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

NOK/PLN - 1H - Technical analysis published on 07/18/2022 (GMT)

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  • Timeframe : 1H
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Summary of the analysis

Trends
Short term: Strongly bearish
Underlying: Strongly bearish
Technical indicators
33%
50%
17%
My opinion
Bearish under 0.4669 PLN
My targets
0.4644 PLN (-0.0014)
0.4609 PLN (-0.0049)
My analysis
All elements being clearly bearish, it would be possible for traders to trade only short positions (for sale) on NOK/PLN as long as the price remains well below 0.4669 PLN. The sellers' bearish objective is set at 0.4644 PLN. A bearish break of this support would revive the bearish momentum. The sellers could then target the support located at 0.4609 PLN. In case of crossing, the next objective would be the support located at 0.4580 PLN. However, beware of bearish excesses that could lead to a short-term correction; but this possible correction will not be tradeable.

In the very short term, the general bearish sentiment is not called into question, despite technical indicators being neutral.
Force
0
10
6.6

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

NOK/PLN rating 0.4658 PLN. The price registered an increase of +0.13% on the session with the lowest point at 0.4648 PLN and the highest point at 0.4662 PLN. The deviation from the price is +0.22% for the low point and -0.09% for the high point.

0.4648
0.4662
0.4658

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

Central Records

Near a new LOW record (1st january)

Type : Bearish

Timeframe : Weekly


Near a new LOW record (1 month)

Type : Bearish

Timeframe : Weekly



Technical


Technical analysis of NOK/PLN in 1H shows a overall strongly bearish trend. The signals given by moving averages are 92.86% bearish. This strong bearish trend is confirmed by the strong signals currently being given by short-term moving averages. The Central Indicators market scanner currently does not detect any result that concerns moving averages.

In fact, Central Analyzer took into account 18 technical indicators and the result was as follows: 6 are bullish, 3 are neutral and 9 are bearish. Central Indicators, the detector scanner for these technical indicators recently detected a signal:

Central Indicators

Momentum indicator is back over 0

Type : Bullish

Timeframe : 1 hour



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

Central Patterns

Near horizontal support

Type : Bullish

Timeframe : 1 hour


Near support of channel

Type : Bullish

Timeframe : 1 hour


Near support of triangle

Type : Bullish

Timeframe : 1 hour



There is also a Japanese candlestick pattern detected by Central Candlesticks that could mark the end of the current short-term trend:

Central Candlesticks

Doji

Type : Neutral

Timeframe : 1 hour




ProTrendLines
S3
S2
S1
R1
R2
R3
Price


S3S2S1PriceR1R2R3
ProTrendLines 0.4580 0.4609 0.4644 0.4658 0.4669 0.4690 0.4705
Change (%) -1.67% -1.05% -0.30% - +0.24% +0.69% +1.01%
Change -0.0078 -0.0049 -0.0014 - +0.0011 +0.0032 +0.0047
Level Minor Intermediate Major - Intermediate Intermediate Minor



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

Daily
Pivot points S3 S2 S1 PP R1 R2 R3
Standard0.46030.46190.46350.46510.46670.46830.4699
Camarilla0.46430.46460.46490.46520.46550.46580.4661
Woodie0.46040.46190.46360.46510.46680.46830.4700
Fibonacci0.46190.46310.46380.46510.46630.46700.4683


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard0.45240.45790.46200.46750.47160.47710.4812
Camarilla0.46350.46430.46520.46610.46700.46790.4687
Woodie0.45170.45760.46130.46720.47090.47680.4805
Fibonacci0.45790.46160.46380.46750.47120.47340.4771


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard0.43190.43750.44660.45220.46130.46690.4760
Camarilla0.45160.45290.45430.45560.45700.45830.4596
Woodie0.43360.43840.44830.45310.46300.46780.4777
Fibonacci0.43750.44320.44660.45220.45790.46130.4669

Numerical data


The following is the status of the technical indicators and moving averages at the time of publication of this technical analysis:

Technical indicators
Moving averages

RSI (14): 40.01
MACD (12,26,9): -0.0010
Directional Movement: -9.3973
AROON (14): -85.7143
DEMA (21): 0.4650
Parabolic SAR (0,02-0,02-0,2): 0.4667
Elder Ray (13): -0.0007
Super Trend (3,10): 0.4687
Zig ZAG (10): 0.4653
VORTEX (21): 0.8585
Stochastique (14,3,5): 39.28
TEMA (21): 0.4647
Williams %R (14): -51.28
Chande Momentum Oscillator (20): -0.0004
Repulse (5,40,3): 0.0257
ROCnROLL: 2
TRIX (15,9): -0.0305
Courbe Coppock: 0.82
MA7: 0.4677
MA20: 0.4601
MA50: 0.4551
MA100: 0.4691
MAexp7: 0.4654
MAexp20: 0.4663
MAexp50: 0.4677
MAexp100: 0.4678
Price / MA7: -0.41%
Price / MA20: +1.24%
Price / MA50: +2.35%
Price / MA100: -0.70%
Price / MAexp7: +0.02%
Price / MAexp20: -0.17%
Price / MAexp50: -0.47%
Price / MAexp100: -0.49%

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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