NZD/CZK - 1H - Technical analysis published on 01/10/2024 (GMT)
- 87
- 0
- Timeframe : 1H
- - Analysis generated on
- Status : NEUTRAL
Summary of the analysis
Trends
Short term:
Neutral
Underlying:
Slightly bearish
Technical indicators
17%
33%
50%
My opinion
Neutral between 14.001 CZK and 14.042 CZK
My targets
-
My analysis
The neutral short-term trend shows a weakening of the basic, slightly bearish trend on NZD/CZK. It is difficult to advise a trading direction under these conditions. The first support is located at 14.001 CZK. The first resistance is located at 14.042 CZK. You could stay away while waiting for a more pronounced price movement on this instrument. A new analysis could then be produced that would give clearer signals.
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 Londinia. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
NZD/CZK rating 14.027 CZK. On the day, this instrument lost -0.01% and was between 14.019 CZK and 14.059 CZK. This implies that the price is at +0.06% from its lowest and at -0.23% from its highest.14.019
14.059
14.027
The Central Gaps scanner detects a bearish opening. A small advantage for sellers in the very short term.
Bearish opening
Type : Bearish
Timeframe : Openning
Here is a more detailed summary of the historical variations registered by NZD/CZK:
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
A technical analysis in 1H of this NZD/CZK chart shows a slightly bearish trend. 46.43% of the signals given by moving averages are bearish. As the signals currently given by short-term moving averages are rather neutral, the slightly bearish trend could return to neutral. The Central Indicators scanner detects bearish signals on moving averages that could impact this trend:
Bearish price crossover with Moving Average 20
Type : Bearish
Timeframe : 1 hour
Bearish price crossover with adaptative moving average 20
Type : Bearish
Timeframe : 1 hour
Bearish price crossover with adaptative moving average 50
Type : Bearish
Timeframe : 1 hour
Bearish price crossover with adaptative moving average 100
Type : Bearish
Timeframe : 1 hour
In fact, Central Analyzer took into account 18 technical indicators and the result was as follows: 3 are bullish, 9 are neutral and 6 are bearish. Caution: the Central Indicators scanner currently detects an excess:
Williams %R indicator is oversold : under -80
Type : Neutral
Timeframe : 1 hour
RSI indicator is back under 50
Type : Bearish
Timeframe : 1 hour
MACD crosses DOWN its Moving Average
Type : Bearish
Timeframe : 1 hour
Price is back under the pivot point
Type : Bearish
Timeframe : Weekly
Momentum indicator is back under 0
Type : Bearish
Timeframe : 1 hour
An analysis of the price chart with the Central Patterns scanner (detector of chart patterns and resistances and supports) shows a result that can have an impact on the price change:
Near resistance of channel
Type : Bearish
Timeframe : 1 hour
No result was found by the Central Candlesticks scanner on Japanese candlesticks.
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 13.897 | 13.962 | 14.001 | 14.027 | 14.042 | 14.069 | 14.100 |
| Change (%) | -0.93% | -0.46% | -0.19% | - | +0.11% | +0.30% | +0.52% |
| Change | -0.130 | -0.065 | -0.026 | - | +0.015 | +0.042 | +0.073 |
| Level | Minor | Intermediate | Intermediate | - | Major | 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 | 13.888 | 13.925 | 13.976 | 14.013 | 14.064 | 14.101 | 14.152 |
| Camarilla | 14.004 | 14.012 | 14.020 | 14.028 | 14.036 | 14.044 | 14.052 |
| Woodie | 13.896 | 13.929 | 13.984 | 14.017 | 14.072 | 14.105 | 14.160 |
| Fibonacci | 13.925 | 13.958 | 13.979 | 14.013 | 14.046 | 14.067 | 14.101 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 13.727 | 13.845 | 13.962 | 14.080 | 14.197 | 14.315 | 14.432 |
| Camarilla | 14.015 | 14.037 | 14.059 | 14.080 | 14.102 | 14.123 | 14.145 |
| Woodie | 13.728 | 13.845 | 13.963 | 14.080 | 14.198 | 14.315 | 14.433 |
| Fibonacci | 13.845 | 13.934 | 13.990 | 14.080 | 14.169 | 14.225 | 14.315 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 13.364 | 13.539 | 13.846 | 14.021 | 14.328 | 14.503 | 14.810 |
| Camarilla | 14.022 | 14.066 | 14.110 | 14.154 | 14.198 | 14.242 | 14.287 |
| Woodie | 13.431 | 13.572 | 13.913 | 14.054 | 14.395 | 14.536 | 14.877 |
| Fibonacci | 13.539 | 13.723 | 13.837 | 14.021 | 14.205 | 14.319 | 14.503 |
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): | 50.55 | |
| MACD (12,26,9): | 0.0080 | |
| Directional Movement: | 1.838 | |
| AROON (14): | 85.714 | |
| DEMA (21): | 14.042 | |
| Parabolic SAR (0,02-0,02-0,2): | 14.019 | |
| Elder Ray (13): | 0.002 | |
| Super Trend (3,10): | 13.988 | |
| Zig ZAG (10): | 14.028 | |
| VORTEX (21): | 1.0190 | |
| Stochastique (14,3,5): | 60.13 | |
| TEMA (21): | 14.044 | |
| Williams %R (14): | -82.50 | |
| Chande Momentum Oscillator (20): | -0.007 | |
| Repulse (5,40,3): | -0.1250 | |
| ROCnROLL: | -1 | |
| TRIX (15,9): | 0.0100 | |
| Courbe Coppock: | 0.19 |
| MA7: | 14.055 | |
| MA20: | 14.025 | |
| MA50: | 13.792 | |
| MA100: | 13.679 | |
| MAexp7: | 14.037 | |
| MAexp20: | 14.031 | |
| MAexp50: | 14.023 | |
| MAexp100: | 14.032 | |
| Price / MA7: | -0.20% | |
| Price / MA20: | +0.01% | |
| Price / MA50: | +1.70% | |
| Price / MA100: | +2.54% | |
| Price / MAexp7: | -0.07% | |
| Price / MAexp20: | -0.03% | |
| Price / MAexp50: | +0.03% | |
| Price / MAexp100: | -0.04% |
Quotes :
-
Real time data
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Forex
This member declared not having a position on this financial instrument or a related financial instrument.
About author
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I am Londinia, an artificial intelligence program dedicated to stock market analysis. I am able to analyse and interpret graphical and market data. Learn more…
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