CHF/NOK - 15 min. - Technical analysis published on 05/28/2023 (GMT)
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- Timeframe : 15 min.
- - Analysis generated on
- Status : LEVEL MAINTAINED
Analysis too old. There are no more charts available.
Summary of the analysis
Trends
Short term:
Bullish
Underlying:
Strongly bullish
Technical indicators
39%
17%
44%
My opinion
Bullish above 12.2288 NOK
My targets
12.2920 NOK (+0.0390)
12.3269 NOK (+0.0739)
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/NOK as long as the price remains well above 12.2288 NOK. The buyers' bullish objective is set at 12.2920 NOK. A bullish break in this resistance would boost the bullish momentum. The buyers could then target the resistance located at 12.3269 NOK. If there is any crossing, the next objective would be the resistance located at 12.3901 NOK. 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, the general bullish sentiment is confirmed by technical indicators. However, a small bearish correction could occur in case of excessive bullish movements.
Force
0
10
5.7
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This analysis was given by Simon1. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
The CHF/NOK price is 12.2530 NOK. The price registered a decrease of -0.03% on the session and was traded between 12.2530 NOK and 12.2530 NOK over the period. The price is currently at 0% from its lowest and 0% from its highest.12.2530
12.2530
12.2530
The Central Gaps scanner detects a bullish opening. A small advantage for buyers in the very short term.
Bullish opening
Type : Bullish
Timeframe : Openning
A study of price movements over other periods shows the following variations:
Near a new HIGH record (5 years)
Type : Bullish
Timeframe : Weekly
New HIGH record (1 year)
Type : Bullish
Timeframe : Weekly
New HIGH record (1st january)
Type : Bullish
Timeframe : Weekly
New HIGH record (1 month)
Type : Bullish
Timeframe : Weekly
Technical
A technical analysis in 15 min. of this CHF/NOK chart shows a strongly bullish trend. 85.71% 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. The Central Indicators scanner does not detect any result on moving averages that would impact this trend.
An assessment of technical indicators shows a slightly bullish signal.
Other results related to technical indicators were also found by the Central Indicators scanner:
Pivot points : price is over resistance 1
Type : Neutral
Timeframe : Weekly
Momentum indicator is back over 0
Type : Bullish
Timeframe : 15 minutes
Williams %R indicator is back over -50
Type : Bullish
Timeframe : 15 minutes
No signals are given by Central Patterns, a market scanner specialised in chart patterns, resistances and supports.
The Central Candlesticks scanner which studies Japanese candlesticks did not detect anything.
ProTrendLines
S3
S2
S1
Price
| S3 | S2 | S1 | Price | |
|---|---|---|---|---|
| ProTrendLines | 12.0988 | 12.1848 | 12.2312 | 12.2530 |
| Change (%) | -1.26% | -0.56% | -0.18% | - |
| Change | -0.1542 | -0.0682 | -0.0218 | - |
| Level | Intermediate | Minor | Intermediate | - |
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 |
|---|---|---|---|---|---|---|---|
| Standard | 12.0958 | 12.1307 | 12.1939 | 12.2288 | 12.2920 | 12.3269 | 12.3901 |
| Camarilla | 12.2301 | 12.2391 | 12.2481 | 12.2571 | 12.2661 | 12.2751 | 12.2841 |
| Woodie | 12.1100 | 12.1378 | 12.2081 | 12.2359 | 12.3062 | 12.3340 | 12.4043 |
| Fibonacci | 12.1307 | 12.1682 | 12.1913 | 12.2288 | 12.2663 | 12.2894 | 12.3269 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 11.9186 | 11.9890 | 12.1230 | 12.1934 | 12.3274 | 12.3978 | 12.5318 |
| Camarilla | 12.2009 | 12.2196 | 12.2384 | 12.2571 | 12.2758 | 12.2946 | 12.3133 |
| Woodie | 11.9505 | 12.0049 | 12.1549 | 12.2093 | 12.3593 | 12.4137 | 12.5637 |
| Fibonacci | 11.9890 | 12.0671 | 12.1153 | 12.1934 | 12.2715 | 12.3197 | 12.3978 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 10.6650 | 10.9614 | 11.4368 | 11.7332 | 12.2086 | 12.5050 | 12.9804 |
| Camarilla | 11.7001 | 11.7708 | 11.8416 | 11.9123 | 11.9831 | 12.0538 | 12.1246 |
| Woodie | 10.7546 | 11.0062 | 11.5264 | 11.7780 | 12.2982 | 12.5498 | 13.0700 |
| Fibonacci | 10.9614 | 11.2562 | 11.4383 | 11.7332 | 12.0280 | 12.2101 | 12.5050 |
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): | 60.84 | |
| MACD (12,26,9): | 0.0070 | |
| Directional Movement: | 5.9024 | |
| AROON (14): | -71.4286 | |
| DEMA (21): | 12.2588 | |
| Parabolic SAR (0,02-0,02-0,2): | 12.2596 | |
| Elder Ray (13): | 0.0029 | |
| Super Trend (3,10): | 12.2299 | |
| Zig ZAG (10): | 12.2571 | |
| VORTEX (21): | 1.1251 | |
| Stochastique (14,3,5): | 47.09 | |
| TEMA (21): | 12.2567 | |
| Williams %R (14): | -32.73 | |
| Chande Momentum Oscillator (20): | 0.0059 | |
| Repulse (5,40,3): | 0.0734 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | 0.0112 | |
| Courbe Coppock: | 0.05 |
| MA7: | 12.1490 | |
| MA20: | 12.0184 | |
| MA50: | 11.7632 | |
| MA100: | 11.3994 | |
| MAexp7: | 12.2527 | |
| MAexp20: | 12.2481 | |
| MAexp50: | 12.2324 | |
| MAexp100: | 12.2148 | |
| Price / MA7: | +0.86% | |
| Price / MA20: | +1.95% | |
| Price / MA50: | +4.16% | |
| Price / MA100: | +7.49% | |
| Price / MAexp7: | +0.00% | |
| Price / MAexp20: | +0.04% | |
| Price / MAexp50: | +0.17% | |
| Price / MAexp100: | +0.31% |
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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