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 10/31/2024 (GMT)

Londinia

Oops, I was wrong about that analysis. My threshold for invalidation has been broken.
Click here for a new analysis!

Timeframe : 1H
- Analysis generated on
Status : INVALID

Summary of the analysis

Trends

Short term: Strongly bearish

Underlying: Bearish

Technical indicators

39%

22%

My opinion

Bearish under 0.8319 CAD

My targets

0.8260 CAD (-0.0038)

0.8234 CAD (-0.0064)

My analysis

All elements being clearly bearish, it would be possible for traders to trade only short positions (for sale) on NZD/CAD as long as the price remains well below 0.8319 CAD. The sellers' bearish objective is set at 0.8260 CAD. A bearish break of this support would revive the bearish momentum. The sellers could then target the support located at 0.8234 CAD. In case of crossing, the next objective would be the support located at 0.8137 CAD.

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

Force

4.8

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 shadybhai. Take part yourself by sharing additional analysis on another time unit:

Additional analysis

Quotes

The NZD/CAD rating is 0.8298 CAD. On the day, this instrument lost -0.07% with the lowest point at 0.8264 CAD and the highest point at 0.8325 CAD. The deviation from the price is +0.41% for the low point and -0.32% for the high point.

0.8264

0.8325

0.8298

So that you have an overall view of the price change, here is a table showing the variations over several periods:

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 HIGH record (1st january)

Type : Bullish

Timeframe : Weekly

Near a new HIGH record (1 month)

Type : Bullish

Timeframe : Weekly

Technical

Technical analysis of NZD/CAD in 1H shows an overall bearish trend. The signals given by moving averages are 78.57% bearish. This bearish trend is reinforced by the strong signals currently being given by short-term moving averages. The Central Indicators market scanner currently does not detect any result that concerns moving averages.

On the 18 technical indicators analysed, 7 are bullish, 4 are neutral and 7 are bearish. The Central Indicators scanner specialised in technical indicators, has not detected anything further.

Central Patterns, the market scanner focusing on chart patterns, resistances and supports found these results:

Near horizontal support

Type : Bullish

Timeframe : 1 hour

Support of channel is broken

Type : Bearish

Timeframe : 1 hour

There is also a Japanese candlestick pattern detected by Central Candlesticks that could mark the end of the current short-term trend:

Doji

Type : Neutral

Timeframe : 1 hour

ProTrendLines

Price

	S3	S2	S1	Price	R1	R2	R3
ProTrendLines	0.8234	0.8260	0.8293	0.8298	0.8319	0.8346	0.8391
Change (%)	-0.77%	-0.46%	-0.06%	-	+0.25%	+0.58%	+1.12%
Change	-0.0064	-0.0038	-0.0005	-	+0.0021	+0.0048	+0.0093
Level	Minor	Minor	Intermediate	-	Major	Intermediate	Major

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	0.8216	0.8251	0.8277	0.8312	0.8338	0.8373	0.8399
Camarilla	0.8287	0.8293	0.8298	0.8304	0.8310	0.8315	0.8321
Woodie	0.8213	0.8249	0.8274	0.8310	0.8335	0.8371	0.8396
Fibonacci	0.8251	0.8274	0.8288	0.8312	0.8335	0.8349	0.8373

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	0.8159	0.8226	0.8264	0.8331	0.8369	0.8436	0.8474
Camarilla	0.8273	0.8283	0.8292	0.8302	0.8312	0.8321	0.8331
Woodie	0.8145	0.8219	0.8250	0.8324	0.8355	0.8429	0.8460
Fibonacci	0.8226	0.8266	0.8291	0.8331	0.8371	0.8396	0.8436

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	0.8086	0.8198	0.8390	0.8502	0.8694	0.8806	0.8998
Camarilla	0.8498	0.8526	0.8554	0.8582	0.8610	0.8638	0.8666
Woodie	0.8126	0.8218	0.8430	0.8522	0.8734	0.8826	0.9038
Fibonacci	0.8198	0.8314	0.8386	0.8502	0.8618	0.8690	0.8806

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):	46.16
MACD (12,26,9):	-0.0005
Directional Movement:	-5.0947
AROON (14):	-57.1429
DEMA (21):	0.8298
Parabolic SAR (0,02-0,02-0,2):	0.8318
Elder Ray (13):	-0.0002
Super Trend (3,10):	0.8319
Zig ZAG (10):	0.8298
VORTEX (21):	0.9934
Stochastique (14,3,5):	53.55
TEMA (21):	0.8292
Williams %R (14):	-44.26
Chande Momentum Oscillator (20):	-0.0022
Repulse (5,40,3):	0.0620
ROCnROLL:	2
TRIX (15,9):	-0.0058
Courbe Coppock:	0.39

MA7:	0.8308
MA20:	0.8342
MA50:	0.8394
MA100:	0.8345
MAexp7:	0.8296
MAexp20:	0.8303
MAexp50:	0.8307
MAexp100:	0.8310
Price / MA7:	-0.12%
Price / MA20:	-0.53%
Price / MA50:	-1.14%
Price / MA100:	-0.56%
Price / MAexp7:	+0.02%
Price / MAexp20:	-0.06%
Price / MAexp50:	-0.11%
Price / MAexp100:	-0.14%

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.

About author

Londinia AI

Online

Overall rating :

15279

Number of analyses :

85907

Followers :

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…