NZD/CZK - 1H - Technical analysis published on 07/01/2020 (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
Court terme:
Bullish
De fond:
Strongly bullish
Technical indicators
56%
6%
39%
My opinion
Bullish above 15.305 CZK
My targets
15.353 CZK (+0.020)
15.381 CZK (+0.048)
My analysis
The basic bullish trend is very strong on NZD/CZK but the short term shows some signs of running out of steam. However, a purchase could be considered as long as the price remains above 15.305 CZK. Crossing the first resistance at 15.353 CZK would be a sign of a potential new surge in the price. Buyers would then use the next resistance located at 15.381 CZK as an objective. Crossing it would then enable buyers to target 15.403 CZK. Caution, a return to below 15.305 CZK would be a sign of a consolidation phase in 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.
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
6.3
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This analysis was given by Vincent Launay. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
NZD/CZK rating 15.333 CZK. The price registered an increase of +0.14% on the session and was between 15.301 CZK and 15.342 CZK. This implies that the price is at +0.21% from its lowest and at -0.06% from its highest.15.301
15.342
15.333
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
A study of price movements over other periods shows the following variations:
Near a new HIGH record (1st january)
Type : Bullish
Timeframe : Weekly
Technical
Technical analysis of this 1H chart of NZD/CZK indicates that the overall trend is strongly bullish. 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 scanner detects bullish and bearish signals on moving averages that could impact this trend:
Bullish price crossover with adaptative moving average 20
Type : Bullish
Timeframe : 1 hour
Bearish price crossover with adaptative moving average 100
Type : Bearish
Timeframe : 1 hour
The technical indicators are bullish. There is still some doubt about the price increase.
Other results related to technical indicators were also found by the Central Indicators scanner:
Price is back over the pivot point
Type : Bullish
Timeframe : Weekly
Momentum indicator is back over 0
Type : Bullish
Timeframe : 1 hour
Williams %R indicator is back under -50
Type : Bearish
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 | 15.273 | 15.305 | 15.333 | 15.333 | 15.353 | 15.381 | 15.403 |
| Change (%) | -0.39% | -0.18% | 0% | - | +0.13% | +0.31% | +0.46% |
| Change | -0.060 | -0.028 | 0 | - | +0.020 | +0.048 | +0.070 |
| Level | Intermediate | Major | Minor | - | Minor | Minor | Major |
To determine price objectives, it is also possible to use the pivot points. Here is the price position in relation to pivot points:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 15.147 | 15.190 | 15.251 | 15.294 | 15.355 | 15.398 | 15.459 |
| Camarilla | 15.283 | 15.293 | 15.303 | 15.312 | 15.322 | 15.331 | 15.341 |
| Woodie | 15.156 | 15.195 | 15.260 | 15.299 | 15.364 | 15.403 | 15.468 |
| Fibonacci | 15.190 | 15.230 | 15.254 | 15.294 | 15.334 | 15.358 | 15.398 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 14.969 | 15.074 | 15.194 | 15.299 | 15.419 | 15.524 | 15.644 |
| Camarilla | 15.252 | 15.273 | 15.293 | 15.314 | 15.335 | 15.355 | 15.376 |
| Woodie | 14.977 | 15.078 | 15.202 | 15.303 | 15.427 | 15.528 | 15.652 |
| Fibonacci | 15.074 | 15.160 | 15.213 | 15.299 | 15.385 | 15.438 | 15.524 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 14.544 | 14.762 | 15.037 | 15.255 | 15.530 | 15.748 | 16.023 |
| Camarilla | 15.176 | 15.222 | 15.267 | 15.312 | 15.357 | 15.402 | 15.448 |
| Woodie | 14.573 | 14.776 | 15.066 | 15.269 | 15.559 | 15.762 | 16.052 |
| Fibonacci | 14.762 | 14.950 | 15.067 | 15.255 | 15.443 | 15.560 | 15.748 |
Numerical data
The following are the details of the technical indicators and moving averages that were collected to generate this technical analysis:
Technical indicators
Moving averages
| RSI (14): | 53.39 | |
| MACD (12,26,9): | 0.0050 | |
| Directional Movement: | -0.880 | |
| AROON (14): | 64.286 | |
| DEMA (21): | 15.322 | |
| Parabolic SAR (0,02-0,02-0,2): | 15.292 | |
| Elder Ray (13): | 0.003 | |
| Super Trend (3,10): | 15.366 | |
| Zig ZAG (10): | 15.324 | |
| VORTEX (21): | 1.0620 | |
| Stochastique (14,3,5): | 57.21 | |
| TEMA (21): | 15.326 | |
| Williams %R (14): | -41.46 | |
| Chande Momentum Oscillator (20): | 0.000 | |
| Repulse (5,40,3): | -0.0160 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | 0.0050 | |
| Courbe Coppock: | 0.30 |
| MA7: | 15.297 | |
| MA20: | 15.284 | |
| MA50: | 15.244 | |
| MA100: | 14.986 | |
| MAexp7: | 15.321 | |
| MAexp20: | 15.315 | |
| MAexp50: | 15.310 | |
| MAexp100: | 15.305 | |
| Price / MA7: | +0.24% | |
| Price / MA20: | +0.32% | |
| Price / MA50: | +0.58% | |
| Price / MA100: | +2.32% | |
| Price / MAexp7: | +0.08% | |
| Price / MAexp20: | +0.12% | |
| Price / MAexp50: | +0.15% | |
| Price / MAexp100: | +0.18% |
Quotes :
2020-07-01 08:28:41
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Real time data
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Forex
This member declared not having a position on this financial instrument or a related financial instrument.
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