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 01/16/2023 (GMT)

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  • Timeframe : 1H
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Summary of the analysis

Trends
Short term: Neutral
Underlying: Strongly bearish
Technical indicators
33%
33%
33%
My opinion
Bearish under 14.163 CZK
My targets
14.045 CZK (-0.101)
13.888 CZK (-0.258)
My analysis
The basic trend is very bearish on NZD/CZK but buyers need to catch their breath in the short term. In a case like this, you could favour trades in the direction of the trend on NZD/CZK. As long as you stay below the resistance 14.163 CZK, sellers' retain the upper hand. A break in the support at 14.045 CZK would be a signal that the basic trend will reverse. Sellers would then use the next support located at 13.888 CZK as an objective. Crossing it would then enable sellers to target 12.558 CZK. If the price were to depress the resistance 14.163 CZK in the short term, this would be a sign of possible consolidation in the short term, but against the trend trading would then perhaps be more risky. On the other hand, we could expect signals of a 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
4.3

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/CZK price is 14.146 CZK. The price is lower by -0.02% since the last closing and was traded between 14.114 CZK and 14.188 CZK over the period. The price is currently at +0.23% from its lowest and -0.30% from its highest.

14.114
14.188
14.146

The Central Gaps scanner detects a bearish opening marking the presence of sellers ahead of buyers at the opening but not sufficiently marked to allow the price to register a quotation gap.

Central Gaps

Bearish opening

Type : Bearish

Timeframe : Openning



So that you have an overall view of the price change, here is a table showing the variations over several periods:
The Central Records scanner, which identifies the highest / lowest, has detected several elements:

Central Records

Near a new LOW record (1 year)

Type : Bearish

Timeframe : Weekly


Near a new HIGH record (1st january)

Type : Bullish

Timeframe : Weekly


Near a new HIGH record (1 month)

Type : Bullish

Timeframe : Weekly



Technical


Technical analysis of NZD/CZK in 1H shows a overall strongly bearish trend. 82.14% of the signals given by moving averages are bearish. Caution: as the signals currently given by short-term moving averages are rather neutral, the global trend is slowing down. The Central Indicators scanner detects bearish signals on moving averages that could impact this trend:

Central Indicators

Bearish trend reversal : adaptative moving average 20

Type : Bearish

Timeframe : 1 hour


Bearish price crossover with Moving Average 50

Type : Bearish

Timeframe : 1 hour



An assessment of technical indicators does not currently provide any relevant information on the direction of future price movements.
Central Indicators, the scanner specialised in technical indicators, has identified these signals:

Central Indicators

RSI indicator is back under 50

Type : Bearish

Timeframe : 1 hour


Ichimoku : price is under the cloud

Type : Bearish

Timeframe : 1 hour


Momentum indicator is back under 0

Type : Bearish

Timeframe : 1 hour


Williams %R indicator is back under -50

Type : Bearish

Timeframe : 1 hour



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

Central Patterns

Near horizontal resistance

Type : Bearish

Timeframe : 1 hour


Resistance of channel is broken

Type : Bullish

Timeframe : 1 hour



The Central Candlesticks scanner which studies Japanese candlesticks did not detect anything.


ProTrendLines
S3
S2
S1
R1
R2
R3
Price


S3S2S1PriceR1R2R3
ProTrendLines 10.596 12.558 14.045 14.146 14.163 14.207 14.248
Change (%) -25.10% -11.23% -0.71% - +0.12% +0.43% +0.72%
Change -3.550 -1.588 -0.101 - +0.017 +0.061 +0.102
Level Intermediate Minor 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
Standard13.97014.02014.08414.13414.19814.24814.312
Camarilla14.11814.12814.13914.14914.16014.17014.180
Woodie13.97814.02414.09214.13814.20614.25214.320
Fibonacci14.02014.06314.09014.13414.17714.20414.248


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard13.70813.88814.01914.19914.33014.51014.641
Camarilla14.06414.09214.12114.14914.17814.20614.235
Woodie13.68313.87613.99414.18714.30514.49814.616
Fibonacci13.88814.00714.08114.19914.31814.39214.510


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard13.48913.87014.10214.48314.71515.09615.328
Camarilla14.16614.22314.27914.33514.39114.44714.504
Woodie13.41613.83314.02914.44614.64215.05915.255
Fibonacci13.87014.10414.24914.48314.71714.86215.096

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): 48.68
MACD (12,26,9): 0.0030
Directional Movement: 2.961
AROON (14): 42.858
DEMA (21): 14.152
Parabolic SAR (0,02-0,02-0,2): 14.186
Elder Ray (13): 0.006
Super Trend (3,10): 14.199
Zig ZAG (10): 14.146
VORTEX (21): 1.0140
Stochastique (14,3,5): 54.05
TEMA (21): 14.161
Williams %R (14): -60.81
Chande Momentum Oscillator (20): -0.005
Repulse (5,40,3): -0.1110
ROCnROLL: 2
TRIX (15,9): 0.0010
Courbe Coppock: 0.44
MA7: 14.205
MA20: 14.282
MA50: 14.457
MA100: 14.466
MAexp7: 14.155
MAexp20: 14.150
MAexp50: 14.159
MAexp100: 14.183
Price / MA7: -0.42%
Price / MA20: -0.95%
Price / MA50: -2.15%
Price / MA100: -2.21%
Price / MAexp7: -0.06%
Price / MAexp20: -0.03%
Price / MAexp50: -0.09%
Price / MAexp100: -0.26%

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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