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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 02/06/2025 (GMT)

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

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Summary of the analysis

Trends
Short term: Strongly bullish
Underlying: Strongly bullish
Technical indicators
56%
17%
28%
My opinion
Bullish above 2.1532 CZK
My targets
2.1612 CZK (+0.0055)
2.1732 CZK (+0.0175)
My analysis
NOK/CZK is part of a very strong bullish trend. Traders may consider trading only long positions (at the time of purchase) as long as the price remains well above 2.1532 CZK. The next resistance located at 2.1612 CZK is the next bullish objective to be reached. A bullish break in this resistance would boost the bullish momentum. The bullish movement could then continue towards the next resistance located at 2.1732 CZK. After this resistance, buyers could then target 2.1830 CZK. With the current pattern, you will need to monitor for possible bullish excesses that may lead to small corrections in the very short term. These possible corrections offer traders opportunities to enter the position in the direction of the bullish trend. Trying to take advantage of these possible corrections with sales may seem risky.

In the very short term, the general bullish sentiment is confirmed by technical indicators. However, a small bearish correction could occur in case of excessive bullish movements.
Force
0
10
7

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 2.1557 CZK. The price is lower by -0.05% since the last closing and was between 2.1484 CZK and 2.1591 CZK. This implies that the price is at +0.34% from its lowest and at -0.16% from its highest.

2.1484
2.1591
2.1557

A study of price movements over other periods shows the following variations:
The Central Records scanner for higher/lower results shows the following items:

Central Records

Near a new HIGH record (1 year)

Type : Bullish

Timeframe : Weekly


Near a new LOW record (1st january)

Type : Bearish

Timeframe : Weekly


Near a new LOW record (1 month)

Type : Bearish

Timeframe : Weekly



Technical


Technical analysis of this 1H chart of NOK/CZK indicates that the overall trend is strongly bullish. 89.29% of the signals given by moving averages are bullish. This strongly bullish trend is supported by the strong bullish signals given by short-term moving averages. 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 Moving Average 50

Type : Bullish

Timeframe : 1 hour


Bullish price crossover with adaptative moving average 20

Type : Bullish

Timeframe : 1 hour



In fact, 10 technical indicators on 18 studied are currently positioned bullish. Central Indicators, the detector scanner for these technical indicators has recently detected several signals:

Central Indicators

Pivot points : price is over resistance 1

Type : Neutral

Timeframe : Weekly


RSI indicator is back over 50

Type : Bullish

Timeframe : 1 hour


Ichimoku : price is over the cloud

Type : Bullish

Timeframe : 1 hour


MACD indicator is back over 0

Type : Bullish

Timeframe : 1 hour


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


Support of channel is broken

Type : Bearish

Timeframe : 1 hour



The presence of a bullish Japanese candlestick pattern detected by Central Candlesticks that could cause a very short term rebound was also detected:

Central Candlesticks

Bullish engulfing lines

Type : Bullish

Timeframe : 1 hour




ProTrendLines
S3
S2
S1
R1
R2
R3
Price


S3S2S1PriceR1R2R3
ProTrendLines 2.1376 2.1443 2.1532 2.1557 2.1574 2.1612 2.1732
Change (%) -0.84% -0.53% -0.12% - +0.08% +0.26% +0.81%
Change -0.0181 -0.0114 -0.0025 - +0.0017 +0.0055 +0.0175
Level Intermediate Intermediate Minor - Minor Intermediate 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
Standard2.13902.14442.15052.15592.16202.16742.1735
Camarilla2.15352.15462.15572.15672.15782.15882.1599
Woodie2.13952.14462.15102.15612.16252.16762.1740
Fibonacci2.14442.14882.15152.15592.16032.16302.1674


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard2.10422.11412.12872.13862.15322.16312.1777
Camarilla2.13672.13892.14122.14342.14572.14792.1501
Woodie2.10672.11532.13122.13982.15572.16432.1802
Fibonacci2.11412.12342.12922.13862.14792.15372.1631


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard2.07882.10132.12242.14492.16602.18852.2096
Camarilla2.13142.13542.13942.14342.14742.15142.1554
Woodie2.07802.10102.12162.14462.16522.18822.2088
Fibonacci2.10132.11802.12832.14492.16162.17192.1885

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): 54.59
MACD (12,26,9): 0.0000
Directional Movement: -5.3413
AROON (14): -71.4285
DEMA (21): 2.1546
Parabolic SAR (0,02-0,02-0,2): 2.1484
Elder Ray (13): 0.0008
Super Trend (3,10): 2.1599
Zig ZAG (10): 2.1564
VORTEX (21): 0.9562
Stochastique (14,3,5): 62.93
TEMA (21): 2.1544
Williams %R (14): -27.36
Chande Momentum Oscillator (20): 0.0019
Repulse (5,40,3): 0.1373
ROCnROLL: 1
TRIX (15,9): -0.0015
Courbe Coppock: 0.04
MA7: 2.1472
MA20: 2.1449
MA50: 2.1431
MA100: 2.1455
MAexp7: 2.1547
MAexp20: 2.1545
MAexp50: 2.1540
MAexp100: 2.1514
Price / MA7: +0.40%
Price / MA20: +0.50%
Price / MA50: +0.59%
Price / MA100: +0.48%
Price / MAexp7: +0.04%
Price / MAexp20: +0.05%
Price / MAexp50: +0.07%
Price / MAexp100: +0.20%

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
Londinia AI

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