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 02/13/2025 (GMT)

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

Summary of the analysis

Trends
Short term: Strongly bullish
Underlying: Slightly bullish
Technical indicators
78%
11%
11%
My opinion
Bullish above 8.5432 HKD
My targets
8.6088 HKD (+0.0437)
8.6513 HKD (+0.0862)
My analysis
The short-term increase currently reinforces the basic trend, which is only slightly bullish. It would be possible for traders to only trade long positions (at the time of purchase) on CHF/HKD as long as the price remains well above 8.5432 HKD. The buyers' bullish objective is set at 8.6088 HKD. A bullish break in this resistance would boost the bullish momentum. The buyers could then target the resistance located at 8.6513 HKD. If there is any crossing, the next objective would be the resistance located at 8.7046 HKD.

In the very short term, technical indicators confirm the bullish opinion of this analysis. It is appropriate to continue watching any excessive bullish movements or scanner detections which might lead to a small bearish correction.
Force
0
10
5

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:
15 min. Daily Weekly

Additional analysis

Quotes

The CHF/HKD price is 8.5651 HKD. On the day, this instrument gained +0.45% and was between 8.5211 HKD and 8.5712 HKD. This implies that the price is at +0.52% from its lowest and at -0.07% from its highest.

8.5211
8.5712
8.5651

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

Central Gaps

Bullish opening

Type : Bullish

Timeframe : Openning



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 (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


A technical analysis in 1H of this CHF/HKD chart shows a slightly bullish trend. 60.71% of the signals given by moving averages are bullish. The overall trend could accelerate as strong bullish signals from short-term moving averages are expected. An assessment of moving averages reveals several bullish signals that could impact this trend:

Central Indicators

Bullish trend reversal : Moving Average 20

Type : Bullish

Timeframe : 1 hour


Bullish trend reversal : Moving Average 50

Type : Bullish

Timeframe : 1 hour


Bullish trend reversal : adaptative moving average 100

Type : Bullish

Timeframe : 1 hour



In fact, according to the parameters integrated into the Central Analyzer system, 14 technical indicators out of 18 analysed are currently bullish. Caution: the Central Indicators scanner currently detects an excess:

Central Indicators

CCI indicator is overbought : over 100

Type : Neutral

Timeframe : 1 hour


Williams %R indicator is overbought : over -20

Type : Neutral

Timeframe : 1 hour

Central Indicators, the detector scanner for these technical indicators has recently detected several signals:

Central Indicators

Pivot points : price is over resistance 1

Type : Neutral

Timeframe : 1 hour


SuperTrend indicator bullish reversal

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:

Central Patterns

Near horizontal resistance

Type : Bearish

Timeframe : 1 hour


Resistance of channel is broken

Type : Bullish

Timeframe : 1 hour



The Central Candlesticks scanner currently notes the presence of this pattern in Japanese candlesticks that could mark the end of the short-term trend currently underway:

Central Candlesticks

Doji

Type : Neutral

Timeframe : 1 hour




ProTrendLines
S3
S2
S1
R1
R2
R3
Price


S3S2S1PriceR1R2R3
ProTrendLines 8.4896 8.5082 8.5432 8.5651 8.5705 8.6088 8.6513
Change (%) -0.88% -0.66% -0.26% - +0.06% +0.51% +1.01%
Change -0.0755 -0.0569 -0.0219 - +0.0054 +0.0437 +0.0862
Level Major Major Intermediate - Minor Minor Intermediate



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

Daily
Pivot points S3 S2 S1 PP R1 R2 R3
Standard8.45618.48228.50458.53068.55298.57908.6013
Camarilla8.51368.51808.52258.52698.53138.53588.5402
Woodie8.45438.48138.50278.52978.55118.57818.5995
Fibonacci8.48228.50078.51218.53068.54918.56058.5790


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard8.29578.38518.47258.56198.64938.73878.8261
Camarilla8.51138.52758.54378.55998.57618.59238.6085
Woodie8.29478.38468.47158.56148.64838.73828.8251
Fibonacci8.38518.45268.49448.56198.62948.67128.7387


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard8.22408.34328.44748.56668.67088.79008.8942
Camarilla8.49028.51068.53118.55168.57218.59268.6130
Woodie8.21658.33958.43998.56298.66338.78638.8867
Fibonacci8.34328.42858.48138.56668.65198.70478.7900

Numerical data


The following are the details of the technical indicators and moving averages that were collected to generate this technical analysis:

Technical indicators
Moving averages

RSI (14): 66.77
MACD (12,26,9): 0.0031
Directional Movement: 19.9083
AROON (14): 42.8571
DEMA (21): 8.5408
Parabolic SAR (0,02-0,02-0,2): 8.5127
Elder Ray (13): 0.0141
Super Trend (3,10): 8.5250
Zig ZAG (10): 8.5623
VORTEX (21): 1.0071
Stochastique (14,3,5): 95.49
TEMA (21): 8.5462
Williams %R (14): -7.75
Chande Momentum Oscillator (20): 0.0312
Repulse (5,40,3): 0.2863
ROCnROLL: 1
TRIX (15,9): -0.0002
Courbe Coppock: 0.23
MA7: 8.5668
MA20: 8.5753
MA50: 8.6172
MA100: 8.7821
MAexp7: 8.5452
MAexp20: 8.5383
MAexp50: 8.5397
MAexp100: 8.5490
Price / MA7: -0.02%
Price / MA20: -0.12%
Price / MA50: -0.60%
Price / MA100: -2.47%
Price / MAexp7: +0.23%
Price / MAexp20: +0.31%
Price / MAexp50: +0.30%
Price / MAexp100: +0.19%

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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