NOK/HKD
NOK HKD
- HKD (-)
- Real time data - Forex
Open: -
Change: -
Volume: -
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High: -
High / Low range: -
Type: Forex
Ticker: NOKHKD
ISIN:

NOK/HKD - 1H - Technical analysis published on 05/02/2025 (GMT)

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  • Timeframe : 1H
  • - Analysis generated on
  • Status : TARGET REACHED

Summary of the analysis

Trends
Short term: Strongly bullish
Underlying: Slightly bullish
Technical indicators
89%
0%
11%
My opinion
Bullish above 0.7441 HKD
My targets
0.7480 HKD (+0.0019)
0.7497 HKD (+0.0036)
My analysis
NOK/HKD is currently trying to strengthen its basic trend with a very bullish short term. As long as the price remains above 0.7441 HKD, traders may consider taking advantage of this bullish acceleration and setting themselves to trade only long positions (at the time of purchase). Buyers will encounter the resistance at 0.7480 HKD. A bullish break in this resistance would confirm a continuation of the bullish acceleration. The next resistance located at 0.7497 HKD would then be the next bullish objective for buyers. Crossing it would then enable buyers to target 0.7521 HKD. Beware of a possible return to under the support located at 0.7441 HKD which would be the sign of a correction of the bullish excesses registered in the short term.

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
5.7

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 Londinia. Take part yourself by sharing additional analysis on another time unit:
15 min. Daily Weekly

Additional analysis

Quotes

The NOK/HKD rating is 0.7461 HKD. The price registered an increase of +0.47% on the session and was traded between 0.7421 HKD and 0.7467 HKD over the period. The price is currently at +0.54% from its lowest and -0.08% from its highest.

0.7421
0.7467
0.7461

Here is a more detailed summary of the historical variations registered by NOK/HKD:
The Central Records scanner, which identifies the highest / lowest, has detected several elements:

Central Records

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


Technical analysis of NOK/HKD in 1H shows an overall slightly bullish trend. 60.71% of the signals given by moving averages are bullish. This slightly bullish trend could be reinforced by the strong bullish signals given by short-term moving averages. The Central Indicators market scanner is currently detecting a bullish signal that could impact this trend:

Central Indicators

Bullish trend reversal : adaptative moving average 100

Type : Bullish

Timeframe : 1 hour



In fact, 16 technical indicators on 18 studied are currently positioned bullish. The Central Indicators scanner found this result concerning these indicators:

Central Indicators

Pivot points : price is over resistance 1 (Daily)

Type : Neutral

Timeframe : 1 hour



The Central Patterns scanner, which studies chart patterns, resistances and supports, has identified these signals:

Central Patterns

Near horizontal resistance

Type : Bearish

Timeframe : 1 hour


Resistance of channel is broken

Type : Bullish

Timeframe : 1 hour



The presence of these bearish patterns in Japanese candlesticks detected by Central Candlesticks that could cause a correction in the very short term were also noted

Central Candlesticks

Bearish harami

Type : Bearish

Timeframe : 1 hour


Bearish harami cross

Type : Bearish

Timeframe : 1 hour




ProTrendLines
S3
S2
S1
R1
R2
R3
Price


S3S2S1PriceR1R2R3
ProTrendLines 0.7412 0.7441 0.7461 0.7461 0.7480 0.7497 0.7521
Change (%) -0.66% -0.27% 0% - +0.25% +0.48% +0.80%
Change -0.0049 -0.0020 0 - +0.0019 +0.0036 +0.0060
Level Major Minor Intermediate - Major Minor Intermediate



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
Standard0.73500.73790.74030.74320.74560.74850.7509
Camarilla0.74110.74160.74210.74260.74310.74360.7441
Woodie0.73470.73780.74000.74310.74530.74840.7506
Fibonacci0.73790.74000.74120.74320.74530.74650.7485


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard0.71500.72420.73370.74290.75240.76160.7711
Camarilla0.73820.73990.74160.74330.74500.74670.7484
Woodie0.71530.72430.73400.74300.75270.76170.7714
Fibonacci0.72420.73130.73570.74290.75000.75440.7616


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard0.64840.67490.71010.73660.77180.79830.8335
Camarilla0.72830.73400.73960.74530.75100.75660.7623
Woodie0.65280.67710.71450.73880.77620.80050.8379
Fibonacci0.67490.69850.71300.73660.76020.77470.7983

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): 60.29
MACD (12,26,9): 0.0001
Directional Movement: 5.8774
AROON (14): 85.7142
DEMA (21): 0.7441
Parabolic SAR (0,02-0,02-0,2): 0.7421
Elder Ray (13): 0.0020
Super Trend (3,10): 0.7472
Zig ZAG (10): 0.7461
VORTEX (21): 1.0909
Stochastique (14,3,5): 90.90
TEMA (21): 0.7448
Williams %R (14): -10.34
Chande Momentum Oscillator (20): 0.0037
Repulse (5,40,3): 0.2180
ROCnROLL: 1
TRIX (15,9): -0.0090
Courbe Coppock: 0.35
MA7: 0.7456
MA20: 0.7356
MA50: 0.7291
MA100: 0.7093
MAexp7: 0.7449
MAexp20: 0.7442
MAexp50: 0.7449
MAexp100: 0.7453
Price / MA7: +0.07%
Price / MA20: +1.43%
Price / MA50: +2.33%
Price / MA100: +5.19%
Price / MAexp7: +0.16%
Price / MAexp20: +0.26%
Price / MAexp50: +0.16%
Price / MAexp100: +0.11%

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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