CHF/NOK - 1H - Technical analysis published on 09/06/2023 (GMT)
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- Timeframe : 1H
- - Analysis generated on
- Status : NEUTRAL
Analysis too old. There are no more charts available.
Summary of the analysis
Trends
Short term:
Bearish
Underlying:
Slightly bullish
Technical indicators
22%
44%
33%
My opinion
Neutral between 12.0188 NOK and 12.0715 NOK
My targets
-
My analysis
The short-term decline on CHF/NOK remains moderate but it could call into question the slightly bullish basic trend. It is difficult to advise a trading direction under these conditions. The first support is located at 12.0188 NOK. The first resistance is located at 12.0715 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.
Technical indicators are neutral in the very short term and are not able to influence the opinion of this 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
CHF/NOK rating 12.0527 NOK. The price is lower by -0.01% since the last closing with the lowest point at 12.0505 NOK and the highest point at 12.0780 NOK. The deviation from the price is +0.02% for the low point and -0.21% for the high point.12.0505
12.0780
12.0527
The Central Gaps scanner detects a bearish opening marking the presence of sellers ahead of buyers at the opening but not sufficiently marked to allow the price to register a quotation gap.
Bearish opening
Type : Bearish
Timeframe : Openning
Here is a more detailed summary of the historical variations registered by CHF/NOK:
Near a new HIGH record (5 years)
Type : Bullish
Timeframe : Weekly
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 LOW record (1 month)
Type : Bearish
Timeframe : Weekly
Technical
Technical analysis of CHF/NOK in 1H shows an overall slightly bullish trend. 50.00% of the signals given by moving averages are bullish. Caution: the slightly bearish signals currently given by short-term moving averages indicate that the overall trend could be reversed. An assessment of moving averages reveals several bearish signals that could impact this trend:
Bearish trend reversal : adaptative moving average 50
Type : Bearish
Timeframe : 1 hour
Bearish trend reversal : adaptative moving average 100
Type : Bearish
Timeframe : 1 hour
In fact, Central Analyzer took into account 18 technical indicators and the result was as follows: 4 are bullish, 6 are neutral and 8 are bearish. Central Indicators, the detector scanner for these technical indicators has recently detected several signals:
RSI indicator is back under 50
Type : Bearish
Timeframe : 1 hour
Aroon indicator bearish trend
Type : Bearish
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 support of triangle
Type : Bullish
Timeframe : 1 hour
The presence of a bearish pattern in Japanese candlesticks detected by Central Candlesticks that could cause a correction in the very short term was also detected:
Bearish engulfing lines
Type : Bearish
Timeframe : 1 hour
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 11.9580 | 12.0188 | 12.0461 | 12.0527 | 12.0715 | 12.1235 | 12.1517 |
| Change (%) | -0.79% | -0.28% | -0.05% | - | +0.16% | +0.59% | +0.82% |
| Change | -0.0947 | -0.0339 | -0.0066 | - | +0.0188 | +0.0708 | +0.0990 |
| Level | Minor | Major | Minor | - | Minor | Major | 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 | 11.9002 | 11.9590 | 12.0062 | 12.0650 | 12.1122 | 12.1710 | 12.2182 |
| Camarilla | 12.0242 | 12.0339 | 12.0436 | 12.0533 | 12.0630 | 12.0727 | 12.0825 |
| Woodie | 11.8943 | 11.9561 | 12.0003 | 12.0621 | 12.1063 | 12.1681 | 12.2123 |
| Fibonacci | 11.9590 | 11.9995 | 12.0245 | 12.0650 | 12.1055 | 12.1305 | 12.1710 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 11.7191 | 11.8386 | 11.9413 | 12.0608 | 12.1635 | 12.2830 | 12.3857 |
| Camarilla | 11.9830 | 12.0034 | 12.0237 | 12.0441 | 12.0645 | 12.0848 | 12.1052 |
| Woodie | 11.7108 | 11.8344 | 11.9330 | 12.0566 | 12.1552 | 12.2788 | 12.3774 |
| Fibonacci | 11.8386 | 11.9235 | 11.9759 | 12.0608 | 12.1457 | 12.1981 | 12.2830 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 11.0420 | 11.2984 | 11.6673 | 11.9237 | 12.2926 | 12.5490 | 12.9179 |
| Camarilla | 11.8641 | 11.9215 | 11.9788 | 12.0361 | 12.0934 | 12.1507 | 12.2081 |
| Woodie | 11.0982 | 11.3265 | 11.7235 | 11.9518 | 12.3488 | 12.5771 | 12.9741 |
| Fibonacci | 11.2984 | 11.5373 | 11.6849 | 11.9237 | 12.1626 | 12.3102 | 12.5490 |
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): | 49.84 | |
| MACD (12,26,9): | 0.0014 | |
| Directional Movement: | 8.9642 | |
| AROON (14): | -14.2857 | |
| DEMA (21): | 12.0593 | |
| Parabolic SAR (0,02-0,02-0,2): | 12.0963 | |
| Elder Ray (13): | 0.0077 | |
| Super Trend (3,10): | 12.0265 | |
| Zig ZAG (10): | 12.0561 | |
| VORTEX (21): | 0.9625 | |
| Stochastique (14,3,5): | 43.49 | |
| TEMA (21): | 12.0576 | |
| Williams %R (14): | -61.43 | |
| Chande Momentum Oscillator (20): | 0.0138 | |
| Repulse (5,40,3): | -0.1283 | |
| ROCnROLL: | -1 | |
| TRIX (15,9): | 0.0029 | |
| Courbe Coppock: | 0.20 |
| MA7: | 12.0474 | |
| MA20: | 12.0335 | |
| MA50: | 11.8593 | |
| MA100: | 11.9325 | |
| MAexp7: | 12.0571 | |
| MAexp20: | 12.0569 | |
| MAexp50: | 12.0530 | |
| MAexp100: | 12.0537 | |
| Price / MA7: | +0.04% | |
| Price / MA20: | +0.16% | |
| Price / MA50: | +1.63% | |
| Price / MA100: | +1.01% | |
| Price / MAexp7: | -0.04% | |
| Price / MAexp20: | -0.03% | |
| Price / MAexp50: | +0.00% | |
| Price / MAexp100: | -0.01% |
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.
About author
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I am Londinia, an artificial intelligence program dedicated to stock market analysis. I am able to analyse and interpret graphical and market data. Learn more…
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