NOK/HUF

- HUF (-)

- Real time data - Forex

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Change:	-
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Type:	Forex
Ticker:	NOKHUF
ISIN:

NOK/HUF - 1H - Technical analysis published on 01/31/2025 (GMT)

Londinia

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

Summary of the analysis

Trends

Short term: Bullish

Underlying: Slightly bullish

Technical indicators

72%

22%

My opinion

Bullish above 34.594 HUF

My targets

34.853 HUF (+0.154)

34.967 HUF (+0.268)

My analysis

The basic trend is currently slightly bullish on NOK/HUF and the short term does not seem to show any sign of improvement. Buyers are struggling to get their hands on this instrument. However, as long as the price remains above 34.594 HUF, purchases could be favourable. The first bullish objective would be the resistance located at 34.853 HUF. Then the price could move towards 34.967 HUF. Then 35.102 HUF by extension. A return under the support to 34.594 HUF could jeopardize this fragile bullish trend. Indecision would then be total and in this case you could keep away.

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

4.3

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 price is 34.699 HUF. The price registered an increase of +0.37% on the session with the lowest point at 34.549 HUF and the highest point at 34.723 HUF. The deviation from the price is +0.43% for the low point and -0.07% for the high point.

34.549

34.723

34.699

Here is a more detailed summary of the historical variations registered by NOK/HUF:

The study of the highest / lowest by the Central Records scanner shows the following results:

Near a new HIGH record (1 year)

Type : Bullish

Timeframe : Weekly

Near a new HIGH record (1st january)

Type : Bullish

Timeframe : Weekly

Near a new HIGH record (1 month)

Type : Bullish

Timeframe : Weekly

Technical

Technical analysis of NOK/HUF in 1H shows an overall slightly bullish trend. 57.14% of the signals given by moving averages are bullish. The slightly bullish signals given by short-term moving averages do not show a strengthening of this global trend. The Central Indicators scanner detects bullish signals on moving averages that could impact this trend:

Bullish trend reversal : Moving Average 50

Type : Bullish

Timeframe : 1 hour

Bullish trend reversal : adaptative moving average 20

Type : Bullish

Timeframe : 1 hour

Bullish trend reversal : adaptative moving average 50

Type : Bullish

Timeframe : 1 hour

In fact, 13 technical indicators on 18 studied are currently positioned bullish. No additional result has been identified by Central Indicators, the scanner specialised in technical indicators.

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

Near horizontal support

Type : Bullish

Timeframe : 1 hour

Support of channel is broken

Type : Bearish

Timeframe : 1 hour

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

ProTrendLines

Price

	S3	S2	S1	Price	R1	R2	R3
ProTrendLines	34.475	34.543	34.594	34.699	34.727	34.853	34.967
Change (%)	-0.65%	-0.45%	-0.30%	-	+0.08%	+0.44%	+0.77%
Change	-0.224	-0.156	-0.105	-	+0.028	+0.154	+0.268
Level	Minor	Intermediate	Major	-	Intermediate	Minor	Minor

To determine price objectives, it is also possible to use the pivot points. Here is the price position in relation to pivot points:

Daily

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	34.204	34.339	34.456	34.591	34.708	34.843	34.960
Camarilla	34.503	34.526	34.549	34.572	34.595	34.618	34.641
Woodie	34.194	34.335	34.446	34.587	34.698	34.839	34.950
Fibonacci	34.339	34.436	34.495	34.591	34.688	34.747	34.843

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	33.909	34.282	34.507	34.880	35.105	35.478	35.703
Camarilla	34.569	34.623	34.678	34.733	34.788	34.843	34.898
Woodie	33.836	34.245	34.434	34.843	35.032	35.441	35.630
Fibonacci	34.282	34.510	34.651	34.880	35.108	35.249	35.478

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	33.158	33.849	34.383	35.074	35.608	36.299	36.833
Camarilla	34.580	34.692	34.805	34.917	35.029	35.142	35.254
Woodie	33.080	33.810	34.305	35.035	35.530	36.260	36.755
Fibonacci	33.849	34.317	34.606	35.074	35.542	35.831	36.299

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):	61.38
MACD (12,26,9):	-0.0050
Directional Movement:	6.853
AROON (14):	78.571
DEMA (21):	34.603
Parabolic SAR (0,02-0,02-0,2):	34.489
Elder Ray (13):	0.070
Super Trend (3,10):	34.736
Zig ZAG (10):	34.695
VORTEX (21):	0.9870
Stochastique (14,3,5):	77.14
TEMA (21):	34.608
Williams %R (14):	-9.68
Chande Momentum Oscillator (20):	0.178
Repulse (5,40,3):	0.2900
ROCnROLL:	1
TRIX (15,9):	-0.0070
Courbe Coppock:	0.00

MA7:	34.698
MA20:	35.022
MA50:	35.097
MA100:	34.604
MAexp7:	34.622
MAexp20:	34.614
MAexp50:	34.633
MAexp100:	34.677
Price / MA7:	+0.00%
Price / MA20:	-0.92%
Price / MA50:	-1.13%
Price / MA100:	+0.27%
Price / MAexp7:	+0.23%
Price / MAexp20:	+0.25%
Price / MAexp50:	+0.20%
Price / MAexp100:	+0.07%

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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