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

NZD/NOK - 1H - Technical analysis published on 01/29/2025 (GMT)

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  • Timeframe : 1H
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Summary of the analysis

Trends
Short term: Strongly bullish
Underlying: Slightly bearish
Technical indicators
56%
6%
39%
My opinion
Bullish above 6.3840 NOK
My targets
6.4008 NOK (+0.0083)
6.4140 NOK (+0.0215)
My analysis
The strong short-term increase in NZD/NOK calls into question the currently slightly bearish basic trend. A trend reversal is likely. As long as the price remains above 6.3840 NOK, you could consider taking advantage of the short-term movement. The first bullish objective is located at 6.4008 NOK. The bullish momentum would be boosted by a break in this resistance. Buyers would then use the next resistance located at 6.4140 NOK as an objective. Crossing it would then enable buyers to target 6.4275 NOK. Caution, a return under 6.3840 NOK could jeopardize the reversal.

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
2.3

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 NZD/NOK rating is 6.3925 NOK. On the day, this instrument lost -0.02% and was between 6.3743 NOK and 6.3993 NOK. This implies that the price is at +0.29% from its lowest and at -0.11% from its highest.

6.3743
6.3993
6.3925

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 Central Records scanner, which identifies the highest / lowest, has detected several elements:

Central Records

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 this 1H chart of NZD/NOK indicates that the overall trend is slightly bearish. 53.57% of the signals given by moving averages are bearish. Caution: the strong bullish signals currently being given by short-term moving averages could quickly lead to a reversal of the trend. The Central Indicators scanner detects bullish signals on moving averages that could impact this trend:

Central Indicators

Bullish trend reversal : 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



The technical indicators are bullish. There is still some doubt about the price increase.
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


MACD crosses UP its Moving Average

Type : Bullish

Timeframe : 1 hour


Price is back over the pivot point

Type : Bullish

Timeframe : 1 hour


Price is back under the pivot point

Type : Bearish

Timeframe : Weekly


Williams %R indicator is back over -50

Type : Bullish

Timeframe : 1 hour



No signals are given by Central Patterns, a market scanner specialised in chart patterns, resistances and supports.

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


ProTrendLines
S3
S2
S1
R1
R2
R3
Price


S3S2S1PriceR1R2R3
ProTrendLines 6.3685 6.3784 6.3840 6.3925 6.3933 6.4008 6.4140
Change (%) -0.38% -0.22% -0.13% - +0.01% +0.13% +0.34%
Change -0.0240 -0.0141 -0.0085 - +0.0008 +0.0083 +0.0215
Level Intermediate Major Minor - Minor Intermediate 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
Standard6.35416.36676.38026.39286.40636.41896.4324
Camarilla6.38656.38896.39136.39376.39616.39856.4009
Woodie6.35466.36696.38076.39306.40686.41916.4329
Fibonacci6.36676.37676.38286.39286.40286.40896.4189


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard6.32056.34926.36866.39736.41676.44546.4648
Camarilla6.37476.37916.38356.38796.39236.39676.4011
Woodie6.31586.34696.36396.39506.41206.44316.4601
Fibonacci6.34926.36766.37906.39736.41576.42716.4454


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard6.08096.21496.29206.42606.50316.63716.7142
Camarilla6.31106.33036.34976.36906.38846.40776.4271
Woodie6.05246.20076.26356.41186.47466.62296.6857
Fibonacci6.21496.29566.34546.42606.50676.55656.6371

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): 52.19
MACD (12,26,9): -0.0002
Directional Movement: 5.4908
AROON (14): 7.1429
DEMA (21): 6.3894
Parabolic SAR (0,02-0,02-0,2): 6.3801
Elder Ray (13): -0.0013
Super Trend (3,10): 6.4071
Zig ZAG (10): 6.3928
VORTEX (21): 0.9976
Stochastique (14,3,5): 49.52
TEMA (21): 6.3899
Williams %R (14): -39.34
Chande Momentum Oscillator (20): -0.0020
Repulse (5,40,3): 0.1604
ROCnROLL: 1
TRIX (15,9): -0.0004
Courbe Coppock: 0.06
MA7: 6.3955
MA20: 6.3867
MA50: 6.4307
MA100: 6.5061
MAexp7: 6.3903
MAexp20: 6.3895
MAexp50: 6.3905
MAexp100: 6.3915
Price / MA7: -0.05%
Price / MA20: +0.09%
Price / MA50: -0.59%
Price / MA100: -1.75%
Price / MAexp7: +0.03%
Price / MAexp20: +0.05%
Price / MAexp50: +0.03%
Price / MAexp100: +0.02%

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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