NOK/HKD

- HKD (-)

- Real time data - Forex

Open:	-
Change:	-
Volume:	-

Low:	-
High:	-
High / Low range:	-

Type:	Forex
Ticker:	NOKHKD
ISIN:

NOK/HKD - 1H - Technical analysis published on 07/01/2025 (GMT)

Londinia

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Timeframe : 1H
- Analysis generated on
Status : INVALID

Summary of the analysis

Trends

Short term: Strongly bullish

Underlying: Strongly bullish

Technical indicators

83%

11%

My opinion

Bullish above 0.7822 HKD

My targets

0.7850 HKD (+0.0011)

0.7870 HKD (+0.0031)

My analysis

All elements being clearly bullish, it would be possible for traders to trade only long positions (at the time of purchase) on NOK/HKD as long as the price remains well above 0.7822 HKD. The buyers' bullish objective is set at 0.7850 HKD. A bullish break in this resistance would boost the bullish momentum. The buyers could then target the resistance located at 0.7870 HKD. If there is any crossing, the next objective would be the resistance located at 0.8003 HKD. However, beware of bullish excesses that could lead to a possible short-term correction; but this possible correction would not be tradeable.

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

8.6

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

The NOK/HKD rating is 0.7839 HKD. The price has increased by +0.68% since the last closing and was between 0.7777 HKD and 0.7850 HKD. This implies that the price is at +0.80% from its lowest and at -0.14% from its highest.

0.7777

0.7850

0.7839

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:

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 NOK/HKD chart shows a strongly bullish trend. 92.86% of the signals given by moving averages are bullish. The overall trend is supported by the strong bullish signals from short-term moving averages. An assessment of moving averages reveals a bullish signal that could impact this trend:

Moving Average bullish crossovers : MA20 & MA50

Type : Bullish

Timeframe : 1 hour

The probability of a further increase is high given the direction of the technical indicators.
Caution: the Central Indicators scanner currently detects an excess:

RSI indicator is overbought : over 70

Type : Neutral

Timeframe : 1 hour

CCI indicator is overbought : over 100

Type : Neutral

Timeframe : 1 hour

Previous candle closed over Bollinger bands

Type : Neutral

Timeframe : 1 hour

No additional result has been identified by Central Indicators, the scanner specialised in technical indicators.

Central Patterns, the market scanner focusing on chart patterns, resistances and supports found these results:

Near horizontal resistance

Type : Bearish

Timeframe : 1 hour

Resistance of channel is broken

Type : Bullish

Timeframe : 1 hour

No result was found by the Central Candlesticks scanner on Japanese candlesticks.

ProTrendLines

Price

	S3	S2	S1	Price	R1	R2	R3
ProTrendLines	0.7772	0.7795	0.7822	0.7839	0.7850	0.7870	0.8003
Change (%)	-0.85%	-0.56%	-0.22%	-	+0.14%	+0.40%	+2.09%
Change	-0.0067	-0.0044	-0.0017	-	+0.0011	+0.0031	+0.0164
Level	Minor	Intermediate	Major	-	Minor	Minor	Major

To determine price objectives, it is also possible to use the pivot points. Here is the price position in relation to pivot points:

Daily

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	0.7675	0.7711	0.7748	0.7784	0.7821	0.7857	0.7894
Camarilla	0.7766	0.7773	0.7779	0.7786	0.7793	0.7799	0.7806
Woodie	0.7677	0.7711	0.7750	0.7784	0.7823	0.7857	0.7896
Fibonacci	0.7711	0.7739	0.7756	0.7784	0.7812	0.7829	0.7857

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	0.7589	0.7641	0.7717	0.7769	0.7845	0.7897	0.7973
Camarilla	0.7757	0.7769	0.7780	0.7792	0.7804	0.7816	0.7827
Woodie	0.7600	0.7647	0.7728	0.7775	0.7856	0.7903	0.7984
Fibonacci	0.7641	0.7690	0.7720	0.7769	0.7818	0.7848	0.7897

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	0.7355	0.7511	0.7648	0.7804	0.7941	0.8097	0.8234
Camarilla	0.7705	0.7732	0.7759	0.7786	0.7813	0.7840	0.7867
Woodie	0.7347	0.7506	0.7640	0.7799	0.7933	0.8092	0.8226
Fibonacci	0.7511	0.7623	0.7692	0.7804	0.7916	0.7985	0.8097

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):	71.41
MACD (12,26,9):	0.0009
Directional Movement:	29.7148
AROON (14):	50.0000
DEMA (21):	0.7805
Parabolic SAR (0,02-0,02-0,2):	0.7789
Elder Ray (13):	0.0037
Super Trend (3,10):	0.7791
Zig ZAG (10):	0.7832
VORTEX (21):	1.2178
Stochastique (14,3,5):	89.48
TEMA (21):	0.7813
Williams %R (14):	-26.03
Chande Momentum Oscillator (20):	0.0043
Repulse (5,40,3):	0.3118
ROCnROLL:	1
TRIX (15,9):	0.0048
Courbe Coppock:	0.66

MA7:	0.7786
MA20:	0.7815
MA50:	0.7665
MA100:	0.7441
MAexp7:	0.7811
MAexp20:	0.7797
MAexp50:	0.7790
MAexp100:	0.7788
Price / MA7:	+0.68%
Price / MA20:	+0.31%
Price / MA50:	+2.27%
Price / MA100:	+5.35%
Price / MAexp7:	+0.36%
Price / MAexp20:	+0.54%
Price / MAexp50:	+0.63%
Price / MAexp100:	+0.65%

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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