CHF/NOK - 1H - Technical analysis published on 05/09/2024 (GMT)
- 96
- 0
- Timeframe : 1H
- - Analysis generated on
- Status : NEUTRAL
Summary of the analysis
Trends
Short term:
Neutral
Underlying:
Neutral
Technical indicators
17%
39%
44%
My opinion
Neutral between 11.9657 NOK and 12.0567 NOK
My targets
-
My analysis
The short-term and basic trend is neutral. In this situation, the price of CHF/NOK could just as easily move towards the first resistance as the first support. No statistical advantage is given for one of these levels to be achieved before the other. It will be necessary to create a new automated analysis when the conditions have progressed. This may be the case, for example, when the first resistance has been broken above or the first support has been broken below. The first resistance is located at 12.0567 NOK. The first support is located at 11.9657 NOK.
In the very short term, technical indicators are bearish and could soon allow change to a bearish sentiment.
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Additional analysis
Quotes
The CHF/NOK rating is 12.0095 NOK. On the day, this instrument gained +0.00% and was traded between 11.9943 NOK and 12.0218 NOK over the period. The price is currently at +0.13% from its lowest and -0.10% from its highest.11.9943
12.0218
12.0095
The Central Gaps scanner detects a bullish opening marking the presence of buyers ahead of sellers at the opening but not sufficiently marked to allow the price to register a quotation gap.
Bullish opening
Type : Bullish
Timeframe : Openning
So that you have an overall view of the price change, here is a table showing the variations over several periods:
Near a new HIGH record (5 years)
Type : Bullish
Timeframe : Weekly
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 CHF/NOK in 1H shows a neutral overall trend. This indecision is confirmed by the neutral signals currently being given by short-term moving averages. The Central Indicators scanner detects a bullish signal on moving averages that could impact this trend:
Bullish price crossover with Moving Average 20
Type : Bullish
Timeframe : 1 hour
In fact, only 7 technical indicators out of 18 studied are currently positioned bearish. Central Indicators, the detector scanner for these technical indicators has recently detected several signals:
Momentum indicator is back over 0
Type : Bullish
Timeframe : 1 hour
Williams %R indicator is back over -50
Type : Bullish
Timeframe : 1 hour
An analysis of the price chart with the Central Patterns scanner (detector of chart patterns and resistances and supports) shows several results that can have an impact on the price change:
Near horizontal support
Type : Bullish
Timeframe : 1 hour
Support of channel is broken
Type : Bearish
Timeframe : 1 hour
For a small setback in the very short term, the Central Candlesticks scanner currently notes the presence of this bearish pattern in Japanese candlesticks:
Bearish harami
Type : Bearish
Timeframe : 1 hour
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 11.7958 | 11.9241 | 11.9657 | 12.0095 | 12.0101 | 12.0567 | 12.1222 |
| Change (%) | -1.78% | -0.71% | -0.36% | - | +0.00% | +0.39% | +0.94% |
| Change | -0.2137 | -0.0854 | -0.0438 | - | +0.0006 | +0.0472 | +0.1127 |
| Level | Minor | Major | Minor | - | Minor | 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 | 11.9266 | 11.9618 | 11.9857 | 12.0209 | 12.0448 | 12.0800 | 12.1039 |
| Camarilla | 11.9935 | 11.9989 | 12.0043 | 12.0097 | 12.0151 | 12.0205 | 12.0260 |
| Woodie | 11.9211 | 11.9590 | 11.9802 | 12.0181 | 12.0393 | 12.0772 | 12.0984 |
| Fibonacci | 11.9618 | 11.9843 | 11.9983 | 12.0209 | 12.0434 | 12.0574 | 12.0800 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 11.7367 | 11.8512 | 11.9334 | 12.0479 | 12.1301 | 12.2446 | 12.3268 |
| Camarilla | 11.9615 | 11.9795 | 11.9976 | 12.0156 | 12.0336 | 12.0517 | 12.0697 |
| Woodie | 11.7206 | 11.8431 | 11.9173 | 12.0398 | 12.1140 | 12.2365 | 12.3107 |
| Fibonacci | 11.8512 | 11.9263 | 11.9728 | 12.0479 | 12.1230 | 12.1695 | 12.2446 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 11.2641 | 11.5156 | 11.8024 | 12.0539 | 12.3407 | 12.5922 | 12.8790 |
| Camarilla | 11.9411 | 11.9904 | 12.0398 | 12.0891 | 12.1384 | 12.1878 | 12.2371 |
| Woodie | 11.2817 | 11.5244 | 11.8200 | 12.0627 | 12.3583 | 12.6010 | 12.8966 |
| Fibonacci | 11.5156 | 11.7213 | 11.8483 | 12.0539 | 12.2596 | 12.3866 | 12.5922 |
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): | 49.41 | |
| MACD (12,26,9): | -0.0017 | |
| Directional Movement: | 2.6919 | |
| AROON (14): | -42.8572 | |
| DEMA (21): | 12.0075 | |
| Parabolic SAR (0,02-0,02-0,2): | 11.9959 | |
| Elder Ray (13): | 0.0001 | |
| Super Trend (3,10): | 12.0410 | |
| Zig ZAG (10): | 12.0057 | |
| VORTEX (21): | 0.9265 | |
| Stochastique (14,3,5): | 41.38 | |
| TEMA (21): | 12.0022 | |
| Williams %R (14): | -62.93 | |
| Chande Momentum Oscillator (20): | -0.0024 | |
| Repulse (5,40,3): | -0.0179 | |
| ROCnROLL: | 2 | |
| TRIX (15,9): | -0.0027 | |
| Courbe Coppock: | 0.09 |
| MA7: | 12.0142 | |
| MA20: | 12.0319 | |
| MA50: | 11.9706 | |
| MA100: | 12.0186 | |
| MAexp7: | 12.0078 | |
| MAexp20: | 12.0094 | |
| MAexp50: | 12.0084 | |
| MAexp100: | 12.0110 | |
| Price / MA7: | -0.04% | |
| Price / MA20: | -0.19% | |
| Price / MA50: | +0.32% | |
| Price / MA100: | -0.08% | |
| Price / MAexp7: | +0.01% | |
| Price / MAexp20: | +0.00% | |
| Price / MAexp50: | +0.01% | |
| Price / MAexp100: | -0.01% |
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.
About author
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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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