NOK/SGD - 1H - Technical analysis published on 12/30/2022 (GMT)
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- Timeframe : 1H
- - Analysis generated on
- Status : INVALID
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Summary of the analysis
Trends
Short term:
Bearish
Underlying:
Bearish
Technical indicators
78%
0%
22%
My opinion
Bearish under 0.1362 SGD
My targets
0.1353 SGD (-0.0006)
0.1345 SGD (-0.0014)
My analysis
There is a bearish trend on NOK/SGD both at the basic level and in the short term. A sale could be considered, so long as the price remains below 0.1362 SGD. Each support break is a strong signal that the current trend will continue. The first bearish objective would be 0.1353 SGD. Then the price could move towards 0.1345 SGD. Then 0.1320 SGD by extension. Be careful, a return to above the resistance 0.1362 SGD would be a sign of a weakening of the trend and a possible rebound phase could then occur. In this case, you could keep away while waiting for a signal that the basic trend will resume. Trading against the trend is perhaps more risky.
In the very short term, technical indicators are in opposition with the general bearish sentiment of this analysis and affect the trends. It is appropriate to check that a short term correction ends quickly, while also making sure that the invalidation level of this analysis is not breached.
Force
0
10
0.5
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This analysis was given by Londinia. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
NOK/SGD rating 0.1359 SGD. On the day, this instrument gained +0.07% with the lowest point at 0.1358 SGD and the highest point at 0.1359 SGD. The deviation from the price is +0.07% for the low point and 0% for the high point.0.1358
0.1359
0.1359
So that you have an overall view of the price change, here is a table showing the variations over several periods:
Technical
Technical analysis of NOK/SGD in 1H shows an overall bearish trend. The signals given by moving averages are at 64.29% bearish. This bearish trend shows slight signs of slowing down given the slightly bearish signals of short-term moving averages. The Central Indicators scanner detects bearish signals on moving averages that could impact this trend:
Bearish trend reversal : Moving Average 50
Type : Bearish
Timeframe : 1 hour
Bearish trend reversal : Moving Average 100
Type : Bearish
Timeframe : 1 hour
Technical indicators are strongly bullish, suggesting that the price increase should continue.
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 support
Type : Bullish
Timeframe : 1 hour
Support of channel is broken
Type : Bearish
Timeframe : 1 hour
No result was found by the Central Candlesticks scanner on Japanese candlesticks.
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 0.1320 | 0.1345 | 0.1353 | 0.1359 | 0.1362 | 0.1367 | 0.1373 |
| Change (%) | -2.87% | -1.03% | -0.44% | - | +0.22% | +0.59% | +1.03% |
| Change | -0.0039 | -0.0014 | -0.0006 | - | +0.0003 | +0.0008 | +0.0014 |
| Level | Major | Minor | Intermediate | - | Intermediate | Minor | Major |
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 |
|---|---|---|---|---|---|---|---|
| Standard | 0.1346 | 0.1351 | 0.1355 | 0.1360 | 0.1364 | 0.1369 | 0.1373 |
| Camarilla | 0.1356 | 0.1356 | 0.1357 | 0.1358 | 0.1359 | 0.1360 | 0.1361 |
| Woodie | 0.1345 | 0.1351 | 0.1354 | 0.1360 | 0.1363 | 0.1369 | 0.1372 |
| Fibonacci | 0.1351 | 0.1355 | 0.1357 | 0.1360 | 0.1364 | 0.1366 | 0.1369 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.1308 | 0.1326 | 0.1346 | 0.1364 | 0.1384 | 0.1402 | 0.1422 |
| Camarilla | 0.1355 | 0.1358 | 0.1362 | 0.1365 | 0.1369 | 0.1372 | 0.1376 |
| Woodie | 0.1308 | 0.1327 | 0.1346 | 0.1365 | 0.1384 | 0.1403 | 0.1422 |
| Fibonacci | 0.1326 | 0.1341 | 0.1350 | 0.1364 | 0.1379 | 0.1388 | 0.1402 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.1292 | 0.1315 | 0.1349 | 0.1372 | 0.1406 | 0.1429 | 0.1463 |
| Camarilla | 0.1367 | 0.1373 | 0.1378 | 0.1383 | 0.1388 | 0.1394 | 0.1399 |
| Woodie | 0.1298 | 0.1318 | 0.1355 | 0.1375 | 0.1412 | 0.1432 | 0.1469 |
| Fibonacci | 0.1315 | 0.1337 | 0.1350 | 0.1372 | 0.1394 | 0.1407 | 0.1429 |
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): | 55.91 | |
| MACD (12,26,9): | 0.0001 | |
| Directional Movement: | 12.9133 | |
| AROON (14): | 92.8571 | |
| DEMA (21): | 0.1370 | |
| Parabolic SAR (0,02-0,02-0,2): | 0.1365 | |
| Elder Ray (13): | 0.0003 | |
| Super Trend (3,10): | 0.1374 | |
| Zig ZAG (10): | 0.1371 | |
| VORTEX (21): | 1.0545 | |
| Stochastique (14,3,5): | 69.52 | |
| TEMA (21): | 0.1370 | |
| Williams %R (14): | -42.86 | |
| Chande Momentum Oscillator (20): | 0.0002 | |
| Repulse (5,40,3): | -0.0001 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | 0.0005 | |
| Courbe Coppock: | 0.22 |
| MA7: | 0.1370 | |
| MA20: | 0.1370 | |
| MA50: | 0.1367 | |
| MA100: | 0.1376 | |
| MAexp7: | 0.1370 | |
| MAexp20: | 0.1369 | |
| MAexp50: | 0.1369 | |
| MAexp100: | 0.1370 | |
| Price / MA7: | -0.80% | |
| Price / MA20: | -0.80% | |
| Price / MA50: | -0.59% | |
| Price / MA100: | -1.24% | |
| Price / MAexp7: | -0.80% | |
| Price / MAexp20: | -0.73% | |
| Price / MAexp50: | -0.73% | |
| Price / MAexp100: | -0.80% |
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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