NZD/NOK

- NOK (-)

- Real time data - Forex

Open:	-
Change:	-
Volume:	-

Low:	-
High:	-
High / Low range:	-

Type:	Forex
Ticker:	NZDNOK
ISIN:

NZD/NOK - Daily - Technical analysis published on 05/17/2023 (GMT)

Londinia

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Timeframe : Daily
- Analysis generated on
Status : INVALID

Summary of the analysis

Trends

Short term: Strongly bullish

Underlying: Strongly bullish

Technical indicators

94%

My opinion

Bullish above 6.6035 NOK

My targets

6.8814 NOK (+0.1541)

My analysis

The bullish trend is currently very strong on NZD/NOK. As long as the price remains above the support at 6.6035 NOK, you could try to benefit from the boom. The first bullish objective is located at 6.8814 NOK. The bullish momentum would be boosted by a break in this resistance. Be careful, given the powerful bullish rally underway, excesses could lead to a possible correction in the short term. If this is the case, remember that trading against the trend may be riskier. It would seem more appropriate to wait for a signal indicating reversal of the trend.

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

9.1

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

NZD/NOK rating 6.7273 NOK. On the day, this instrument gained +0.60% and was between 6.6821 NOK and 6.7312 NOK. This implies that the price is at +0.68% from its lowest and at -0.06% from its highest.

6.6821

6.7312

6.7273

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

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 HIGH record (1 year)

Type : Bullish

Timeframe : Weekly

Near a new HIGH record (1st january)

Type : Bullish

Timeframe : Weekly

Near a new LOW record (1 month)

Type : Bearish

Timeframe : Weekly

Technical

A technical analysis in Daily of this NZD/NOK chart shows a strongly bullish trend. The signals given by the moving averages are 92.86% bullish. This strong bullish trend is confirmed by the strong 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 trend reversal : adaptative moving average 20

Type : Bullish

Timeframe : Daily

An assessment of technical indicators shows a strong bullish signal.
Caution: the Central Indicators scanner currently detects an excess:

Williams %R indicator is overbought : over -20

Type : Neutral

Timeframe : Daily

Central Indicators, the scanner specialised in technical indicators, has identified these signals:

Pivot points : price is over resistance 1

Type : Neutral

Timeframe : Daily

Pivot points : price is over resistance 1

Type : Neutral

Timeframe : Weekly

MACD crosses UP its Moving Average

Type : Bullish

Timeframe : Daily

Central Patterns, the scanner specializing in chart patterns, did not identify any signals.

The Central Candlesticks scanner which studies Japanese candlesticks did not detect anything.

ProTrendLines

Price

	S3	S2	S1	Price
ProTrendLines	6.4051	6.6035	6.7049	6.7273
Change (%)	-4.79%	-1.84%	-0.33%	-
Change	-0.3222	-0.1238	-0.0224	-
Level	Intermediate	Intermediate	Major	-

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

Daily

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	6.5651	6.5909	6.6390	6.6648	6.7129	6.7387	6.7868
Camarilla	6.6668	6.6736	6.6803	6.6871	6.6939	6.7007	6.7074
Woodie	6.5763	6.5965	6.6502	6.6704	6.7241	6.7443	6.7980
Fibonacci	6.5909	6.6191	6.6366	6.6648	6.6930	6.7105	6.7387

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	6.4209	6.5136	6.5609	6.6536	6.7009	6.7936	6.8409
Camarilla	6.5698	6.5826	6.5955	6.6083	6.6211	6.6340	6.6468
Woodie	6.3983	6.5023	6.5383	6.6423	6.6783	6.7823	6.8183
Fibonacci	6.5136	6.5671	6.6001	6.6536	6.7071	6.7401	6.7936

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	6.2349	6.3198	6.4504	6.5353	6.6659	6.7508	6.8814
Camarilla	6.5216	6.5414	6.5612	6.5809	6.6007	6.6204	6.6402
Woodie	6.2577	6.3312	6.4732	6.5467	6.6887	6.7622	6.9042
Fibonacci	6.3198	6.4022	6.4530	6.5353	6.6177	6.6685	6.7508

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):	60.16
MACD (12,26,9):	0.0411
Directional Movement:	13.6947
AROON (14):	71.4286
DEMA (21):	6.6881
Parabolic SAR (0,02-0,02-0,2):	6.7344
Elder Ray (13):	0.0482
Super Trend (3,10):	6.4950
Zig ZAG (10):	6.7277
VORTEX (21):	1.1388
Stochastique (14,3,5):	72.70
TEMA (21):	6.7045
Williams %R (14):	-8.64
Chande Momentum Oscillator (20):	0.1045
Repulse (5,40,3):	1.1651
ROCnROLL:	1
TRIX (15,9):	0.0854
Courbe Coppock:	3.85

MA7:	6.6777
MA20:	6.6255
MA50:	6.5714
MA100:	6.4879
MAexp7:	6.6769
MAexp20:	6.6353
MAexp50:	6.5711
MAexp100:	6.4892
Price / MA7:	+0.74%
Price / MA20:	+1.54%
Price / MA50:	+2.37%
Price / MA100:	+3.69%
Price / MAexp7:	+0.75%
Price / MAexp20:	+1.39%
Price / MAexp50:	+2.38%
Price / MAexp100:	+3.67%

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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