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

CHF/SGD - 1H - Technical analysis published on 02/17/2021 (GMT)

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  • Timeframe : 1H
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  • Status : TARGET REACHED

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Summary of the analysis

Trends
Court terme: Strongly bearish
De fond: Strongly bearish
Technical indicators
22%
67%
11%
My opinion
Bearish under 1.4871 SGD
My targets
1.4812 SGD (-0.0032)
1.4788 SGD (-0.0056)
My analysis
The bearish trend is currently very strong for CHF/SGD. As long as the price remains below the resistance at 1.4871 SGD, you could try to take advantage of the bearish rally. The first bearish objective is located at 1.4812 SGD. The bearish momentum would be revived by a break in this support. Sellers would then use the next support located at 1.4788 SGD as an objective. Crossing it would then enable sellers to target 1.4713 SGD. Be careful, given the powerful bearish rally underway, excesses could lead to a short-term rebound. 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 are neural in the very short term but do not change the general bearish opinion of this analysis.
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

The CHF/SGD price is 1.4844 SGD. The price is lower by -0.20% since the last closing with the lowest point at 1.4831 SGD and the highest point at 1.4880 SGD. The deviation from the price is +0.09% for the low point and -0.24% for the high point.

1.4831
1.4880
1.4844

A bearish opening was detected by the Central Gaps scanner. Sellers are trying to impose a bearish trend in the very short term.

Central Gaps

Bearish opening

Type : Bearish

Timeframe : Openning



A study of price movements over other periods shows the following variations:
The Central Records scanner for higher/lower results shows an item:

Central Records

Near a new HIGH record (5 years)

Type : Bullish

Timeframe : Weekly



Technical


Technical analysis of CHF/SGD in 1H shows a overall strongly bearish trend. 89.29% of the signals given by moving averages are bearish. The overall trend is supported by the strong bearish signals from short-term moving averages. The Central Indicators scanner does not detect any result on moving averages that would impact this trend.

In fact, of the 18 technical indicators analysed by Central Analyzer, 4 are bullish, 2 are neutral and 12 are bearish. But beware of excesses. The Central Indicators scanner currently detects this:

Central Indicators

CCI indicator is oversold : under -100

Type : Neutral

Timeframe : 1 hour


Previous candle closed under Bollinger bands

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 : 1 hour



The Central Patterns scanner, which studies chart patterns, resistances and supports, has identified this signal:

Central Patterns

Support of triangle is broken

Type : Bearish

Timeframe : 1 hour



The Central Candlesticks scanner, specialised in Japanese candlesticks, did not identify any signals.


ProTrendLines
S3
S2
S1
R1
R2
R3
Price


S3S2S1PriceR1R2R3
ProTrendLines 1.4788 1.4812 1.4837 1.4844 1.4855 1.4871 1.4884
Change (%) -0.38% -0.22% -0.05% - +0.07% +0.18% +0.27%
Change -0.0056 -0.0032 -0.0007 - +0.0011 +0.0027 +0.0040
Level Intermediate Intermediate Minor - Intermediate Minor Minor



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
Standard1.47871.48211.48471.48811.49071.49411.4967
Camarilla1.48581.48631.48691.48741.48801.48851.4891
Woodie1.47841.48191.48441.48791.49041.49391.4964
Fibonacci1.48211.48441.48581.48811.49041.49181.4941


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard1.47081.47591.48091.48601.49101.49611.5011
Camarilla1.48301.48401.48491.48581.48671.48771.4886
Woodie1.47071.47591.48081.48601.49091.49611.5010
Fibonacci1.47591.47981.48221.48601.48991.49231.4961


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard1.46881.47781.48501.49401.50121.51021.5174
Camarilla1.48761.48911.49061.49211.49361.49511.4966
Woodie1.46781.47741.48401.49361.50021.50981.5164
Fibonacci1.47781.48401.48781.49401.50021.50401.5102

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): 36.11
MACD (12,26,9): -0.0007
Directional Movement: -13.5814
AROON (14): -92.8571
DEMA (21): 1.4857
Parabolic SAR (0,02-0,02-0,2): 1.4866
Elder Ray (13): -0.0011
Super Trend (3,10): 1.4880
Zig ZAG (10): 1.4850
VORTEX (21): 0.9308
Stochastique (14,3,5): 34.01
TEMA (21): 1.4849
Williams %R (14): -67.35
Chande Momentum Oscillator (20): -0.0027
Repulse (5,40,3): 0.0197
ROCnROLL: 2
TRIX (15,9): -0.0034
Courbe Coppock: 0.27
MA7: 1.4868
MA20: 1.4886
MA50: 1.4947
MA100: 1.4902
MAexp7: 1.4854
MAexp20: 1.4865
MAexp50: 1.4869
MAexp100: 1.4868
Price / MA7: -0.16%
Price / MA20: -0.28%
Price / MA50: -0.69%
Price / MA100: -0.39%
Price / MAexp7: -0.07%
Price / MAexp20: -0.14%
Price / MAexp50: -0.17%
Price / MAexp100: -0.16%

Quotes : 2021-02-17 11:15:08 - Real time data - Forex

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

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