CHF/CNH
CHF CNH
- CNH (-)
- Real time data - Forex
Open: -
Change: -
Volume: -
Low: -
High: -
High / Low range: -
Type: Forex
Ticker: CHFCNH
ISIN:

CHF/CNH - 1H - Technical analysis published on 05/12/2023 (GMT)

  • 176
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  • Timeframe : 1H
  • - Analysis generated on
  • Status : NEUTRAL

Analysis too old. There are no more charts available.

Summary of the analysis

Trends
Short term: Neutral
Underlying: Slightly bullish
Technical indicators
67%
0%
33%
My opinion
Neutral between 7.77304 CNH and 7.80934 CNH
My targets
-
My analysis
The neutral short-term trend shows a weakening of the basic, slightly bullish trend on CHF/CNH. It is difficult to advise a trading direction under these conditions. The first resistance is located at 7.80934 CNH. The first support is located at 7.77304 CNH. We can stay away while waiting for a more pronounced price movement on this instrument. A new analysis could then be produced that would give clearer signals.

In the very short term, technical indicators are bullish and could soon allow change to a bullish sentiment.

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:
15 min. Daily Weekly

Additional analysis

Quotes

The CHF/CNH price is 7.78319 CNH. The price registered an increase of +0.00% on the session and was traded between 7.78236 CNH and 7.78451 CNH over the period. The price is currently at +0.01% from its lowest and -0.02% from its highest.

7.78236
7.78451
7.78319

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

Central Gaps

Bearish opening

Type : Bearish

Timeframe : Openning



So that you have an overall view of the price change, here is a table showing the variations over several periods:
The study of the highest / lowest by the Central Records scanner shows the following results:

Central Records

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


Technical analysis of CHF/CNH in 1H shows an overall slightly bullish trend. 57.14% of the signals given by moving averages are bullish. As the signals currently given by short-term moving averages are rather neutral, the overall trend could quickly return to neutral as well. The Central Indicators market scanner is currently detecting several bearish signals that could impact this trend:

Central Indicators

Bearish trend reversal : adaptative moving average 50

Type : Bearish

Timeframe : 1 hour


Bearish trend reversal : adaptative moving average 100

Type : Bearish

Timeframe : 1 hour



In fact, 12 technical indicators on 18 studied are currently bullish. Central Indicators, the detector scanner for these technical indicators recently detected a signal:

Central Indicators

Price is back over the pivot point

Type : Bullish

Timeframe : Weekly



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

Central Patterns

Near horizontal support

Type : Bullish

Timeframe : 1 hour


Near support of triangle

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


S3S2S1PriceR1R2R3
ProTrendLines 7.71908 7.76025 7.77304 7.78319 7.78672 7.80934 7.82674
Change (%) -0.82% -0.29% -0.13% - +0.05% +0.34% +0.56%
Change -0.06411 -0.02294 -0.01015 - +0.00353 +0.02615 +0.04355
Level Intermediate Intermediate Minor - Minor Intermediate 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
Standard7.709517.735777.759507.785767.809497.835757.85948
Camarilla7.769487.774077.778657.783237.787817.792407.79698
Woodie7.708257.735147.758247.785137.808237.835127.85822
Fibonacci7.735777.754877.766667.785767.804867.816657.83575


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard7.580597.648197.707357.774957.834117.901717.96087
Camarilla7.731667.743287.754907.766527.778147.789767.80138
Woodie7.576387.646087.703147.772847.829907.899607.95666
Fibonacci7.648197.696617.726527.774957.823377.853287.90171


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard7.204097.348457.543387.687747.882678.027038.22196
Camarilla7.645007.676107.707207.738307.769407.800507.83161
Woodie7.229377.361097.568667.700387.907958.039678.24724
Fibonacci7.348457.478067.558147.687747.817357.897438.02703

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): 50.11
MACD (12,26,9): -0.0009
Directional Movement: 3.35846
AROON (14): 14.28571
DEMA (21): 7.78167
Parabolic SAR (0,02-0,02-0,2): 7.76500
Elder Ray (13): 0.00264
Super Trend (3,10): 7.79980
Zig ZAG (10): 7.78479
VORTEX (21): 0.9337
Stochastique (14,3,5): 79.73
TEMA (21): 7.78146
Williams %R (14): -22.35
Chande Momentum Oscillator (20): 0.00944
Repulse (5,40,3): -0.0030
ROCnROLL: 1
TRIX (15,9): -0.0041
Courbe Coppock: 0.14
MA7: 7.79306
MA20: 7.75406
MA50: 7.60767
MA100: 7.49793
MAexp7: 7.78350
MAexp20: 7.78302
MAexp50: 7.78416
MAexp100: 7.78359
Price / MA7: -0.13%
Price / MA20: +0.38%
Price / MA50: +2.31%
Price / MA100: +3.80%
Price / MAexp7: +0.00%
Price / MAexp20: +0.00%
Price / MAexp50: -0.01%
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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