CHF/NOK

- NOK (-)

- Real time data - Forex

Open:	-
Change:	-
Volume:	-

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

Type:	Forex
Ticker:	CHFNOK
ISIN:

CHF/NOK - 1H - Technical analysis published on 07/25/2024 (GMT)

Londinia

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Timeframe : 1H
- Analysis generated on
Status : INVALID

Summary of the analysis

Trends

Short term: Strongly bullish

Underlying: Strongly bullish

Technical indicators

89%

11%

My opinion

Bullish above 12.5479 NOK

My targets

12.7302 NOK (+0.0742)

My analysis

CHF/NOK is part of a very strong bullish trend. Traders may consider trading only long positions (at the time of purchase) as long as the price remains well above 12.5479 NOK. The next resistance located at 12.7302 NOK is the next bullish objective to be reached. A bullish break in this resistance would boost the bullish momentum. With the current pattern, you will need to monitor for possible bullish 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 bullish trend. Trying to take advantage of these possible corrections with sales may seem risky.

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

8.9

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/NOK rating is 12.6560 NOK. The price has increased by +1.58% since the last closing with the lowest point at 12.4589 NOK and the highest point at 12.6642 NOK. The deviation from the price is +1.58% for the low point and -0.06% for the high point.

12.4589

12.6642

12.6560

The Central Gaps scanner detects a bullish opening marking the presence of buyers ahead of sellers at the opening but not sufficiently marked to allow the price to register a quotation gap.

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:

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 1H of this CHF/NOK chart shows a strongly bullish trend. The signals given by the moving averages are 92.86% bullish. This strong bullish trend is confirmed by the strong signals currently being given by short-term moving averages. The Central Indicators scanner does not detect any result on moving averages that would impact this trend.

In fact, 16 technical indicators on 18 studied are currently bullish. Caution: the Central Indicators scanner currently detects an excess:

RSI indicator is overbought : over 80

Type : Neutral

Timeframe : 1 hour

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:

Pivot points : price is over resistance 2

Type : Neutral

Timeframe : Weekly

Pivot points : price is over resistance 3

Type : Neutral

Timeframe : 1 hour

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

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:

Doji

Type : Neutral

Timeframe : 1 hour

ProTrendLines

Price

	S3	S2	S1	Price
ProTrendLines	12.3476	12.4322	12.5479	12.6560
Change (%)	-2.44%	-1.77%	-0.85%	-
Change	-0.3084	-0.2238	-0.1081	-
Level	Minor	Intermediate	Major	-

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

Daily

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	12.2594	12.3072	12.3830	12.4308	12.5066	12.5544	12.6302
Camarilla	12.4248	12.4361	12.4475	12.4588	12.4701	12.4815	12.4928
Woodie	12.2734	12.3142	12.3970	12.4378	12.5206	12.5614	12.6442
Fibonacci	12.3072	12.3544	12.3836	12.4308	12.4780	12.5072	12.5544

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	11.7303	11.8508	12.0636	12.1841	12.3969	12.5174	12.7302
Camarilla	12.1847	12.2153	12.2459	12.2764	12.3070	12.3375	12.3681
Woodie	11.7765	11.8739	12.1098	12.2072	12.4431	12.5405	12.7764
Fibonacci	11.8508	11.9781	12.0568	12.1841	12.3114	12.3901	12.5174

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	11.1889	11.3961	11.6374	11.8446	12.0859	12.2931	12.5344
Camarilla	11.7553	11.7964	11.8375	11.8786	11.9197	11.9608	12.0019
Woodie	11.2059	11.4046	11.6544	11.8531	12.1029	12.3016	12.5514
Fibonacci	11.3961	11.5675	11.6733	11.8446	12.0160	12.1218	12.2931

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):	79.33
MACD (12,26,9):	0.0543
Directional Movement:	38.2309
AROON (14):	85.7143
DEMA (21):	12.5982
Parabolic SAR (0,02-0,02-0,2):	12.5438
Elder Ray (13):	0.0778
Super Trend (3,10):	12.5342
Zig ZAG (10):	12.6407
VORTEX (21):	1.3009
Stochastique (14,3,5):	92.59
TEMA (21):	12.6245
Williams %R (14):	-10.35
Chande Momentum Oscillator (20):	0.1827
Repulse (5,40,3):	0.4757
ROCnROLL:	1
TRIX (15,9):	0.0465
Courbe Coppock:	2.16

MA7:	12.3436
MA20:	12.0369
MA50:	11.8901
MA100:	11.9286
MAexp7:	12.6006
MAexp20:	12.5321
MAexp50:	12.4574
MAexp100:	12.3785
Price / MA7:	+2.53%
Price / MA20:	+5.14%
Price / MA50:	+6.44%
Price / MA100:	+6.10%
Price / MAexp7:	+0.44%
Price / MAexp20:	+0.99%
Price / MAexp50:	+1.59%
Price / MAexp100:	+2.24%

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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Londinia AI

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