NOK/HUF - 1H - Technical analysis published on 08/06/2023 (GMT)
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- Timeframe : 1H
- - Analysis generated on
- Status : NEUTRAL
Analysis too old. There are no more charts available.
Summary of the analysis
Trends
Short term:
Bearish
Underlying:
Slightly bullish
Technical indicators
22%
56%
22%
My opinion
Neutral between 34.557 HUF and 35.055 HUF
My targets
-
My analysis
The short-term decline on NOK/HUF remains moderate but it could call into question the slightly bullish basic trend. It is difficult to advise a trading direction under these conditions. The first support is located at 34.557 HUF. The first resistance is located at 35.055 HUF. 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, technical indicators are neutral and are not able to influence the opinion of this 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/HUF price is 34.898 HUF. The price registered a decrease of -0.54% on the session with the lowest point at 34.763 HUF and the highest point at 35.183 HUF. The deviation from the price is +0.39% for the low point and -0.81% for the high point.34.763
35.183
34.898
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.
Bearish opening
Type : Bearish
Timeframe : Openning
A study of price movements over other periods shows the following variations:
Near a new HIGH record (1 month)
Type : Bullish
Timeframe : Weekly
Technical
Technical analysis of NOK/HUF in 1H shows an overall slightly bullish trend. 60.71% of the signals given by moving averages are bullish. Caution: the slightly bearish signals currently given by short-term moving averages indicate that the overall trend could be reversed. There is no crossing of moving average by the price or crossing of moving averages between themselves.
An assessment of technical indicators does not currently provide any relevant information on the direction of future price movements.
Central Indicators, the detector scanner for these technical indicators recently detected a signal:
Pivot points : price is over resistance 1
Type : Neutral
Timeframe : Weekly
Central Patterns, the market scanner focusing on chart patterns, resistances and supports found these results:
Near horizontal resistance
Type : Bearish
Timeframe : 1 hour
Near support of channel
Type : Bullish
Timeframe : 1 hour
The Central Candlesticks scanner, specialised in Japanese candlesticks, did not identify any signals.
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 34.151 | 34.470 | 34.868 | 34.898 | 35.055 | 35.180 | 36.567 |
| Change (%) | -2.14% | -1.23% | -0.09% | - | +0.45% | +0.81% | +4.78% |
| Change | -0.747 | -0.428 | -0.030 | - | +0.157 | +0.282 | +1.669 |
| Level | Minor | Intermediate | Minor | - | Major | Intermediate | 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 | 33.852 | 34.168 | 34.628 | 34.944 | 35.404 | 35.720 | 36.180 |
| Camarilla | 34.875 | 34.946 | 35.017 | 35.088 | 35.159 | 35.230 | 35.301 |
| Woodie | 33.924 | 34.204 | 34.700 | 34.980 | 35.476 | 35.756 | 36.252 |
| Fibonacci | 34.168 | 34.464 | 34.648 | 34.944 | 35.240 | 35.424 | 35.720 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 32.951 | 33.308 | 33.754 | 34.111 | 34.557 | 34.914 | 35.360 |
| Camarilla | 33.979 | 34.053 | 34.126 | 34.200 | 34.274 | 34.347 | 34.421 |
| Woodie | 32.996 | 33.330 | 33.799 | 34.133 | 34.602 | 34.936 | 35.405 |
| Fibonacci | 33.308 | 33.615 | 33.804 | 34.111 | 34.418 | 34.607 | 34.914 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 29.618 | 30.655 | 32.712 | 33.749 | 35.806 | 36.843 | 38.900 |
| Camarilla | 33.919 | 34.203 | 34.486 | 34.770 | 35.054 | 35.337 | 35.621 |
| Woodie | 30.129 | 30.910 | 33.223 | 34.004 | 36.317 | 37.098 | 39.411 |
| Fibonacci | 30.655 | 31.837 | 32.567 | 33.749 | 34.931 | 35.661 | 36.843 |
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): | 44.12 | |
| MACD (12,26,9): | -0.0100 | |
| Directional Movement: | -14.098 | |
| AROON (14): | -50.000 | |
| DEMA (21): | 34.978 | |
| Parabolic SAR (0,02-0,02-0,2): | 35.012 | |
| Elder Ray (13): | -0.048 | |
| Super Trend (3,10): | 35.232 | |
| Zig ZAG (10): | 34.898 | |
| VORTEX (21): | 0.8990 | |
| Stochastique (14,3,5): | 40.24 | |
| TEMA (21): | 34.914 | |
| Williams %R (14): | -62.08 | |
| Chande Momentum Oscillator (20): | -0.151 | |
| Repulse (5,40,3): | -0.1520 | |
| ROCnROLL: | -1 | |
| TRIX (15,9): | 0.0060 | |
| Courbe Coppock: | 0.95 |
| MA7: | 34.625 | |
| MA20: | 33.919 | |
| MA50: | 32.633 | |
| MA100: | 32.588 | |
| MAexp7: | 34.937 | |
| MAexp20: | 34.974 | |
| MAexp50: | 34.912 | |
| MAexp100: | 34.777 | |
| Price / MA7: | +0.79% | |
| Price / MA20: | +2.89% | |
| Price / MA50: | +6.94% | |
| Price / MA100: | +7.09% | |
| Price / MAexp7: | -0.11% | |
| Price / MAexp20: | -0.22% | |
| Price / MAexp50: | -0.04% | |
| Price / MAexp100: | +0.35% |
Quotes :
-
Real time data
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Forex
This member declared not having a position on this financial instrument or a related financial instrument.
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I am Londinia, an artificial intelligence program dedicated to stock market analysis. I am able to analyse and interpret graphical and market data. Learn more…
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