CHF/SEK
CHF SEK
- SEK (-)
- Real time data - Forex
Open: -
Change: -
Volume: -
Low: -
High: -
High / Low range: -
Type: Forex
Ticker: CHFSEK
ISIN:

CHF/SEK - 1H - Technical analysis published on 07/02/2024 (GMT)

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  • Timeframe : 1H
  • - Analysis generated on
  • Status : TARGET REACHED

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Summary of the analysis

Trends
Short term: Strongly bearish
Underlying: Bearish
Technical indicators
28%
33%
39%
My opinion
Bearish under 11.7690 SEK
My targets
11.7270 SEK (-0.0278)
11.7042 SEK (-0.0506)
My analysis
All elements being clearly bearish, it would be possible for traders to trade only short positions (for sale) on CHF/SEK as long as the price remains well below 11.7690 SEK. The sellers' bearish objective is set at 11.7270 SEK. A bearish break of this support would revive the bearish momentum. The sellers could then target the support located at 11.7042 SEK. In case of crossing, the next objective would be the support located at 11.6771 SEK.

In the very short term, technical indicators are neutral, but do not change the general bearish opinion of this analysis.
Force
0
10
4.8

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/SEK price is 11.7548 SEK. On the day, this instrument lost -0.02% and was between 11.7479 SEK and 11.8025 SEK. This implies that the price is at +0.06% from its lowest and at -0.40% from its highest.

11.7479
11.8025
11.7548

The Central Gaps scanner detects a bullish opening. A small advantage for buyers in the very short term.

Central Gaps

Bullish opening

Type : Bullish

Timeframe : Openning



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 HIGH record (1st january)

Type : Bullish

Timeframe : Weekly


Near a new LOW record (1 month)

Type : Bearish

Timeframe : Weekly



Technical


A technical analysis in 1H of this CHF/SEK chart shows a bearish trend. The signals given by moving averages are 78.57% bearish. This bearish trend is reinforced by the strong signals currently being given by short-term moving averages. An assessment of moving averages reveals several bearish signals that could impact this trend:

Central Indicators

Bearish trend reversal : adaptative moving average 50

Type : Bearish

Timeframe : 1 hour


Bearish trend reversal : adaptative moving average 100

Type : Bearish

Timeframe : 1 hour


Bearish price crossover with Moving Average 20

Type : Bearish

Timeframe : 1 hour


Bearish price crossover with Moving Average 50

Type : Bearish

Timeframe : 1 hour


Bearish price crossover with adaptative moving average 20

Type : Bearish

Timeframe : 1 hour



In fact, of the 18 technical indicators analysed by Central Analyzer, 5 are bullish, 7 are neutral and 6 are bearish. But beware of excesses. The Central Indicators scanner currently detects this:

Central Indicators

Williams %R indicator is oversold : under -80

Type : Neutral

Timeframe : 1 hour

Central Indicators, the scanner specialised in technical indicators, has identified these signals:

Central Indicators

RSI indicator is back under 50

Type : Bearish

Timeframe : 1 hour


Parabolic SAR indicator bearish reversal

Type : Bearish

Timeframe : 1 hour


Ichimoku : price is under the cloud

Type : Bearish

Timeframe : 1 hour


Momentum indicator is back under 0

Type : Bearish

Timeframe : 1 hour



An analysis of the price chart with the Central Patterns scanner (detector of chart patterns and resistances and supports) shows several results that can have an impact on the price change:

Central Patterns

Near horizontal resistance

Type : Bearish

Timeframe : 1 hour


Resistance of channel is broken

Type : Bullish

Timeframe : 1 hour



Central Candlesticks, the scanner specialised in Japanese candlesticks, detects this inversion signal that could impact the current short-term trend:

Central Candlesticks

Doji

Type : Neutral

Timeframe : 1 hour




ProTrendLines
S3
S2
S1
R1
R2
R3
Price


S3S2S1PriceR1R2R3
ProTrendLines 11.7042 11.7270 11.7518 11.7548 11.7690 11.8123 11.8253
Change (%) -0.43% -0.24% -0.03% - +0.12% +0.49% +0.60%
Change -0.0506 -0.0278 -0.0030 - +0.0142 +0.0575 +0.0705
Level Major Minor Minor - Intermediate Major Minor



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
Standard11.643211.674011.715411.746211.787611.818411.8598
Camarilla11.737111.743711.750311.756911.763511.770111.7768
Woodie11.648611.676711.720811.748911.793011.821111.8652
Fibonacci11.674011.701611.718611.746211.773811.790811.8184


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard11.548711.621011.706511.778811.864311.936612.0221
Camarilla11.748511.763011.777411.791911.806411.820811.8353
Woodie11.555211.624311.713011.782111.870811.939912.0286
Fibonacci11.621011.681311.718611.778811.839111.876411.9366


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard10.912111.123411.457711.669012.003312.214612.5489
Camarilla11.641911.691911.741911.791911.841911.891911.9419
Woodie10.973511.154211.519111.699812.064712.245412.6103
Fibonacci11.123411.331911.460611.669011.877512.006212.2146

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): 47.80
MACD (12,26,9): 0.0035
Directional Movement: 2.4345
AROON (14): 7.1429
DEMA (21): 11.7681
Parabolic SAR (0,02-0,02-0,2): 11.8025
Elder Ray (13): -0.0056
Super Trend (3,10): 11.7283
Zig ZAG (10): 11.7536
VORTEX (21): 1.0096
Stochastique (14,3,5): 37.72
TEMA (21): 11.7732
Williams %R (14): -97.25
Chande Momentum Oscillator (20): -0.0043
Repulse (5,40,3): -0.2453
ROCnROLL: 2
TRIX (15,9): 0.0038
Courbe Coppock: 0.20
MA7: 11.7701
MA20: 11.7459
MA50: 11.7974
MA100: 11.7890
MAexp7: 11.7674
MAexp20: 11.7649
MAexp50: 11.7666
MAexp100: 11.7711
Price / MA7: -0.13%
Price / MA20: +0.08%
Price / MA50: -0.36%
Price / MA100: -0.29%
Price / MAexp7: -0.11%
Price / MAexp20: -0.09%
Price / MAexp50: -0.10%
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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