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

NOK/CZK - 1H - Technical analysis published on 10/18/2023 (GMT)

  • 167
  • 0
  • 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 bearish
Technical indicators
50%
11%
39%
My opinion
Neutral between 2.1236 CZK and 2.1332 CZK
My targets
-
My analysis
A slightly bearish trend and a neutral short term. With such a pattern, it is difficult to favour buying or selling. The first support is located at 2.1236 CZK. The first resistance is located at 2.1332 CZK. A very slight advantage is given by the slightly bearish basic trend so that the support 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 could be the case, for example, when the first support has been broken below or the first resistance has been broken above.

Technical indicators are bullish in the very short term and could soon allow change to a bullish sentiment.

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.

Londinia
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 NOK/CZK price is 2.1289 CZK. The price is lower by -0.02% since the last closing with the lowest point at 2.1185 CZK and the highest point at 2.1306 CZK. The deviation from the price is +0.49% for the low point and -0.08% for the high point.

2.1185
2.1306
2.1289

A bullish opening was detected by the Central Gaps scanner. Buyers are trying to impose a bullish momentum in the very short term.

Central Gaps

Bullish opening

Type : Bullish

Timeframe : Openning



So that you have an overall view of the price change, here is a table showing the variations over several periods:
The study of the highest / lowest by the Central Records scanner shows the following result:

Central Records

Near a new HIGH record (1 month)

Type : Bullish

Timeframe : Weekly



Technical


Technical analysis of this 1H chart of NOK/CZK indicates that the overall trend is slightly bearish. 60.71% of the signals given by moving averages are bearish. As the signals currently given by short-term moving averages are rather neutral, the slightly bearish trend could return to neutral. An assessment of moving averages reveals several bullish signals that could impact this trend:

Central Indicators

Bullish price crossover with Moving Average 20

Type : Bullish

Timeframe : 1 hour


Bullish price crossover with adaptative moving average 20

Type : Bullish

Timeframe : 1 hour



In fact, only 9 technical indicators out of 18 studied are currently positioned bullish. But beware of excesses. The Central Indicators scanner currently detects this:

Central Indicators

Williams %R indicator is overbought : over -20

Type : Neutral

Timeframe : 1 hour

Central Indicators, the detector scanner for these technical indicators has recently detected several signals:

Central Indicators

RSI indicator is back over 50

Type : Bullish

Timeframe : 1 hour


Parabolic SAR indicator bullish reversal

Type : Bullish

Timeframe : 1 hour


Aroon indicator bullish trend

Type : Bullish

Timeframe : 1 hour


Price is back over the pivot point

Type : Bullish

Timeframe : 1 hour


Price is back under the pivot point

Type : Bearish

Timeframe : Weekly


Momentum indicator is back over 0

Type : Bullish

Timeframe : 1 hour



Central Patterns, the market scanner focusing on chart patterns, resistances and supports found these results:

Central Patterns

Near horizontal support

Type : Bullish

Timeframe : 1 hour


Near support of triangle

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


S3S2S1PriceR1R2R3
ProTrendLines 2.1109 2.1196 2.1236 2.1289 2.1332 2.1404 2.1479
Change (%) -0.85% -0.44% -0.25% - +0.20% +0.54% +0.89%
Change -0.0180 -0.0093 -0.0053 - +0.0043 +0.0115 +0.0190
Level Major Intermediate Major - 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
Standard2.09812.10882.11912.12982.14012.15082.1611
Camarilla2.12352.12552.12742.12932.13122.13322.1351
Woodie2.09782.10872.11882.12972.13982.15072.1608
Fibonacci2.10882.11692.12182.12982.13792.14282.1508


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard2.08302.09722.12262.13682.16222.17642.2018
Camarilla2.13712.14072.14442.14802.15162.15532.1589
Woodie2.08862.10002.12822.13962.16782.17922.2074
Fibonacci2.09722.11232.12172.13682.15192.16132.1764


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard2.01742.05072.10462.13792.19182.22512.2790
Camarilla2.13462.14262.15062.15862.16662.17462.1826
Woodie2.02782.05592.11502.14312.20222.23032.2894
Fibonacci2.05072.08402.10462.13792.17122.19182.2251

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): 49.81
MACD (12,26,9): -0.0017
Directional Movement: -9.0114
AROON (14): 14.2857
DEMA (21): 2.1255
Parabolic SAR (0,02-0,02-0,2): 2.1185
Elder Ray (13): 0.0001
Super Trend (3,10): 2.1343
Zig ZAG (10): 2.1296
VORTEX (21): 1.0148
Stochastique (14,3,5): 66.45
TEMA (21): 2.1261
Williams %R (14): -8.26
Chande Momentum Oscillator (20): 0.0023
Repulse (5,40,3): 0.3208
ROCnROLL: -1
TRIX (15,9): -0.0143
Courbe Coppock: 0.09
MA7: 2.1359
MA20: 2.1350
MA50: 2.1182
MA100: 2.0981
MAexp7: 2.1269
MAexp20: 2.1279
MAexp50: 2.1316
MAexp100: 2.1337
Price / MA7: -0.33%
Price / MA20: -0.29%
Price / MA50: +0.51%
Price / MA100: +1.47%
Price / MAexp7: +0.09%
Price / MAexp20: +0.05%
Price / MAexp50: -0.13%
Price / MAexp100: -0.22%

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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Londinia
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