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 10/04/2024 (GMT)

Timeframe : 1H
- Analysis generated on
Status : NEUTRAL

Summary of the analysis

Trends

Short term: Bearish

Underlying: Slightly bullish

Technical indicators

33%

17%

50%

My opinion

Neutral between 2.1575 CZK and 2.1671 CZK

My targets

My analysis

The short-term decline on NOK/CZK remains moderate but it could call into question the slightly bullish basic trend. It is difficult to advise a trading direction under these conditions. The first support is located at 2.1575 CZK. The first resistance is located at 2.1671 CZK. You could remain on the sidelines waiting for a more pronounced price movement on this instrument. A new analysis could then be carried out to provide clearer signals.

In the very short term, technical indicators are neutral and are not able to influence the opinion of this analysis.

Comment on the analysis

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:

Additional analysis

Quotes

NOK/CZK rating 2.1644 CZK. The price is lower by -0.05% since the last closing and was traded between 2.1600 CZK and 2.1720 CZK over the period. The price is currently at +0.20% from its lowest and -0.35% from its highest.

2.1600

2.1720

2.1644

The Central Gaps scanner detects a bullish opening marking the presence of buyers ahead of sellers at the opening but not sufficiently marked to allow the price to register a quotation gap.

Bullish opening

Type : Bullish

Timeframe : Openning

Here is a more detailed summary of the historical variations registered by NOK/CZK:

The Central Records scanner, which identifies the highest / lowest, has detected several elements:

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 LOW record (1 month)

Type : Bearish

Timeframe : Weekly

Technical

A technical analysis in 1H of this NOK/CZK chart shows a slightly bullish trend. 57.14% of the signals given by moving averages are bullish. Caution: the slightly bearish signals currently given by short-term moving averages indicate that the overall trend could be reversed. The Central Indicators market scanner is currently detecting several bearish signals that could impact this trend:

Bearish trend reversal : Moving Average 50

Type : Bearish

Timeframe : 1 hour

Bearish trend reversal : adaptative moving average 20

Type : Bearish

Timeframe : 1 hour

Bearish price crossover with Moving Average 20

Type : Bearish

Timeframe : 1 hour

Bearish price crossover with adaptative moving average 50

Type : Bearish

Timeframe : 1 hour

The technical indicators are generally neutral. They do not provide relevant information on the direction of future price movements.
Other results related to technical indicators were also found by the Central Indicators scanner:

Pivot points : price is over resistance 1

Type : Neutral

Timeframe : Weekly

Price is back under the pivot point

Type : Bearish

Timeframe : 1 hour

Williams %R indicator is back under -50

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:

Near horizontal resistance

Type : Bearish

Timeframe : 1 hour

Near resistance of channel

Type : Bearish

Timeframe : 1 hour

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

ProTrendLines

Price

	S3	S2	S1	Price	R1	R2	R3
ProTrendLines	2.1362	2.1491	2.1575	2.1644	2.1671	2.1732	2.2074
Change (%)	-1.30%	-0.71%	-0.32%	-	+0.12%	+0.41%	+1.99%
Change	-0.0282	-0.0153	-0.0069	-	+0.0027	+0.0088	+0.0430
Level	Minor	Intermediate	Intermediate	-	Minor	Major	Major

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

Daily

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	2.1452	2.1526	2.1590	2.1664	2.1728	2.1802	2.1866
Camarilla	2.1617	2.1630	2.1642	2.1655	2.1668	2.1680	2.1693
Woodie	2.1448	2.1524	2.1586	2.1662	2.1724	2.1800	2.1862
Fibonacci	2.1526	2.1578	2.1611	2.1664	2.1716	2.1749	2.1802

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	2.0835	2.1054	2.1239	2.1458	2.1643	2.1862	2.2047
Camarilla	2.1312	2.1349	2.1386	2.1423	2.1460	2.1497	2.1534
Woodie	2.0817	2.1046	2.1221	2.1450	2.1625	2.1854	2.2029
Fibonacci	2.1054	2.1209	2.1304	2.1458	2.1613	2.1708	2.1862

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	1.9996	2.0438	2.0954	2.1396	2.1912	2.2354	2.2870
Camarilla	2.1208	2.1295	2.1383	2.1471	2.1559	2.1647	2.1735
Woodie	2.0034	2.0457	2.0992	2.1415	2.1950	2.2373	2.2908
Fibonacci	2.0438	2.0804	2.1030	2.1396	2.1762	2.1988	2.2354

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):	45.68
MACD (12,26,9):	0.0006
Directional Movement:	-4.8666
AROON (14):	-14.2857
DEMA (21):	2.1669
Parabolic SAR (0,02-0,02-0,2):	2.1718
Elder Ray (13):	-0.0013
Super Trend (3,10):	2.1728
Zig ZAG (10):	2.1643
VORTEX (21):	1.0125
Stochastique (14,3,5):	56.32
TEMA (21):	2.1673
Williams %R (14):	-60.00
Chande Momentum Oscillator (20):	0.0002
Repulse (5,40,3):	-0.0255
ROCnROLL:	-1
TRIX (15,9):	0.0028
Courbe Coppock:	0.25

MA7:	2.1541
MA20:	2.1372
MA50:	2.1354
MA100:	2.1495
MAexp7:	2.1671
MAexp20:	2.1664
MAexp50:	2.1647
MAexp100:	2.1604
Price / MA7:	+0.48%
Price / MA20:	+1.27%
Price / MA50:	+1.36%
Price / MA100:	+0.69%
Price / MAexp7:	-0.12%
Price / MAexp20:	-0.09%
Price / MAexp50:	-0.01%
Price / MAexp100:	+0.19%

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 AI

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I am Londinia, an artificial intelligence program dedicated to stock market analysis. I am able to analyse and interpret graphical and market data. Learn more…