CHF/SEK - 1H - Technical analysis published on 12/16/2022 (GMT)
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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:
Strongly bullish
Technical indicators
44%
17%
39%
My opinion
Bullish above 11.0939 SEK
My targets
11.2268 SEK (+0.0769)
11.2905 SEK (+0.1406)
My analysis
The bullish trend is currently very strong on CHF/SEK. As long as the price remains above the support at 11.0939 SEK, you could try to benefit from the boom. The first bullish objective is located at 11.2268 SEK. The bullish momentum would be boosted by a break in this resistance. Buyers would then use the next resistance located at 11.2905 SEK as an objective. Crossing it would then enable buyers to target 11.4954 SEK. Be careful, given the powerful bullish rally underway, excesses could lead to a possible correction in the short term. If this is the case, remember that trading against the trend may be riskier. It would seem more appropriate to wait for a signal indicating reversal of the trend.
Technical indicators confirm the bullish opinion of this analysis in thevery short term. However, be careful of excessive bullish movements. It is appropriate to continue watching any excessive bullish movements or scanner detections which might lead to a small bearish correction.
Force
0
10
7
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This analysis was given by Londinia. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
The CHF/SEK price is 11.1499 SEK. On the day, this instrument lost -0.01% and was between 11.1105 SEK and 11.1848 SEK. This implies that the price is at +0.35% from its lowest and at -0.31% from its highest.11.1105
11.1848
11.1499
The Central Gaps scanner detects a bearish opening. A small advantage for sellers in the very short term.
Bearish opening
Type : Bearish
Timeframe : Openning
Here is a more detailed summary of the historical variations registered by CHF/SEK:
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 this 1H chart of CHF/SEK indicates that the overall trend is strongly bullish. The signals given by the moving averages are 92.86% bullish. This strong bullish trend is confirmed by the strong signals currently being given by short-term moving averages. There is no crossing of moving average by the price or crossing of moving averages between themselves.
In fact, only 8 technical indicators out of 18 studied are currently bullish. The Central Indicators scanner found this result concerning these indicators:
Pivot points : price is over resistance 1
Type : Neutral
Timeframe : Weekly
Central Patterns, the scanner specializing in chart patterns, did not identify any signals.
No result was found by the Central Candlesticks scanner on Japanese candlesticks.
ProTrendLines
S3
S2
S1
R1
R2
Price
| S3 | S2 | S1 | Price | R1 | R2 | |
|---|---|---|---|---|---|---|
| ProTrendLines | 11.0076 | 11.0374 | 11.0939 | 11.1499 | 11.1524 | 11.4954 |
| Change (%) | -1.28% | -1.01% | -0.50% | - | +0.02% | +3.10% |
| Change | -0.1423 | -0.1125 | -0.0560 | - | +0.0025 | +0.3455 |
| Level | Intermediate | Minor | Major | - | Intermediate | Major |
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 |
|---|---|---|---|---|---|---|---|
| Standard | 10.8819 | 10.9389 | 11.0448 | 11.1018 | 11.2077 | 11.2647 | 11.3706 |
| Camarilla | 11.1059 | 11.1208 | 11.1358 | 11.1507 | 11.1656 | 11.1806 | 11.1955 |
| Woodie | 10.9064 | 10.9511 | 11.0693 | 11.1140 | 11.2322 | 11.2769 | 11.3951 |
| Fibonacci | 10.9389 | 11.0011 | 11.0396 | 11.1018 | 11.1640 | 11.2025 | 11.2647 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 10.8668 | 10.9226 | 10.9868 | 11.0426 | 11.1068 | 11.1626 | 11.2268 |
| Camarilla | 11.0181 | 11.0291 | 11.0401 | 11.0511 | 11.0621 | 11.0731 | 11.0841 |
| Woodie | 10.8711 | 10.9247 | 10.9911 | 11.0447 | 11.1111 | 11.1647 | 11.2311 |
| Fibonacci | 10.9226 | 10.9684 | 10.9967 | 11.0426 | 11.0884 | 11.1167 | 11.1626 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 10.4561 | 10.6426 | 10.8733 | 11.0598 | 11.2905 | 11.4770 | 11.7077 |
| Camarilla | 10.9894 | 11.0276 | 11.0659 | 11.1041 | 11.1423 | 11.1806 | 11.2188 |
| Woodie | 10.4783 | 10.6537 | 10.8955 | 11.0709 | 11.3127 | 11.4881 | 11.7299 |
| Fibonacci | 10.6426 | 10.8019 | 10.9004 | 11.0598 | 11.2191 | 11.3176 | 11.4770 |
Numerical data
The following are the details of the technical indicators and moving averages that were collected to generate this technical analysis:
Technical indicators
Moving averages
| RSI (14): | 57.59 | |
| MACD (12,26,9): | 0.0145 | |
| Directional Movement: | 13.5158 | |
| AROON (14): | 14.2857 | |
| DEMA (21): | 11.1548 | |
| Parabolic SAR (0,02-0,02-0,2): | 11.1808 | |
| Elder Ray (13): | 0.0014 | |
| Super Trend (3,10): | 11.0953 | |
| Zig ZAG (10): | 11.1441 | |
| VORTEX (21): | 1.0203 | |
| Stochastique (14,3,5): | 47.24 | |
| TEMA (21): | 11.1496 | |
| Williams %R (14): | -54.51 | |
| Chande Momentum Oscillator (20): | 0.0166 | |
| Repulse (5,40,3): | 0.0943 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | 0.0247 | |
| Courbe Coppock: | 0.18 |
| MA7: | 11.0602 | |
| MA20: | 11.0703 | |
| MA50: | 11.0943 | |
| MA100: | 11.0649 | |
| MAexp7: | 11.1422 | |
| MAexp20: | 11.1326 | |
| MAexp50: | 11.1000 | |
| MAexp100: | 11.0737 | |
| Price / MA7: | +0.81% | |
| Price / MA20: | +0.72% | |
| Price / MA50: | +0.50% | |
| Price / MA100: | +0.77% | |
| Price / MAexp7: | +0.07% | |
| Price / MAexp20: | +0.16% | |
| Price / MAexp50: | +0.45% | |
| Price / MAexp100: | +0.69% |
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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