EUR/NOK
EUR NOK
- NOK (-)
- Real time data - Forex
Open: -
Change: -
Volume: -
Low: -
High: -
High / Low range: -
Type: Forex
Ticker: EURNOK
ISIN:

EUR/NOK - 1H - Technical analysis published on 10/01/2024 (GMT)

  • 204
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  • Timeframe : 1H
  • - Analysis generated on
  • Status : NEUTRAL

Analysis too old. There are no more charts available.

Summary of the analysis

Trends
Short term: Neutral
Underlying: Slightly bullish
Technical indicators
28%
33%
39%
My opinion
Neutral between 11.7049 NOK and 11.7726 NOK
My targets
-
My analysis
A slightly bullish trend and a neutral short term. With such a pattern, it is difficult to favour buying or selling. The first resistance is located at 11.7726 NOK. The first support is located at 11.7049 NOK. A very slight advantage is given by the slightly bullish basic trend so that the resistance is reached first, but should we take this into account? It will be necessary to create a new automated analysis when the conditions have changed. This may be the case, for example, when the first resistance has been broken above or the first support has been broken below.

In the very short term, the neutral opinion of this analysis is confirmed by technical indicators which are also neutral.

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 EUR/NOK price is 11.7431 NOK. The price is lower by -0.03% since the last closing and was between 11.7093 NOK and 11.7935 NOK. This implies that the price is at +0.29% from its lowest and at -0.43% from its highest.

11.7093
11.7935
11.7431

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, which identifies the highest / lowest, has detected several elements:

Central Records

Near a new LOW record (1 year)

Type : Bearish

Timeframe : Weekly


Near a new LOW record (1st january)

Type : Bearish

Timeframe : Weekly


Near a new HIGH record (1 month)

Type : Bullish

Timeframe : Weekly



Technical


Technical analysis of EUR/NOK in 1H shows an overall slightly bullish trend. 50.00% of the signals given by moving averages are bullish. As the signals currently given by short-term moving averages are rather neutral, the overall trend could quickly return to neutral as well. The Central Indicators market scanner is currently detecting several bearish and bullish signals that could impact this trend:

Central Indicators

Bullish trend reversal : Moving Average 20

Type : Bullish

Timeframe : 1 hour


Bearish trend reversal : Moving Average 100

Type : Bearish

Timeframe : 1 hour


Bullish trend reversal : adaptative moving average 50

Type : Bullish

Timeframe : 1 hour


Bearish price crossover with Moving Average 20

Type : Bearish

Timeframe : 1 hour



An assessment of technical indicators does not currently provide any relevant information on the direction of future price movements.
Other results related to technical indicators were also found by the Central Indicators scanner:

Central Indicators

RSI indicator is back under 50

Type : Bearish

Timeframe : 1 hour


Williams %R indicator is back over -50

Type : Bullish

Timeframe : 1 hour



The Central Patterns scanner, which studies chart patterns, resistances and supports, has identified these signals:

Central Patterns

Near horizontal support

Type : Bullish

Timeframe : 1 hour


Support of channel is broken

Type : Bearish

Timeframe : 1 hour



For a small setback in the very short term, the Central Candlesticks scanner currently notes the presence of this bearish pattern in Japanese candlesticks:

Central Candlesticks

Bearish engulfing lines

Type : Bearish

Timeframe : 1 hour




ProTrendLines
S3
S2
S1
R1
R2
R3
Price


S3S2S1PriceR1R2R3
ProTrendLines 11.6389 11.6788 11.7049 11.7431 11.7471 11.7726 11.7918
Change (%) -0.89% -0.55% -0.33% - +0.03% +0.25% +0.41%
Change -0.1042 -0.0643 -0.0382 - +0.0040 +0.0295 +0.0487
Level Intermediate Minor Major - Minor Intermediate Intermediate



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
Standard11.620011.663311.705111.748411.790211.833511.8753
Camarilla11.723511.731311.739111.746911.754711.762511.7703
Woodie11.619311.662911.704411.748011.789511.833111.8746
Fibonacci11.663311.695811.715911.748411.780911.801011.8335


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard11.395311.498311.609511.712511.823711.926712.0379
Camarilla11.661811.681411.701111.720711.740311.760011.7796
Woodie11.399411.500411.613611.714611.827811.928812.0420
Fibonacci11.498311.580111.630711.712511.794311.844911.9267


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard11.155211.378211.562611.785611.970012.193012.3774
Camarilla11.634911.672211.709611.746911.784311.821611.8589
Woodie11.135811.368611.543211.776011.950612.183412.3580
Fibonacci11.378211.533911.630011.785611.941312.037412.1930

Numerical data


The following is the status of technical indicators and moving averages registered at the time this technical analysis was created:

Technical indicators
Moving averages

RSI (14): 50.04
MACD (12,26,9): -0.0014
Directional Movement: 1.2766
AROON (14): -50.0000
DEMA (21): 11.7430
Parabolic SAR (0,02-0,02-0,2): 11.7638
Elder Ray (13): 0.0014
Super Trend (3,10): 11.7230
Zig ZAG (10): 11.7430
VORTEX (21): 1.0199
Stochastique (14,3,5): 42.87
TEMA (21): 11.7418
Williams %R (14): -57.36
Chande Momentum Oscillator (20): 0.0080
Repulse (5,40,3): -0.0183
ROCnROLL: -1
TRIX (15,9): -0.0006
Courbe Coppock: 0.10
MA7: 11.7201
MA20: 11.7914
MA50: 11.8018
MA100: 11.6608
MAexp7: 11.7422
MAexp20: 11.7445
MAexp50: 11.7451
MAexp100: 11.7409
Price / MA7: +0.20%
Price / MA20: -0.41%
Price / MA50: -0.50%
Price / MA100: +0.71%
Price / MAexp7: +0.01%
Price / MAexp20: -0.01%
Price / MAexp50: -0.02%
Price / MAexp100: +0.02%

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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