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

NOK/SGD - 1H - Technical analysis published on 12/13/2024 (GMT)

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  • Timeframe : 1H
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Summary of the analysis

Trends
Short term: Bullish
Underlying: Slightly bullish
Technical indicators
33%
39%
28%
My opinion
Bullish above 0.1204 SGD
My targets
0.1213 SGD (+0.0005)
0.1216 SGD (+0.0008)
My analysis
The basic trend is currently slightly bullish on NOK/SGD 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 0.1204 SGD, purchases could be favourable. The first bullish objective would be the resistance located at 0.1213 SGD. Then the price could move towards 0.1216 SGD. Then 0.1218 SGD by extension. A return under the support to 0.1204 SGD could jeopardize this fragile bullish trend. Indecision would then be total and in this case you could keep away.

In the very short term, the general bullish sentiment is not called into question, despite technical indicators being indecisive.
Force
0
10
1.8

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

NOK/SGD rating 0.1208 SGD. The price registered an increase of +0.25% on the session and was traded between 0.1204 SGD and 0.1209 SGD over the period. The price is currently at +0.33% from its lowest and -0.08% from its highest.

0.1204
0.1209
0.1208

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 LOW record (5 years)

Type : Bearish

Timeframe : Weekly


Near a new LOW record (1 year)

Type : Bearish

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 this 1H chart of NOK/SGD indicates that the overall trend is slightly bullish. 53.57% of the signals given by moving averages are bullish. The overall trend remains fragile, as do the slightly bullish signals given by short-term moving averages. An assessment of moving averages reveals several bullish signals that could impact this trend:

Central Indicators

Bullish trend reversal : adaptative moving average 20

Type : Bullish

Timeframe : 1 hour


Bullish price crossover with Moving Average 20

Type : Bullish

Timeframe : 1 hour


Bullish price crossover with Moving Average 50

Type : Bullish

Timeframe : 1 hour


Bullish price crossover with adaptative moving average 20

Type : Bullish

Timeframe : 1 hour



In fact, of the 18 technical indicators analysed by Central Analyzer, 6 are bullish, 5 are neutral and 7 are bearish. Central Indicators, the scanner specialised in technical indicators, has identified these signals:

Central Indicators

RSI indicator is back over 50

Type : Bullish

Timeframe : 1 hour


Parabolic SAR indicator bullish reversal

Type : Bullish

Timeframe : 1 hour


Momentum indicator is back over 0

Type : Bullish

Timeframe : 1 hour


Williams %R indicator is back over -50

Type : Bullish

Timeframe : 1 hour



Central Patterns, the scanner specializing in chart patterns, did not identify any signals.

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


ProTrendLines
S3
S2
S1
R1
R2
R3
Price


S3S2S1PriceR1R2R3
ProTrendLines 0.1200 0.1202 0.1204 0.1208 0.1209 0.1213 0.1216
Change (%) -0.66% -0.50% -0.33% - +0.08% +0.41% +0.66%
Change -0.0008 -0.0006 -0.0004 - +0.0001 +0.0005 +0.0008
Level Minor Major Minor - Major Intermediate 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
Standard0.11930.11980.12020.12070.12110.12160.1220
Camarilla0.12030.12030.12040.12050.12060.12070.1208
Woodie0.11920.11980.12010.12070.12100.12160.1219
Fibonacci0.11980.12020.12040.12070.12110.12130.1216


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard0.11780.11900.11960.12080.12140.12260.1232
Camarilla0.11980.12000.12010.12030.12050.12060.1208
Woodie0.11760.11890.11940.12070.12120.12250.1230
Fibonacci0.11900.11970.12010.12080.12150.12190.1226


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard0.11680.11800.11970.12090.12260.12380.1255
Camarilla0.12050.12080.12100.12130.12160.12180.1221
Woodie0.11700.11810.11990.12100.12280.12390.1257
Fibonacci0.11800.11910.11980.12090.12200.12270.1238

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): 43.89
MACD (12,26,9): -0.0001
Directional Movement: -5.9075
AROON (14): -42.8571
DEMA (21): 0.1205
Parabolic SAR (0,02-0,02-0,2): 0.1208
Elder Ray (13): -0.0001
Super Trend (3,10): 0.1209
Zig ZAG (10): 0.1205
VORTEX (21): 0.8810
Stochastique (14,3,5): 11.11
TEMA (21): 0.1204
Williams %R (14): -83.33
Chande Momentum Oscillator (20): -0.0002
Repulse (5,40,3): 0.0480
ROCnROLL: 2
TRIX (15,9): -0.0055
Courbe Coppock: 0.76
MA7: 0.1206
MA20: 0.1211
MA50: 0.1209
MA100: 0.1217
MAexp7: 0.1205
MAexp20: 0.1206
MAexp50: 0.1206
MAexp100: 0.1206
Price / MA7: +0.17%
Price / MA20: -0.25%
Price / MA50: -0.08%
Price / MA100: -0.74%
Price / MAexp7: +0.25%
Price / MAexp20: +0.17%
Price / MAexp50: +0.17%
Price / MAexp100: +0.17%

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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