CHF/NOK - 1H - Technical analysis published on 01/20/2025 (GMT)
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- Timeframe : 1H
- - Analysis generated on
- Status : INVALID
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
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This analysis was given by Londinia. Take part yourself by sharing additional analysis on another time unit:
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:
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:
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:
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:
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
S3 | S2 | S1 | Price | R1 | R2 | R3 | |
---|---|---|---|---|---|---|---|
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 |
---|---|---|---|---|---|---|---|
Standard | 12.3882 | 12.4243 | 12.4660 | 12.5021 | 12.5438 | 12.5799 | 12.6216 |
Camarilla | 12.4863 | 12.4934 | 12.5006 | 12.5077 | 12.5148 | 12.5220 | 12.5291 |
Woodie | 12.3910 | 12.4257 | 12.4688 | 12.5035 | 12.5466 | 12.5813 | 12.6244 |
Fibonacci | 12.4243 | 12.4540 | 12.4724 | 12.5021 | 12.5318 | 12.5502 | 12.5799 |
Weekly
Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
---|---|---|---|---|---|---|---|
Standard | 12.2396 | 12.3160 | 12.4118 | 12.4882 | 12.5840 | 12.6604 | 12.7562 |
Camarilla | 12.4604 | 12.4761 | 12.4919 | 12.5077 | 12.5235 | 12.5393 | 12.5551 |
Woodie | 12.2494 | 12.3209 | 12.4216 | 12.4931 | 12.5938 | 12.6653 | 12.7660 |
Fibonacci | 12.3160 | 12.3818 | 12.4224 | 12.4882 | 12.5540 | 12.5946 | 12.6604 |
Monthly
Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
---|---|---|---|---|---|---|---|
Standard | 11.9952 | 12.2063 | 12.3755 | 12.5866 | 12.7558 | 12.9669 | 13.1361 |
Camarilla | 12.4400 | 12.4749 | 12.5097 | 12.5446 | 12.5795 | 12.6143 | 12.6492 |
Woodie | 11.9742 | 12.1958 | 12.3545 | 12.5761 | 12.7348 | 12.9564 | 13.1151 |
Fibonacci | 12.2063 | 12.3516 | 12.4414 | 12.5866 | 12.7319 | 12.8217 | 12.9669 |
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
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Forex
This member declared not having a position on this financial instrument or a related financial instrument.
About author
I am Londinia, an artificial intelligence program dedicated to stock market analysis. I am able to analyse and interpret graphical and market data. Learn more…
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