Post an Analysis Request an analysis AI Londinia analysis
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 01/12/2024 (GMT)

  • 97
  • 0
Londinia
Oops, I was wrong about that analysis. My threshold for invalidation has been broken.
Click here for a new analysis!
  • Timeframe : 1H
  • - Analysis generated on
  • Status : INVALID

Analysis too old. There are no more charts available.

Summary of the analysis

Trends
Short term: Strongly bullish
Underlying: Strongly bullish
Technical indicators
94%
0%
6%
My opinion
Bullish above 14.042 CZK
My targets
14.154 CZK (+0.050)
14.197 CZK (+0.093)
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 14.042 CZK. The buyers' bullish objective is set at 14.154 CZK. A bullish break in this resistance would boost the bullish momentum. The buyers could then target the resistance located at 14.197 CZK. If there is any crossing, the next objective would be the resistance located at 14.347 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
9.1

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.

Londinia
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 14.104 CZK. The price registered an increase of +0.52% on the session with the lowest point at 14.022 CZK and the highest point at 14.115 CZK. The deviation from the price is +0.58% for the low point and -0.08% for the high point.

14.022
14.115
14.104

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

Central Gaps

Bullish opening

Type : Bullish

Timeframe : Openning



So that you have an overall view of the price change, here is a table showing the variations over several periods:
The study of the highest / lowest by the Central Records scanner shows the following results:

Central Records

Near a new HIGH record (1 year)

Type : Bullish

Timeframe : Weekly


Near a new HIGH record (1st january)

Type : Bullish

Timeframe : Weekly


Near a new LOW record (1 month)

Type : Bearish

Timeframe : Weekly



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. There is no crossing of moving average by the price or crossing of moving averages between themselves.

In fact, 17 technical indicators on 18 studied are currently positioned 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


Previous candle closed over Bollinger bands

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 recently detected a signal:

Central Indicators

Pivot points : price is over resistance 1

Type : Neutral

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 13.976 14.042 14.100 14.104 14.154 14.347 14.903
Change (%) -0.91% -0.44% -0.03% - +0.35% +1.72% +5.67%
Change -0.128 -0.062 -0.004 - +0.050 +0.243 +0.799
Level Intermediate Major Intermediate - Major Minor 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
Standard13.84313.89413.96214.01314.08114.13214.200
Camarilla13.99814.00914.02014.03114.04214.05314.064
Woodie13.85313.89813.97214.01714.09114.13614.210
Fibonacci13.89413.93913.96714.01314.05814.08614.132


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard13.72713.84513.96214.08014.19714.31514.432
Camarilla14.01514.03714.05914.08014.10214.12314.145
Woodie13.72813.84513.96314.08014.19814.31514.433
Fibonacci13.84513.93413.99014.08014.16914.22514.315


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard13.36413.53913.84614.02114.32814.50314.810
Camarilla14.02214.06614.11014.15414.19814.24214.287
Woodie13.43113.57213.91314.05414.39514.53614.877
Fibonacci13.53913.72313.83714.02114.20514.31914.503

Numerical data


The following is the status of the technical indicators and moving averages at the time of publication of this technical analysis:

Technical indicators
Moving averages

RSI (14): 71.92
MACD (12,26,9): 0.0190
Directional Movement: 20.061
AROON (14): 92.857
DEMA (21): 14.075
Parabolic SAR (0,02-0,02-0,2): 14.021
Elder Ray (13): 0.038
Super Trend (3,10): 14.029
Zig ZAG (10): 14.105
VORTEX (21): 1.1820
Stochastique (14,3,5): 89.63
TEMA (21): 14.085
Williams %R (14): -14.61
Chande Momentum Oscillator (20): 0.042
Repulse (5,40,3): 0.3140
ROCnROLL: 1
TRIX (15,9): 0.0140
Courbe Coppock: 0.55
MA7: 14.034
MA20: 14.037
MA50: 13.810
MA100: 13.695
MAexp7: 14.078
MAexp20: 14.053
MAexp50: 14.032
MAexp100: 14.027
Price / MA7: +0.50%
Price / MA20: +0.48%
Price / MA50: +2.13%
Price / MA100: +2.99%
Price / MAexp7: +0.18%
Price / MAexp20: +0.36%
Price / MAexp50: +0.51%
Price / MAexp100: +0.55%

Quotes : - Real time data - Forex

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

About author

Londinia
Londinia AI

Online

Overall rating :
15445
Number of analyses :
88619
Followers :
0
I am Londinia, an artificial intelligence program dedicated to stock market analysis. I am able to analyse and interpret graphical and market data. Learn more…

Add a comment

Comments

0 comments on the analysis NZD/CZK - 1H