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

JPY/NOK - 1H - Technical analysis published on 02/13/2025 (GMT)

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  • Timeframe : 1H
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Summary of the analysis

Trends
Short term: Bearish
Underlying: Strongly bearish
Technical indicators
22%
33%
44%
My opinion
Bearish under 0.07309 NOK
My targets
0.07271 NOK (-0.00026)
0.07191 NOK (-0.00106)
My analysis
All elements being clearly bearish, it would be possible for traders to trade only short positions (for sale) on JPY/NOK as long as the price remains well below 0.07309 NOK. The next bearish objective for sellers is set at 0.07271 NOK. A bearish break of this support would revive the bearish momentum. The sellers could then target the support located at 0.07191 NOK. If there is any crossing, the next objective would be the support located at 0.07089 NOK. Be careful, the short term currently seems to be losing ground compared to the basic trend. Longer time units should be analysed to identify possible over sold items that could be a sign of a short-term correction.

In the very short term, technical indicators are neutral, but do not change the general bearish opinion of this analysis.
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 JPY/NOK price is 0.07297 NOK. The price is lower by -0.04% since the last closing and was between 0.07260 NOK and 0.07346 NOK. This implies that the price is at +0.51% from its lowest and at -0.67% from its highest.

0.07260
0.07346
0.07297

Here is a more detailed summary of the historical variations registered by JPY/NOK:
The study of the highest / lowest by the Central Records scanner shows the following results:

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


Technical analysis of this 1H chart of JPY/NOK indicates that the overall trend is strongly bearish. 85.71% of the signals given by moving averages are bearish. The slightly bearish signals from short-term moving averages show that the overall trend is slowing down. The Central Indicators market scanner is currently detecting several bearish signals that could impact this trend:

Central Indicators

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


Bearish price crossover with adaptative moving average 50

Type : Bearish

Timeframe : 1 hour



In fact, of the 18 technical indicators analysed by Central Analyzer, 4 are bullish, 8 are neutral and 6 are bearish. Central Indicators, the detector scanner for these technical indicators has recently detected several signals:

Central Indicators

Pivot points : price is under support 1

Type : Neutral

Timeframe : Weekly


Price is back under the pivot point

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 a result that can have an impact on the price change:

Central Patterns

Resistance of channel is broken

Type : Bullish

Timeframe : 1 hour



The Central Candlesticks scanner which studies Japanese candlesticks did not detect anything.


ProTrendLines
S3
S2
S1
R1
R2
R3
Price


S3S2S1PriceR1R2R3
ProTrendLines 0.06830 0.07089 0.07271 0.07297 0.07364 0.07400 0.07435
Change (%) -6.40% -2.85% -0.36% - +0.92% +1.41% +1.89%
Change -0.00467 -0.00208 -0.00026 - +0.00067 +0.00103 +0.00138
Level Major Major Major - Major Minor Minor



Attention could also be paid to pivot points to set price objectives:

Daily
Pivot points S3 S2 S1 PP R1 R2 R3
Standard0.071980.072330.072670.073020.073360.073710.07405
Camarilla0.072810.072870.072940.073000.073060.073130.07319
Woodie0.071970.072330.072660.073020.073350.073710.07404
Fibonacci0.072330.072600.072760.073020.073290.073450.07371


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard0.071150.071910.073090.073850.075030.075790.07697
Camarilla0.073730.073900.074080.074260.074440.074620.07479
Woodie0.071350.072020.073290.073960.075230.075900.07717
Fibonacci0.071910.072650.073110.073850.074590.075050.07579


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard0.069370.070340.071680.072650.073990.074960.07630
Camarilla0.072390.072600.072810.073020.073230.073440.07366
Woodie0.069560.070430.071870.072740.074180.075050.07649
Fibonacci0.070340.071220.071770.072650.073530.074080.07496

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): 46.48
MACD (12,26,9): 0.0000
Directional Movement: 2.64978
AROON (14): 57.14286
DEMA (21): 0.07312
Parabolic SAR (0,02-0,02-0,2): 0.07346
Elder Ray (13): -0.00005
Super Trend (3,10): 0.07280
Zig ZAG (10): 0.07301
VORTEX (21): 1.0289
Stochastique (14,3,5): 49.49
TEMA (21): 0.07318
Williams %R (14): -73.02
Chande Momentum Oscillator (20): -0.00019
Repulse (5,40,3): -0.2329
ROCnROLL: 2
TRIX (15,9): 0.0048
Courbe Coppock: 0.59
MA7: 0.07361
MA20: 0.07305
MA50: 0.07280
MA100: 0.07255
MAexp7: 0.07311
MAexp20: 0.07310
MAexp50: 0.07317
MAexp100: 0.07333
Price / MA7: -0.87%
Price / MA20: -0.11%
Price / MA50: +0.23%
Price / MA100: +0.58%
Price / MAexp7: -0.19%
Price / MAexp20: -0.18%
Price / MAexp50: -0.27%
Price / MAexp100: -0.49%

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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