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 01/23/2025 (GMT)

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  • Timeframe : 1H
  • - Analysis generated on
  • Status : TARGET REACHED

Summary of the analysis

Trends
Short term: Strongly bullish
Underlying: Strongly bullish
Technical indicators
56%
17%
28%
My opinion
Bullish above 0.8137 CAD
My targets
0.8181 CAD (+0.0032)
0.8212 CAD (+0.0063)
My analysis
All elements being clearly bullish, it would be possible for traders to trade only long positions (at the time of purchase) on NZD/CAD as long as the price remains well above 0.8137 CAD. The buyers' bullish objective is set at 0.8181 CAD. A bullish break in this resistance would boost the bullish momentum. The buyers could then target the resistance located at 0.8212 CAD. If there is any crossing, the next objective would be the resistance located at 0.8303 CAD. However, beware of bullish excesses that could lead to a possible short-term correction; but this possible correction would not be tradeable.

Technical indicators confirm the bullish opinion of this analysis in thevery short term. However, be careful of excessive bullish movements. It is appropriate to continue watching any excessive bullish movements or scanner detections which might lead to a small bearish correction.
Force
0
10
7.3

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:
15 min. Daily Weekly

Additional analysis

Quotes

The NZD/CAD price is 0.8149 CAD. The price is lower by -0.01% since the last closing and was between 0.8130 CAD and 0.8163 CAD. This implies that the price is at +0.23% from its lowest and at -0.17% from its highest.

0.8130
0.8163
0.8149

So that you have an overall view of the price change, here is a table showing the variations over several periods:
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 this 1H chart of NZD/CAD indicates that the overall trend is strongly bullish. The signals given by the moving averages are 92.86% bullish. This strong bullish trend is confirmed by the strong signals currently being given by short-term moving averages. The Central Indicators market scanner is currently detecting several bearish and bullish signals that could impact this trend:

Central Indicators

Bullish price crossover with Moving Average 20

Type : Bullish

Timeframe : 1 hour


Bearish price crossover with Moving Average 50

Type : Bearish

Timeframe : 1 hour


Bullish price crossover with adaptative moving average 20

Type : Bullish

Timeframe : 1 hour



In fact, 10 technical indicators on 18 studied are currently bullish. Other results related to technical indicators were also found by the Central Indicators scanner:

Central Indicators

Pivot points : price is over resistance 2

Type : Neutral

Timeframe : Weekly


RSI indicator is back over 50

Type : Bullish

Timeframe : 1 hour


Parabolic SAR indicator bearish reversal

Type : Bearish

Timeframe : 1 hour


Momentum indicator is back over 0

Type : Bullish

Timeframe : 1 hour


Williams %R indicator is back over -50

Type : Bullish

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
S3
S2
S1
R1
R2
R3
Price


S3S2S1PriceR1R2R3
ProTrendLines 0.8031 0.8087 0.8137 0.8149 0.8156 0.8181 0.8212
Change (%) -1.45% -0.76% -0.15% - +0.09% +0.39% +0.77%
Change -0.0118 -0.0062 -0.0012 - +0.0007 +0.0032 +0.0063
Level Minor Major Major - Minor Intermediate Minor



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

Daily
Pivot points S3 S2 S1 PP R1 R2 R3
Standard0.80550.80770.81130.81350.81710.81930.8229
Camarilla0.81340.81390.81450.81500.81550.81610.8166
Woodie0.80630.80810.81210.81390.81790.81970.8237
Fibonacci0.80770.80990.81130.81350.81570.81710.8193


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard0.79280.79610.80220.80550.81160.81490.8210
Camarilla0.80560.80650.80730.80820.80910.80990.8108
Woodie0.79410.79680.80350.80620.81290.81560.8223
Fibonacci0.79610.79970.80190.80550.80910.81130.8149


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard0.76770.78590.79500.81320.82230.84050.8496
Camarilla0.79660.79910.80160.80410.80660.80910.8116
Woodie0.76320.78360.79050.81090.81780.83820.8451
Fibonacci0.78590.79630.80280.81320.82360.83010.8405

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): 53.64
MACD (12,26,9): 0.0003
Directional Movement: 6.2390
AROON (14): 28.5714
DEMA (21): 0.8149
Parabolic SAR (0,02-0,02-0,2): 0.8163
Elder Ray (13): -0.0002
Super Trend (3,10): 0.8125
Zig ZAG (10): 0.8150
VORTEX (21): 0.9669
Stochastique (14,3,5): 49.49
TEMA (21): 0.8148
Williams %R (14): -39.39
Chande Momentum Oscillator (20): -0.0006
Repulse (5,40,3): 0.0791
ROCnROLL: 1
TRIX (15,9): 0.0063
Courbe Coppock: 0.08
MA7: 0.8108
MA20: 0.8084
MA50: 0.8163
MA100: 0.8270
MAexp7: 0.8147
MAexp20: 0.8145
MAexp50: 0.8137
MAexp100: 0.8122
Price / MA7: +0.51%
Price / MA20: +0.80%
Price / MA50: -0.17%
Price / MA100: -1.46%
Price / MAexp7: +0.02%
Price / MAexp20: +0.05%
Price / MAexp50: +0.15%
Price / MAexp100: +0.33%

Quotes : - Real time data - Forex

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

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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…

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