CHF/SEK

- SEK (-)

- Real time data - Forex

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Change:	-
Volume:	-

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High / Low range:	-

Type:	Forex
Ticker:	CHFSEK
ISIN:

CHF/SEK - 1H - Technical analysis published on 08/12/2024 (GMT)

Timeframe : 1H
- Analysis generated on
Status : NEUTRAL

Summary of the analysis

Trends

Short term: Bullish

Underlying: Slightly bearish

Technical indicators

67%

28%

My opinion

Neutral between 12.0517 SEK and 12.1805 SEK

My targets

My analysis

The short-term increase on CHF/SEK remains moderate but could challenge the slightly bearish basic trend. It is difficult to advise a trading direction under these conditions. The first resistance is located at 12.1805 SEK. The first support is located at 12.0517 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 12.1571 SEK. The price has increased by +0.00% since the last closing with the lowest point at 12.0712 SEK and the highest point at 12.1849 SEK. The deviation from the price is +0.71% for the low point and -0.23% for the high point.

12.0712

12.1849

12.1571

A bullish opening was detected by the Central Gaps scanner. Buyers are trying to impose a bullish momentum in the very short term.

Bullish opening

Type : Bullish

Timeframe : Openning

Here is a more detailed summary of the historical variations registered by CHF/SEK:

The Central Records scanner for higher/lower results shows the following items:

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 HIGH record (1 month)

Type : Bullish

Timeframe : Weekly

Technical

A technical analysis in 1H of this CHF/SEK chart shows a slightly bearish trend. 53.57% of the signals given by moving averages are bearish. Caution: the slightly bullish signals currently being given by short-term moving averages indicate that this overall trend could be reversed. The Central Indicators scanner detects a bullish signal on moving averages that could impact this trend:

Bullish trend reversal : adaptative moving average 50

Type : Bullish

Timeframe : 1 hour

In fact, according to the parameters integrated into the Central Analyzer system, 12 technical indicators out of 18 analysed are currently bullish. 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 detector scanner for these technical indicators has recently detected several signals:

Ichimoku : price is over the cloud

Type : Bullish

Timeframe : 1 hour

Price is back over the pivot point

Type : Bullish

Timeframe : 1 hour

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

The Central Candlesticks scanner currently notes the presence of this pattern in Japanese candlesticks that could mark the end of the short-term trend currently underway:

Doji

Type : Neutral

Timeframe : 1 hour

ProTrendLines

Price

	S3	S2	S1	Price	R1	R2	R3
ProTrendLines	11.8240	11.9354	12.0295	12.1571	12.1805	12.2940	12.3867
Change (%)	-2.74%	-1.82%	-1.05%	-	+0.19%	+1.13%	+1.89%
Change	-0.3331	-0.2217	-0.1276	-	+0.0234	+0.1369	+0.2296
Level	Minor	Minor	Major	-	Major	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	12.0056	12.0540	12.1058	12.1542	12.2060	12.2544	12.3062
Camarilla	12.1300	12.1391	12.1483	12.1575	12.1667	12.1759	12.1851
Woodie	12.0072	12.0549	12.1074	12.1551	12.2076	12.2553	12.3078
Fibonacci	12.0540	12.0923	12.1160	12.1542	12.1925	12.2162	12.2544

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	11.3208	11.6831	11.9203	12.2826	12.5198	12.8821	13.1193
Camarilla	11.9926	12.0476	12.1026	12.1575	12.2125	12.2674	12.3224
Woodie	11.2583	11.6518	11.8578	12.2513	12.4573	12.8508	13.0568
Fibonacci	11.6831	11.9121	12.0536	12.2826	12.5116	12.6531	12.8821

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	10.9780	11.2911	11.7386	12.0517	12.4992	12.8123	13.2598
Camarilla	11.9769	12.0467	12.1164	12.1861	12.2558	12.3255	12.3953
Woodie	11.0452	11.3247	11.8058	12.0853	12.5664	12.8459	13.3270
Fibonacci	11.2911	11.5817	11.7612	12.0517	12.3423	12.5218	12.8123

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):	57.97
MACD (12,26,9):	-0.0038
Directional Movement:	-7.8249
AROON (14):	28.5714
DEMA (21):	12.1282
Parabolic SAR (0,02-0,02-0,2):	12.0765
Elder Ray (13):	0.0289
Super Trend (3,10):	12.1787
Zig ZAG (10):	12.1576
VORTEX (21):	0.9700
Stochastique (14,3,5):	82.22
TEMA (21):	12.1318
Williams %R (14):	-9.76
Chande Momentum Oscillator (20):	0.0463
Repulse (5,40,3):	0.1861
ROCnROLL:	1
TRIX (15,9):	-0.0105
Courbe Coppock:	0.17

MA7:	12.2338
MA20:	12.1586
MA50:	11.9070
MA100:	11.8745
MAexp7:	12.1381
MAexp20:	12.1364
MAexp50:	12.1513
MAexp100:	12.1809
Price / MA7:	-0.63%
Price / MA20:	-0.01%
Price / MA50:	+2.10%
Price / MA100:	+2.38%
Price / MAexp7:	+0.16%
Price / MAexp20:	+0.17%
Price / MAexp50:	+0.05%
Price / MAexp100:	-0.20%

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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Londinia AI

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