NOK/HUF
NOK HUF
17.27 HUF (+2.98%)
04/03/2025 - 15:35 Closed Real time data - Forex
Open: 16.76
Change: +0.50
Volume: 315,169
Low: 16.60
High: 17.59
High / Low range: 0.99
Type: Forex
Ticker: NOKHUF
ISIN:

NOK/HUF - 1H - Technical analysis published on 12/28/2022 (GMT)

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  • 12/28/2022 - 09:03
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  • Timeframe : 1H
  • - Analysis generated on 12/28/2022 - 09:03
  • Status : INVALID

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Summary of the analysis

Trends
Short term: Strongly bullish
Underlying: Bullish
Technical indicators
83%
0%
17%
My opinion
Bullish above 38.245 HUF
My targets
38.603 HUF (+0.226)
38.814 HUF (+0.437)
My analysis
NOK/HUF 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 38.245 HUF. The next resistance located at 38.603 HUF is the next bullish target 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 38.814 HUF. After this resistance, buyers could then target 38.918 HUF.

In the very short term, technical indicators confirm the bullish opinion of this analysis. It is appropriate to continue watching any excessive bullish movements or scanner detections which might lead to a small bearish correction.
Force
0
10
7.3

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:
15 min. Daily Weekly

Additional analysis

Quotes

The NOK/HUF rating is 38.377 HUF. The price has increased by +0.00% since the last closing and was between 38.302 HUF and 38.581 HUF. This implies that the price is at +0.20% from its lowest and at -0.53% from its highest.

38.302
38.581
38.377

A study of price movements over other periods shows the following variations:
Created with Raphaël 2.3.0-7.507.515January 1st3 years1 year6 months1 month5 daysToday

Technical


Technical analysis of this 1H chart of NOK/HUF indicates that the overall trend is bullish. 78.57% of the signals given by moving averages are bullish. This bullish trend is supported by the strong bullish signals given by short-term moving averages. The Central Indicators market scanner currently does not detect any result that concerns moving averages.

An assessment of technical indicators shows a strong bullish signal.
The Central Indicators scanner found no further results concerning independent technical indicators.

The Central Patterns scanner, which studies chart patterns, resistances and supports, has identified these signals:

Central Patterns

Near horizontal support

Type : Bullish

Timeframe : 1 hour


Near support of channel

Type : Bullish

Timeframe : 1 hour



The Central Candlesticks scanner, specialised in Japanese candlesticks, did not identify any signals.


ProTrendLines
S3
S2
S1
R1
R2
R3
Price


S3S2S1PriceR1R2R3
ProTrendLines 37.606 37.764 38.245 38.377 38.603 38.814 38.918
Change (%) -2.01% -1.60% -0.34% - +0.59% +1.14% +1.41%
Change -0.771 -0.613 -0.132 - +0.226 +0.437 +0.541
Level Minor Intermediate Major - Minor Major Intermediate



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
Standard37.73837.95638.16738.38538.59638.81439.025
Camarilla38.26038.29938.33938.37838.41738.45738.496
Woodie37.73537.95438.16438.38338.59338.81239.022
Fibonacci37.95638.12038.22138.38538.54938.65038.814


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard36.24136.92337.55338.23538.86539.54740.177
Camarilla37.82137.94238.06238.18238.30238.42338.543
Woodie36.21436.91037.52638.22238.83839.53440.150
Fibonacci36.92337.42537.73438.23538.73739.04639.547


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard37.18837.83038.89239.53440.59641.23842.300
Camarilla39.48539.64239.79839.95440.11040.26640.423
Woodie37.39837.93539.10239.63940.80641.34342.510
Fibonacci37.83038.48138.88339.53440.18540.58741.238

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
Created with Raphaël 2.3.0Buy15
Moving averages
Created with Raphaël 2.3.0Buy22

RSI (14): 78.74
MACD (12,26,9): 0.0680
Directional Movement: 24.091
AROON (14): 50.000
DEMA (21): 38.362
Parabolic SAR (0,02-0,02-0,2): 38.197
Elder Ray (13): 0.160
Super Trend (3,10): 38.229
Zig ZAG (10): 38.536
VORTEX (21): 1.1580
Stochastique (14,3,5): 95.01
TEMA (21): 38.421
Williams %R (14): -6.98
Chande Momentum Oscillator (20): 0.318
Repulse (5,40,3): 0.6590
ROCnROLL: 1
TRIX (15,9): 0.0080
Courbe Coppock: 0.79
MA7: 38.357
MA20: 39.070
MA50: 39.306
MA100: 39.876
MAexp7: 38.399
MAexp20: 38.323
MAexp50: 38.286
MAexp100: 38.337
Price / MA7: +0.05%
Price / MA20: -1.77%
Price / MA50: -2.36%
Price / MA100: -3.76%
Price / MAexp7: -0.07%
Price / MAexp20: +0.13%
Price / MAexp50: +0.23%
Price / MAexp100: +0.10%

Quotes : 12/28/2022 - 09:03 - Real time data - Forex

This member declared not having a position on this financial instrument or a related financial instrument.

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