NOK/HUF - 1H - Technical analysis published on 11/17/2022 (GMT)
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- Timeframe : 1H
- - Analysis generated on
- Status : TARGET REACHED
Analysis too old. There are no more charts available.
Summary of the analysis
Trends
Short term:
Bearish
Underlying:
Bearish
Technical indicators
33%
28%
39%
My opinion
Bearish under 39.483 HUF
My targets
39.275 HUF (-0.088)
39.135 HUF (-0.228)
My analysis
All elements being rather bearish, it would be possible for traders to trade only short positions (for sale) on NOK/HUF as long as the price remains well below 39.483 HUF. The next bearish objective for sellers is set at 39.275 HUF. A bearish break of this support would revive the bearish momentum. Sellers could then target the next support located at 39.135 HUF. If there is any crossing, the next objective would be the support located at 38.814 HUF. Be careful, the short term currently seems to be losing momentum. Its reversal would lead to mitigation of the, bearish, basic trend. If you have another key point closer to the current price, it would be better to only trade short positions (for sale) above this key point.
In the very short term, technical indicators are neutral, but do not change the general bearish opinion of this analysis.
Force
0
10
3
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Additional analysis
Quotes
The NOK/HUF price is 39.363 HUF. The price has increased by +0.00% since the last closing with the lowest point at 39.329 HUF and the highest point at 39.457 HUF. The deviation from the price is +0.09% for the low point and -0.24% for the high point.39.329
39.457
39.363
A study of price movements over other periods shows the following variations:
Near a new HIGH record (1 month)
Type : Bullish
Timeframe : Weekly
Technical
A technical analysis in 1H of this NOK/HUF chart shows a bearish trend. 67.86% of the signals given by moving averages are bearish. This bearish trend is slowing down slightly given the slightly bearish signals 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 does not currently provide any relevant information on the direction of future price movements.
Central Indicators, the scanner specialised in technical indicators, has identified this signal:
Momentum indicator is back under 0
Type : Bearish
Timeframe : 1 hour
Central Patterns, the market scanner focusing on chart patterns, resistances and supports found this result:
Near resistance of triangle
Type : Bearish
Timeframe : 1 hour
The Central Candlesticks scanner which studies Japanese candlesticks did not detect anything.
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 38.814 | 39.135 | 39.275 | 39.363 | 39.483 | 39.774 | 40.090 |
| Change (%) | -1.39% | -0.58% | -0.22% | - | +0.30% | +1.04% | +1.85% |
| Change | -0.549 | -0.228 | -0.088 | - | +0.120 | +0.411 | +0.727 |
| Level | Major | Minor | Intermediate | - | Major | Intermediate | Major |
Attention could also be paid to pivot points to set price objectives:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 38.160 | 38.647 | 39.006 | 39.493 | 39.852 | 40.339 | 40.698 |
| Camarilla | 39.131 | 39.209 | 39.287 | 39.364 | 39.442 | 39.519 | 39.597 |
| Woodie | 38.095 | 38.615 | 38.941 | 39.461 | 39.787 | 40.307 | 40.633 |
| Fibonacci | 38.647 | 38.971 | 39.170 | 39.493 | 39.817 | 40.016 | 40.339 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 37.623 | 38.069 | 38.765 | 39.211 | 39.907 | 40.353 | 41.049 |
| Camarilla | 39.146 | 39.251 | 39.355 | 39.460 | 39.565 | 39.669 | 39.774 |
| Woodie | 37.747 | 38.132 | 38.889 | 39.274 | 40.031 | 40.416 | 41.173 |
| Fibonacci | 38.069 | 38.506 | 38.775 | 39.211 | 39.648 | 39.917 | 40.353 |
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 the technical indicators and moving averages at the time of publication of this technical analysis:
Technical indicators
Moving averages
| RSI (14): | 46.63 | |
| MACD (12,26,9): | -0.0190 | |
| Directional Movement: | 8.979 | |
| AROON (14): | 42.857 | |
| DEMA (21): | 39.370 | |
| Parabolic SAR (0,02-0,02-0,2): | 39.199 | |
| Elder Ray (13): | -0.021 | |
| Super Trend (3,10): | 39.691 | |
| Zig ZAG (10): | 39.360 | |
| VORTEX (21): | 1.0760 | |
| Stochastique (14,3,5): | 26.41 | |
| TEMA (21): | 39.364 | |
| Williams %R (14): | -76.90 | |
| Chande Momentum Oscillator (20): | -0.003 | |
| Repulse (5,40,3): | -0.1020 | |
| ROCnROLL: | 2 | |
| TRIX (15,9): | -0.0090 | |
| Courbe Coppock: | 0.05 |
| MA7: | 39.332 | |
| MA20: | 39.523 | |
| MA50: | 39.815 | |
| MA100: | 40.032 | |
| MAexp7: | 39.380 | |
| MAexp20: | 39.397 | |
| MAexp50: | 39.416 | |
| MAexp100: | 39.380 | |
| Price / MA7: | +0.08% | |
| Price / MA20: | -0.40% | |
| Price / MA50: | -1.14% | |
| Price / MA100: | -1.67% | |
| Price / MAexp7: | -0.04% | |
| Price / MAexp20: | -0.09% | |
| Price / MAexp50: | -0.13% | |
| Price / MAexp100: | -0.04% |
Quotes :
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Real time data
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Forex
This member declared not having a position on this financial instrument or a related financial instrument.
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