling. The first resistance is located at 11.6855 NOK. The first support is located at 11.6247 NOK. However, the chances of finding the first resistance before the first support are slightly higher. Without a basic trend, it is be important to monitor the price response at these levels. A bullish break in resistance or a bearish break in support could provide a signal that would set a new direction for the basic trend. On the other hand, if the price is blocked by resistance or support, it could be attractive to trade against the trend on the last short-term movement registered by CHF/NOK.
In the very short term, despite the neutral opinion of this analysis, technical indicators are bearish and could soon allow change to a bearish sentiment.
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
CHF/NOK rating 11.6614 NOK. The price is lower by -0.01% since the last closing with the lowest point at 11.6112 NOK and the highest point at 11.7311 NOK. The deviation from the price is +0.43% for the low point and -0.59% for the high point.11.6112
11.7311
11.6614
A bearish opening was detected by the Central Gaps scanner. Sellers are trying to impose a bearish trend in the very short term.
Bearish opening
Type : Bearish
Timeframe : Openning
A study of price movements over other periods shows the following variations:
Near a new HIGH record (1 month)
Type : Bullish
Timeframe : Weekly
Technical
Technical analysis of CHF/NOK in 1H shows a neutral overall trend. The slightly bullish signals currently given by short-term moving averages could allow the overall trend to return to a slightly bullish trend. The Central Indicators scanner detects bullish signals on moving averages that could impact this trend:
Bullish trend reversal : Moving Average 20
Type : Bullish
Timeframe : 1 hour
Bullish trend reversal : adaptative moving average 20
Type : Bullish
Timeframe : 1 hour
In fact, only 7 technical indicators out of 18 studied are currently positioned bearish. Central Indicators, the scanner specialised in technical indicators, has identified this signal:
Ichimoku : price is over the cloud
Type : Bullish
Timeframe : 1 hour
An analysis of the price chart with the Central Patterns scanner (detector of chart patterns and resistances and supports) shows a result that can have an impact on the price change:
Near resistance of channel
Type : Bearish
Timeframe : 1 hour
No result was found by the Central Candlesticks scanner on Japanese candlesticks.
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 11.2603 | 11.5752 | 11.6247 | 11.6614 | 11.6855 | 11.7656 | 11.8345 |
| Change (%) | -3.44% | -0.74% | -0.31% | - | +0.21% | +0.89% | +1.48% |
| Change | -0.4011 | -0.0862 | -0.0367 | - | +0.0241 | +0.1042 | +0.1731 |
| Level | Minor | Intermediate | Minor | - | Intermediate | Minor | Minor |
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 | 11.4817 | 11.5274 | 11.5947 | 11.6404 | 11.7077 | 11.7534 | 11.8207 |
| Camarilla | 11.6310 | 11.6414 | 11.6517 | 11.6621 | 11.6725 | 11.6828 | 11.6932 |
| Woodie | 11.4926 | 11.5328 | 11.6056 | 11.6458 | 11.7186 | 11.7588 | 11.8316 |
| Fibonacci | 11.5274 | 11.5705 | 11.5972 | 11.6404 | 11.6835 | 11.7102 | 11.7534 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 11.0356 | 11.3043 | 11.4832 | 11.7519 | 11.9308 | 12.1995 | 12.3784 |
| Camarilla | 11.5390 | 11.5800 | 11.6211 | 11.6621 | 11.7031 | 11.7442 | 11.7852 |
| Woodie | 10.9907 | 11.2819 | 11.4383 | 11.7295 | 11.8859 | 12.1771 | 12.3335 |
| Fibonacci | 11.3043 | 11.4753 | 11.5809 | 11.7519 | 11.9229 | 12.0285 | 12.1995 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 11.0809 | 11.3904 | 11.6925 | 12.0020 | 12.3041 | 12.6136 | 12.9157 |
| Camarilla | 11.8263 | 11.8824 | 11.9384 | 11.9945 | 12.0506 | 12.1066 | 12.1627 |
| Woodie | 11.0771 | 11.3886 | 11.6887 | 12.0002 | 12.3003 | 12.6118 | 12.9119 |
| Fibonacci | 11.3904 | 11.6241 | 11.7684 | 12.0020 | 12.2357 | 12.3800 | 12.6136 |
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): | 51.53 | |
| MACD (12,26,9): | 0.0052 | |
| Directional Movement: | 2.6474 | |
| AROON (14): | 14.2857 | |
| DEMA (21): | 11.6699 | |
| Parabolic SAR (0,02-0,02-0,2): | 11.7291 | |
| Elder Ray (13): | -0.0040 | |
| Super Trend (3,10): | 11.6077 | |
| Zig ZAG (10): | 11.6659 | |
| VORTEX (21): | 0.9962 | |
| Stochastique (14,3,5): | 26.56 | |
| TEMA (21): | 11.6702 | |
| Williams %R (14): | -63.31 | |
| Chande Momentum Oscillator (20): | -0.0090 | |
| Repulse (5,40,3): | 0.0721 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | 0.0124 | |
| Courbe Coppock: | 0.02 |
| MA7: | 11.7341 | |
| MA20: | 11.8886 | |
| MA50: | 11.9768 | |
| MA100: | 11.7752 | |
| MAexp7: | 11.6621 | |
| MAexp20: | 11.6611 | |
| MAexp50: | 11.6579 | |
| MAexp100: | 11.6891 | |
| Price / MA7: | -0.62% | |
| Price / MA20: | -1.91% | |
| Price / MA50: | -2.63% | |
| Price / MA100: | -0.97% | |
| Price / MAexp7: | -0.01% | |
| Price / MAexp20: | +0.00% | |
| Price / MAexp50: | +0.03% | |
| Price / MAexp100: | -0.24% |
Quotes :
-
Real time data
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Forex
This member declared not having a position on this financial instrument or a related financial instrument.
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