Londinia Opportunities Analyses - 01/22/2025 (GMT) CHF/HUF - 1H

- HUF (-)

- Real time data - Forex

Type:	Forex
Ticker:	CHFHUF
ISIN:

Londinia

Oops, I was wrong about that analysis. My threshold for invalidation has been broken.

FX/Indices
Timeframe : 1H
- Analysis generated on
Status : INVALID

Summary of the analysis

Trends

Short term: Strongly bearish

Underlying: Strongly bearish

Technical indicators

83%

11%

My opinion

Bearish under 434.95 HUF

My targets

433.87 HUF (-0.59)

432.07 HUF (-2.39)

My analysis

CHF/HUF is part of a very strong bearish trend. Traders may consider trading only short positions (for sale) as long as the price remains well below 434.95 HUF. The next support located at 433.87 HUF is the next bearish objective to target. A bearish break of this support would revive the bearish momentum. The bearish movement could then continue towards the next support located at 432.07 HUF. Below this support, sellers could then target 427.15 HUF. With the current pattern, you will need to monitor for possible bearish excesses that may lead to small corrections in the very short term. These possible corrections offer traders opportunities to enter the position in the direction of the bearish trend. Trying to profit from the purchase of these possible corrections may seem risky.

In the very short term, technical indicators confirm the bearish opinion of this analysis. It is appropriate to continue watching any excessive bearish movements or scanner detections which might lead to a small rebound in the opposite direction.

Force

8.6

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Additional analysis

Quotes

CHF/HUF rating 434.46 HUF. On the day, this instrument lost -0.40% and was traded between 434.25 HUF and 437.43 HUF over the period. The price is currently at +0.05% from its lowest and -0.68% from its highest.

434.25

437.43

434.46

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

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

Near a new HIGH record (5 years)

Type : Bullish

Timeframe : Weekly

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

A technical analysis in 1H of this CHF/HUF chart shows a sharp bearish trend. The signals given by moving averages are 92.86% bearish. This strong bearish trend is confirmed by the strong signals currently being given by short-term moving averages. The Central Indicators market scanner currently does not detect any result that concerns moving averages.

In fact, 15 technical indicators on 18 studied are currently positioned bearish. Caution: the Central Indicators scanner currently detects an excess:

CCI indicator is oversold : under -100

Type : Neutral

Timeframe : 1 hour

Williams %R indicator is oversold : under -80

Type : Neutral

Timeframe : 1 hour

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

Pivot points : price is under support 1

Type : Neutral

Timeframe : Weekly

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

Central Candlesticks, the scanner specialised in Japanese candlesticks, detects these signals that could have an impact on the current short-term trend:

Bullish engulfing lines

Type : Bullish

Timeframe : 1 hour

Doji

Type : Neutral

Timeframe : 1 hour

ProTrendLines

Price

	S3	S2	S1	Price	R1	R2	R3
ProTrendLines	417.22	427.15	433.87	434.46	434.95	435.91	437.00
Change (%)	-3.97%	-1.68%	-0.14%	-	+0.11%	+0.33%	+0.58%
Change	-17.24	-7.31	-0.59	-	+0.49	+1.45	+2.54
Level	Major	Intermediate	Minor	-	Intermediate	Minor	Intermediate

Attention could also be paid to pivot points to set price objectives:

Daily

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	432.18	433.52	434.86	436.20	437.54	438.88	440.22
Camarilla	435.45	435.70	435.94	436.19	436.44	436.68	436.93
Woodie	432.17	433.52	434.85	436.20	437.53	438.88	440.21
Fibonacci	433.52	434.55	435.18	436.20	437.23	437.86	438.88

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	428.23	432.07	435.93	439.77	443.63	447.47	451.33
Camarilla	437.67	438.38	439.08	439.79	440.50	441.20	441.91
Woodie	428.24	432.08	435.94	439.78	443.64	447.48	451.34
Fibonacci	432.07	435.01	436.83	439.77	442.71	444.53	447.47

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	418.15	425.93	432.03	439.81	445.91	453.69	459.79
Camarilla	434.30	435.58	436.85	438.12	439.39	440.67	441.94
Woodie	417.30	425.51	431.18	439.39	445.06	453.27	458.94
Fibonacci	425.93	431.24	434.51	439.81	445.12	448.39	453.69

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):	36.06
MACD (12,26,9):	-0.4100
Directional Movement:	-14.90
AROON (14):	-35.71
DEMA (21):	435.09
Parabolic SAR (0,02-0,02-0,2):	436.81
Elder Ray (13):	-0.88
Super Trend (3,10):	436.65
Zig ZAG (10):	434.38
VORTEX (21):	0.9300
Stochastique (14,3,5):	5.03
TEMA (21):	434.91
Williams %R (14):	-94.97
Chande Momentum Oscillator (20):	-1.58
Repulse (5,40,3):	-0.1800
ROCnROLL:	2
TRIX (15,9):	-0.0100
Courbe Coppock:	0.40

MA7:	437.36
MA20:	439.16
MA50:	440.14
MA100:	432.94
MAexp7:	434.95
MAexp20:	435.55
MAexp50:	436.20
MAexp100:	437.05
Price / MA7:	-0.66%
Price / MA20:	-1.07%
Price / MA50:	-1.29%
Price / MA100:	+0.35%
Price / MAexp7:	-0.11%
Price / MAexp20:	-0.25%
Price / MAexp50:	-0.40%
Price / MAexp100:	-0.59%

Quotes : - Real time data - Forex