CAD/HUF - 1H - Technical analysis published on 04/17/2025 (GMT)
- 92
- 0
Oops, I was wrong about that analysis. My threshold for invalidation has been broken.
Click here for a new analysis!
Click here for a new analysis!
- Timeframe : 1H
- - Analysis generated on
- Status : INVALID
Summary of the analysis
Trends
Short term:
Bearish
Underlying:
Strongly bearish
Technical indicators
39%
17%
44%
My opinion
Bearish under 259.36 HUF
My targets
257.25 HUF (-0.80)
256.48 HUF (-1.57)
My analysis
The bearish basic trend is very strong on CAD/HUF but the short term shows some signs of running out of steam. However, a sale could be considered as long as the price remains below 259.36 HUF. Crossing the first support at 257.25 HUF would be a sign of a further potential price plummet. Sellers would then use the next support located at 256.48 HUF as an objective. Crossing it would then enable sellers to target 254.17 HUF. Caution, a return to above the resistance located at 259.36 HUF would be a sign of a possible consolidation phase of the short-term basic trend. 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.
In the very short term, the general bearish opinion of this analysis is in opposition with technical indicators. As long as the invalidation level of this analysis is not breached, the bearish direction is still favored, however the current short term correction should be carefully watched.
Force
0
10
4.6
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
CAD/HUF rating 258.05 HUF. The price is lower by -0.04% since the last closing and was traded between 257.98 HUF and 259.02 HUF over the period. The price is currently at +0.03% from its lowest and -0.37% from its highest.257.98
259.02
258.05
The Central Gaps scanner detects a bearish opening. A small advantage for sellers in the very short term.
Bearish opening
Type : Bearish
Timeframe : Openning
A study of price movements over other periods shows the following variations:
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
The Central Volumes scanner notes the presence of abnormal volumes:
Abnormal volumes
Timeframe : 20 days
Technical
Technical analysis of this 1H chart of CAD/HUF indicates that the overall trend is strongly bearish. 89.29% of the signals given by moving averages are bearish. The slightly bearish signals from short-term moving averages show that the overall trend is slowing down. The Central Indicators market scanner is currently detecting a bearish signal that could impact this trend:
Bearish trend reversal : Moving Average 100
Type : Bearish
Timeframe : 1 hour
The probability of a further increase is slight given the direction of the technical indicators.
The Central Indicators scanner found this result concerning these indicators:
Price is back over the pivot point (Daily)
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 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
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 254.17 | 256.48 | 257.25 | 258.05 | 259.36 | 261.54 | 262.48 |
| Change (%) | -1.50% | -0.61% | -0.31% | - | +0.51% | +1.35% | +1.72% |
| Change | -3.88 | -1.57 | -0.80 | - | +1.31 | +3.49 | +4.43 |
| Level | Major | Minor | Intermediate | - | Major | Major | Major |
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 | 255.49 | 256.37 | 257.26 | 258.14 | 259.03 | 259.91 | 260.80 |
| Camarilla | 257.66 | 257.83 | 257.99 | 258.15 | 258.31 | 258.48 | 258.64 |
| Woodie | 255.50 | 256.37 | 257.27 | 258.14 | 259.04 | 259.91 | 260.81 |
| Fibonacci | 256.37 | 257.05 | 257.46 | 258.14 | 258.82 | 259.23 | 259.91 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 248.60 | 252.71 | 256.33 | 260.44 | 264.06 | 268.17 | 271.79 |
| Camarilla | 257.81 | 258.52 | 259.23 | 259.94 | 260.65 | 261.36 | 262.07 |
| Woodie | 248.35 | 252.59 | 256.08 | 260.32 | 263.81 | 268.05 | 271.54 |
| Fibonacci | 252.71 | 255.67 | 257.49 | 260.44 | 263.40 | 265.22 | 268.17 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 235.08 | 243.94 | 251.32 | 260.18 | 267.56 | 276.42 | 283.80 |
| Camarilla | 254.23 | 255.72 | 257.21 | 258.70 | 260.19 | 261.68 | 263.17 |
| Woodie | 234.34 | 243.57 | 250.58 | 259.81 | 266.82 | 276.05 | 283.06 |
| Fibonacci | 243.94 | 250.14 | 253.98 | 260.18 | 266.38 | 270.22 | 276.42 |
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): | 46.60 | |
| MACD (12,26,9): | -0.0300 | |
| Directional Movement: | 2.46 | |
| AROON (14): | 78.57 | |
| DEMA (21): | 258.19 | |
| Parabolic SAR (0,02-0,02-0,2): | 257.64 | |
| Elder Ray (13): | -0.05 | |
| Super Trend (3,10): | 259.18 | |
| Zig ZAG (10): | 258.12 | |
| VORTEX (21): | 1.0400 | |
| Stochastique (14,3,5): | 54.82 | |
| TEMA (21): | 258.41 | |
| Williams %R (14): | -54.61 | |
| Chande Momentum Oscillator (20): | 0.20 | |
| Repulse (5,40,3): | -0.1300 | |
| ROCnROLL: | 2 | |
| TRIX (15,9): | 0.0000 | |
| Courbe Coppock: | 0.32 |
| MA7: | 259.39 | |
| MA20: | 259.53 | |
| MA50: | 262.15 | |
| MA100: | 269.10 | |
| MAexp7: | 258.34 | |
| MAexp20: | 258.30 | |
| MAexp50: | 258.63 | |
| MAexp100: | 259.13 | |
| Price / MA7: | -0.52% | |
| Price / MA20: | -0.57% | |
| Price / MA50: | -1.56% | |
| Price / MA100: | -4.11% | |
| Price / MAexp7: | -0.11% | |
| Price / MAexp20: | -0.10% | |
| Price / MAexp50: | -0.22% | |
| Price / MAexp100: | -0.42% |
Quotes :
-
Real time data
-
Forex
This member declared not having a position on this financial instrument or a related financial instrument.
About author
Online
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…
Add a comment
Comments
0 comments on the analysis CAD/HUF - 1H