NOK/CZK

- CZK (-)

- Real time data - Forex

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High / Low range:	-

Type:	Forex
Ticker:	NOKCZK
ISIN:

NOK/CZK - 1H - Technical analysis published on 11/14/2024 (GMT)

Londinia

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Timeframe : 1H
- Analysis generated on
Status : INVALID

Summary of the analysis

Trends

Short term: Strongly bearish

Underlying: Bearish

Technical indicators

33%

22%

44%

My opinion

Bearish under 2.1524 CZK

My targets

2.1461 CZK (-0.0030)

2.1385 CZK (-0.0106)

My analysis

NOK/CZK is part of a very strong bearish trend. Traders may consider trading only short positions (for sale) as long as the price remains well below 2.1524 CZK. The next support located at 2.1461 CZK is the next bearish objective to target. A bearish break of this support would revive the bearish momentum. The bearish movement could then continue towards the next support located at 2.1385 CZK. Below this support, sellers could then target 2.1340 CZK.

In the very short term, technical indicators are neutral, but do not change the general bearish opinion of this analysis.

Force

3.2

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

The NOK/CZK rating is 2.1491 CZK. On the day, this instrument lost -0.01% and was traded between 2.1475 CZK and 2.1510 CZK over the period. The price is currently at +0.07% from its lowest and -0.09% from its highest.

2.1475

2.1510

2.1491

A study of price movements over other periods shows the following variations:

The study of the highest / lowest by the Central Records scanner shows the following results:

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

Technical analysis of NOK/CZK in 1H shows an overall bearish trend. 67.86% of the signals given by moving averages are bearish. This bearish trend is supported by the strong bearish signals given by short-term moving averages. The Central Indicators scanner detects a bearish signal on moving averages that could impact this trend:

Bearish trend reversal : adaptative moving average 100

Type : Bearish

Timeframe : 1 hour

The technical indicators are generally neutral. They do not provide relevant information on the direction of future price movements.
Caution: the Central Indicators scanner currently detects an excess:

RSI indicator: bullish divergence

Type : Bullish

Timeframe : 1 hour

Central Indicators, the scanner specialised in technical indicators, has identified this signal:

Price is back over the pivot point

Type : Bullish

Timeframe : Weekly

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

Near horizontal support

Type : Bullish

Timeframe : 1 hour

Near support of triangle

Type : Bullish

Timeframe : 1 hour

Support of channel is broken

Type : Bearish

Timeframe : 1 hour

The Central Candlesticks scanner, specialised in Japanese candlesticks, did not identify any signals.

ProTrendLines

Price

	S3	S2	S1	Price	R1	R2	R3
ProTrendLines	2.1340	2.1385	2.1461	2.1491	2.1524	2.1580	2.1657
Change (%)	-0.70%	-0.49%	-0.14%	-	+0.15%	+0.41%	+0.77%
Change	-0.0151	-0.0106	-0.0030	-	+0.0033	+0.0089	+0.0166
Level	Intermediate	Minor	Minor	-	Minor	Major	Intermediate

To determine price objectives, it is also possible to use the pivot points. Here is the price position in relation to pivot points:

Daily

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	2.1282	2.1372	2.1432	2.1522	2.1582	2.1672	2.1732
Camarilla	2.1452	2.1466	2.1479	2.1493	2.1507	2.1521	2.1534
Woodie	2.1268	2.1365	2.1418	2.1515	2.1568	2.1665	2.1718
Fibonacci	2.1372	2.1429	2.1464	2.1522	2.1579	2.1614	2.1672

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	2.0687	2.0898	2.1157	2.1368	2.1627	2.1838	2.2097
Camarilla	2.1287	2.1330	2.1373	2.1416	2.1459	2.1502	2.1545
Woodie	2.0711	2.0910	2.1181	2.1380	2.1651	2.1850	2.2121
Fibonacci	2.0898	2.1078	2.1189	2.1368	2.1548	2.1659	2.1838

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	2.0263	2.0690	2.0921	2.1348	2.1579	2.2006	2.2237
Camarilla	2.0972	2.1032	2.1093	2.1153	2.1213	2.1274	2.1334
Woodie	2.0166	2.0641	2.0824	2.1299	2.1482	2.1957	2.2140
Fibonacci	2.0690	2.0941	2.1096	2.1348	2.1599	2.1754	2.2006

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):	39.63
MACD (12,26,9):	-0.0016
Directional Movement:	-5.1010
AROON (14):	-14.2857
DEMA (21):	2.1489
Parabolic SAR (0,02-0,02-0,2):	2.1470
Elder Ray (13):	-0.0005
Super Trend (3,10):	2.1572
Zig ZAG (10):	2.1497
VORTEX (21):	0.8847
Stochastique (14,3,5):	43.75
TEMA (21):	2.1479
Williams %R (14):	-56.25
Chande Momentum Oscillator (20):	0.0006
Repulse (5,40,3):	-0.0273
ROCnROLL:	2
TRIX (15,9):	-0.0126
Courbe Coppock:	0.28

MA7:	2.1481
MA20:	2.1349
MA50:	2.1380
MA100:	2.1427
MAexp7:	2.1496
MAexp20:	2.1510
MAexp50:	2.1522
MAexp100:	2.1494
Price / MA7:	+0.05%
Price / MA20:	+0.67%
Price / MA50:	+0.52%
Price / MA100:	+0.30%
Price / MAexp7:	-0.02%
Price / MAexp20:	-0.09%
Price / MAexp50:	-0.14%
Price / MAexp100:	-0.01%

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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