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

NOK/HUF - 1H - Technical analysis published on 01/02/2025 (GMT)

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Londinia
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  • Timeframe : 1H
  • - Analysis generated on
  • Status : LEVEL MAINTAINED

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Summary of the analysis

Trends
Short term: Strongly bullish
Underlying: Strongly bullish
Technical indicators
94%
0%
6%
My opinion
Bullish above 35.102 HUF
My targets
35.570 HUF (+0.335)
35.728 HUF (+0.493)
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 35.102 HUF. The next resistance located at 35.570 HUF 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 35.728 HUF. After this resistance, buyers could then target 36.567 HUF. 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
9.1

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/HUF price is 35.235 HUF. The price registered an increase of +1.03% on the session and was traded between 34.833 HUF and 35.239 HUF over the period. The price is currently at +1.15% from its lowest and -0.01% from its highest.

34.833
35.239
35.235

The Central Gaps scanner detects a bearish opening. A small advantage for sellers in the very short term.

Central Gaps

Bearish opening

Type : Bearish

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 results:

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 HIGH record (1 month)

Type : Bullish

Timeframe : Weekly



Technical


Technical analysis of NOK/HUF in 1H shows a strongly overall bullish trend. 92.86% 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. The Central Indicators scanner does not detect any result on moving averages that would impact this trend.

Technical indicators are strongly bullish, suggesting that the price increase should continue.
But beware of excesses. The Central Indicators scanner currently detects this:

Central Indicators

RSI indicator is overbought : over 80

Type : Neutral

Timeframe : 1 hour


CCI indicator is overbought : over 100

Type : Neutral

Timeframe : 1 hour


Williams %R indicator is overbought : over -20

Type : Neutral

Timeframe : 1 hour

Other results related to technical indicators were also found by the Central Indicators scanner:

Central Indicators

Pivot points : price is over resistance 1

Type : Neutral

Timeframe : Weekly


Pivot points : price is over resistance 3

Type : Neutral

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


Resistance of channel is broken

Type : Bullish

Timeframe : 1 hour



Central Candlesticks, the scanner specialised in Japanese candlesticks, detects a bullish signal that could support the hypothesis of a small rebound in the very short term:

Central Candlesticks

Long white line

Type : Bullish

Timeframe : 1 hour




ProTrendLines
S3
S2
S1
R1
R2
R3
Price


S3S2S1PriceR1R2R3
ProTrendLines 34.852 35.005 35.102 35.235 35.270 35.728 36.567
Change (%) -1.09% -0.65% -0.38% - +0.10% +1.40% +3.78%
Change -0.383 -0.230 -0.133 - +0.035 +0.493 +1.332
Level Major Intermediate Major - Minor Minor 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
Standard34.61634.72834.80134.91334.98635.09835.171
Camarilla34.82434.84134.85834.87534.89234.90934.926
Woodie34.59834.71834.78334.90334.96835.08835.153
Fibonacci34.72834.79834.84234.91334.98335.02735.098


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard33.67934.11034.40934.84035.13935.57035.869
Camarilla34.50834.57534.64234.70934.77634.84334.910
Woodie33.61434.07734.34434.80735.07435.53735.804
Fibonacci34.11034.38934.56134.84035.11935.29135.570


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard33.15833.84934.38335.07435.60836.29936.833
Camarilla34.58034.69234.80534.91735.02935.14235.254
Woodie33.08033.81034.30535.03535.53036.26036.755
Fibonacci33.84934.31734.60635.07435.54235.83136.299

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): 81.22
MACD (12,26,9): 0.0500
Directional Movement: 31.775
AROON (14): 85.714
DEMA (21): 35.036
Parabolic SAR (0,02-0,02-0,2): 34.868
Elder Ray (13): 0.142
Super Trend (3,10): 34.937
Zig ZAG (10): 35.222
VORTEX (21): 1.0860
Stochastique (14,3,5): 94.06
TEMA (21): 35.075
Williams %R (14): -1.48
Chande Momentum Oscillator (20): 0.354
Repulse (5,40,3): 0.7560
ROCnROLL: 1
TRIX (15,9): 0.0070
Courbe Coppock: 0.75
MA7: 34.863
MA20: 34.962
MA50: 34.867
MA100: 34.285
MAexp7: 35.068
MAexp20: 34.984
MAexp50: 34.931
MAexp100: 34.887
Price / MA7: +1.07%
Price / MA20: +0.78%
Price / MA50: +1.06%
Price / MA100: +2.77%
Price / MAexp7: +0.48%
Price / MAexp20: +0.72%
Price / MAexp50: +0.87%
Price / MAexp100: +1.00%

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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