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

CHF/NOK - 1H - Technical analysis published on 12/26/2019 (GMT)

  • Who voted?
  • 146
  • 0
I am pleased to note that the threshold for invalidation has been maintained for 20 Candlesticks.
Click here for a new analysis!
  • Timeframe : 1H
  • - Analysis generated on
  • Status : LEVEL MAINTAINED

Analysis too old. There are no more charts available.

Summary of the analysis

Trends
Court terme: Strongly bearish
De fond: Strongly bearish
Technical indicators
17%
50%
33%
My opinion
Bearish under 9.0976 NOK
My targets
8.9962 NOK (-0.0884)
8.9327 NOK (-0.1519)
My analysis
All elements being clearly bearish, it would be possible for traders to trade only short positions (for sale) on CHF/NOK as long as the price remains well below 9.0976 NOK. The sellers” bearish objective is set at 8.9962 NOK. A bearish break of this support would revive the bearish momentum. The sellers could then target the support located at 8.9327 NOK. In case of crossing, the next objective would be the support located at 8.7770 NOK. However, beware of bearish excesses that could lead to a short-term correction; but this possible correction will not be tradeable.

In the very short term, the general bearish sentiment is confirmed by technical indicators. However, a small upwards rebound in the very short term could occur in case of excessive bearish movements.
FORCE
0
10
7.1

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 Vincent Launay. Take part yourself by sharing additional analysis on another time unit:
15 min. Daily Weekly

Additional analysis

Quotes

CHF/NOK rating 9.0846 NOK. On the day, this instrument lost -0.14% and was traded between 9.0695 NOK and 9.0989 NOK over the period. The price is currently at +0.17% from its lowest and -0.16% from its highest.

9.0695
9.0989
9.0846

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



A study of price movements over other periods shows the following variations:
The Central Records scanner, which identifies the highest / lowest, has detected several elements:

Central Records

Near a new HIGH record (5 years)

Type : Bullish

Timeframe : Weekly


Near a new HIGH record (1 month)

Type : Bullish

Timeframe : Weekly



Technical


Technical analysis of this 1H chart of CHF/NOK indicates that the overall trend is strongly bearish. 92.86% of the signals given by moving averages are bearish. This strongly bearish trend is supported by the strong bearish signals given by short-term moving averages. The Central Indicators market scanner currently does not detect any result that concerns moving averages.

In fact, according to the parameters integrated into the Central Analyzer system, only 9 technical indicators out of 18 analysed are currently bearish. But beware of excesses. The Central Indicators scanner currently detects this:

Central Indicators

Williams %R indicator is oversold : under -80

Type : Neutral

Timeframe : 1 hour

Central Indicators, the detector scanner for these technical indicators recently detected a signal:

Central Indicators

Pivot points : price is under support 1

Type : Neutral

Timeframe : Weekly



No signals are given by Central Patterns, a market scanner specialised in chart patterns, resistances and supports.

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


ProTrendLines
S3
S2
S1
R1
R2
R3
Price


S3S2S1PriceR1R2R3
ProTrendLines 8.7770 8.9327 9.0822 9.0846 9.0976 9.1138 9.1341
Change (%) -3.39% -1.67% -0.03% - +0.14% +0.32% +0.54%
Change -0.3076 -0.1519 -0.0024 - +0.0130 +0.0292 +0.0495
Level Major Major Intermediate - Minor Minor Intermediate



Pivot points can also be used to set your price objectives. Here is the price situation in relation to pivot points:

Daily
Pivot points S3 S2 S1 PP R1 R2 R3
Standard9.02649.05539.07649.10539.12649.15539.1764
Camarilla9.08379.08829.09289.09749.10209.10669.1112
Woodie9.02249.05349.07249.10349.12249.15349.1724
Fibonacci9.05539.07449.08629.10539.12449.13629.1553


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard8.99629.05829.09899.16099.20169.26369.3043
Camarilla9.11159.12099.13039.13979.14919.15859.1679
Woodie8.98579.05299.08849.15569.19119.25839.2938
Fibonacci9.05829.09749.12169.16099.20019.22439.2636


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard8.93059.03059.12519.22519.31979.41979.5143
Camarilla9.16629.18409.20199.21979.23759.25549.2732
Woodie8.92789.02929.12249.22389.31709.41849.5116
Fibonacci9.03059.10489.15089.22519.29949.34549.4197

Numerical data


The following is the status of the technical indicators and moving averages at the time of publication of this technical analysis:

Technical indicators
Moving averages

RSI (14): 36.24
MACD (12,26,9): -0.0089
Directional Movement: -16.5142
AROON (14): -64.2857
DEMA (21): 9.0835
Parabolic SAR (0,02-0,02-0,2): 9.1007
Elder Ray (13): -0.0080
Super Trend (3,10): 9.1074
Zig ZAG (10): 9.0804
VORTEX (21): 0.8219
Stochastique (14,3,5): 17.89
TEMA (21): 9.0770
Williams %R (14): -80.43
Chande Momentum Oscillator (20): -0.0407
Repulse (5,40,3): -0.0095
ROCnROLL: 2
TRIX (15,9): -0.0085
Courbe Coppock: 0.93
MA7: 9.1282
MA20: 9.2007
MA50: 9.2175
MA100: 9.1810
MAexp7: 9.0821
MAexp20: 9.0934
MAexp50: 9.1041
MAexp100: 9.1194
Price / MA7: -0.48%
Price / MA20: -1.26%
Price / MA50: -1.44%
Price / MA100: -1.05%
Price / MAexp7: -0.02%
Price / MAexp20: -0.14%
Price / MAexp50: -0.26%
Price / MAexp100: -0.43%

This member declared not having a position on this financial instrument or a related financial instrument.

About author

Online

Overall rating :
15090
Number of analyses :
Followers :
0
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…

Add a comment

no pic

Comments

0 comments on the analysis CHF/NOK - 1H