NZD/CAD - 15 min. - Technical analysis published on 03/04/2024 (GMT)
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- Timeframe : 15 min.
- - Analysis generated on
- Status : NEUTRAL
Analysis too old. There are no more charts available.
Summary of the analysis
Trends
Short term:
Bullish
Underlying:
Slightly bearish
Technical indicators
56%
22%
22%
My opinion
Neutral between 0.8261 CAD and 0.8300 CAD
My targets
-
My analysis
The basic trend is slightly bearish and the short term is tentatively bullish. With such a pattern, it is difficult to favour buying or selling. The first resistance is located at 0.8300 CAD. The first support is located at 0.8261 CAD. Without a basic trend, it is be important to monitor the price reaction at the first levels of resistance or support. A bullish break in resistance could quickly reverse the basic trend. A bearish break in the support would be welcome to boost the slightly bearish basic trend. On the other hand, if the price is blocked by resistance or support, it could be attractive to trade against the trend on the last short-term movement registered by NZD/CAD.
In the very short term, technical indicators are neutral and are not able to influence the opinion of this analysis.
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 dtaccori. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
The NZD/CAD price is 0.8277 CAD. On the day, this instrument lost -0.09% with the lowest point at 0.8264 CAD and the highest point at 0.8295 CAD. The deviation from the price is +0.16% for the low point and -0.22% for the high point.0.8264
0.8295
0.8277
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.
Bearish opening
Type : Bearish
Timeframe : Openning
So that you have an overall view of the price change, here is a table showing the variations over several periods:
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 LOW record (1 month)
Type : Bearish
Timeframe : Weekly
Technical
Technical analysis of this 15 min. chart of NZD/CAD indicates that the overall trend is slightly bearish. Only 50.00% of the signals given by moving averages are bearish. This slightly bearish trend could turn neutral or reverse given the slightly bullish signals currently being given by short-term moving averages. An assessment of moving averages reveals several bullish signals that could impact this trend:
Bullish price crossover with adaptative moving average 20
Type : Bullish
Timeframe : 15 minutes
Bullish price crossover with adaptative moving average 50
Type : Bullish
Timeframe : 15 minutes
Bullish price crossover with adaptative moving average 100
Type : Bullish
Timeframe : 15 minutes
In fact, Central Analyzer took into account 18 technical indicators and the result was as follows: 10 are bullish, 4 are neutral and 4 are bearish. Caution: the Central Indicators scanner currently detects an excess:
CCI indicator: bullish divergence
Type : Bullish
Timeframe : 15 minutes
MACD indicator: bullish divergence
Type : Bullish
Timeframe : 15 minutes
RSI indicator is back over 50
Type : Bullish
Timeframe : 15 minutes
Central Patterns, the market scanner focusing on chart patterns, resistances and supports found this result:
Near support of triangle
Type : Bullish
Timeframe : 15 minutes
The Central Candlesticks scanner, specialised in Japanese candlesticks, did not identify any signals.
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 0.8186 | 0.8252 | 0.8277 | 0.8277 | 0.8292 | 0.8311 | 0.8328 |
| Change (%) | -1.10% | -0.30% | 0% | - | +0.18% | +0.41% | +0.62% |
| Change | -0.0091 | -0.0025 | 0 | - | +0.0015 | +0.0034 | +0.0051 |
| Level | Major | Major | Minor | - | Minor | Minor | 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 |
|---|---|---|---|---|---|---|---|
| Standard | 0.8222 | 0.8238 | 0.8261 | 0.8277 | 0.8300 | 0.8316 | 0.8339 |
| Camarilla | 0.8273 | 0.8277 | 0.8280 | 0.8284 | 0.8288 | 0.8291 | 0.8295 |
| Woodie | 0.8226 | 0.8240 | 0.8265 | 0.8279 | 0.8304 | 0.8318 | 0.8343 |
| Fibonacci | 0.8238 | 0.8253 | 0.8262 | 0.8277 | 0.8292 | 0.8301 | 0.8316 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.8112 | 0.8182 | 0.8233 | 0.8303 | 0.8354 | 0.8424 | 0.8475 |
| Camarilla | 0.8251 | 0.8262 | 0.8273 | 0.8284 | 0.8295 | 0.8306 | 0.8317 |
| Woodie | 0.8103 | 0.8177 | 0.8224 | 0.8298 | 0.8345 | 0.8419 | 0.8466 |
| Fibonacci | 0.8182 | 0.8228 | 0.8257 | 0.8303 | 0.8349 | 0.8378 | 0.8424 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.7924 | 0.8038 | 0.8148 | 0.8262 | 0.8372 | 0.8486 | 0.8596 |
| Camarilla | 0.8197 | 0.8218 | 0.8239 | 0.8259 | 0.8280 | 0.8300 | 0.8321 |
| Woodie | 0.7923 | 0.8037 | 0.8147 | 0.8261 | 0.8371 | 0.8485 | 0.8595 |
| Fibonacci | 0.8038 | 0.8123 | 0.8176 | 0.8262 | 0.8347 | 0.8400 | 0.8486 |
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): | 43.35 | |
| MACD (12,26,9): | -0.0001 | |
| Directional Movement: | -6.3822 | |
| AROON (14): | -50.0000 | |
| DEMA (21): | 0.8270 | |
| Parabolic SAR (0,02-0,02-0,2): | 0.8276 | |
| Elder Ray (13): | -0.0002 | |
| Super Trend (3,10): | 0.8265 | |
| Zig ZAG (10): | 0.8271 | |
| VORTEX (21): | 0.9709 | |
| Stochastique (14,3,5): | 28.42 | |
| TEMA (21): | 0.8270 | |
| Williams %R (14): | -38.46 | |
| Chande Momentum Oscillator (20): | 0.0002 | |
| Repulse (5,40,3): | 0.0643 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | -0.0005 | |
| Courbe Coppock: | 0.02 |
| MA7: | 0.8305 | |
| MA20: | 0.8281 | |
| MA50: | 0.8283 | |
| MA100: | 0.8247 | |
| MAexp7: | 0.8272 | |
| MAexp20: | 0.8270 | |
| MAexp50: | 0.8272 | |
| MAexp100: | 0.8272 | |
| Price / MA7: | -0.34% | |
| Price / MA20: | -0.05% | |
| Price / MA50: | -0.07% | |
| Price / MA100: | +0.36% | |
| Price / MAexp7: | +0.06% | |
| Price / MAexp20: | +0.08% | |
| Price / MAexp50: | +0.06% | |
| Price / MAexp100: | +0.06% |
Quotes :
-
Real time data
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Forex
News
Don't forget to follow the news on NZD/CAD. At the time of publication of this analysis, the latest news was as follows:
-
Trading into 2024: Rules of Alternation in Elliot Wave using NZD/CAD
-
New Zealand Dollar Soars on RBNZ: NZD/USD, NZD/JPY, NZD/CAD Analysis
-
Quick Takes Video: Volatility vs Inevitability for USD/CAD, NZD/JPY, NZD/CAD
-
NZD/CAD To Potentially Reach Parity
This member declared not having a position on this financial instrument or a related financial instrument.
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