NZD/HUF - 1H - Technical analysis published on 04/09/2023 (GMT)
- 136
- 0
I am delighted to see that my first price objective has been achieved. I hope you've taken advantage of it.
Click here for a new analysis!
Click here for a new analysis!
- Timeframe : 1H
- - Analysis generated on
- Status : TARGET REACHED
Analysis too old. There are no more charts available.
Summary of the analysis
Trends
Short term:
Neutral
Underlying:
Bearish
Technical indicators
28%
33%
39%
My opinion
Bearish under 217.08 HUF
My targets
214.24 HUF (-1.61)
212.45 HUF (-3.40)
My analysis
We are currently in a phase of short-term indecision. In a case like this, you could favour trades in the direction of the basic trend on NZD/HUF. As long as you are under the resistance located at 217.08 HUF, traders with an aggressive trading strategy could consider a sale. A cross of the support located at 214.24 HUF would be a signal of a reversal in the basic trend and the short-term trend could then quickly become bearish. Sellers would then use the next support located at 212.45 HUF as an objective. Crossing it would then enable sellers to target 204.83 HUF. If the resistance 217.08 HUF were to be broken, this would simply be a sign of possible further short-term consolidation and trading against this trend would then perhaps be more risky.
Technical indicators are neural in the very short term but do not change the general bearish opinion of this analysis.
Force
0
10
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:
Additional analysis
Quotes
The NZD/HUF rating is 215.85 HUF. The price has increased by +0.56% since the last closing and was traded between 215.85 HUF and 216.01 HUF over the period. The price is currently at 0% from its lowest and -0.07% from its highest.215.85
216.01
215.85
The Central Gaps scanner detects a bullish opening marking the presence of buyers ahead of sellers at the opening but not sufficiently marked to allow the price to register a quotation gap.
Bullish opening
Type : Bullish
Timeframe : Openning
So that you have an overall view of the price change, here is a table showing the variations over several periods:
New LOW record (1 year)
Type : Bearish
Timeframe : Weekly
New LOW record (1st january)
Type : Bearish
Timeframe : Weekly
New LOW record (1 month)
Type : Bearish
Timeframe : Weekly
Technical
Technical analysis of NZD/HUF in 1H shows an overall bearish trend. The signals given by moving averages are 75.00% bearish. This bearish trend could slow down given the neutral signals currently being given by short-term moving averages. The Central Indicators scanner does not detect any result on moving averages that would impact this trend.
An assessment of technical indicators does not currently provide any relevant information on the direction of future price movements.
Central Indicators, the detector scanner for these technical indicators has recently detected several signals:
Pivot points : price is under support 1
Type : Neutral
Timeframe : Weekly
Parabolic SAR indicator bullish reversal
Type : Bullish
Timeframe : 1 hour
Central Patterns, the market scanner focusing on chart patterns, resistances and supports found this result:
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 | 191.23 | 204.83 | 214.24 | 215.85 | 216.02 | 217.08 | 217.96 |
| Change (%) | -11.41% | -5.11% | -0.75% | - | +0.08% | +0.57% | +0.98% |
| Change | -24.62 | -11.02 | -1.61 | - | +0.17 | +1.23 | +2.11 |
| Level | Minor | Major | Major | - | 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 | 211.70 | 212.84 | 213.74 | 214.88 | 215.78 | 216.92 | 217.82 |
| Camarilla | 214.08 | 214.27 | 214.45 | 214.64 | 214.83 | 215.01 | 215.20 |
| Woodie | 211.58 | 212.78 | 213.62 | 214.82 | 215.66 | 216.86 | 217.70 |
| Fibonacci | 212.84 | 213.62 | 214.10 | 214.88 | 215.66 | 216.14 | 216.92 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 206.54 | 210.26 | 212.45 | 216.17 | 218.36 | 222.08 | 224.27 |
| Camarilla | 213.02 | 213.56 | 214.10 | 214.64 | 215.18 | 215.72 | 216.27 |
| Woodie | 205.78 | 209.88 | 211.69 | 215.79 | 217.60 | 221.70 | 223.51 |
| Fibonacci | 210.26 | 212.52 | 213.91 | 216.17 | 218.43 | 219.82 | 222.08 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 193.24 | 205.16 | 212.30 | 224.22 | 231.36 | 243.28 | 250.42 |
| Camarilla | 214.20 | 215.95 | 217.69 | 219.44 | 221.19 | 222.93 | 224.68 |
| Woodie | 190.85 | 203.97 | 209.91 | 223.03 | 228.97 | 242.09 | 248.03 |
| Fibonacci | 205.16 | 212.44 | 216.94 | 224.22 | 231.50 | 236.00 | 243.28 |
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): | 43.16 | |
| MACD (12,26,9): | -0.3600 | |
| Directional Movement: | -2.47 | |
| AROON (14): | -42.86 | |
| DEMA (21): | 214.36 | |
| Parabolic SAR (0,02-0,02-0,2): | 213.98 | |
| Elder Ray (13): | 0.19 | |
| Super Trend (3,10): | 215.73 | |
| Zig ZAG (10): | 214.64 | |
| VORTEX (21): | 0.9800 | |
| Stochastique (14,3,5): | 29.25 | |
| TEMA (21): | 214.42 | |
| Williams %R (14): | -67.65 | |
| Chande Momentum Oscillator (20): | -1.18 | |
| Repulse (5,40,3): | -0.0900 | |
| ROCnROLL: | 2 | |
| TRIX (15,9): | -0.0300 | |
| Courbe Coppock: | 0.80 |
| MA7: | 217.40 | |
| MA20: | 222.50 | |
| MA50: | 223.82 | |
| MA100: | 232.08 | |
| MAexp7: | 214.57 | |
| MAexp20: | 214.87 | |
| MAexp50: | 215.64 | |
| MAexp100: | 216.58 | |
| Price / MA7: | -0.71% | |
| Price / MA20: | -2.99% | |
| Price / MA50: | -3.56% | |
| Price / MA100: | -6.99% | |
| Price / MAexp7: | +0.60% | |
| Price / MAexp20: | +0.46% | |
| Price / MAexp50: | +0.10% | |
| Price / MAexp100: | -0.34% |
Quotes :
-
Real time data
-
Forex
This member declared not having a position on this financial instrument or a related financial instrument.
About author
Online
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…
Add a comment
Comments
0 comments on the analysis NZD/HUF - 1H