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

CHF/HKD - 1H - Technical analysis published on 07/20/2022 (GMT)

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  • Timeframe : 1H
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Summary of the analysis

Trends
Short term: Bullish
Underlying: Strongly bullish
Technical indicators
28%
39%
33%
My opinion
Bullish above 8.0759 HKD
My targets
8.1143 HKD (+0.0141)
8.1305 HKD (+0.0303)
My analysis
All elements being clearly bullish, it would be possible for traders to trade only long positions (at the time of purchase) on CHF/HKD as long as the price remains well above 8.0759 HKD. The buyers' bullish objective is set at 8.1143 HKD. A bullish break in this resistance would boost the bullish momentum. The buyers could then target the resistance located at 8.1305 HKD. If there is any crossing, the next objective would be the resistance located at 8.2016 HKD. Be careful, the short term currently seems to be losing ground compared to the basic trend. Longer time units should be analysed to identify possible overbought items that could be a sign of a possible short-term correction.

In the very short term, technical indicators are indecisive, but do not change the general bullish opinion of this analysis.
Force
0
10
3.9

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.

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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/HKD rating is 8.1002 HKD. The price is lower by -0.02% since the last closing and was between 8.0959 HKD and 8.1119 HKD. This implies that the price is at +0.05% from its lowest and at -0.14% from its highest.

8.0959
8.1119
8.1002

A study of price movements over other periods shows the following variations:
The Central Records scanner, which identifies the highest / lowest, has detected several elements:

Central Records

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 1H of this CHF/HKD chart shows a strongly bullish trend. 82.14% of the signals given by moving averages are bullish. The slightly bullish signals given by the short-term moving averages show a weakening of the global trend. An assessment of moving averages reveals several bearish signals that could impact this trend:

Central Indicators

Bearish price crossover with Moving Average 20

Type : Bearish

Timeframe : 1 hour


Bearish price crossover with adaptative moving average 20

Type : Bearish

Timeframe : 1 hour



The technical indicators are generally neutral. They do not provide relevant information on the direction of future price movements.
Central Indicators, the scanner specialised in technical indicators, has identified these signals:

Central Indicators

Pivot points : price is over resistance 1

Type : Neutral

Timeframe : Weekly


Momentum indicator is back under 0

Type : Bearish

Timeframe : 1 hour


Williams %R indicator is back under -50

Type : Bearish

Timeframe : 1 hour



The analysis of the price chart with Central Patterns scanners does not return any result.

Central Candlesticks, the scanner specialised in Japanese candlesticks, detects a bearish signal that could support the hypothesis of a small drop in the very short term:

Central Candlesticks

Bearish harami

Type : Bearish

Timeframe : 1 hour




ProTrendLines
S3
S2
S1
R1
R2
R3
Price


S3S2S1PriceR1R2R3
ProTrendLines 7.9888 8.0202 8.0972 8.1002 8.1143 8.1305 8.2016
Change (%) -1.38% -0.99% -0.04% - +0.17% +0.37% +1.25%
Change -0.1114 -0.0800 -0.0030 - +0.0141 +0.0303 +0.1014
Level Minor Major Minor - Intermediate Intermediate 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
Standard7.92837.97448.03828.08438.14818.19428.2580
Camarilla8.07178.08188.09188.10198.11208.12218.1321
Woodie7.93717.97888.04708.08878.15698.19868.2668
Fibonacci7.97448.01648.04248.08438.12638.15238.1942


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard7.86717.90417.97158.00858.07598.11298.1803
Camarilla8.01028.01988.02938.03898.04858.05808.0676
Woodie7.88237.91177.98678.01618.09118.12058.1955
Fibonacci7.90417.94407.96868.00858.04848.07308.1129


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard7.47577.64327.92918.09668.38258.55008.8359
Camarilla8.09038.13198.17348.21508.25668.29818.3397
Woodie7.53497.67287.98838.12628.44178.57968.8951
Fibonacci7.64327.81647.92348.09668.26988.37688.5500

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): 57.48
MACD (12,26,9): 0.0089
Directional Movement: 11.1630
AROON (14): -64.2857
DEMA (21): 8.1122
Parabolic SAR (0,02-0,02-0,2): 8.1222
Elder Ray (13): 0.0035
Super Trend (3,10): 8.0812
Zig ZAG (10): 8.1019
VORTEX (21): 1.0130
Stochastique (14,3,5): 38.97
TEMA (21): 8.1087
Williams %R (14): -62.50
Chande Momentum Oscillator (20): 0.0000
Repulse (5,40,3): -0.0779
ROCnROLL: -1
TRIX (15,9): 0.0219
Courbe Coppock: 0.05
MA7: 8.0366
MA20: 8.1034
MA50: 8.0717
MA100: 8.1805
MAexp7: 8.1034
MAexp20: 8.0985
MAexp50: 8.0768
MAexp100: 8.0555
Price / MA7: +0.79%
Price / MA20: -0.04%
Price / MA50: +0.35%
Price / MA100: -0.98%
Price / MAexp7: -0.04%
Price / MAexp20: +0.02%
Price / MAexp50: +0.29%
Price / MAexp100: +0.55%

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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