Londinia Opportunities Analyses - 01/02/2025 (GMT) NOK/PLN - 1H
I am delighted to see that my first price objective has been achieved. I hope you've taken advantage of it.
- FX/Indices
- Timeframe : 1H
- - Analysis generated on
- Status : TARGET REACHED
Summary of the analysis
Trends
Short term:
Strongly bullish
Underlying:
Strongly bullish
Technical indicators
56%
17%
28%
My opinion
Bullish above 0.3626 PLN
My targets
0.3640 PLN (+0.0008)
0.3652 PLN (+0.0020)
My analysis
The bullish trend is currently very strong on NOK/PLN. As long as the price remains above the support at 0.3626 PLN, you could try to benefit from the boom. The first bullish objective is located at 0.3640 PLN. The bullish momentum would be boosted by a break in this resistance. Buyers would then use the next resistance located at 0.3652 PLN as an objective. Crossing it would then enable buyers to target 0.3725 PLN. Be careful, given the powerful bullish rally underway, excesses could lead to a possible correction in the short term. If this is the case, remember that trading against the trend may be riskier. It would seem more appropriate to wait for a signal indicating reversal of the trend.
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
7.3
Analysis too old. There are no more charts available.
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Additional analysis
Quotes
The NOK/PLN rating is 0.3632 PLN. The price registered an increase of +0.14% on the session and was traded between 0.3625 PLN and 0.3633 PLN over the period. The price is currently at +0.19% from its lowest and -0.03% from its highest.0.3625
0.3633
0.3632
A study of price movements over other periods shows the following variations:
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 HIGH record (1st january)
Type : Bullish
Timeframe : Weekly
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/PLN indicates that the overall trend is strongly bullish. 92.86% of the signals given by moving averages are bullish. The overall trend is supported by the strong bullish signals from short-term moving averages. The Central Indicators scanner does not detect any result on moving averages that would impact this trend.
The probability of a further increase are moderate given the direction of the technical indicators.
Central Indicators, the detector scanner for these technical indicators recently detected a signal:
Pivot points : price is over resistance 1
Type : Neutral
Timeframe : Weekly
Central Patterns, the scanner specializing in chart patterns, did not identify any signals.
There is also a Japanese candlestick pattern detected by Central Candlesticks that could mark the end of the current short-term trend:
Doji
Type : Neutral
Timeframe : 1 hour
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 0.3604 | 0.3614 | 0.3626 | 0.3632 | 0.3640 | 0.3652 | 0.3725 |
| Change (%) | -0.77% | -0.50% | -0.17% | - | +0.22% | +0.55% | +2.56% |
| Change | -0.0028 | -0.0018 | -0.0006 | - | +0.0008 | +0.0020 | +0.0093 |
| Level | Minor | Minor | Intermediate | - | Intermediate | Major | Minor |
Attention could also be paid to pivot points to set price objectives:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.3608 | 0.3617 | 0.3622 | 0.3631 | 0.3636 | 0.3645 | 0.3650 |
| Camarilla | 0.3623 | 0.3624 | 0.3626 | 0.3627 | 0.3628 | 0.3630 | 0.3631 |
| Woodie | 0.3606 | 0.3616 | 0.3620 | 0.3630 | 0.3634 | 0.3644 | 0.3648 |
| Fibonacci | 0.3617 | 0.3622 | 0.3626 | 0.3631 | 0.3636 | 0.3640 | 0.3645 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.3549 | 0.3568 | 0.3588 | 0.3607 | 0.3627 | 0.3646 | 0.3666 |
| Camarilla | 0.3596 | 0.3600 | 0.3603 | 0.3607 | 0.3611 | 0.3614 | 0.3618 |
| Woodie | 0.3549 | 0.3568 | 0.3588 | 0.3607 | 0.3627 | 0.3646 | 0.3666 |
| Fibonacci | 0.3568 | 0.3583 | 0.3592 | 0.3607 | 0.3622 | 0.3631 | 0.3646 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.3445 | 0.3512 | 0.3571 | 0.3638 | 0.3697 | 0.3764 | 0.3823 |
| Camarilla | 0.3594 | 0.3606 | 0.3618 | 0.3629 | 0.3641 | 0.3652 | 0.3664 |
| Woodie | 0.3440 | 0.3510 | 0.3566 | 0.3636 | 0.3692 | 0.3762 | 0.3818 |
| Fibonacci | 0.3512 | 0.3561 | 0.3590 | 0.3638 | 0.3687 | 0.3716 | 0.3764 |
Numerical data
The following are the details of the technical indicators and moving averages that were collected to generate this technical analysis:
Technical indicators
Moving averages
| RSI (14): | 55.47 | |
| MACD (12,26,9): | 0.0001 | |
| Directional Movement: | 9.9120 | |
| AROON (14): | -50.0000 | |
| DEMA (21): | 0.3632 | |
| Parabolic SAR (0,02-0,02-0,2): | 0.3637 | |
| Elder Ray (13): | 0.0002 | |
| Super Trend (3,10): | 0.3638 | |
| Zig ZAG (10): | 0.3632 | |
| VORTEX (21): | 0.9839 | |
| Stochastique (14,3,5): | 46.67 | |
| TEMA (21): | 0.3631 | |
| Williams %R (14): | -53.33 | |
| Chande Momentum Oscillator (20): | 0.0003 | |
| Repulse (5,40,3): | 0.0408 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | 0.0027 | |
| Courbe Coppock: | 0.05 |
| MA7: | 0.3618 | |
| MA20: | 0.3624 | |
| MA50: | 0.3660 | |
| MA100: | 0.3652 | |
| MAexp7: | 0.3631 | |
| MAexp20: | 0.3631 | |
| MAexp50: | 0.3628 | |
| MAexp100: | 0.3622 | |
| Price / MA7: | +0.39% | |
| Price / MA20: | +0.22% | |
| Price / MA50: | -0.77% | |
| Price / MA100: | -0.55% | |
| Price / MAexp7: | +0.03% | |
| Price / MAexp20: | +0.03% | |
| Price / MAexp50: | +0.11% | |
| Price / MAexp100: | +0.28% |
Quotes :
-
Real time data
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Forex