NZD/CHF
NZD CHF
- CHF (-)
- Real time data - Forex
Open: -
Change: -
Volume: -
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High: -
High / Low range: -
Type: Forex
Ticker: NZDCHF
ISIN:

NZD/CHF - 1H - Technical analysis published on 07/18/2024 (GMT)

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  • Timeframe : 1H
  • - Analysis generated on
  • Status : LEVEL MAINTAINED

Summary of the analysis

Trends
Short term: Bearish
Underlying: Strongly bearish
Technical indicators
33%
39%
28%
My opinion
Bearish under 0.5393 CHF
My targets
0.5328 CHF (-0.0036)
0.5256 CHF (-0.0108)
My analysis
The bearish basic trend is very strong on NZD/CHF but the short term shows some signs of running out of steam. However, a sale could be considered as long as the price remains below 0.5393 CHF. Crossing the first support at 0.5328 CHF would be a sign of a further potential price plummet. Sellers would then use the next support located at 0.5256 CHF as an objective. Crossing it would then enable sellers to target 0.5194 CHF. Caution, a return to above the resistance located at 0.5393 CHF would be a sign of a possible consolidation phase of the short-term basic trend. If this is the case, remember that trading against the trend may be riskier. It would seem more appropriate to wait for a signal indicating reversal of the trend.

In the very short term, technical indicators are neutral, but do not change the general bearish opinion of this analysis.
Force
0
10
5.5

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/CHF rating is 0.5364 CHF. The price has increased by +0.00% since the last closing with the lowest point at 0.5359 CHF and the highest point at 0.5378 CHF. The deviation from the price is +0.09% for the low point and -0.26% for the high point.

0.5359
0.5378
0.5364

A study of price movements over other periods shows the following variations:
The Central Records scanner for higher/lower results shows the following items:

Central Records

Near a new LOW record (5 years)

Type : Bearish

Timeframe : Weekly


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


New LOW record (1 month)

Type : Bearish

Timeframe : Weekly



Technical


Technical analysis of this 1H chart of NZD/CHF indicates that the overall trend is strongly bearish. The signals given by moving averages are 89.29% bearish. This strongly bearish trend seems to be slowing down given the slightly bearish signals being given by short-term moving averages. The Central Indicators scanner does not detect any result on moving averages that would impact this trend.

The technical indicators are generally neutral. They do not provide relevant information on the direction of future price movements.
Caution: the Central Indicators scanner currently detects an excess:

Central Indicators

CCI indicator is oversold : under -100

Type : Neutral

Timeframe : 1 hour


MACD indicator: bullish divergence

Type : Bullish

Timeframe : 1 hour

The Central Indicators scanner found this result concerning these indicators:

Central Indicators

Pivot points : price is under support 3

Type : Neutral

Timeframe : Weekly



Central Patterns, the scanner specializing in chart patterns, did not identify any signals.

The Central Candlesticks scanner, specialised in Japanese candlesticks, did not identify any signals.


ProTrendLines
S3
S2
S1
R1
R2
R3
Price


S3S2S1PriceR1R2R3
ProTrendLines 0.5194 0.5256 0.5359 0.5364 0.5393 0.5405 0.5438
Change (%) -3.17% -2.01% -0.09% - +0.54% +0.76% +1.38%
Change -0.0170 -0.0108 -0.0005 - +0.0029 +0.0041 +0.0074
Level Minor Major Major - Minor Intermediate Intermediate



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
Standard0.52570.53080.53360.53870.54150.54660.5494
Camarilla0.53420.53500.53570.53640.53710.53790.5386
Woodie0.52460.53020.53250.53810.54040.54600.5483
Fibonacci0.53080.53380.53570.53870.54170.54360.5466


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard0.53750.54080.54410.54740.55070.55400.5573
Camarilla0.54550.54610.54670.54730.54790.54850.5491
Woodie0.53740.54080.54400.54740.55060.55400.5572
Fibonacci0.54080.54340.54490.54740.55000.55150.5540


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard0.52500.53280.54020.54800.55540.56320.5706
Camarilla0.54340.54480.54620.54760.54900.55040.5518
Woodie0.52480.53270.54000.54790.55520.56310.5704
Fibonacci0.53280.53860.54220.54800.55380.55740.5632

Numerical data


The following is the status of technical indicators and moving averages registered at the time this technical analysis was created:

Technical indicators
Moving averages

RSI (14): 36.94
MACD (12,26,9): -0.0005
Directional Movement: -5.8979
AROON (14): 64.2857
DEMA (21): 0.5362
Parabolic SAR (0,02-0,02-0,2): 0.5375
Elder Ray (13): -0.0005
Super Trend (3,10): 0.5385
Zig ZAG (10): 0.5364
VORTEX (21): 0.9630
Stochastique (14,3,5): 35.56
TEMA (21): 0.5366
Williams %R (14): -73.33
Chande Momentum Oscillator (20): -0.0003
Repulse (5,40,3): -0.0584
ROCnROLL: 2
TRIX (15,9): -0.0173
Courbe Coppock: 0.07
MA7: 0.5429
MA20: 0.5464
MA50: 0.5498
MA100: 0.5456
MAexp7: 0.5367
MAexp20: 0.5370
MAexp50: 0.5385
MAexp100: 0.5408
Price / MA7: -1.20%
Price / MA20: -1.83%
Price / MA50: -2.44%
Price / MA100: -1.69%
Price / MAexp7: -0.06%
Price / MAexp20: -0.11%
Price / MAexp50: -0.39%
Price / MAexp100: -0.81%

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:

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

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