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

NOK/HKD - 1H - Technical analysis published on 01/13/2023 (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
28%
33%
39%
My opinion
Bullish above 0.7841 HKD
My targets
0.7948 HKD (+0.0052)
0.8002 HKD (+0.0106)
My analysis
The bullish trend is currently very strong on NOK/HKD. As long as the price remains above the support at 0.7841 HKD, you could try to benefit from the boom. The first bullish objective is located at 0.7948 HKD. The bullish momentum would be boosted by a break in this resistance. Buyers would then use the next resistance located at 0.8002 HKD as an objective. Crossing it would then enable buyers to target 0.8244 HKD. Be careful, given the powerful bullish rally underway, excesses could lead to a possible correction in the short term. If this is the case, remember that trading against the trend may be riskier. It would seem more appropriate to wait for a signal indicating reversal of the trend.

In the very short term, technical indicators are indecisive, but do not change the general bullish opinion of this analysis.
Force
0
10
5.5

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/HKD rating is 0.7896 HKD. The price registered a decrease of -0.01% on the session and was between 0.7864 HKD and 0.7932 HKD. This implies that the price is at +0.41% from its lowest and at -0.45% from its highest.

0.7864
0.7932
0.7896

Here is a more detailed summary of the historical variations registered by NOK/HKD:
The Central Records scanner, which identifies the highest / lowest, has detected several elements:

Central Records

Near a new LOW record (1st january)

Type : Bearish

Timeframe : Weekly


Near a new LOW record (1 month)

Type : Bearish

Timeframe : Weekly



The Central Volumes scanner detects abnormal volumes on the asset:

Central Volumes

Abnormal volumes

Timeframe : 50 days

Technical


Technical analysis of this 1H chart of NOK/HKD indicates that the overall trend is strongly bullish. The signals given by the moving averages are 89.29% bullish. This strong bullish trend is confirmed by the strong signals currently being given by short-term moving averages. The Central Indicators market scanner currently does not detect any result that concerns moving averages.

In fact, of the 18 technical indicators analysed by Central Analyzer, 5 are bullish, 7 are neutral and 6 are bearish. But beware of excesses. The Central Indicators scanner currently detects this:

Central Indicators

Previous candle closed over Bollinger bands

Type : Neutral

Timeframe : 1 hour


MACD indicator: bearish divergence

Type : Bearish

Timeframe : 1 hour


RSI indicator: bearish divergence

Type : Bearish

Timeframe : 1 hour

Central Indicators, the scanner specialised in technical indicators, has identified these signals:

Central Indicators

Price is back over the pivot point

Type : Bullish

Timeframe : Weekly


Momentum indicator is back under 0

Type : Bearish

Timeframe : 1 hour


Williams %R indicator is back under -50

Type : Bearish

Timeframe : 1 hour



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

Central Patterns

Near horizontal resistance

Type : Bearish

Timeframe : 1 hour


Near resistance of triangle

Type : Bearish

Timeframe : 1 hour


Resistance of channel is broken

Type : Bullish

Timeframe : 1 hour



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


ProTrendLines
S3
S2
S1
R1
R2
R3
Price


S3S2S1PriceR1R2R3
ProTrendLines 0.7765 0.7841 0.7894 0.7896 0.7948 0.8002 0.8244
Change (%) -1.66% -0.70% -0.03% - +0.66% +1.34% +4.41%
Change -0.0131 -0.0055 -0.0002 - +0.0052 +0.0106 +0.0348
Level Major Intermediate Intermediate - Intermediate Intermediate Intermediate



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

Daily
Pivot points S3 S2 S1 PP R1 R2 R3
Standard0.76960.77420.78190.78650.79420.79880.8065
Camarilla0.78630.78750.78860.78970.79080.79200.7931
Woodie0.77130.77500.78360.78730.79590.79960.8082
Fibonacci0.77420.77890.78180.78650.79120.79410.7988


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard0.72120.73960.76000.77840.79880.81720.8376
Camarilla0.76970.77330.77680.78040.78400.78750.7911
Woodie0.72220.74010.76100.77890.79980.81770.8386
Fibonacci0.73960.75440.76360.77840.79320.80240.8172


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard0.75120.76230.77960.79070.80800.81910.8364
Camarilla0.78920.79180.79440.79700.79960.80220.8048
Woodie0.75440.76390.78280.79230.81120.82070.8396
Fibonacci0.76230.77310.77980.79070.80150.80820.8191

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): 53.26
MACD (12,26,9): 0.0015
Directional Movement: 8.4626
AROON (14): 57.1428
DEMA (21): 0.7907
Parabolic SAR (0,02-0,02-0,2): 0.7870
Elder Ray (13): 0.0011
Super Trend (3,10): 0.7857
Zig ZAG (10): 0.7891
VORTEX (21): 1.1712
Stochastique (14,3,5): 67.42
TEMA (21): 0.7911
Williams %R (14): -61.76
Chande Momentum Oscillator (20): -0.0006
Repulse (5,40,3): -0.3264
ROCnROLL: -1
TRIX (15,9): 0.0296
Courbe Coppock: 0.35
MA7: 0.7818
MA20: 0.7860
MA50: 0.7832
MA100: 0.7701
MAexp7: 0.7901
MAexp20: 0.7886
MAexp50: 0.7862
MAexp100: 0.7844
Price / MA7: +1.00%
Price / MA20: +0.46%
Price / MA50: +0.82%
Price / MA100: +2.53%
Price / MAexp7: -0.06%
Price / MAexp20: +0.13%
Price / MAexp50: +0.43%
Price / MAexp100: +0.66%

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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