CHF/NOK - 1H - Technical analysis published on 11/04/2019 (GMT)
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- Timeframe : 1H
- - Analysis generated on
- Status : INVALID
Analysis too old. There are no more charts available.
Summary of the analysis
Trends
Court terme:
Strongly bearish
De fond:
Strongly bearish
Technical indicators
39%
39%
22%
My opinion
Bearish under 9.2246 NOK
My targets
9.1749 NOK (-0.42%)
9.1124 NOK (-1.09%)
My analysis
CHF/NOK is part of a very strong bearish trend. Traders may consider trading only short positions (for sale) as long as the price remains well below 9.2246 NOK. The next support located at 9.1749 NOK is the next bearish objective to target. A bearish break of this support would revive the bearish momentum. The bearish movement could then continue towards the next support located at 9.1124 NOK. Below this support, sellers could then target 8.9327 NOK. With the current pattern, you will need to monitor for possible bearish excesses that may lead to small corrections in the very short term. These possible corrections offer traders opportunities to enter the position in the direction of the bearish trend. Trying to profit from the purchase of these possible corrections may seem risky.
Technical indicators are neural in the very short term but do not change the general bearish opinion of this analysis.
FORCE
0
10
6.1
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This analysis was given by Vincent Launay. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
The CHF/NOK rating is 9.2132 NOK. On the day, this instrument lost -0.09% and was traded between 9.2068 NOK and 9.2287 NOK over the period. The price is currently at +0.07% from its lowest and -0.17% from its highest.9.2068
9.2287
9.2132
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 (1st january)
Type : Bullish
Timeframe : Weekly
Technical
A technical analysis in 1H of this CHF/NOK chart shows a sharp bearish trend. 92.86% of the signals given by moving averages are bearish. The overall trend is supported by the strong bearish signals from short-term moving averages. There is no crossing of moving average by the price or crossing of moving averages between themselves.
An assessment of technical indicators does not currently provide any relevant information on the direction of future price movements.
Caution: the Central Indicators scanner currently detects an excess:
RSI indicator: bullish divergence
Type : Bullish
Timeframe : 1 hour
Williams %R indicator is overbought : over -20
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 a result that can have an impact on the price change:
Near support of channel
Type : Bullish
Timeframe : 1 hour
The Central Candlesticks scanner which studies Japanese candlesticks did not detect anything.
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 8.9327 | 9.1124 | 9.1749 | 9.2132 | 9.2246 | 9.2746 | 9.3205 |
| Change (%) | -3.04% | -1.09% | -0.42% | - | +0.12% | +0.67% | +1.16% |
| Change | -0.2805 | -0.1008 | -0.0383 | - | +0.0114 | +0.0614 | +0.1073 |
| Level | Major | Intermediate | Intermediate | - | Intermediate | Intermediate | Minor |
Attention could also be paid to pivot points to set price objectives:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 9.0638 | 9.1363 | 9.1787 | 9.2512 | 9.2936 | 9.3661 | 9.4085 |
| Camarilla | 9.1895 | 9.2000 | 9.2106 | 9.2211 | 9.2316 | 9.2422 | 9.2527 |
| Woodie | 9.0488 | 9.1288 | 9.1637 | 9.2437 | 9.2786 | 9.3586 | 9.3935 |
| Fibonacci | 9.1363 | 9.1802 | 9.2073 | 9.2512 | 9.2951 | 9.3222 | 9.3661 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 9.0301 | 9.1194 | 9.1703 | 9.2596 | 9.3105 | 9.3998 | 9.4507 |
| Camarilla | 9.1825 | 9.1954 | 9.2083 | 9.2211 | 9.2340 | 9.2468 | 9.2597 |
| Woodie | 9.0108 | 9.1098 | 9.1510 | 9.2500 | 9.2912 | 9.3902 | 9.4314 |
| Fibonacci | 9.1194 | 9.1730 | 9.2061 | 9.2596 | 9.3132 | 9.3463 | 9.3998 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 8.8782 | 8.9785 | 9.1484 | 9.2487 | 9.4186 | 9.5189 | 9.6888 |
| Camarilla | 9.2440 | 9.2688 | 9.2935 | 9.3183 | 9.3431 | 9.3678 | 9.3926 |
| Woodie | 8.9130 | 8.9959 | 9.1832 | 9.2661 | 9.4534 | 9.5363 | 9.7236 |
| Fibonacci | 8.9785 | 9.0817 | 9.1455 | 9.2487 | 9.3519 | 9.4157 | 9.5189 |
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): | 34.84 | |
| MACD (12,26,9): | -0.0155 | |
| Directional Movement: | -14.6067 | |
| AROON (14): | -57.1429 | |
| DEMA (21): | 9.2035 | |
| Parabolic SAR (0,02-0,02-0,2): | 9.2068 | |
| Elder Ray (13): | -0.0027 | |
| Super Trend (3,10): | 9.2370 | |
| Zig ZAG (10): | 9.2123 | |
| VORTEX (21): | 0.8372 | |
| Stochastique (14,3,5): | 31.36 | |
| TEMA (21): | 9.2034 | |
| Williams %R (14): | -53.39 | |
| Chande Momentum Oscillator (20): | -0.0037 | |
| Repulse (5,40,3): | 0.0663 | |
| ROCnROLL: | 2 | |
| TRIX (15,9): | -0.0299 | |
| Courbe Coppock: | 0.24 |
| MA7: | 9.2611 | |
| MA20: | 9.2305 | |
| MA50: | 9.1652 | |
| MA100: | 9.0221 | |
| MAexp7: | 9.2149 | |
| MAexp20: | 9.2264 | |
| MAexp50: | 9.2522 | |
| MAexp100: | 9.2639 | |
| Price / MA7: | -0.52% | |
| Price / MA20: | -0.19% | |
| Price / MA50: | +0.52% | |
| Price / MA100: | +2.12% | |
| Price / MAexp7: | -0.03% | |
| Price / MAexp20: | -0.15% | |
| Price / MAexp50: | -0.43% | |
| Price / MAexp100: | -0.56% |
This member declared not having a position on this financial instrument or a related financial instrument.
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