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 05/10/2024 (GMT)

Londinia

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Timeframe : 1H
- Analysis generated on
Status : INVALID

Summary of the analysis

Trends

Short term: Strongly bullish

Underlying: Bullish

Technical indicators

72%

22%

My opinion

Bullish above 0.3670 PLN

My targets

0.3696 PLN (+0.0016)

0.3712 PLN (+0.0032)

My analysis

NOK/PLN is part of a very strong bullish trend. Traders may consider trading only long positions (at the time of purchase) as long as the price remains well above 0.3670 PLN. The next resistance located at 0.3696 PLN is the next bullish target to be reached. A bullish break in this resistance would boost the bullish momentum. The bullish movement could then continue towards the next resistance located at 0.3712 PLN. After this resistance, buyers could then target 0.3756 PLN.

Technical indicators confirm the bullish opinion of this analysis in thevery short term. However, be careful of excessive bullish movements. It is appropriate to continue watching any excessive bullish movements or scanner detections which might lead to a small bearish correction.

Force

6.3

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 NOK/PLN rating is 0.3680 PLN. The price registered an increase of +0.41% on the session with the lowest point at 0.3663 PLN and the highest point at 0.3691 PLN. The deviation from the price is +0.46% for the low point and -0.30% for the high point.

0.3663

0.3691

0.3680

Here is a more detailed summary of the historical variations registered by NOK/PLN:

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

Near a new LOW record (1 year)

Type : Bearish

Timeframe : Weekly

Near a new LOW record (1st january)

Type : Bearish

Timeframe : Weekly

Near a new HIGH record (1 month)

Type : Bullish

Timeframe : Weekly

Technical

Technical analysis of this 1H chart of NOK/PLN indicates that the overall trend is bullish. 71.43% of the signals given by moving averages are bullish. The overall trend is reinforced by the strong bullish signals from short-term moving averages. The Central Indicators scanner does not detect any result on moving averages that would impact this trend.

In fact, 13 technical indicators on 18 studied are currently positioned bullish. Central Indicators, the scanner specialised in technical indicators, has identified these signals:

Pivot points : price is over resistance 1

Type : Neutral

Timeframe : 1 hour

Price is back under the pivot point

Type : Bearish

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

Resistance of channel is broken

Type : Bullish

Timeframe : 1 hour

The Central Candlesticks scanner, specialised in Japanese candlesticks, did not identify any signals.

ProTrendLines

Price

	S3	S2	S1	Price	R1	R2	R3
ProTrendLines	0.3663	0.3670	0.3678	0.3680	0.3696	0.3712	0.3756
Change (%)	-0.46%	-0.27%	-0.05%	-	+0.43%	+0.87%	+2.07%
Change	-0.0017	-0.0010	-0.0002	-	+0.0016	+0.0032	+0.0076
Level	Minor	Major	Minor	-	Minor	Minor	Minor

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	0.3637	0.3646	0.3655	0.3664	0.3673	0.3682	0.3691
Camarilla	0.3660	0.3662	0.3663	0.3665	0.3667	0.3668	0.3670
Woodie	0.3638	0.3646	0.3656	0.3664	0.3674	0.3682	0.3692
Fibonacci	0.3646	0.3653	0.3657	0.3664	0.3671	0.3675	0.3682

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	0.3595	0.3619	0.3659	0.3683	0.3723	0.3747	0.3787
Camarilla	0.3681	0.3687	0.3693	0.3699	0.3705	0.3711	0.3717
Woodie	0.3603	0.3623	0.3667	0.3687	0.3731	0.3751	0.3795
Fibonacci	0.3619	0.3643	0.3659	0.3683	0.3707	0.3723	0.3747

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	0.3503	0.3570	0.3612	0.3679	0.3721	0.3788	0.3830
Camarilla	0.3623	0.3633	0.3643	0.3653	0.3663	0.3673	0.3683
Woodie	0.3490	0.3564	0.3599	0.3673	0.3708	0.3782	0.3817
Fibonacci	0.3570	0.3612	0.3638	0.3679	0.3721	0.3747	0.3788

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):	58.28
MACD (12,26,9):	0.0004
Directional Movement:	13.0082
AROON (14):	71.4286
DEMA (21):	0.3681
Parabolic SAR (0,02-0,02-0,2):	0.3690
Elder Ray (13):	0.0002
Super Trend (3,10):	0.3668
Zig ZAG (10):	0.3680
VORTEX (21):	1.1119
Stochastique (14,3,5):	59.71
TEMA (21):	0.3684
Williams %R (14):	-42.31
Chande Momentum Oscillator (20):	0.0011
Repulse (5,40,3):	-0.0693
ROCnROLL:	1
TRIX (15,9):	0.0151
Courbe Coppock:	0.86

MA7:	0.3679
MA20:	0.3681
MA50:	0.3700
MA100:	0.3762
MAexp7:	0.3680
MAexp20:	0.3676
MAexp50:	0.3673
MAexp100:	0.3674
Price / MA7:	+0.03%
Price / MA20:	-0.03%
Price / MA50:	-0.54%
Price / MA100:	-2.18%
Price / MAexp7:	-0%
Price / MAexp20:	+0.11%
Price / MAexp50:	+0.19%
Price / MAexp100:	+0.16%

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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