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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 02/19/2025 (GMT)

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  • Timeframe : 1H
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Summary of the analysis

Trends
Short term: Bearish
Underlying: Strongly bearish
Technical indicators
33%
11%
56%
My opinion
Bearish under 8.6099 HKD
My targets
8.5432 HKD (-0.0557)
8.5252 HKD (-0.0737)
My analysis
All elements being clearly bearish, it would be possible for traders to trade only short positions (for sale) on CHF/HKD as long as the price remains well below 8.6099 HKD. The next bearish objective for sellers is set at 8.5432 HKD. A bearish break of this support would revive the bearish momentum. The sellers could then target the support located at 8.5252 HKD. If there is any crossing, the next objective would be the support located at 8.5082 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 over sold items that could be a sign of a short-term correction.

Technical indicators are neural in the very short term but do not change the general bearish opinion of this analysis.
Force
0
10
4.3

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.

Londinia
This analysis was given by Londinia. Take part yourself by sharing additional analysis on another time unit:
15 min. Daily Weekly

Additional analysis

Quotes

CHF/HKD rating 8.5989 HKD. The price registered a decrease of -0.06% on the session and was between 8.5893 HKD and 8.6181 HKD. This implies that the price is at +0.11% from its lowest and at -0.22% from its highest.

8.5893
8.6181
8.5989

A study of price movements over other periods shows the following variations:
The Central Records scanner for higher/lower results shows the following items:

Central Records

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 LOW record (1 month)

Type : Bearish

Timeframe : Weekly



Technical


Technical analysis of this 1H chart of CHF/HKD indicates that the overall trend is strongly bearish. The signals given by moving averages are 85.71% bearish. This strongly bearish trend seems to be slowing down given the slightly bearish signals being given by short-term moving averages. The Central Indicators scanner does not detect any result on moving averages that would impact this trend.

The technical indicators are generally neutral. They do not provide relevant information on the direction of future price movements.
Central Indicators, the detector scanner for these technical indicators recently detected a signal:

Central Indicators

Price is back under the pivot point

Type : Bearish

Timeframe : Weekly



Central Patterns, the market scanner focusing on chart patterns, resistances and supports found this result:

Central Patterns

Support of channel is broken

Type : Bearish

Timeframe : 1 hour



No result was found by the Central Candlesticks scanner on Japanese candlesticks.


ProTrendLines
S3
S2
S1
R1
R2
R3
Price


S3S2S1PriceR1R2R3
ProTrendLines 8.5082 8.5252 8.5432 8.5989 8.6099 8.6308 8.6463
Change (%) -1.05% -0.86% -0.65% - +0.13% +0.37% +0.55%
Change -0.0907 -0.0737 -0.0557 - +0.0110 +0.0319 +0.0474
Level Intermediate Minor Intermediate - Intermediate Minor Intermediate



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

Daily
Pivot points S3 S2 S1 PP R1 R2 R3
Standard8.53948.56928.58658.61638.63368.66348.6807
Camarilla8.59098.59528.59958.60388.60818.61248.6168
Woodie8.53328.56618.58038.61328.62748.66038.6745
Fibonacci8.56928.58728.59838.61638.63438.64548.6634


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard8.38198.44518.54828.61148.71458.77778.8808
Camarilla8.60578.62098.63628.65148.66668.68198.6971
Woodie8.40208.45518.56838.62148.73468.78778.9009
Fibonacci8.44518.50868.54788.61148.67498.71418.7777


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 is the status of technical indicators and moving averages registered at the time this technical analysis was created:

Technical indicators
Moving averages

RSI (14): 46.65
MACD (12,26,9): -0.0034
Directional Movement: 1.9568
AROON (14): -21.4285
DEMA (21): 8.5989
Parabolic SAR (0,02-0,02-0,2): 8.6143
Elder Ray (13): 0.0012
Super Trend (3,10): 8.6208
Zig ZAG (10): 8.6016
VORTEX (21): 1.0042
Stochastique (14,3,5): 48.15
TEMA (21): 8.6004
Williams %R (14): -56.94
Chande Momentum Oscillator (20): 0.0069
Repulse (5,40,3): -0.0403
ROCnROLL: -1
TRIX (15,9): -0.0071
Courbe Coppock: 0.07
MA7: 8.5966
MA20: 8.5895
MA50: 8.6010
MA100: 8.7599
MAexp7: 8.6019
MAexp20: 8.6040
MAexp50: 8.6112
MAexp100: 8.6111
Price / MA7: +0.03%
Price / MA20: +0.11%
Price / MA50: -0.02%
Price / MA100: -1.84%
Price / MAexp7: -0.03%
Price / MAexp20: -0.06%
Price / MAexp50: -0.14%
Price / MAexp100: -0.14%

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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