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 08/12/2024 (GMT)

Londinia

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Timeframe : 1H
- Analysis generated on
Status : INVALID

Summary of the analysis

Trends

Short term: Strongly bearish

Underlying: Slightly bearish

Technical indicators

22%

39%

My opinion

Bearish under 13.888 CZK

My targets

13.843 CZK (-0.027)

13.741 CZK (-0.129)

My analysis

The strong short-term decline of NZD/CZK reinforces the current slightly bearish trend. As long as the price remains below 13.888 CZK, you could take advantage of this bearish acceleration. The first bearish objective is located at 13.843 CZK. The bearish momentum would be revived by a break in this support. Sellers would then use the next support located at 13.741 CZK as an objective. Crossing it would then enable sellers to target 13.674 CZK. A return to above 13.888 CZK would be a sign of a correction of short-term bearish excesses. In this case, you could stay away while waiting for signals indicating a reversal of the trend.

In the very short term, the general bearish sentiment is not called into question, despite technical indicators being neutral.

Force

2.7

Comment on the analysis

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:

Additional analysis

Quotes

The NZD/CZK price is 13.870 CZK. The price is lower by -0.01% since the last closing with the lowest point at 13.855 CZK and the highest point at 13.915 CZK. The deviation from the price is +0.11% for the low point and -0.32% for the high point.

13.855

13.915

13.870

A bullish opening was detected by the Central Gaps scanner. Buyers are trying to impose a bullish momentum in the very short term.

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 Central Records scanner, which identifies the highest / lowest, has detected several elements:

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 HIGH record (1 month)

Type : Bullish

Timeframe : Weekly

Technical

Technical analysis of NZD/CZK in 1H shows an overall slightly bearish trend. 53.57% of the signals given by moving averages are bearish. The overall trend could accelerate as a result of the strong bearish signals from short-term moving averages. The Central Indicators market scanner is currently detecting several bearish signals that could impact this trend:

Bearish price crossover with Moving Average 20

Type : Bearish

Timeframe : 1 hour

Bearish price crossover with Moving Average 50

Type : Bearish

Timeframe : 1 hour

Bearish price crossover with adaptative moving average 20

Type : Bearish

Timeframe : 1 hour

Bearish price crossover with adaptative moving average 50

Type : Bearish

Timeframe : 1 hour

An assessment of technical indicators does not currently provide any relevant information to suggest whether the signal given by the technical indicators is more bullish or bearish.
Caution: the Central Indicators scanner currently detects an excess:

MACD indicator: bearish divergence

Type : Bearish

Timeframe : 1 hour

Williams %R indicator is oversold : under -80

Type : Neutral

Timeframe : 1 hour

Other results related to technical indicators were also found by the Central Indicators scanner:

RSI indicator is back under 50

Type : Bearish

Timeframe : 1 hour

Parabolic SAR indicator bearish reversal

Type : Bearish

Timeframe : 1 hour

Ichimoku : price is under the cloud

Type : Bearish

Timeframe : 1 hour

MACD indicator is back under 0

Type : Bearish

Timeframe : 1 hour

Momentum indicator is back under 0

Type : Bearish

Timeframe : 1 hour

Central Patterns, the market scanner focusing on chart patterns, resistances and supports found this result:

Near support of channel

Type : Bullish

Timeframe : 1 hour

Central Candlesticks, the scanner specialised in Japanese candlesticks, detects a bearish signal that could support the hypothesis of a small drop in the very short term:

Bearish engulfing lines

Type : Bearish

Timeframe : 1 hour

ProTrendLines

Price

	S3	S2	S1	Price	R1	R2	R3
ProTrendLines	13.674	13.741	13.843	13.870	13.888	13.950	14.001
Change (%)	-1.41%	-0.93%	-0.19%	-	+0.13%	+0.58%	+0.94%
Change	-0.196	-0.129	-0.027	-	+0.018	+0.080	+0.131
Level	Minor	Intermediate	Major	-	Intermediate	Intermediate	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
Standard	13.731	13.795	13.834	13.898	13.937	14.001	14.040
Camarilla	13.844	13.853	13.863	13.872	13.881	13.891	13.900
Woodie	13.718	13.789	13.821	13.892	13.924	13.995	14.027
Fibonacci	13.795	13.835	13.859	13.898	13.938	13.962	14.001

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	13.314	13.462	13.667	13.815	14.020	14.168	14.373
Camarilla	13.775	13.807	13.840	13.872	13.904	13.937	13.969
Woodie	13.343	13.476	13.696	13.829	14.049	14.182	14.402
Fibonacci	13.462	13.597	13.680	13.815	13.950	14.033	14.168

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	13.093	13.412	13.696	14.015	14.299	14.618	14.902
Camarilla	13.814	13.870	13.925	13.980	14.035	14.091	14.146
Woodie	13.076	13.403	13.679	14.006	14.282	14.609	14.885
Fibonacci	13.412	13.642	13.785	14.015	14.245	14.388	14.618

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):	41.12
MACD (12,26,9):	-0.0020
Directional Movement:	-5.267
AROON (14):	50.000
DEMA (21):	13.887
Parabolic SAR (0,02-0,02-0,2):	13.915
Elder Ray (13):	-0.005
Super Trend (3,10):	13.924
Zig ZAG (10):	13.869
VORTEX (21):	0.9220
Stochastique (14,3,5):	59.38
TEMA (21):	13.885
Williams %R (14):	-80.00
Chande Momentum Oscillator (20):	-0.004
Repulse (5,40,3):	-0.3890
ROCnROLL:	2
TRIX (15,9):	-0.0040
Courbe Coppock:	0.09

MA7:	13.842
MA20:	13.888
MA50:	14.060
MA100:	14.024
MAexp7:	13.888
MAexp20:	13.890
MAexp50:	13.888
MAexp100:	13.873
Price / MA7:	+0.20%
Price / MA20:	-0.13%
Price / MA50:	-1.35%
Price / MA100:	-1.10%
Price / MAexp7:	-0.13%
Price / MAexp20:	-0.14%
Price / MAexp50:	-0.13%
Price / MAexp100:	-0.02%

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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