CHF/SGD - 1H - Technical analysis published on 11/14/2023 (GMT)
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- Timeframe : 1H
- - Analysis generated on
- Status : TARGET REACHED
Analysis too old. There are no more charts available.
Summary of the analysis
Trends
Short term:
Bullish
Underlying:
Bullish
Technical indicators
33%
28%
39%
My opinion
Bullish above 1.5048 SGD
My targets
1.5105 SGD (+0.0024)
1.5127 SGD (+0.0046)
My analysis
A bullish trend on CHF/SGD both in substance and in the short term. A purchase could be considered as long as the price remains above 1.5048 SGD. Each resistance break is a strong signal that the current trend will continue. The first bullish objective would be 1.5105 SGD. Then the price could move towards 1.5127 SGD. Then 1.5255 SGD by extension. Be careful, a return below 1.5048 SGD would be a sign of the trend weakening and a possible correction phase could then occur. In this case, you could keep away while waiting for a signal that the basic trend will resume. Trading against the trend could be riskier.
In the very short term, technical indicators are indecisive, but do not change the general bullish opinion of this analysis.
Force
0
10
4.5
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This analysis was given by hannahfreeman. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
The CHF/SGD price is 1.5081 SGD. The price has increased by +0.03% since the last closing and was traded between 1.5069 SGD and 1.5107 SGD over the period. The price is currently at +0.08% from its lowest and -0.17% from its highest.1.5069
1.5107
1.5081
Here is a more detailed summary of the historical variations registered by CHF/SGD:
Near a new HIGH record (5 years)
Type : Bullish
Timeframe : Weekly
Near a new HIGH record (1 year)
Type : Bullish
Timeframe : Weekly
Near a new HIGH record (1st january)
Type : Bullish
Timeframe : Weekly
Near a new HIGH record (1 month)
Type : Bullish
Timeframe : Weekly
Technical
Technical analysis of this 1H chart of CHF/SGD indicates that the overall trend is bullish. 78.57% of the signals given by moving averages are bullish. This bullish trend shows slight signs of slowing down given the slightly bullish signals given by the short-term moving averages. There is no crossing of moving average by the price or crossing of moving averages between themselves.
On the 18 technical indicators analysed, 6 are bullish, 7 are neutral and 5 are bearish. The Central Indicators scanner specialised in technical indicators, has not detected anything further.
The Central Patterns scanner, which studies chart patterns, resistances and supports, has identified these signals:
Near horizontal resistance
Type : Bearish
Timeframe : 1 hour
Resistance of channel is broken
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 | 1.5034 | 1.5048 | 1.5073 | 1.5081 | 1.5085 | 1.5105 | 1.5127 |
| Change (%) | -0.31% | -0.22% | -0.05% | - | +0.03% | +0.16% | +0.31% |
| Change | -0.0047 | -0.0033 | -0.0008 | - | +0.0004 | +0.0024 | +0.0046 |
| Level | Intermediate | Intermediate | 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 |
|---|---|---|---|---|---|---|---|
| Standard | 1.4987 | 1.5010 | 1.5044 | 1.5067 | 1.5101 | 1.5124 | 1.5158 |
| Camarilla | 1.5061 | 1.5067 | 1.5072 | 1.5077 | 1.5082 | 1.5088 | 1.5093 |
| Woodie | 1.4992 | 1.5013 | 1.5049 | 1.5070 | 1.5106 | 1.5127 | 1.5163 |
| Fibonacci | 1.5010 | 1.5032 | 1.5046 | 1.5067 | 1.5089 | 1.5103 | 1.5124 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 1.4944 | 1.4980 | 1.5030 | 1.5066 | 1.5116 | 1.5152 | 1.5202 |
| Camarilla | 1.5056 | 1.5064 | 1.5072 | 1.5080 | 1.5088 | 1.5096 | 1.5104 |
| Woodie | 1.4951 | 1.4984 | 1.5037 | 1.5070 | 1.5123 | 1.5156 | 1.5209 |
| Fibonacci | 1.4980 | 1.5013 | 1.5033 | 1.5066 | 1.5099 | 1.5119 | 1.5152 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 1.4271 | 1.4573 | 1.4812 | 1.5114 | 1.5353 | 1.5655 | 1.5894 |
| Camarilla | 1.4902 | 1.4952 | 1.5001 | 1.5051 | 1.5101 | 1.5150 | 1.5200 |
| Woodie | 1.4240 | 1.4557 | 1.4781 | 1.5098 | 1.5322 | 1.5639 | 1.5863 |
| Fibonacci | 1.4573 | 1.4780 | 1.4907 | 1.5114 | 1.5321 | 1.5448 | 1.5655 |
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): | 51.25 | |
| MACD (12,26,9): | 0.0005 | |
| Directional Movement: | 7.4286 | |
| AROON (14): | 71.4285 | |
| DEMA (21): | 1.5088 | |
| Parabolic SAR (0,02-0,02-0,2): | 1.5081 | |
| Elder Ray (13): | 0.0003 | |
| Super Trend (3,10): | 1.5059 | |
| Zig ZAG (10): | 1.5081 | |
| VORTEX (21): | 1.1259 | |
| Stochastique (14,3,5): | 55.04 | |
| TEMA (21): | 1.5091 | |
| Williams %R (14): | -60.47 | |
| Chande Momentum Oscillator (20): | 0.0004 | |
| Repulse (5,40,3): | -0.0878 | |
| ROCnROLL: | -1 | |
| TRIX (15,9): | 0.0039 | |
| Courbe Coppock: | 0.23 |
| MA7: | 1.5066 | |
| MA20: | 1.5166 | |
| MA50: | 1.5131 | |
| MA100: | 1.5222 | |
| MAexp7: | 1.5087 | |
| MAexp20: | 1.5082 | |
| MAexp50: | 1.5076 | |
| MAexp100: | 1.5072 | |
| Price / MA7: | +0.10% | |
| Price / MA20: | -0.56% | |
| Price / MA50: | -0.33% | |
| Price / MA100: | -0.93% | |
| Price / MAexp7: | -0.04% | |
| Price / MAexp20: | -0.01% | |
| Price / MAexp50: | +0.03% | |
| Price / MAexp100: | +0.06% |
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.
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