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 01/14/2025 (GMT)

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Timeframe : 1H
- Analysis generated on
Status : INVALID

Summary of the analysis

Trends

Short term: Strongly bullish

Underlying: Slightly bullish

Technical indicators

83%

11%

My opinion

Bullish above 0.8041 CAD

My targets

0.8103 CAD (+0.0044)

0.8137 CAD (+0.0078)

My analysis

The short-term increase currently reinforces the basic trend, which is only slightly bullish. It would be possible for traders to only trade long positions (at the time of purchase) on NZD/CAD as long as the price remains well above 0.8041 CAD. The buyers' bullish objective is set at 0.8103 CAD. A bullish break in this resistance would boost the bullish momentum. The buyers could then target the resistance located at 0.8137 CAD. If there is any crossing, the next objective would be the resistance located at 0.8303 CAD.

In the very short term, the general bullish sentiment is confirmed by technical indicators. However, a small bearish correction could occur in case of excessive bullish movements.

Force

4.6

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

Additional analysis

Quotes

The NZD/CAD rating is 0.8059 CAD. On the day, this instrument gained +0.15% and was between 0.8043 CAD and 0.8066 CAD. This implies that the price is at +0.20% from its lowest and at -0.09% from its highest.

0.8043

0.8066

0.8059

A study of price movements over other periods shows the following variations:

The study of the highest / lowest by the Central Records scanner shows the following results:

Near a new LOW record (5 years)

Type : Bearish

Timeframe : Weekly

Near a new LOW record (1 year)

Type : Bearish

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 slightly bullish trend. Only 53.57% of the signals given by moving averages are bullish. This slightly bullish trend is reinforced by the strong signals currently being given by short-term moving averages. The Central Indicators market scanner is currently detecting a bullish signal that could impact this trend:

Moving Average bullish crossovers : AMA20 & AMA50

Type : Bullish

Timeframe : 1 hour

Technical indicators are strongly bullish, suggesting that the price increase should continue.
The Central Indicators scanner found this result concerning these indicators:

Price is back over the pivot point

Type : Bullish

Timeframe : Weekly

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

Near horizontal resistance

Type : Bearish

Timeframe : 1 hour

Resistance of channel is broken

Type : Bullish

Timeframe : 1 hour

The Central Candlesticks scanner which studies Japanese candlesticks did not detect anything.

ProTrendLines

Price

	S3	S2	S1	Price	R1	R2	R3
ProTrendLines	0.8012	0.8024	0.8041	0.8059	0.8067	0.8103	0.8137
Change (%)	-0.58%	-0.43%	-0.22%	-	+0.10%	+0.55%	+0.97%
Change	-0.0047	-0.0035	-0.0018	-	+0.0008	+0.0044	+0.0078
Level	Minor	Intermediate	Major	-	Major	Minor	Major

To determine price objectives, it is also possible to use the pivot points. Here is the price position in relation to pivot points:

Daily

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	0.7946	0.7970	0.8009	0.8033	0.8072	0.8096	0.8135
Camarilla	0.8030	0.8036	0.8041	0.8047	0.8053	0.8059	0.8064
Woodie	0.7953	0.7974	0.8016	0.8037	0.8079	0.8100	0.8142
Fibonacci	0.7970	0.7994	0.8009	0.8033	0.8057	0.8072	0.8096

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	0.7813	0.7904	0.7959	0.8050	0.8105	0.8196	0.8251
Camarilla	0.7973	0.7986	0.8000	0.8013	0.8026	0.8040	0.8053
Woodie	0.7794	0.7895	0.7940	0.8041	0.8086	0.8187	0.8232
Fibonacci	0.7904	0.7960	0.7995	0.8050	0.8106	0.8141	0.8196

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	0.7677	0.7859	0.7950	0.8132	0.8223	0.8405	0.8496
Camarilla	0.7966	0.7991	0.8016	0.8041	0.8066	0.8091	0.8116
Woodie	0.7632	0.7836	0.7905	0.8109	0.8178	0.8382	0.8451
Fibonacci	0.7859	0.7963	0.8028	0.8132	0.8236	0.8301	0.8405

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):	66.54
MACD (12,26,9):	0.0008
Directional Movement:	17.0397
AROON (14):	78.5714
DEMA (21):	0.8035
Parabolic SAR (0,02-0,02-0,2):	0.8015
Elder Ray (13):	0.0024
Super Trend (3,10):	0.8010
Zig ZAG (10):	0.8055
VORTEX (21):	1.1275
Stochastique (14,3,5):	89.72
TEMA (21):	0.8047
Williams %R (14):	-18.31
Chande Momentum Oscillator (20):	0.0049
Repulse (5,40,3):	0.1160
ROCnROLL:	1
TRIX (15,9):	0.0016
Courbe Coppock:	0.85

MA7:	0.8058
MA20:	0.8099
MA50:	0.8190
MA100:	0.8291
MAexp7:	0.8044
MAexp20:	0.8028
MAexp50:	0.8029
MAexp100:	0.8042
Price / MA7:	+0.01%
Price / MA20:	-0.49%
Price / MA50:	-1.60%
Price / MA100:	-2.80%
Price / MAexp7:	+0.19%
Price / MAexp20:	+0.39%
Price / MAexp50:	+0.37%
Price / MAexp100:	+0.21%

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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