NOK/CZK

- CZK (-)

- Real time data - Forex

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Type:	Forex
Ticker:	NOKCZK
ISIN:

NOK/CZK - 1H - Technical analysis published on 12/30/2024 (GMT)

Londinia

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Timeframe : 1H
- Analysis generated on
Status : TARGET REACHED

Summary of the analysis

Trends

Short term: Strongly bullish

Underlying: Bullish

Technical indicators

28%

11%

61%

My opinion

Bullish above 2.1242 CZK

My targets

2.1338 CZK (+0.0053)

2.1389 CZK (+0.0104)

My analysis

All elements being clearly bullish, it would be possible for traders to trade only long positions (at the time of purchase) on NOK/CZK as long as the price remains well above 2.1242 CZK. The buyers' bullish objective is set at 2.1338 CZK. A bullish break in this resistance would boost the bullish momentum. The buyers could then target the resistance located at 2.1389 CZK. If there is any crossing, the next objective would be the resistance located at 2.1532 CZK.

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

Force

4.1

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 2.1285 CZK. On the day, this instrument lost -0.01% with the lowest point at 2.1196 CZK and the highest point at 2.1312 CZK. The deviation from the price is +0.42% for the low point and -0.13% for the high point.

2.1196

2.1312

2.1285

So that you have an overall view of the price change, here is a table showing the variations over several periods:

The Central Records scanner for higher/lower results shows the following items:

Near a new LOW record (1 year)

Type : Bearish

Timeframe : Weekly

New HIGH record (1st january)

Type : Bullish

Timeframe : Weekly

Near a new HIGH record (1 month)

Type : Bullish

Timeframe : Weekly

Technical

Technical analysis of NOK/CZK in 1H shows an overall bullish trend. The signals returned by the moving averages are 67.86% bullish. This bullish trend is reinforced by the strong signals currently being given by short-term moving averages. There is no crossing of moving average by the price or crossing of moving averages between themselves.

On the 18 technical indicators analysed, 5 are bullish, 11 are neutral and 2 are bearish. The Central Indicators scanner found this result concerning these indicators:

Momentum indicator is back over 0

Type : Bullish

Timeframe : 1 hour

The analysis of the price chart with Central Patterns scanners does not return any result.

The Central Candlesticks scanner currently notes the presence of this pattern in Japanese candlesticks that could mark the end of the short-term trend currently underway:

Doji

Type : Neutral

Timeframe : 1 hour

ProTrendLines

Price

	S3	S2	S1	Price	R1	R2	R3
ProTrendLines	2.1191	2.1242	2.1280	2.1285	2.1301	2.1338	2.1389
Change (%)	-0.44%	-0.20%	-0.02%	-	+0.08%	+0.25%	+0.49%
Change	-0.0094	-0.0043	-0.0005	-	+0.0016	+0.0053	+0.0104
Level	Minor	Minor	Minor	-	Intermediate	Minor	Major

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	2.1006	2.1073	2.1179	2.1246	2.1352	2.1419	2.1525
Camarilla	2.1238	2.1254	2.1270	2.1286	2.1302	2.1318	2.1334
Woodie	2.1027	2.1083	2.1200	2.1256	2.1373	2.1429	2.1546
Fibonacci	2.1073	2.1139	2.1180	2.1246	2.1312	2.1353	2.1419

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	2.0917	2.1028	2.1157	2.1268	2.1397	2.1508	2.1637
Camarilla	2.1220	2.1242	2.1264	2.1286	2.1308	2.1330	2.1352
Woodie	2.0926	2.1033	2.1166	2.1273	2.1406	2.1513	2.1646
Fibonacci	2.1028	2.1120	2.1176	2.1268	2.1360	2.1416	2.1508

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	2.0246	2.0675	2.1152	2.1581	2.2058	2.2487	2.2964
Camarilla	2.1380	2.1463	2.1546	2.1629	2.1712	2.1795	2.1878
Woodie	2.0270	2.0687	2.1176	2.1593	2.2082	2.2499	2.2988
Fibonacci	2.0675	2.1021	2.1235	2.1581	2.1927	2.2141	2.2487

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):	54.62
MACD (12,26,9):	0.0012
Directional Movement:	0.0585
AROON (14):	-50.0000
DEMA (21):	2.1286
Parabolic SAR (0,02-0,02-0,2):	2.1205
Elder Ray (13):	0.0001
Super Trend (3,10):	2.1200
Zig ZAG (10):	2.1281
VORTEX (21):	1.1065
Stochastique (14,3,5):	70.69
TEMA (21):	2.1293
Williams %R (14):	-23.28
Chande Momentum Oscillator (20):	0.0005
Repulse (5,40,3):	0.0916
ROCnROLL:	1
TRIX (15,9):	0.0107
Courbe Coppock:	0.01

MA7:	2.1261
MA20:	2.1379
MA50:	2.1446
MA100:	2.1415
MAexp7:	2.1279
MAexp20:	2.1269
MAexp50:	2.1257
MAexp100:	2.1260
Price / MA7:	+0.11%
Price / MA20:	-0.44%
Price / MA50:	-0.75%
Price / MA100:	-0.61%
Price / MAexp7:	+0.03%
Price / MAexp20:	+0.08%
Price / MAexp50:	+0.13%
Price / MAexp100:	+0.12%

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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