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 02/10/2025 (GMT)

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

Summary of the analysis

Trends
Short term: Strongly bullish
Underlying: Strongly bullish
Technical indicators
83%
6%
11%
My opinion
Bullish above 0.1207 SGD
My targets
0.1212 SGD (+0.0002)
0.1220 SGD (+0.0010)
My analysis
All elements being clearly bullish, it would be possible for traders to trade only long positions (at the time of purchase) on NOK/SGD as long as the price remains well above 0.1207 SGD. The buyers' bullish objective is set at 0.1212 SGD. A bullish break in this resistance would boost the bullish momentum. The buyers could then target the resistance located at 0.1220 SGD. If there is any crossing, the next objective would be the resistance located at 0.1244 SGD. However, beware of bullish excesses that could lead to a possible short-term correction; but this possible correction would not be tradeable.

Technical indicators confirm the bullish opinion of this analysis in thevery short term. However, be careful of excessive bullish movements. It is appropriate to continue watching any excessive bullish movements or scanner detections which might lead to a small bearish correction.
Force
0
10
8.6

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:
Daily Weekly

Additional analysis

Quotes

The NOK/SGD rating is 0.1210 SGD. The price has increased by +0.50% since the last closing with the lowest point at 0.1197 SGD and the highest point at 0.1211 SGD. The deviation from the price is +1.09% for the low point and -0.08% for the high point.

0.1197
0.1211
0.1210

The Central Gaps scanner detects a bearish opening marking the presence of sellers ahead of buyers at the opening but not sufficiently marked to allow the price to register a quotation gap.

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 LOW record (5 years)

Type : Bearish

Timeframe : Weekly


Near a new LOW record (1 year)

Type : Bearish

Timeframe : Weekly


New HIGH record (1st january)

Type : Bullish

Timeframe : Weekly


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 strongly bullish. 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 70

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

Central Indicators, the scanner specialised in technical indicators, has identified this signal:

Central Indicators

Pivot points : price is over resistance 2

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



The Central Candlesticks scanner currently notes the presence of this pattern in Japanese candlesticks that could mark the end of the short-term trend currently underway:

Central Candlesticks

Doji

Type : Neutral

Timeframe : 1 hour




ProTrendLines
S3
S2
S1
R1
R2
R3
Price


S3S2S1PriceR1R2R3
ProTrendLines 0.1203 0.1207 0.1209 0.1210 0.1220 0.1244 0.1263
Change (%) -0.58% -0.25% -0.08% - +0.83% +2.81% +4.38%
Change -0.0007 -0.0003 -0.0001 - +0.0010 +0.0034 +0.0053
Level Minor Intermediate Major - Major Intermediate Minor



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
Standard0.11950.11990.12010.12050.12070.12110.1213
Camarilla0.12020.12030.12040.12040.12050.12050.1206
Woodie0.11950.11990.12010.12050.12070.12110.1213
Fibonacci0.11990.12010.12020.12050.12070.12080.1211


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard0.11700.11790.11910.12000.12120.12210.1233
Camarilla0.11980.12000.12020.12040.12060.12080.1210
Woodie0.11730.11800.11940.12010.12150.12220.1236
Fibonacci0.11790.11870.11920.12000.12080.12130.1221


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard0.11680.11790.11890.12000.12100.12210.1231
Camarilla0.11930.11950.11970.11990.12010.12030.1205
Woodie0.11680.11790.11890.12000.12100.12210.1231
Fibonacci0.11790.11870.11920.12000.12080.12130.1221

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): 71.68
MACD (12,26,9): 0.0002
Directional Movement: 12.1925
AROON (14): 71.4286
DEMA (21): 0.1209
Parabolic SAR (0,02-0,02-0,2): 0.1204
Elder Ray (13): 0.0003
Super Trend (3,10): 0.1205
Zig ZAG (10): 0.1210
VORTEX (21): 1.3611
Stochastique (14,3,5): 88.89
TEMA (21): 0.1210
Williams %R (14): -11.11
Chande Momentum Oscillator (20): 0.0007
Repulse (5,40,3): -0.0391
ROCnROLL: 1
TRIX (15,9): 0.0120
Courbe Coppock: 0.90
MA7: 0.1203
MA20: 0.1201
MA50: 0.1202
MA100: 0.1207
MAexp7: 0.1209
MAexp20: 0.1207
MAexp50: 0.1205
MAexp100: 0.1204
Price / MA7: +0.58%
Price / MA20: +0.75%
Price / MA50: +0.67%
Price / MA100: +0.25%
Price / MAexp7: +0.08%
Price / MAexp20: +0.25%
Price / MAexp50: +0.41%
Price / MAexp100: +0.50%

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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