CHF/HKD

- HKD (-)

- Real time data - Forex

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Change:	-
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Type:	Forex
Ticker:	CHFHKD
ISIN:

CHF/HKD - 1H - Technical analysis published on 01/31/2025 (GMT)

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Timeframe : 1H
- Analysis generated on
Status : TARGET REACHED

Summary of the analysis

Trends

Short term: Strongly bearish

Underlying: Strongly bearish

Technical indicators

50%

11%

39%

My opinion

Bearish under 8.5973 HKD

My targets

8.5532 HKD (-0.0095)

8.5419 HKD (-0.0208)

My analysis

CHF/HKD is part of a very strong bearish trend. Traders may consider trading only short positions (for sale) as long as the price remains well below 8.5973 HKD. The next support located at 8.5532 HKD is the next bearish objective to target. A bearish break of this support would revive the bearish momentum. The bearish movement could then continue towards the next support located at 8.5419 HKD. Below this support, sellers could then target 8.4896 HKD. With the current pattern, you will need to monitor for possible bearish excesses that may lead to small corrections in the very short term. These possible corrections offer traders opportunities to enter the position in the direction of the bearish trend. Trying to profit from the purchase of these possible corrections may seem risky.

Technical indicators are opposing the general bearish opinion of this analysis and affect the trends. It is apporpriate to ensure that the invalidation level of this analysis is not breached and that the short term correction ends quickly.

Force

4.8

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 hsokkar. Take part yourself by sharing additional analysis on another time unit:

Additional analysis

Quotes

The CHF/HKD rating is 8.5627 HKD. The price is lower by -0.04% since the last closing and was traded between 8.5493 HKD and 8.5749 HKD over the period. The price is currently at +0.16% from its lowest and -0.14% from its highest.

8.5493

8.5749

8.5627

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

The study of the highest / lowest by the Central Records scanner shows the following results:

Near a new LOW record (1 year)

Type : Bearish

Timeframe : Weekly

Near a new HIGH record (1st january)

Type : Bullish

Timeframe : Weekly

Near a new HIGH record (1 month)

Type : Bullish

Timeframe : Weekly

Technical

Technical analysis of CHF/HKD in 1H shows a overall strongly bearish trend. 92.86% of the signals given by moving averages are bearish. The overall trend is supported by the strong bearish signals from short-term moving averages. There is no crossing of moving average by the price or crossing of moving averages between themselves.

In fact, according to the parameters integrated into the Central Analyzer system, only 9 technical indicators out of 18 analysed are currently bullish. The Central Indicators scanner found this result concerning these indicators:

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 which studies Japanese candlesticks did not detect anything.

ProTrendLines

Price

	S3	S2	S1	Price	R1	R2	R3
ProTrendLines	8.4896	8.5419	8.5532	8.5627	8.5684	8.5973	8.6260
Change (%)	-0.85%	-0.24%	-0.11%	-	+0.07%	+0.40%	+0.74%
Change	-0.0731	-0.0208	-0.0095	-	+0.0057	+0.0346	+0.0633
Level	Major	Minor	Intermediate	-	Minor	Intermediate	Intermediate

Attention could also be paid to pivot points to set price objectives:

Daily

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	8.5059	8.5324	8.5490	8.5755	8.5921	8.6186	8.6352
Camarilla	8.5539	8.5578	8.5618	8.5657	8.5697	8.5736	8.5776
Woodie	8.5011	8.5299	8.5442	8.5730	8.5873	8.6161	8.6304
Fibonacci	8.5324	8.5488	8.5590	8.5755	8.5919	8.6021	8.6186

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	8.4028	8.4539	8.5244	8.5755	8.6460	8.6971	8.7676
Camarilla	8.5614	8.5725	8.5837	8.5948	8.6060	8.6171	8.6282
Woodie	8.4124	8.4588	8.5340	8.5804	8.6556	8.7020	8.7772
Fibonacci	8.4539	8.5004	8.5291	8.5755	8.6220	8.6507	8.6971

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	8.0939	8.3243	8.4427	8.6731	8.7915	9.0219	9.1403
Camarilla	8.4652	8.4972	8.5291	8.5611	8.5931	8.6251	8.6570
Woodie	8.0379	8.2963	8.3867	8.6451	8.7355	8.9939	9.0843
Fibonacci	8.3243	8.4575	8.5399	8.6731	8.8063	8.8887	9.0219

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):	43.76
MACD (12,26,9):	-0.0056
Directional Movement:	1.9631
AROON (14):	-14.2857
DEMA (21):	8.5568
Parabolic SAR (0,02-0,02-0,2):	8.5498
Elder Ray (13):	-0.0032
Super Trend (3,10):	8.5835
Zig ZAG (10):	8.5575
VORTEX (21):	0.9192
Stochastique (14,3,5):	57.42
TEMA (21):	8.5578
Williams %R (14):	-44.14
Chande Momentum Oscillator (20):	-0.0065
Repulse (5,40,3):	-0.0092
ROCnROLL:	-1
TRIX (15,9):	-0.0119
Courbe Coppock:	0.13

MA7:	8.5901
MA20:	8.5614
MA50:	8.6562
MA100:	8.8390
MAexp7:	8.5617
MAexp20:	8.5651
MAexp50:	8.5768
MAexp100:	8.5857
Price / MA7:	-0.32%
Price / MA20:	+0.02%
Price / MA50:	-1.08%
Price / MA100:	-3.13%
Price / MAexp7:	+0.01%
Price / MAexp20:	-0.03%
Price / MAexp50:	-0.16%
Price / MAexp100:	-0.27%

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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