CHF/NOK
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 01/20/2025 (GMT)

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  • Timeframe : 1H
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Summary of the analysis

Trends
Short term: Bullish
Underlying: Strongly bullish
Technical indicators
28%
28%
44%
My opinion
Bullish above 12.4865 NOK
My targets
12.5278 NOK (+0.0213)
12.5512 NOK (+0.0447)
My analysis
The basic bullish trend is very strong on CHF/NOK but the short term shows some signs of running out of steam. However, a purchase could be considered as long as the price remains above 12.4865 NOK. Crossing the first resistance at 12.5278 NOK would be a sign of a potential new surge in the price. Buyers would then use the next resistance located at 12.5512 NOK as an objective. Crossing it would then enable buyers to target 12.5645 NOK. Caution, a return to below 12.4865 NOK would be a sign of a consolidation phase in the short-term basic trend. If this is the case, remember that trading against the trend may be riskier. It would seem more appropriate to wait for a signal indicating reversal of the trend.

In the very short term, the general bullish sentiment is not called into question, despite technical indicators being indecisive.
Force
0
10
5.4

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/NOK price is 12.5065 NOK. The price registered a decrease of -0.01% on the session and was between 12.4850 NOK and 12.5195 NOK. This implies that the price is at +0.17% from its lowest and at -0.10% from its highest.

12.4850
12.5195
12.5065

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 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/NOK chart shows a strongly bullish trend. The signals given by moving averages are 89.29% bullish. This strongly bullish trend seems to be running out of steam given the signals being given by short-term moving averages. An assessment of moving averages reveals several bearish and bullish signals:

Central Indicators

Bearish trend reversal : Moving Average 20

Type : Bearish

Timeframe : 1 hour


Bullish price crossover with Moving Average 20

Type : Bullish

Timeframe : 1 hour



On the 18 technical indicators analysed, 5 are bullish, 8 are neutral and 5 are bearish. The Central Indicators scanner found this result concerning these indicators:

Central Indicators

RSI indicator is back under 50

Type : Bearish

Timeframe : 1 hour



The Central Patterns scanner, which studies chart patterns, resistances and supports, has identified this signal:

Central Patterns

Near support of channel

Type : Bullish

Timeframe : 1 hour



The Central Candlesticks scanner, specialised in Japanese candlesticks, did not identify any signals.


ProTrendLines
S3
S2
S1
R1
R2
R3
Price


S3S2S1PriceR1R2R3
ProTrendLines 12.4357 12.4682 12.4865 12.5065 12.5101 12.5278 12.5512
Change (%) -0.57% -0.31% -0.16% - +0.03% +0.17% +0.36%
Change -0.0708 -0.0383 -0.0200 - +0.0036 +0.0213 +0.0447
Level Intermediate Major Intermediate - Minor Minor Major



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
Standard12.388212.424312.466012.502112.543812.579912.6216
Camarilla12.486312.493412.500612.507712.514812.522012.5291
Woodie12.391012.425712.468812.503512.546612.581312.6244
Fibonacci12.424312.454012.472412.502112.531812.550212.5799


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard12.239612.316012.411812.488212.584012.660412.7562
Camarilla12.460412.476112.491912.507712.523512.539312.5551
Woodie12.249412.320912.421612.493112.593812.665312.7660
Fibonacci12.316012.381812.422412.488212.554012.594612.6604


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard11.995212.206312.375512.586612.755812.966913.1361
Camarilla12.440012.474912.509712.544612.579512.614312.6492
Woodie11.974212.195812.354512.576112.734812.956413.1151
Fibonacci12.206312.351612.441412.586612.731912.821712.9669

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): 52.52
MACD (12,26,9): 0.0035
Directional Movement: -1.4863
AROON (14): -7.1429
DEMA (21): 12.5020
Parabolic SAR (0,02-0,02-0,2): 12.4727
Elder Ray (13): -0.0022
Super Trend (3,10): 12.4668
Zig ZAG (10): 12.4983
VORTEX (21): 0.9874
Stochastique (14,3,5): 32.41
TEMA (21): 12.4981
Williams %R (14): -68.14
Chande Momentum Oscillator (20): -0.0112
Repulse (5,40,3): -0.0620
ROCnROLL: -1
TRIX (15,9): 0.0062
Courbe Coppock: 0.06
MA7: 12.4737
MA20: 12.5289
MA50: 12.5365
MA100: 12.5502
MAexp7: 12.4976
MAexp20: 12.4961
MAexp50: 12.4857
MAexp100: 12.4788
Price / MA7: +0.26%
Price / MA20: -0.18%
Price / MA50: -0.24%
Price / MA100: -0.35%
Price / MAexp7: +0.07%
Price / MAexp20: +0.08%
Price / MAexp50: +0.17%
Price / MAexp100: +0.22%

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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