CHF/SEK

- SEK (-)

- Real time data - Forex

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Change:	-
Volume:	-

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High / Low range:	-

Type:	Forex
Ticker:	CHFSEK
ISIN:

CHF/SEK - 1H - Technical analysis published on 04/26/2024 (GMT)

Londinia

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Timeframe : 1H
- Analysis generated on
Status : TARGET REACHED

Summary of the analysis

Trends

Short term: Bullish

Underlying: Bullish

Technical indicators

22%

39%

My opinion

Bullish above 11.8691 SEK

My targets

11.9867 SEK (+0.0627)

12.0256 SEK (+0.1016)

My analysis

A bullish trend on CHF/SEK both in substance and in the short term. A purchase could be considered as long as the price remains above 11.8691 SEK. Each resistance break is a strong signal that the current trend will continue. The first bullish objective would be 11.9867 SEK. Then the price could move towards 12.0256 SEK. Then 12.0681 SEK by extension. Be careful, a return below 11.8691 SEK would be a sign of the trend weakening and a possible correction 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 could be riskier.

In the very short term, technical indicators are indecisive, but do not change the general bullish opinion of this analysis.

Force

2.3

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 CHF/SEK price is 11.9240 SEK. The price registered a decrease of -0.01% on the session with the lowest point at 11.9126 SEK and the highest point at 11.9300 SEK. The deviation from the price is +0.10% for the low point and -0.05% for the high point.

11.9126

11.9300

11.9240

A bearish opening was detected by the Central Gaps scanner. Sellers are trying to impose a bearish trend in the very short term.

Bearish opening

Type : Bearish

Timeframe : Openning

A study of price movements over other periods shows the following variations:

The study of the highest / lowest by the Central Records scanner shows the following results:

Near a new HIGH record (5 years)

Type : Bullish

Timeframe : Weekly

Near a new LOW record (1 year)

Type : Bearish

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 CHF/SEK chart shows a bullish trend. 64.29% of the signals given by moving averages are bullish. The overall trend seems to be showing some signs of weakness, as do the tentative bullish signals given by short-term moving averages. 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 to suggest whether the signal given by the technical indicators is more bullish or bearish.
Caution: the Central Indicators scanner currently detects an excess:

Williams %R indicator is oversold : under -80

Type : Neutral

Timeframe : 1 hour

Central Indicators, the detector scanner for these technical indicators has recently detected several signals:

RSI indicator is back over 50

Type : Bullish

Timeframe : 1 hour

Aroon indicator bearish trend

Type : Bearish

Timeframe : 1 hour

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

Near horizontal resistance

Type : Bearish

Timeframe : 1 hour

Near resistance of channel

Type : Bearish

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:

Doji

Type : Neutral

Timeframe : 1 hour

ProTrendLines

Price

	S3	S2	S1	Price	R1	R2	R3
ProTrendLines	11.7575	11.8306	11.8691	11.9240	11.9319	11.9867	12.0256
Change (%)	-1.40%	-0.78%	-0.46%	-	+0.07%	+0.53%	+0.85%
Change	-0.1665	-0.0934	-0.0549	-	+0.0079	+0.0627	+0.1016
Level	Minor	Intermediate	Major	-	Major	Major	Minor

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	11.7465	11.8079	11.8664	11.9278	11.9863	12.0477	12.1062
Camarilla	11.8920	11.9030	11.9140	11.9250	11.9360	11.9470	11.9580
Woodie	11.7452	11.8072	11.8651	11.9271	11.9850	12.0470	12.1049
Fibonacci	11.8079	11.8537	11.8820	11.9278	11.9736	12.0019	12.0477

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	11.4526	11.6578	11.8249	12.0301	12.1972	12.4024	12.5695
Camarilla	11.8895	11.9237	11.9578	11.9919	12.0260	12.0602	12.0943
Woodie	11.4335	11.6483	11.8058	12.0206	12.1781	12.3929	12.5504
Fibonacci	11.6578	11.8001	11.8879	12.0301	12.1724	12.2602	12.4024

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	11.2950	11.4408	11.6248	11.7706	11.9546	12.1004	12.2844
Camarilla	11.7181	11.7483	11.7786	11.8088	11.8390	11.8693	11.8995
Woodie	11.3141	11.4504	11.6439	11.7802	11.9737	12.1100	12.3035
Fibonacci	11.4408	11.5668	11.6446	11.7706	11.8966	11.9744	12.1004

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):	51.94
MACD (12,26,9):	0.0055
Directional Movement:	4.2186
AROON (14):	-85.7143
DEMA (21):	11.9320
Parabolic SAR (0,02-0,02-0,2):	11.9767
Elder Ray (13):	-0.0046
Super Trend (3,10):	11.8925
Zig ZAG (10):	11.9235
VORTEX (21):	1.0988
Stochastique (14,3,5):	21.92
TEMA (21):	11.9316
Williams %R (14):	-77.81
Chande Momentum Oscillator (20):	-0.0135
Repulse (5,40,3):	-0.0012
ROCnROLL:	-1
TRIX (15,9):	0.0112
Courbe Coppock:	0.04

MA7:	11.9375
MA20:	11.8732
MA50:	11.7835
MA100:	11.8765
MAexp7:	11.9240
MAexp20:	11.9232
MAexp50:	11.9158
MAexp100:	11.9233
Price / MA7:	-0.11%
Price / MA20:	+0.43%
Price / MA50:	+1.19%
Price / MA100:	+0.40%
Price / MAexp7:	-0%
Price / MAexp20:	+0.01%
Price / MAexp50:	+0.07%
Price / MAexp100:	+0.01%

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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Londinia AI

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