NZD/CHF

- CHF (-)

- Real time data - Forex

Open:	-
Change:	-
Volume:	-

Low:	-
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High / Low range:	-

Type:	Forex
Ticker:	NZDCHF
ISIN:

NZD/CHF - 1H - Technical analysis published on 10/21/2024 (GMT)

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

Summary of the analysis

Trends

Short term: Bearish

Underlying: Bearish

Technical indicators

11%

72%

17%

My opinion

Bearish under 0.5245 CHF

My targets

0.5221 CHF (-0.0014)

0.5204 CHF (-0.0031)

My analysis

There is a bearish trend on NZD/CHF both at the basic level and in the short term. A sale could be considered, so long as the price remains below 0.5245 CHF. Each support break is a strong signal that the current trend will continue. The first bearish objective would be 0.5221 CHF. Then the price could move towards 0.5204 CHF. Then 0.5086 CHF by extension. Be careful, a return to above the resistance 0.5245 CHF would be a sign of a weakening of the trend and a possible rebound 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 is perhaps more risky.

Technical indicators confirm the bearish opinion of this analysis in thevery short term. However, be careful of excessive bearish movements. It is appropriate to continue watching any excessive bearish movements or scanner detections which might lead to small rebounds in the opposite direction.

Force

6.1

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

Additional analysis

Quotes

The NZD/CHF price is 0.5235 CHF. The price registered a decrease of -0.27% on the session and was traded between 0.5233 CHF and 0.5271 CHF over the period. The price is currently at +0.04% from its lowest and -0.68% from its highest.

0.5233

0.5271

0.5235

The Central Gaps scanner detects a bullish opening. A small advantage for buyers in the very short term.

Bullish opening

Type : Bullish

Timeframe : Openning

Here is a more detailed summary of the historical variations registered by NZD/CHF:

The Central Records scanner for higher/lower results shows an item:

Near a new HIGH record (1 month)

Type : Bullish

Timeframe : Weekly

Technical

A technical analysis in 1H of this NZD/CHF chart shows a bearish trend. 71.43% of the signals given by moving averages are bearish. The overall trend seems to be showing some signs of weakness, as do the tentative bearish signals from short-term moving averages. The Central Indicators market scanner currently does not detect any result that concerns moving averages.

Technical indicators are strongly bearish, suggesting that the price decline is expected to continue.
Caution: the Central Indicators scanner currently detects an excess:

CCI indicator is oversold : under -100

Type : Neutral

Timeframe : 1 hour

Previous candle closed under Bollinger bands

Type : Neutral

Timeframe : 1 hour

RSI indicator: bullish divergence

Type : Bullish

Timeframe : 1 hour

Williams %R indicator is oversold : under -80

Type : Neutral

Timeframe : 1 hour

Other results related to technical indicators were also found by the Central Indicators scanner:

Pivot points : price is under support 1

Type : Neutral

Timeframe : 1 hour

Price is back under the pivot point

Type : Bearish

Timeframe : Weekly

The Central Patterns scanner, which studies chart patterns, resistances and supports, has identified these signals:

Near horizontal support

Type : Bullish

Timeframe : 1 hour

Support of channel is broken

Type : Bearish

Timeframe : 1 hour

The Central Candlesticks scanner currently notes the presence of this pattern in Japanese candlesticks that could mark the end of the short-term trend currently underway:

Doji

Type : Neutral

Timeframe : 1 hour

ProTrendLines

Price

	S3	S2	S1	Price	R1	R2	R3
ProTrendLines	0.5204	0.5221	0.5231	0.5235	0.5245	0.5256	0.5265
Change (%)	-0.59%	-0.27%	-0.08%	-	+0.19%	+0.40%	+0.57%
Change	-0.0031	-0.0014	-0.0004	-	+0.0010	+0.0021	+0.0030
Level	Major	Minor	Minor	-	Minor	Major	Minor

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
Standard	0.5217	0.5230	0.5239	0.5252	0.5261	0.5274	0.5283
Camarilla	0.5243	0.5245	0.5247	0.5249	0.5251	0.5253	0.5255
Woodie	0.5216	0.5229	0.5238	0.5251	0.5260	0.5273	0.5282
Fibonacci	0.5230	0.5238	0.5243	0.5252	0.5260	0.5265	0.5274

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	0.5159	0.5184	0.5216	0.5241	0.5273	0.5298	0.5330
Camarilla	0.5233	0.5239	0.5244	0.5249	0.5254	0.5260	0.5265
Woodie	0.5164	0.5186	0.5221	0.5243	0.5278	0.5300	0.5335
Fibonacci	0.5184	0.5205	0.5219	0.5241	0.5262	0.5276	0.5298

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	0.5019	0.5096	0.5230	0.5307	0.5441	0.5518	0.5652
Camarilla	0.5306	0.5325	0.5345	0.5364	0.5383	0.5403	0.5422
Woodie	0.5048	0.5110	0.5259	0.5321	0.5470	0.5532	0.5681
Fibonacci	0.5096	0.5177	0.5226	0.5307	0.5388	0.5437	0.5518

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):	35.44
MACD (12,26,9):	-0.0003
Directional Movement:	-5.5821
AROON (14):	-85.7142
DEMA (21):	0.5245
Parabolic SAR (0,02-0,02-0,2):	0.5268
Elder Ray (13):	-0.0011
Super Trend (3,10):	0.5260
Zig ZAG (10):	0.5236
VORTEX (21):	0.9096
Stochastique (14,3,5):	8.22
TEMA (21):	0.5241
Williams %R (14):	-92.11
Chande Momentum Oscillator (20):	-0.0019
Repulse (5,40,3):	-0.1478
ROCnROLL:	2
TRIX (15,9):	-0.0019
Courbe Coppock:	0.32

MA7:	0.5241
MA20:	0.5278
MA50:	0.5263
MA100:	0.5322
MAexp7:	0.5243
MAexp20:	0.5248
MAexp50:	0.5249
MAexp100:	0.5246
Price / MA7:	-0.11%
Price / MA20:	-0.81%
Price / MA50:	-0.53%
Price / MA100:	-1.63%
Price / MAexp7:	-0.15%
Price / MAexp20:	-0.25%
Price / MAexp50:	-0.27%
Price / MAexp100:	-0.21%

Quotes : - Real time data - Forex

News

The latest news and videos published on NZD/CHF at the time of the analysis were as follows:

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

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