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

NZD/CZK - 1H - Technical analysis published on 04/20/2020 (GMT)

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  • Timeframe : 1H
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Summary of the analysis

Trends
Court terme: Strongly bullish
De fond: Strongly bullish
Technical indicators
83%
0%
17%
My opinion
Bullish above 15.235 CZK
My targets
15.376 CZK (+0.073)
15.611 CZK (+0.308)
My analysis
The bullish trend is currently very strong on NZD/CZK. As long as the price remains above the support at 15.235 CZK, you could try to benefit from the boom. The first bullish objective is located at 15.376 CZK. The bullish momentum would be boosted by a break in this resistance. Buyers would then use the next resistance located at 15.611 CZK as an objective. Crossing it would then enable buyers to target 17.026 CZK. Be careful, given the powerful bullish rally underway, excesses could lead to a possible correction in the short term. 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.

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
8.8

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.

Vincent Launay
This analysis was given by Vincent Launay. Take part yourself by sharing additional analysis on another time unit:
15 min. Daily Weekly

Additional analysis

Quotes

The NZD/CZK rating is 15.303 CZK. The price registered an increase of +1.38% on the session with the lowest point at 15.059 CZK and the highest point at 15.346 CZK. The deviation from the price is +1.62% for the low point and -0.28% for the high point.

15.059
15.346
15.303

A bearish opening was detected by the Central Gaps scanner. Sellers are trying to impose a bearish trend in the very short term.

Central Gaps

Bearish opening

Type : Bearish

Timeframe : Openning



A study of price movements over other periods shows the following variations:
The Central Volumes scanner detects abnormal volumes on the asset:

Central Volumes

Abnormal volumes

Timeframe : 20 days


Abnormal volumes

Timeframe : 50 days

Technical


Technical analysis of this 1H chart of NZD/CZK 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 scanner does not detect any result on moving averages that would impact this trend.

An assessment of technical indicators shows a strong bullish signal.
Caution: the Central Indicators scanner currently detects an excess:

Central Indicators

RSI indicator is overbought : over 70

Type : Neutral

Timeframe : 1 hour


CCI indicator is overbought : over 100

Type : Neutral

Timeframe : 1 hour


RSI indicator: bearish divergence

Type : Bearish

Timeframe : 1 hour


Williams %R indicator is overbought : over -20

Type : Neutral

Timeframe : 1 hour

Central Indicators, the detector scanner for these technical indicators has recently detected several signals:

Central Indicators

Pivot points : price is over resistance 1

Type : Neutral

Timeframe : Weekly


Pivot points : price is over resistance 3

Type : Neutral

Timeframe : 1 hour



Central Patterns, the market scanner focusing on chart patterns, resistances and supports found these results:

Central Patterns

Near horizontal resistance

Type : Bearish

Timeframe : 1 hour


Resistance of channel is broken

Type : Bullish

Timeframe : 1 hour



There is also a Japanese candlestick pattern detected by Central Candlesticks that could mark the end of the current short-term trend:

Central Candlesticks

Doji

Type : Neutral

Timeframe : 1 hour




ProTrendLines
S3
S2
S1
R1
R2
R3
Price


S3S2S1PriceR1R2R3
ProTrendLines 15.053 15.096 15.168 15.303 15.305 17.026 17.908
Change (%) -1.63% -1.35% -0.88% - +0.01% +11.26% +17.02%
Change -0.250 -0.207 -0.135 - +0.002 +1.723 +2.605
Level Intermediate Major Major - Major Intermediate Minor



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

Daily
Pivot points S3 S2 S1 PP R1 R2 R3
Standard14.79014.86914.98215.06115.17415.25315.366
Camarilla15.04215.06015.07715.09515.11315.13015.148
Woodie14.80714.87814.99915.07015.19115.26215.383
Fibonacci14.86914.94214.98815.06115.13415.18015.253


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard14.48314.62414.85915.00015.23515.37615.611
Camarilla14.99215.02615.06115.09515.13015.16415.198
Woodie14.53114.64814.90715.02415.28315.40015.659
Fibonacci14.62414.76714.85615.00015.14315.23215.376


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard11.78612.55613.66314.43315.54016.31017.417
Camarilla14.25314.42514.59714.76914.94115.11315.285
Woodie11.95412.64013.83114.51715.70816.39417.585
Fibonacci12.55613.27313.71614.43315.15015.59316.310

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): 72.89
MACD (12,26,9): 0.0650
Directional Movement: 29.130
AROON (14): 92.857
DEMA (21): 15.284
Parabolic SAR (0,02-0,02-0,2): 15.221
Elder Ray (13): 0.078
Super Trend (3,10): 15.176
Zig ZAG (10): 15.304
VORTEX (21): 1.2260
Stochastique (14,3,5): 90.73
TEMA (21): 15.307
Williams %R (14): -14.93
Chande Momentum Oscillator (20): 0.132
Repulse (5,40,3): 0.1420
ROCnROLL: 1
TRIX (15,9): 0.0500
Courbe Coppock: 2.25
MA7: 15.030
MA20: 14.953
MA50: 14.712
MA100: 14.871
MAexp7: 15.277
MAexp20: 15.204
MAexp50: 15.108
MAexp100: 15.040
Price / MA7: +1.82%
Price / MA20: +2.34%
Price / MA50: +4.02%
Price / MA100: +2.90%
Price / MAexp7: +0.17%
Price / MAexp20: +0.65%
Price / MAexp50: +1.29%
Price / MAexp100: +1.75%

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

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Londinia
Londinia AI

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