CHF/HKD - Daily - Technical analysis published on 07/20/2022 (GMT)
- 157
- 0
- Timeframe : Daily
- - Analysis generated on
- Status : NEUTRAL
Summary of the analysis
Trends
Short term:
Bullish
Underlying:
Slightly bearish
Technical indicators
50%
22%
28%
My opinion
Neutral between 7.9291 HKD and 8.2016 HKD
My targets
-
My analysis
The short-term increase on CHF/HKD remains moderate but could challenge the slightly bearish basic trend. It is difficult to advise a trading direction under these conditions. The first resistance is located at 8.2016 HKD. The first support is located at 7.9291 HKD. You could remain on the sidelines waiting for a more pronounced price movement on this instrument. A new analysis could then be carried out to provide clearer signals.
In the very short term, technical indicators are neutral and are not able to influence the opinion of this 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/HKD price is 8.1010 HKD. The price registered a decrease of -0.01% on the session and was traded between 8.0993 HKD and 8.1111 HKD over the period. The price is currently at +0.02% from its lowest and -0.12% from its highest.8.0993
8.1111
8.1010
A study of price movements over other periods shows the following variations:
Near a new LOW record (5 years)
Type : Bearish
Timeframe : Weekly
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
A technical analysis in Daily of this CHF/HKD chart shows a slightly bearish trend. 53.57% of the signals given by moving averages are bearish. Caution: the slightly bullish signals currently given by short-term moving averages could cause a reversal of the trend. An assessment of moving averages reveals several bullish signals that could impact this trend:
Bullish trend reversal : adaptative moving average 20
Type : Bullish
Timeframe : Daily
Bullish trend reversal : adaptative moving average 50
Type : Bullish
Timeframe : Daily
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.
Central Indicators, the detector scanner for these technical indicators recently detected a signal:
Pivot points : price is over resistance 1
Type : Neutral
Timeframe : Weekly
Central Patterns, the market scanner focusing on chart patterns, resistances and supports found this result:
Near horizontal resistance
Type : Bearish
Timeframe : Daily
The Central Candlesticks scanner which studies Japanese candlesticks did not detect anything.
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 7.5279 | 7.6850 | 7.8529 | 8.1010 | 8.1143 | 8.2016 | 8.3795 |
| Change (%) | -7.07% | -5.14% | -3.06% | - | +0.16% | +1.24% | +3.44% |
| Change | -0.5731 | -0.4160 | -0.2481 | - | +0.0133 | +0.1006 | +0.2785 |
| Level | Major | Intermediate | Major | - | Intermediate | 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 | 7.9283 | 7.9744 | 8.0382 | 8.0843 | 8.1481 | 8.1942 | 8.2580 |
| Camarilla | 8.0717 | 8.0818 | 8.0918 | 8.1019 | 8.1120 | 8.1221 | 8.1321 |
| Woodie | 7.9371 | 7.9788 | 8.0470 | 8.0887 | 8.1569 | 8.1986 | 8.2668 |
| Fibonacci | 7.9744 | 8.0164 | 8.0424 | 8.0843 | 8.1263 | 8.1523 | 8.1942 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 7.8671 | 7.9041 | 7.9715 | 8.0085 | 8.0759 | 8.1129 | 8.1803 |
| Camarilla | 8.0102 | 8.0198 | 8.0293 | 8.0389 | 8.0485 | 8.0580 | 8.0676 |
| Woodie | 7.8823 | 7.9117 | 7.9867 | 8.0161 | 8.0911 | 8.1205 | 8.1955 |
| Fibonacci | 7.9041 | 7.9440 | 7.9686 | 8.0085 | 8.0484 | 8.0730 | 8.1129 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 7.4757 | 7.6432 | 7.9291 | 8.0966 | 8.3825 | 8.5500 | 8.8359 |
| Camarilla | 8.0903 | 8.1319 | 8.1734 | 8.2150 | 8.2566 | 8.2981 | 8.3397 |
| Woodie | 7.5349 | 7.6728 | 7.9883 | 8.1262 | 8.4417 | 8.5796 | 8.8951 |
| Fibonacci | 7.6432 | 7.8164 | 7.9234 | 8.0966 | 8.2698 | 8.3768 | 8.5500 |
Numerical data
The following is the status of the technical indicators and moving averages at the time of publication of this technical analysis:
Technical indicators
Moving averages
| RSI (14): | 53.27 | |
| MACD (12,26,9): | -0.0126 | |
| Directional Movement: | 3.5843 | |
| AROON (14): | -71.4286 | |
| DEMA (21): | 8.0582 | |
| Parabolic SAR (0,02-0,02-0,2): | 7.9449 | |
| Elder Ray (13): | 0.0399 | |
| Super Trend (3,10): | 7.9763 | |
| Zig ZAG (10): | 8.1026 | |
| VORTEX (21): | 0.9951 | |
| Stochastique (14,3,5): | 46.73 | |
| TEMA (21): | 8.0495 | |
| Williams %R (14): | -42.64 | |
| Chande Momentum Oscillator (20): | -0.0637 | |
| Repulse (5,40,3): | 0.6847 | |
| ROCnROLL: | -1 | |
| TRIX (15,9): | -0.0163 | |
| Courbe Coppock: | 3.39 |
| MA7: | 8.0365 | |
| MA20: | 8.1036 | |
| MA50: | 8.0717 | |
| MA100: | 8.1804 | |
| MAexp7: | 8.0613 | |
| MAexp20: | 8.0724 | |
| MAexp50: | 8.0990 | |
| MAexp100: | 8.1679 | |
| Price / MA7: | +0.80% | |
| Price / MA20: | -0.03% | |
| Price / MA50: | +0.36% | |
| Price / MA100: | -0.97% | |
| Price / MAexp7: | +0.49% | |
| Price / MAexp20: | +0.35% | |
| Price / MAexp50: | +0.02% | |
| Price / MAexp100: | -0.82% |
Quotes :
-
Real time data
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Forex
This member declared not having a position on this financial instrument or a related financial instrument.
About author
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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…
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