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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 05/11/2023 (GMT)

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  • Timeframe : 1H
  • - Analysis generated on
  • Status : LEVEL MAINTAINED

Analysis too old. There are no more charts available.

Summary of the analysis

Trends
Short term: Strongly bullish
Underlying: Strongly bullish
Technical indicators
83%
0%
17%
My opinion
Bullish above 13.555 CZK
My targets
13.703 CZK (+0.088)
13.961 CZK (+0.346)
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 13.555 CZK. The buyers' bullish objective is set at 13.703 CZK. A bullish break in this resistance would boost the bullish momentum. The buyers could then target the resistance located at 13.961 CZK. If there is any crossing, the next objective would be the resistance located at 14.040 CZK. However, beware of bullish excesses that could lead to a possible short-term correction; but this possible correction would not be tradeable.

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
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.

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15 min. Daily Weekly

Additional analysis

Quotes

NZD/CZK rating 13.615 CZK. On the day, this instrument gained +0.06% and was between 13.609 CZK and 13.616 CZK. This implies that the price is at +0.04% from its lowest and at -0.01% from its highest.

13.609
13.616
13.615

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 (5 years)

Type : Bearish

Timeframe : Weekly


Near a new LOW record (1 year)

Type : Bearish

Timeframe : Weekly


Near a new LOW record (1st january)

Type : Bearish

Timeframe : Weekly


New HIGH record (1 month)

Type : Bullish

Timeframe : Weekly



Technical


A technical analysis in 1H of this NZD/CZK chart shows a strongly bullish trend. 92.86% of the signals given by moving averages are bullish. The overall trend is supported by the strong bullish signals from short-term moving averages. The Central Indicators market scanner currently does not detect any result that concerns moving averages.

In fact, 15 technical indicators on 18 studied are currently bullish. 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


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 2

Type : Neutral

Timeframe : 1 hour


Pivot points : price is over resistance 2

Type : Neutral

Timeframe : Weekly



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



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


ProTrendLines
S3
S2
S1
R1
R2
R3
Price


S3S2S1PriceR1R2R3
ProTrendLines 13.276 13.378 13.505 13.615 13.628 14.040 14.903
Change (%) -2.49% -1.74% -0.81% - +0.10% +3.12% +9.46%
Change -0.339 -0.237 -0.110 - +0.013 +0.425 +1.288
Level Minor Intermediate Intermediate - Minor Major Major



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
Standard13.42213.46213.53413.57413.64613.68613.758
Camarilla13.57613.58713.59713.60713.61713.62813.638
Woodie13.43913.47013.55113.58213.66313.69413.775
Fibonacci13.46213.50513.53113.57413.61713.64313.686


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard12.97413.06913.21713.31213.46013.55513.703
Camarilla13.29913.32213.34413.36613.38813.41113.433
Woodie13.00213.08213.24513.32513.48813.56813.731
Fibonacci13.06913.16213.21913.31213.40513.46213.555


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard12.22912.61112.90413.28613.57913.96114.254
Camarilla13.01113.07313.13513.19713.25913.32113.383
Woodie12.18512.58912.86013.26413.53513.93914.210
Fibonacci12.61112.86913.02813.28613.54413.70313.961

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): 71.26
MACD (12,26,9): 0.0240
Directional Movement: 11.109
AROON (14): 92.857
DEMA (21): 13.602
Parabolic SAR (0,02-0,02-0,2): 13.579
Elder Ray (13): 0.022
Super Trend (3,10): 13.544
Zig ZAG (10): 13.609
VORTEX (21): 1.1800
Stochastique (14,3,5): 97.79
TEMA (21): 13.609
Williams %R (14): -1.02
Chande Momentum Oscillator (20): 0.075
Repulse (5,40,3): 0.1980
ROCnROLL: 1
TRIX (15,9): 0.0230
Courbe Coppock: 0.95
MA7: 13.413
MA20: 13.261
MA50: 13.488
MA100: 13.799
MAexp7: 13.597
MAexp20: 13.572
MAexp50: 13.530
MAexp100: 13.471
Price / MA7: +1.51%
Price / MA20: +2.67%
Price / MA50: +0.94%
Price / MA100: -1.33%
Price / MAexp7: +0.13%
Price / MAexp20: +0.32%
Price / MAexp50: +0.63%
Price / MAexp100: +1.07%

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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Londinia AI

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