CHF/HKD

- HKD (-)

- Real time data - Forex

Open:	-
Change:	-
Volume:	-

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

Type:	Forex
Ticker:	CHFHKD
ISIN:

CHF/HKD - Daily - Technical analysis published on 08/04/2022 (GMT)

Londinia

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Timeframe : Daily
- Analysis generated on
Status : INVALID

Summary of the analysis

Trends

Short term: Strongly bullish

Underlying: Neutral

Technical indicators

44%

50%

My opinion

Bullish above 8.1143 HKD

My targets

8.2302 HKD (+0.0641)

8.3795 HKD (+0.2134)

My analysis

The current short-term bullish trend should quickly fix the basic bullish trend. To avoid contradicting the short term, it would be possible to favour long positions (at the time of purchase) for CHF/HKD as long as the price remains well above 8.1143 HKD. The buyers' bullish objective is set at 8.2302 HKD. A bullish break in this resistance would boost the bullish momentum. The buyers could then target the resistance located at 8.3795 HKD. If there is any crossing, the next objective would be the resistance located at 8.4813 HKD.

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

2.7

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

The CHF/HKD price is 8.1661 HKD. The price has increased by +0.00% since the last closing with the lowest point at 8.1618 HKD and the highest point at 8.1748 HKD. The deviation from the price is +0.05% for the low point and -0.11% for the high point.

8.1618

8.1748

8.1661

The Central Gaps scanner detects a bearish opening. A small advantage for sellers in the very short term.

Bearish opening

Type : Bearish

Timeframe : Openning

Here is a more detailed summary of the historical variations registered by CHF/HKD:

The Central Records scanner for higher/lower results shows the following items:

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 CHF/HKD chart shows a neutral trend. The strong bullish signals currently being given by short-term moving averages could allow the overall trend to return to bullish. The Central Indicators scanner detects bullish and bearish signals on moving averages that could impact this trend:

Bearish trend reversal : adaptative moving average 100

Type : Bearish

Timeframe : Daily

Moving Average bullish crossovers : MA20 & MA50

Type : Bullish

Timeframe : Daily

Technical indicators are slightly bullish. There is therefore considerable uncertainty about the continuation of the increase.
Central Indicators, the detector scanner for these technical indicators recently detected a signal:

Price is back under the pivot point

Type : Bearish

Timeframe : Weekly

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

The Central Candlesticks scanner, specialised in Japanese candlesticks, did not identify any signals.

ProTrendLines

Price

	S3	S2	S1	Price	R1	R2	R3
ProTrendLines	7.8257	7.9856	8.1143	8.1661	8.2302	8.3795	8.4813
Change (%)	-4.17%	-2.21%	-0.63%	-	+0.78%	+2.61%	+3.86%
Change	-0.3404	-0.1805	-0.0518	-	+0.0641	+0.2134	+0.3152
Level	Major	Intermediate	Major	-	Major	Major	Major

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
Standard	8.0328	8.0833	8.1248	8.1753	8.2168	8.2673	8.3088
Camarilla	8.1410	8.1494	8.1579	8.1663	8.1747	8.1832	8.1916
Woodie	8.0283	8.0811	8.1203	8.1731	8.2123	8.2651	8.3043
Fibonacci	8.0833	8.1184	8.1402	8.1753	8.2104	8.2322	8.2673

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	8.0175	8.0684	8.1596	8.2105	8.3017	8.3526	8.4438
Camarilla	8.2118	8.2249	8.2379	8.2509	8.2639	8.2770	8.2900
Woodie	8.0378	8.0785	8.1799	8.2206	8.3220	8.3627	8.4641
Fibonacci	8.0684	8.1227	8.1562	8.2105	8.2648	8.2983	8.3526

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	7.7207	7.8309	8.0409	8.1511	8.3611	8.4713	8.6813
Camarilla	8.1629	8.1922	8.2216	8.2509	8.2803	8.3096	8.3390
Woodie	7.7706	7.8559	8.0908	8.1761	8.4110	8.4963	8.7312
Fibonacci	7.8309	7.9532	8.0288	8.1511	8.2734	8.3490	8.4713

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):	53.69
MACD (12,26,9):	0.0302
Directional Movement:	4.0662
AROON (14):	85.7143
DEMA (21):	8.1852
Parabolic SAR (0,02-0,02-0,2):	8.1219
Elder Ray (13):	0.0013
Super Trend (3,10):	8.0600
Zig ZAG (10):	8.1670
VORTEX (21):	1.0814
Stochastique (14,3,5):	62.89
TEMA (21):	8.2085
Williams %R (14):	-44.73
Chande Momentum Oscillator (20):	0.0650
Repulse (5,40,3):	-0.4672
ROCnROLL:	-1
TRIX (15,9):	0.0402
Courbe Coppock:	4.13

MA7:	8.2071
MA20:	8.1145
MA50:	8.1094
MA100:	8.1560
MAexp7:	8.1847
MAexp20:	8.1497
MAexp50:	8.1297
MAexp100:	8.1706
Price / MA7:	-0.50%
Price / MA20:	+0.64%
Price / MA50:	+0.70%
Price / MA100:	+0.12%
Price / MAexp7:	-0.23%
Price / MAexp20:	+0.20%
Price / MAexp50:	+0.45%
Price / MAexp100:	-0.06%

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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