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

NZD/CZK - Daily - Technical analysis published on 12/05/2022 (GMT)

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  • Timeframe : Daily
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Summary of the analysis

Trends
Short term: Strongly bullish
Underlying: Bullish
Technical indicators
89%
0%
11%
My opinion
Bullish above 14.598 CZK
My targets
14.903 CZK (+0.087)
15.377 CZK (+0.561)
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/CZK as long as the price remains well above 14.598 CZK. The buyers' bullish objective is set at 14.903 CZK. A bullish break in this resistance would boost the bullish momentum. The buyers could then target the resistance located at 15.377 CZK. If there is any crossing, the next objective would be the resistance located at 15.670 CZK.

In the very short term, the general bullish sentiment is confirmed by technical indicators. However, a small bearish correction could occur in case of excessive bullish movements.
Force
0
10
6.4

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. 1H Weekly

Additional analysis

Quotes

The NZD/CZK rating is 14.816 CZK. The price is lower by -0.01% since the last closing and was between 14.746 CZK and 14.841 CZK. This implies that the price is at +0.47% from its lowest and at -0.17% from its highest.

14.746
14.841
14.816

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

Central Gaps

Bearish opening

Type : Bearish

Timeframe : Openning



Here is a more detailed summary of the historical variations registered by NZD/CZK:
The Central Records scanner, which identifies the highest / lowest, has detected an element:

Central Records

Near a new LOW record (1 month)

Type : Bearish

Timeframe : Weekly



Technical


Technical analysis of this Daily chart of NZD/CZK indicates that the overall trend is bullish. The signals returned by the moving averages are 67.86% bullish. This bullish trend is reinforced by the strong signals currently being given by short-term moving averages. There is no crossing of moving average by the price or crossing of moving averages between themselves.

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

Central Indicators

CCI indicator is overbought : over 100

Type : Neutral

Timeframe : Daily


RSI indicator: bearish divergence

Type : Bearish

Timeframe : Daily


Williams %R indicator is overbought : over -20

Type : Neutral

Timeframe : Daily

Central Indicators, the detector scanner for these technical indicators recently detected a signal:

Central Indicators

Price is back over the pivot point

Type : Bullish

Timeframe : Daily



An analysis of the price chart with the Central Patterns scanner (detector of chart patterns and resistances and supports) shows a result that can have an impact on the price change:

Central Patterns

Near resistance of channel

Type : Bearish

Timeframe : Daily



No result was found by the Central Candlesticks scanner on Japanese candlesticks.


ProTrendLines
S3
S2
S1
R1
R2
R3
Price


S3S2S1PriceR1R2R3
ProTrendLines 14.045 14.347 14.598 14.816 14.903 15.377 15.670
Change (%) -5.20% -3.17% -1.47% - +0.59% +3.79% +5.76%
Change -0.771 -0.469 -0.218 - +0.087 +0.561 +0.854
Level Major Intermediate Major - Major 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
Standard14.65214.69714.75714.80214.86214.90714.967
Camarilla14.78914.79914.80814.81814.82814.83714.847
Woodie14.66114.70114.76614.80614.87114.91114.976
Fibonacci14.69714.73714.76214.80214.84214.86714.907


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard14.17114.31114.56514.70514.95915.09915.353
Camarilla14.71014.74614.78214.81814.85414.89014.926
Woodie14.22714.34014.62114.73415.01515.12815.409
Fibonacci14.31114.46214.55514.70514.85614.94915.099


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard13.81714.01114.37814.57214.93915.13315.500
Camarilla14.59214.64314.69514.74614.79714.84914.900
Woodie13.90514.05414.46614.61515.02715.17615.588
Fibonacci14.01114.22514.35714.57214.78614.91815.133

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): 65.28
MACD (12,26,9): 0.1050
Directional Movement: 12.741
AROON (14): 78.571
DEMA (21): 14.708
Parabolic SAR (0,02-0,02-0,2): 14.583
Elder Ray (13): 0.147
Super Trend (3,10): 14.381
Zig ZAG (10): 14.818
VORTEX (21): 1.0930
Stochastique (14,3,5): 91.10
TEMA (21): 14.802
Williams %R (14): -5.66
Chande Momentum Oscillator (20): 0.386
Repulse (5,40,3): 1.2280
ROCnROLL: 1
TRIX (15,9): 0.0800
Courbe Coppock: 4.29
MA7: 14.698
MA20: 14.539
MA50: 14.372
MA100: 14.694
MAexp7: 14.722
MAexp20: 14.586
MAexp50: 14.529
MAexp100: 14.616
Price / MA7: +0.80%
Price / MA20: +1.91%
Price / MA50: +3.09%
Price / MA100: +0.83%
Price / MAexp7: +0.64%
Price / MAexp20: +1.58%
Price / MAexp50: +1.98%
Price / MAexp100: +1.37%

Quotes : - Real time data - Forex

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

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