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 09/23/2024 (GMT)

Londinia

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Timeframe : 1H
- Analysis generated on
Status : INVALID

Summary of the analysis

Trends

Short term: Strongly bearish

Underlying: Neutral

Technical indicators

33%

44%

22%

My opinion

Bearish under 0.8473 CAD

My targets

0.8448 CAD (-0.0011)

0.8391 CAD (-0.0068)

My analysis

The strong short-term decrease of NZD/CAD should quickly allow the basic trend to become bearish. As long as the price remains below the resistance located at 0.8473 CAD, a sale could be considered. The first bearish objective is located at 0.8448 CAD. The bearish momentum would be boosted by a support break. Sellers could then target the support located at 0.8391 CAD. If there is any crossing, the next objective would be support 0.8355 CAD. Caution, if there is a return to above 0.8473 CAD, it should not be forgotten that the basic trend is not yet clear. Caution would then be required.

Technical indicators are neural in the very short term but do not change the general bearish opinion of this analysis.

Force

1.4

Comment on the 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/CAD rating 0.8459 CAD. The price is lower by -0.04% since the last closing and was between 0.8423 CAD and 0.8479 CAD. This implies that the price is at +0.43% from its lowest and at -0.24% from its highest.

0.8423

0.8479

0.8459

A bearish opening was detected by the Central Gaps scanner. Sellers are trying to impose a bearish trend in the very short term.

Bearish opening

Type : Bearish

Timeframe : Openning

Here is a more detailed summary of the historical variations registered by NZD/CAD:

The Central Records scanner, which identifies the highest / lowest, has detected several elements:

Near a new HIGH record (1 year)

Type : Bullish

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

A technical analysis in 1H of this NZD/CAD chart shows a neutral trend. The strong bearish signals currently being given by short-term moving averages could allow the overall trend to return to a bearish trend. An assessment of moving averages reveals several bearish signals that could impact this trend:

Bearish trend reversal : Moving Average 20

Type : Bearish

Timeframe : 1 hour

Bearish trend reversal : adaptative moving average 20

Type : Bearish

Timeframe : 1 hour

Bearish trend reversal : adaptative moving average 50

Type : Bearish

Timeframe : 1 hour

An assessment of technical indicators does not currently provide any relevant information to suggest whether the signal given by the technical indicators is more bullish or bearish.
Other results related to technical indicators were also found by the Central Indicators scanner:

MACD crosses DOWN its Moving Average

Type : Bearish

Timeframe : 1 hour

Momentum indicator is back under 0

Type : Bearish

Timeframe : 1 hour

No signals are given by Central Patterns, a market scanner specialised in chart patterns, resistances and supports.

No result was found by the Central Candlesticks scanner on Japanese candlesticks.

ProTrendLines

Price

	S3	S2	S1	Price	R1	R2	R3
ProTrendLines	0.8355	0.8391	0.8448	0.8459	0.8473	0.8488	0.8682
Change (%)	-1.23%	-0.80%	-0.13%	-	+0.17%	+0.34%	+2.64%
Change	-0.0104	-0.0068	-0.0011	-	+0.0014	+0.0029	+0.0223
Level	Minor	Major	Intermediate	-	Minor	Major	Intermediate

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

Daily

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	0.8385	0.8409	0.8436	0.8460	0.8487	0.8511	0.8538
Camarilla	0.8448	0.8453	0.8457	0.8462	0.8467	0.8471	0.8476
Woodie	0.8386	0.8410	0.8437	0.8461	0.8488	0.8512	0.8539
Fibonacci	0.8409	0.8429	0.8441	0.8460	0.8480	0.8492	0.8511

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	0.8244	0.8299	0.8381	0.8436	0.8518	0.8573	0.8655
Camarilla	0.8424	0.8437	0.8449	0.8462	0.8475	0.8487	0.8500
Woodie	0.8257	0.8306	0.8394	0.8443	0.8531	0.8580	0.8668
Fibonacci	0.8299	0.8352	0.8384	0.8436	0.8489	0.8521	0.8573

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	0.7916	0.8036	0.8233	0.8353	0.8550	0.8670	0.8867
Camarilla	0.8342	0.8371	0.8400	0.8429	0.8458	0.8487	0.8516
Woodie	0.7954	0.8055	0.8271	0.8372	0.8588	0.8689	0.8905
Fibonacci	0.8036	0.8157	0.8232	0.8353	0.8474	0.8549	0.8670

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):	45.22
MACD (12,26,9):	0.0001
Directional Movement:	-8.2848
AROON (14):	71.4285
DEMA (21):	0.8465
Parabolic SAR (0,02-0,02-0,2):	0.8479
Elder Ray (13):	-0.0006
Super Trend (3,10):	0.8440
Zig ZAG (10):	0.8458
VORTEX (21):	0.9810
Stochastique (14,3,5):	41.94
TEMA (21):	0.8466
Williams %R (14):	-67.74
Chande Momentum Oscillator (20):	-0.0004
Repulse (5,40,3):	-0.1178
ROCnROLL:	-1
TRIX (15,9):	0.0033
Courbe Coppock:	0.16

MA7:	0.8433
MA20:	0.8403
MA50:	0.8317
MA100:	0.8338
MAexp7:	0.8464
MAexp20:	0.8464
MAexp50:	0.8460
MAexp100:	0.8448
Price / MA7:	+0.31%
Price / MA20:	+0.67%
Price / MA50:	+1.71%
Price / MA100:	+1.45%
Price / MAexp7:	-0.06%
Price / MAexp20:	-0.06%
Price / MAexp50:	-0.01%
Price / MAexp100:	+0.13%

Quotes : - Real time data - 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:

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

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