NOK/HUF

- HUF (-)

- Real time data - Forex

Open:	-
Change:	-
Volume:	-

Low:	-
High:	-
High / Low range:	-

Type:	Forex
Ticker:	NOKHUF
ISIN:

NOK/HUF - Daily - Technical analysis published on 11/09/2022 (GMT)

Londinia

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Timeframe : Daily
- Analysis generated on
Status : TARGET REACHED

Summary of the analysis

Trends

Short term: Strongly bearish

Underlying: Bearish

Technical indicators

17%

50%

33%

My opinion

Bearish under 40.090 HUF

My targets

38.814 HUF (-0.182)

37.770 HUF (-1.226)

My analysis

NOK/HUF 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 40.090 HUF. The next support located at 38.814 HUF 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 37.770 HUF. Below this support, sellers could then target 37.041 HUF.

In the very short term, the general bearish sentiment is confirmed by technical indicators. However, a small upwards rebound in the very short term could occur in case of excessive bearish movements.

Force

5.7

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/HUF rating is 38.996 HUF. The price is lower by -0.01% since the last closing and was traded between 38.963 HUF and 39.052 HUF over the period. The price is currently at +0.08% from its lowest and -0.14% from its highest.

38.963

39.052

38.996

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

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 result:

Near a new LOW record (1 month)

Type : Bearish

Timeframe : Weekly

Technical

Technical analysis of NOK/HUF in Daily shows an overall bearish trend. The signals given by moving averages are 78.57% bearish. This bearish trend is reinforced by the strong signals currently being given by short-term moving averages. The Central Indicators scanner does not detect any result on moving averages that would impact this trend.

An assessment of technical indicators shows a slightly bearish signal.
Caution: the Central Indicators scanner currently detects an excess:

CCI indicator is oversold : under -100

Type : Neutral

Timeframe : Daily

Williams %R indicator is oversold : under -80

Type : Neutral

Timeframe : Daily

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

Pivot points : price is under support 1

Type : Neutral

Timeframe : Weekly

The Central Patterns scanner, which studies chart patterns, resistances and supports, has identified this signal:

Near horizontal support

Type : Bullish

Timeframe : Daily

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 : Daily

ProTrendLines

Price

	S3	S2	S1	Price	R1	R2	R3
ProTrendLines	37.041	37.770	38.814	38.996	40.090	40.877	41.689
Change (%)	-5.01%	-3.14%	-0.47%	-	+2.81%	+4.82%	+6.91%
Change	-1.955	-1.226	-0.182	-	+1.094	+1.881	+2.693
Level	Intermediate	Intermediate	Major	-	Major	Minor	Major

Pivot points can also be used to set your price objectives. Here is the price situation in relation to pivot points:

Daily

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	38.418	38.645	38.821	39.048	39.224	39.451	39.627
Camarilla	38.887	38.924	38.961	38.998	39.035	39.072	39.109
Woodie	38.394	38.632	38.797	39.035	39.200	39.438	39.603
Fibonacci	38.645	38.799	38.894	39.048	39.202	39.297	39.451

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	37.989	38.557	39.016	39.584	40.043	40.611	41.070
Camarilla	39.193	39.287	39.381	39.475	39.569	39.663	39.757
Woodie	37.935	38.530	38.962	39.557	39.989	40.584	41.016
Fibonacci	38.557	38.949	39.192	39.584	39.976	40.219	40.611

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	35.838	37.434	38.647	40.243	41.456	43.052	44.265
Camarilla	39.087	39.344	39.602	39.859	40.117	40.374	40.632
Woodie	35.646	37.338	38.455	40.147	41.264	42.956	44.073
Fibonacci	37.434	38.507	39.170	40.243	41.316	41.979	43.052

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):	38.23
MACD (12,26,9):	-0.2650
Directional Movement:	-10.148
AROON (14):	-50.000
DEMA (21):	39.340
Parabolic SAR (0,02-0,02-0,2):	40.071
Elder Ray (13):	-0.487
Super Trend (3,10):	40.750
Zig ZAG (10):	38.994
VORTEX (21):	0.8630
Stochastique (14,3,5):	12.26
TEMA (21):	39.156
Williams %R (14):	-90.96
Chande Momentum Oscillator (20):	-0.920
Repulse (5,40,3):	-1.1860
ROCnROLL:	2
TRIX (15,9):	-0.0600
Courbe Coppock:	3.17

MA7:	39.343
MA20:	39.719
MA50:	39.910
MA100:	39.974
MAexp7:	39.287
MAexp20:	39.644
MAexp50:	39.877
MAexp100:	39.693
Price / MA7:	-0.88%
Price / MA20:	-1.82%
Price / MA50:	-2.29%
Price / MA100:	-2.45%
Price / MAexp7:	-0.75%
Price / MAexp20:	-1.64%
Price / MAexp50:	-2.22%
Price / MAexp100:	-1.77%

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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