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NZD/CAD
NZD CAD
- CAD (-)
- Real time data - Forex
Open: -
Change: -
Volume: -
Low: -
High: -
High / Low range: -
Type: Forex
Ticker: NZDCAD
ISIN:

NZD/CAD - 1H - Technical analysis published on 11/02/2023 (GMT)

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  • Timeframe : 1H
  • - Analysis generated on
  • Status : LEVEL MAINTAINED

Analysis too old. There are no more charts available.

Summary of the analysis

Trends
Short term: Neutral
Underlying: Bullish
Technical indicators
17%
33%
50%
My opinion
Bullish above 0.8086 CAD
My targets
0.8154 CAD (+0.0033)
0.8186 CAD (+0.0065)
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/CAD. As long as you are above the support located at 0.8086 CAD, traders with an aggressive trading strategy could consider a purchase. A cross of the resistance located at 0.8154 CAD would be a signal that the basic trade will reverse and the short-term trend could then quickly become bullish. Buyers would then use the next resistance located at 0.8186 CAD as an objective. Crossing it would then enable buyers to target 0.8358 CAD. If the support 0.8086 CAD were to be broken, this would simply be a sign of a possible continuation of short-term consolidation and trading against the trend would then perhaps be more risky.

Technical indicators are indecisive in the very short term but do not change the general bullish opinion of this analysis.
Force
0
10
2.7

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.

Flowryan
This analysis was given by Flowryan. Take part yourself by sharing additional analysis on another time unit:
15 min. Daily Weekly

Additional analysis

Quotes

The NZD/CAD price is 0.8121 CAD. The price is lower by -0.16% since the last closing and was traded between 0.8114 CAD and 0.8160 CAD over the period. The price is currently at +0.09% from its lowest and -0.48% from its highest.

0.8114
0.8160
0.8121

Here is a more detailed summary of the historical variations registered by NZD/CAD:
The study of the highest / lowest by the Central Records scanner shows the following results:

Central Records

Near a new LOW record (1 year)

Type : Bearish

Timeframe : Weekly


Near a new LOW record (1st january)

Type : Bearish

Timeframe : Weekly


Near a new LOW record (1 month)

Type : Bearish

Timeframe : Weekly



Technical


Technical analysis of NZD/CAD in 1H shows an overall bullish trend. 75.00% of the signals given by moving averages are bullish. Caution: the neutral signals currently given by short-term moving averages show us that the global trend is losing momentum. The Central Indicators scanner detects a bearish signal on moving averages that could impact this trend:

Central Indicators

Bearish trend reversal : adaptative moving average 20

Type : Bearish

Timeframe : 1 hour



In fact, of the 18 technical indicators analysed by Central Analyzer, 3 are bullish, 9 are neutral and 6 are bearish. Caution: the Central Indicators scanner currently detects an excess:

Central Indicators

Williams %R indicator is oversold : under -80

Type : Neutral

Timeframe : 1 hour

Central Indicators, the detector scanner for these technical indicators recently detected a signal:

Central Indicators

Pivot points : price is over resistance 1

Type : Neutral

Timeframe : Weekly



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:

Central Patterns

Near resistance of channel

Type : Bearish

Timeframe : 1 hour



The Central Candlesticks scanner currently notes the presence of this pattern in Japanese candlesticks that could mark the end of the short-term trend currently underway:

Central Candlesticks

Black hanging man / hammer

Type : Neutral

Timeframe : 1 hour




ProTrendLines
S3
S2
S1
R1
R2
R3
Price


S3S2S1R1PriceR2R3
ProTrendLines 0.7977 0.8036 0.8086 0.8120 0.8121 0.8186 0.8358
Change (%) -1.77% -1.05% -0.43% -0.01% - +0.80% +2.92%
Change -0.0144 -0.0085 -0.0035 -0.0001 - +0.0065 +0.0237
Level Major Major Intermediate Intermediate - Intermediate Minor



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

Daily
Pivot points S3 S2 S1 PP R1 R2 R3
Standard0.79740.80060.80700.81020.81660.81980.8262
Camarilla0.81080.81160.81250.81340.81430.81520.8160
Woodie0.79900.80140.80860.81100.81820.82060.8278
Fibonacci0.80060.80430.80650.81020.81390.81610.8198


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard0.78750.79220.79910.80380.81070.81540.8223
Camarilla0.80270.80380.80480.80590.80700.80800.8091
Woodie0.78850.79280.80010.80440.81170.81600.8233
Fibonacci0.79220.79670.79940.80380.80830.81100.8154


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard0.76920.78290.79440.80810.81960.83330.8448
Camarilla0.79900.80130.80360.80590.80820.81050.8128
Woodie0.76810.78240.79330.80760.81850.83280.8437
Fibonacci0.78290.79250.79850.80810.81770.82370.8333

Numerical data


The following is the status of the technical indicators and moving averages at the time of publication of this technical analysis:

Technical indicators
Moving averages

RSI (14): 48.52
MACD (12,26,9): 0.0011
Directional Movement: -1.1310
AROON (14): -14.2857
DEMA (21): 0.8147
Parabolic SAR (0,02-0,02-0,2): 0.8160
Elder Ray (13): -0.0017
Super Trend (3,10): 0.8116
Zig ZAG (10): 0.8122
VORTEX (21): 1.0879
Stochastique (14,3,5): 39.40
TEMA (21): 0.8147
Williams %R (14): -82.61
Chande Momentum Oscillator (20): -0.0023
Repulse (5,40,3): -0.2818
ROCnROLL: -1
TRIX (15,9): 0.0281
Courbe Coppock: 0.32
MA7: 0.8071
MA20: 0.8077
MA50: 0.8058
MA100: 0.8107
MAexp7: 0.8136
MAexp20: 0.8130
MAexp50: 0.8109
MAexp100: 0.8087
Price / MA7: +0.62%
Price / MA20: +0.54%
Price / MA50: +0.78%
Price / MA100: +0.17%
Price / MAexp7: -0.18%
Price / MAexp20: -0.11%
Price / MAexp50: +0.15%
Price / MAexp100: +0.42%

Quotes : - Real time data - Forex

News


The latest news and videos published on NZD/CAD at the time of the analysis were as follows:

This member declared not having a position on this financial instrument or a related financial instrument.

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