NZD/CHF - 1H - Technical analysis published on 01/11/2024 (GMT)
- 227
- 0
Oops, I was wrong about that analysis. My threshold for invalidation has been broken.
Click here for a new analysis!
Click here for a new analysis!
- Timeframe : 1H
- - Analysis generated on
- Status : INVALID
Analysis too old. There are no more charts available.
Summary of the analysis
Trends
Short term:
Bullish
Underlying:
Bullish
Technical indicators
67%
11%
22%
My opinion
Bullish above 0.5306 CHF
My targets
0.5322 CHF (+0.0008)
0.5342 CHF (+0.0028)
My analysis
A bullish trend on NZD/CHF both in substance and in the short term. A purchase could be considered as long as the price remains above 0.5306 CHF. Each resistance break is a strong signal that the current trend will continue. The first bullish objective would be 0.5322 CHF. Then the price could move towards 0.5342 CHF. Then 0.5352 CHF by extension. Be careful, a return below 0.5306 CHF would be a sign of the trend weakening and a possible correction phase could then occur. In this case, you could keep away while waiting for a signal that the basic trend will resume. Trading against the trend could be riskier.
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
0
10
5.4
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/CHF rating 0.5314 CHF. On the day, this instrument gained +0.30% with the lowest point at 0.5294 CHF and the highest point at 0.5315 CHF. The deviation from the price is +0.38% for the low point and -0.02% for the high point.0.5294
0.5315
0.5314
So that you have an overall view of the price change, here is a table showing the variations over several periods:
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/CHF in 1H shows an overall bullish trend. 71.43% of the signals given by moving averages are bullish. This bullish trend shows slight signs of slowing down given the slightly bullish signals given by the short-term moving averages. The Central Indicators scanner detects a bullish signal on moving averages that could impact this trend:
Bullish price crossover with adaptative moving average 50
Type : Bullish
Timeframe : 1 hour
An assessment of technical indicators shows a moderate bullish signal.
Caution: the Central Indicators scanner currently detects an excess:
Williams %R indicator is overbought : over -20
Type : Neutral
Timeframe : 1 hour
Aroon indicator bullish trend
Type : Bullish
Timeframe : 1 hour
Ichimoku : price is over the cloud
Type : Bullish
Timeframe : 1 hour
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:
Near resistance of channel
Type : Bearish
Timeframe : 1 hour
No result was found by the Central Candlesticks scanner on Japanese candlesticks.
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 0.5288 | 0.5299 | 0.5306 | 0.5314 | 0.5322 | 0.5342 | 0.5352 |
| Change (%) | -0.49% | -0.28% | -0.15% | - | +0.15% | +0.53% | +0.72% |
| Change | -0.0026 | -0.0015 | -0.0008 | - | +0.0008 | +0.0028 | +0.0038 |
| Level | Intermediate | Minor | Major | - | Intermediate | Minor | Minor |
Attention could also be paid to pivot points to set price objectives:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.5242 | 0.5267 | 0.5282 | 0.5307 | 0.5322 | 0.5347 | 0.5362 |
| Camarilla | 0.5287 | 0.5291 | 0.5294 | 0.5298 | 0.5302 | 0.5305 | 0.5309 |
| Woodie | 0.5238 | 0.5265 | 0.5278 | 0.5305 | 0.5318 | 0.5345 | 0.5358 |
| Fibonacci | 0.5267 | 0.5282 | 0.5291 | 0.5307 | 0.5322 | 0.5331 | 0.5347 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.5220 | 0.5254 | 0.5283 | 0.5317 | 0.5346 | 0.5380 | 0.5409 |
| Camarilla | 0.5294 | 0.5300 | 0.5305 | 0.5311 | 0.5317 | 0.5323 | 0.5328 |
| Woodie | 0.5217 | 0.5253 | 0.5280 | 0.5316 | 0.5343 | 0.5379 | 0.5406 |
| Fibonacci | 0.5254 | 0.5278 | 0.5293 | 0.5317 | 0.5341 | 0.5356 | 0.5380 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.5094 | 0.5187 | 0.5252 | 0.5345 | 0.5410 | 0.5503 | 0.5568 |
| Camarilla | 0.5275 | 0.5289 | 0.5304 | 0.5318 | 0.5333 | 0.5347 | 0.5362 |
| Woodie | 0.5081 | 0.5180 | 0.5239 | 0.5338 | 0.5397 | 0.5496 | 0.5555 |
| Fibonacci | 0.5187 | 0.5247 | 0.5284 | 0.5345 | 0.5405 | 0.5442 | 0.5503 |
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): | 62.01 | |
| MACD (12,26,9): | -0.0001 | |
| Directional Movement: | 7.0818 | |
| AROON (14): | 57.1429 | |
| DEMA (21): | 0.5304 | |
| Parabolic SAR (0,02-0,02-0,2): | 0.5294 | |
| Elder Ray (13): | 0.0006 | |
| Super Trend (3,10): | 0.5319 | |
| Zig ZAG (10): | 0.5314 | |
| VORTEX (21): | 0.9701 | |
| Stochastique (14,3,5): | 91.94 | |
| TEMA (21): | 0.5303 | |
| Williams %R (14): | -8.33 | |
| Chande Momentum Oscillator (20): | 0.0014 | |
| Repulse (5,40,3): | 0.1849 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | -0.0078 | |
| Courbe Coppock: | 0.13 |
| MA7: | 0.5307 | |
| MA20: | 0.5350 | |
| MA50: | 0.5352 | |
| MA100: | 0.5334 | |
| MAexp7: | 0.5306 | |
| MAexp20: | 0.5306 | |
| MAexp50: | 0.5307 | |
| MAexp100: | 0.5308 | |
| Price / MA7: | +0.13% | |
| Price / MA20: | -0.67% | |
| Price / MA50: | -0.71% | |
| Price / MA100: | -0.37% | |
| Price / MAexp7: | +0.15% | |
| Price / MAexp20: | +0.15% | |
| Price / MAexp50: | +0.13% | |
| Price / MAexp100: | +0.11% |
Quotes :
-
Real time data
-
Forex
News
The last news published on NZD/CHF at the time of the generation of this analysis was as follows:
NZDCHF at key level 77.00This member declared not having a position on this financial instrument or a related financial instrument.
About author
Online
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…
Add a comment
Comments
0 comments on the analysis NZD/CHF - 1H