NZD/CHF - 1H - Technical analysis published on 05/06/2024 (GMT)
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- Timeframe : 1H
- - Analysis generated on
- Status : TARGET REACHED
Analysis too old. There are no more charts available.
Summary of the analysis
Trends
Short term:
Bullish
Underlying:
Strongly bullish
Technical indicators
28%
22%
50%
My opinion
Bullish above 0.5428 CHF
My targets
0.5447 CHF (+0.0008)
0.5455 CHF (+0.0016)
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/CHF as long as the price remains well above 0.5428 CHF. The buyers' bullish objective is set at 0.5447 CHF. A bullish break in this resistance would boost the bullish momentum. The buyers could then target the resistance located at 0.5455 CHF. If there is any crossing, the next objective would be the resistance located at 0.5461 CHF. Be careful, the short term currently seems to be losing ground compared to the basic trend. Longer time units should be analysed to identify possible overbought items that could be a sign of a possible short-term correction.
Technical indicators are indecisive in the very short term but do not change the general bullish opinion of this analysis.
Force
0
10
4.5
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This analysis was given by Londinia. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
NZD/CHF rating 0.5439 CHF. The price registered a decrease of -0.04% on the session with the lowest point at 0.5431 CHF and the highest point at 0.5448 CHF. The deviation from the price is +0.15% for the low point and -0.17% for the high point.0.5431
0.5448
0.5439
The Central Gaps scanner detects a bullish opening marking the presence of buyers ahead of sellers at the opening but not sufficiently marked to allow the price to register a quotation gap.
Bullish opening
Type : Bullish
Timeframe : Openning
Here is a more detailed summary of the historical variations registered by NZD/CHF:
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 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/CHF chart shows a strongly bullish trend. 82.14% of the signals given by moving averages are bullish. The slightly bullish signals given by the short-term moving averages indicate this trend is showing signs of running out of steam. The Central Indicators market scanner is currently detecting a bullish signal that could impact this trend:
Bullish trend reversal : adaptative moving average 20
Type : Bullish
Timeframe : 1 hour
An assessment of technical indicators does not currently provide any relevant information on the direction of future price movements.
The Central Indicators scanner found this result concerning these indicators:
Williams %R indicator is back over -50
Type : Bullish
Timeframe : 1 hour
Central Patterns, the scanner specializing in chart patterns, did not identify any signals.
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 | 0.5419 | 0.5428 | 0.5434 | 0.5439 | 0.5447 | 0.5455 | 0.5461 |
| Change (%) | -0.37% | -0.20% | -0.09% | - | +0.15% | +0.29% | +0.40% |
| Change | -0.0020 | -0.0011 | -0.0005 | - | +0.0008 | +0.0016 | +0.0022 |
| Level | Minor | Minor | Intermediate | - | Minor | Major | Major |
Attention could also be paid to pivot points to set price objectives:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.5369 | 0.5392 | 0.5416 | 0.5439 | 0.5463 | 0.5486 | 0.5510 |
| Camarilla | 0.5428 | 0.5432 | 0.5437 | 0.5441 | 0.5445 | 0.5450 | 0.5454 |
| Woodie | 0.5371 | 0.5392 | 0.5418 | 0.5439 | 0.5465 | 0.5486 | 0.5512 |
| Fibonacci | 0.5392 | 0.5410 | 0.5421 | 0.5439 | 0.5457 | 0.5468 | 0.5486 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.5343 | 0.5370 | 0.5406 | 0.5433 | 0.5469 | 0.5496 | 0.5532 |
| Camarilla | 0.5424 | 0.5430 | 0.5435 | 0.5441 | 0.5447 | 0.5453 | 0.5458 |
| Woodie | 0.5347 | 0.5372 | 0.5410 | 0.5435 | 0.5473 | 0.5498 | 0.5536 |
| Fibonacci | 0.5370 | 0.5394 | 0.5409 | 0.5433 | 0.5457 | 0.5472 | 0.5496 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.5076 | 0.5179 | 0.5291 | 0.5394 | 0.5506 | 0.5609 | 0.5721 |
| Camarilla | 0.5345 | 0.5365 | 0.5384 | 0.5404 | 0.5424 | 0.5443 | 0.5463 |
| Woodie | 0.5082 | 0.5181 | 0.5297 | 0.5396 | 0.5512 | 0.5611 | 0.5727 |
| Fibonacci | 0.5179 | 0.5261 | 0.5312 | 0.5394 | 0.5476 | 0.5527 | 0.5609 |
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): | 52.50 | |
| MACD (12,26,9): | 0.0002 | |
| Directional Movement: | -0.1447 | |
| AROON (14): | -71.4286 | |
| DEMA (21): | 0.5442 | |
| Parabolic SAR (0,02-0,02-0,2): | 0.5450 | |
| Elder Ray (13): | 0.0001 | |
| Super Trend (3,10): | 0.5421 | |
| Zig ZAG (10): | 0.5441 | |
| VORTEX (21): | 1.0766 | |
| Stochastique (14,3,5): | 43.14 | |
| TEMA (21): | 0.5440 | |
| Williams %R (14): | -47.06 | |
| Chande Momentum Oscillator (20): | -0.0002 | |
| Repulse (5,40,3): | 0.1174 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | 0.0083 | |
| Courbe Coppock: | 0.16 |
| MA7: | 0.5430 | |
| MA20: | 0.5419 | |
| MA50: | 0.5410 | |
| MA100: | 0.5375 | |
| MAexp7: | 0.5439 | |
| MAexp20: | 0.5438 | |
| MAexp50: | 0.5434 | |
| MAexp100: | 0.5430 | |
| Price / MA7: | +0.17% | |
| Price / MA20: | +0.37% | |
| Price / MA50: | +0.54% | |
| Price / MA100: | +1.19% | |
| Price / MAexp7: | -0% | |
| Price / MAexp20: | +0.02% | |
| Price / MAexp50: | +0.09% | |
| Price / MAexp100: | +0.17% |
Quotes :
-
Real time data
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Forex
News
Don't forget to follow the news on NZD/CHF. At the time of publication of this analysis, the latest news 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
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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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