CHF/SGD
CHF SGD
- SGD (-)
- Real time data - Forex
Open: -
Change: -
Volume: -
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High: -
High / Low range: -
Type: Forex
Ticker: CHFSGD
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CHF/SGD - 1H - Technical analysis published on 08/25/2020 (GMT)

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  • Timeframe : 1H
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Summary of the analysis

Trends
Court terme: Strongly bearish
De fond: Strongly bearish
Technical indicators
17%
67%
17%
My opinion
Bearish under 1.5041 SGD
My targets
1.5001 SGD (-0.0017)
1.4957 SGD (-0.0061)
My analysis
CHF/SGD 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 1.5041 SGD. The next support located at 1.5001 SGD 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 1.4957 SGD. Below this support, sellers could then target 1.4485 SGD. 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 confirm the bearish opinion of this analysis in thevery short term. However, be careful of excessive bearish movements. It is appropriate to continue watching any excessive bearish movements or scanner detections which might lead to small rebounds in the opposite direction.
Force
0
10
7

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

The CHF/SGD price is 1.5018 SGD. On the day, this instrument lost -0.07% and was between 1.5016 SGD and 1.5036 SGD. This implies that the price is at +0.01% from its lowest and at -0.12% from its highest.

1.5016
1.5036
1.5018

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.

Central Gaps

Bearish opening

Type : Bearish

Timeframe : Openning



So that you have an overall view of the price change, here is a table showing the variations over several periods:
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 (1st january)

Type : Bullish

Timeframe : Weekly



Technical


Technical analysis of CHF/SGD in 1H shows a overall strongly bearish trend. 85.71% 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. There is no crossing of moving average by the price or crossing of moving averages between themselves.

The probability of a further decline is moderate given the direction of the technical indicators.
The Central Indicators scanner specialised in technical indicators, has not detected anything further.

Central Patterns, the scanner specializing in chart patterns, did not identify any signals.

Central Candlesticks, the scanner specialised in Japanese candlesticks, detects this inversion signal that could impact the current short-term trend:

Central Candlesticks

Doji

Type : Neutral

Timeframe : 1 hour




ProTrendLines
S3
S2
S1
R1
R2
R3
Price


S3S2S1PriceR1R2R3
ProTrendLines 1.4485 1.4957 1.5001 1.5018 1.5019 1.5041 1.5061
Change (%) -3.55% -0.41% -0.11% - +0.01% +0.15% +0.29%
Change -0.0533 -0.0061 -0.0017 - +0.0001 +0.0023 +0.0043
Level Major Minor Intermediate - Intermediate Minor Major



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

Daily
Pivot points S3 S2 S1 PP R1 R2 R3
Standard1.49441.49811.50051.50421.50661.51031.5127
Camarilla1.50111.50171.50221.50281.50341.50391.5045
Woodie1.49371.49781.49981.50391.50591.51001.5120
Fibonacci1.49811.50051.50191.50421.50661.50801.5103


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard1.47801.48681.49581.50461.51361.52241.5314
Camarilla1.49981.50141.50311.50471.50631.50801.5096
Woodie1.47801.48691.49581.50471.51361.52251.5314
Fibonacci1.48681.49361.49781.50461.51141.51561.5224


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard1.43541.45241.47841.49541.52141.53841.5644
Camarilla1.49251.49641.50041.50431.50821.51221.5161
Woodie1.43981.45471.48281.49771.52581.54071.5688
Fibonacci1.45241.46891.47901.49541.51191.52201.5384

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): 43.53
MACD (12,26,9): -0.0005
Directional Movement: -2.8661
AROON (14): -71.4286
DEMA (21): 1.5027
Parabolic SAR (0,02-0,02-0,2): 1.5040
Elder Ray (13): -0.0005
Super Trend (3,10): 1.5010
Zig ZAG (10): 1.5026
VORTEX (21): 0.9324
Stochastique (14,3,5): 23.81
TEMA (21): 1.5023
Williams %R (14): -89.29
Chande Momentum Oscillator (20): -0.0017
Repulse (5,40,3): -0.0503
ROCnROLL: 2
TRIX (15,9): -0.0034
Courbe Coppock: 0.28
MA7: 1.5047
MA20: 1.5047
MA50: 1.4888
MA100: 1.4759
MAexp7: 1.5026
MAexp20: 1.5034
MAexp50: 1.5038
MAexp100: 1.5043
Price / MA7: -0.19%
Price / MA20: -0.19%
Price / MA50: +0.87%
Price / MA100: +1.75%
Price / MAexp7: -0.05%
Price / MAexp20: -0.11%
Price / MAexp50: -0.13%
Price / MAexp100: -0.17%

Quotes : 2020-08-25 06:47:29 - Real time data - Forex

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

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