CHF/SEK

- SEK (-)

- Real time data - Forex

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Type:	Forex
Ticker:	CHFSEK
ISIN:

CHF/SEK - 1H - Technical analysis published on 07/31/2024 (GMT)

Timeframe : 1H
- Analysis generated on
Status : NEUTRAL

Summary of the analysis

Trends

Short term: Bullish

Underlying: Neutral

Technical indicators

72%

22%

My opinion

Neutral between 12.1791 SEK and 12.2146 SEK

My targets

My analysis

There is no basic trend on CHF/SEK and in the short term, there are still few buyers. It is difficult to advise a trading direction under these conditions. The nearest resistance is located at 12.2146 SEK. The nearest support is located at 12.1791 SEK. 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.

In the very short term, despite the neutral opinion of this analysis, technical indicators are bullish and could soon allow change to a bullish sentiment.

Comment on the 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/SEK rating 12.2052 SEK. The price is lower by -0.02% since the last closing and was traded between 12.1430 SEK and 12.2261 SEK over the period. The price is currently at +0.51% from its lowest and -0.17% from its highest.

12.1430

12.2261

12.2052

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:

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/SEK 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 market scanner is currently detecting several bullish signals that could impact this trend:

Bullish trend reversal : adaptative moving average 20

Type : Bullish

Timeframe : 1 hour

Bullish trend reversal : adaptative moving average 100

Type : Bullish

Timeframe : 1 hour

Bullish price crossover with Moving Average 50

Type : Bullish

Timeframe : 1 hour

Bullish price crossover with adaptative moving average 20

Type : Bullish

Timeframe : 1 hour

An assessment of technical indicators shows a strong bullish signal.
Caution: the Central Indicators scanner currently detects an excess:

CCI indicator is overbought : over 100

Type : Neutral

Timeframe : 1 hour

Williams %R indicator is overbought : over -20

Type : Neutral

Timeframe : 1 hour

Central Indicators, the scanner specialised in technical indicators, has identified this signal:

Momentum indicator is back over 0

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 several results that can have an impact on the price change:

Near horizontal resistance

Type : Bearish

Timeframe : 1 hour

Resistance of channel is broken

Type : Bullish

Timeframe : 1 hour

The Central Candlesticks scanner which studies Japanese candlesticks did not detect anything.

ProTrendLines

Price

	S3	S2	S1	Price	R1	R2	R3
ProTrendLines	11.8240	12.0295	12.1791	12.2052	12.3036	12.3648	12.4925
Change (%)	-3.12%	-1.44%	-0.21%	-	+0.81%	+1.31%	+2.35%
Change	-0.3812	-0.1757	-0.0261	-	+0.0984	+0.1596	+0.2873
Level	Minor	Intermediate	Intermediate	-	Minor	Minor	Major

Attention could also be paid to pivot points to set price objectives:

Daily

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	11.9672	12.0700	12.1385	12.2413	12.3098	12.4126	12.4811
Camarilla	12.1600	12.1757	12.1914	12.2071	12.2228	12.2385	12.2542
Woodie	11.9502	12.0614	12.1215	12.2327	12.2928	12.4040	12.4641
Fibonacci	12.0700	12.1354	12.1758	12.2413	12.3067	12.3471	12.4126

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	11.2822	11.5227	11.8838	12.1243	12.4854	12.7259	13.0870
Camarilla	12.0795	12.1346	12.1898	12.2449	12.3001	12.3552	12.4103
Woodie	11.3425	11.5529	11.9441	12.1545	12.5457	12.7561	13.1473
Fibonacci	11.5227	11.7525	11.8945	12.1243	12.3541	12.4961	12.7259

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	10.9121	11.1234	11.4577	11.6690	12.0033	12.2146	12.5489
Camarilla	11.6419	11.6919	11.7419	11.7919	11.8419	11.8919	11.9419
Woodie	10.9735	11.1542	11.5191	11.6998	12.0647	12.2454	12.6103
Fibonacci	11.1234	11.3319	11.4606	11.6690	11.8775	12.0062	12.2146

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):	55.87
MACD (12,26,9):	-0.0043
Directional Movement:	1.9368
AROON (14):	-42.8572
DEMA (21):	12.1808
Parabolic SAR (0,02-0,02-0,2):	12.1441
Elder Ray (13):	0.0218
Super Trend (3,10):	12.2491
Zig ZAG (10):	12.2084
VORTEX (21):	0.9989
Stochastique (14,3,5):	61.46
TEMA (21):	12.1815
Williams %R (14):	-22.80
Chande Momentum Oscillator (20):	0.0089
Repulse (5,40,3):	0.3147
ROCnROLL:	1
TRIX (15,9):	-0.0079
Courbe Coppock:	0.29

MA7:	12.2068
MA20:	11.9607
MA50:	11.8151
MA100:	11.8336
MAexp7:	12.1860
MAexp20:	12.1877
MAexp50:	12.1985
MAexp100:	12.1972
Price / MA7:	-0.01%
Price / MA20:	+2.04%
Price / MA50:	+3.30%
Price / MA100:	+3.14%
Price / MAexp7:	+0.16%
Price / MAexp20:	+0.14%
Price / MAexp50:	+0.05%
Price / MAexp100:	+0.07%

Quotes : - Real time data - Forex

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

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