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 10/11/2024 (GMT)

Londinia

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Timeframe : 1H
- Analysis generated on
Status : INVALID

Summary of the analysis

Trends

Short term: Strongly bullish

Underlying: Slightly bullish

Technical indicators

39%

28%

33%

My opinion

Bullish above 14.078 CZK

My targets

14.198 CZK (+0.073)

14.317 CZK (+0.192)

My analysis

NZD/CZK is currently trying to strengthen its basic trend with a very bullish short term. As long as the price remains above 14.078 CZK, traders may consider taking advantage of this bullish acceleration and setting themselves to trade only long positions (at the time of purchase). Buyers will encounter the resistance at 14.198 CZK. A bullish break in this resistance would confirm a continuation of the bullish acceleration. The next resistance located at 14.317 CZK would then be the next bullish objective for buyers. Crossing it would then enable buyers to target 14.426 CZK. Beware of a possible return to under the support located at 14.078 CZK which would be the sign of a correction of the bullish excesses registered in the short term.

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

Force

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 rating is 14.125 CZK. The price is lower by -0.02% since the last closing and was traded between 14.073 CZK and 14.153 CZK over the period. The price is currently at +0.37% from its lowest and -0.20% from its highest.

14.073

14.153

14.125

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 for higher/lower results shows the following items:

Near a new LOW record (1 year)

Type : Bearish

Timeframe : Weekly

Near a new LOW record (1st january)

Type : Bearish

Timeframe : Weekly

Near a new HIGH record (1 month)

Type : Bullish

Timeframe : Weekly

Technical

A technical analysis in 1H of this NZD/CZK chart shows a slightly bullish trend. Only 57.14% of the signals given by moving averages are bullish. This slightly bullish trend is reinforced by the strong signals currently being given by short-term moving averages. An assessment of moving averages reveals several bullish signals that could impact this trend:

Bullish trend reversal : Moving Average 20

Type : Bullish

Timeframe : 1 hour

Bullish trend reversal : adaptative moving average 20

Type : Bullish

Timeframe : 1 hour

Bullish trend reversal : adaptative moving average 50

Type : Bullish

Timeframe : 1 hour

Moving Average bullish crossovers : AMA50 & AMA100

Type : Bullish

Timeframe : 1 hour

Bullish price crossover with Moving Average 20

Type : Bullish

Timeframe : 1 hour

Bullish price crossover with Moving Average 100

Type : Bullish

Timeframe : 1 hour

Bullish price crossover with adaptative moving average 20

Type : Bullish

Timeframe : 1 hour

Bullish price crossover with adaptative moving average 50

Type : Bullish

Timeframe : 1 hour

Bullish price crossover with adaptative moving average 100

Type : Bullish

Timeframe : 1 hour

An assessment of technical indicators does not currently provide any relevant information on the direction of future price movements.
The Central Indicators scanner found this result concerning these indicators:

Pivot points : price is under support 1

Type : Neutral

Timeframe : Weekly

Central Patterns, the market scanner focusing on chart patterns, resistances and supports found these results:

Near horizontal support

Type : Bullish

Timeframe : 1 hour

Near support of channel

Type : Bullish

Timeframe : 1 hour

The Central Candlesticks scanner, specialised in Japanese candlesticks, did not identify any signals.

ProTrendLines

Price

	S3	S2	S1	Price	R1	R2	R3
ProTrendLines	14.042	14.078	14.119	14.125	14.198	14.317	14.426
Change (%)	-0.59%	-0.33%	-0.04%	-	+0.52%	+1.36%	+2.13%
Change	-0.083	-0.047	-0.006	-	+0.073	+0.192	+0.301
Level	Major	Minor	Intermediate	-	Intermediate	Major	Intermediate

To determine price objectives, it is also possible to use the pivot points. Here is the price position in relation to pivot points:

Daily

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	13.878	13.930	14.029	14.081	14.180	14.232	14.331
Camarilla	14.087	14.100	14.114	14.128	14.142	14.156	14.170
Woodie	13.902	13.942	14.053	14.093	14.204	14.244	14.355
Fibonacci	13.930	13.988	14.023	14.081	14.139	14.174	14.232

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	13.940	14.076	14.154	14.290	14.368	14.504	14.582
Camarilla	14.173	14.193	14.212	14.232	14.252	14.271	14.291
Woodie	13.911	14.062	14.125	14.276	14.339	14.490	14.553
Fibonacci	14.076	14.158	14.208	14.290	14.372	14.422	14.504

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	13.495	13.688	14.028	14.221	14.561	14.754	15.094
Camarilla	14.221	14.270	14.319	14.368	14.417	14.466	14.515
Woodie	13.569	13.725	14.102	14.258	14.635	14.791	15.168
Fibonacci	13.688	13.892	14.017	14.221	14.425	14.550	14.754

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):	54.58
MACD (12,26,9):	0.0000
Directional Movement:	-0.694
AROON (14):	-85.714
DEMA (21):	14.110
Parabolic SAR (0,02-0,02-0,2):	14.126
Elder Ray (13):	-0.002
Super Trend (3,10):	14.080
Zig ZAG (10):	14.120
VORTEX (21):	0.9400
Stochastique (14,3,5):	40.30
TEMA (21):	14.104
Williams %R (14):	-37.84
Chande Momentum Oscillator (20):	-0.021
Repulse (5,40,3):	0.2410
ROCnROLL:	1
TRIX (15,9):	0.0040
Courbe Coppock:	0.40

MA7:	14.161
MA20:	14.165
MA50:	14.026
MA100:	14.051
MAexp7:	14.104
MAexp20:	14.108
MAexp50:	14.105
MAexp100:	14.125
Price / MA7:	-0.25%
Price / MA20:	-0.28%
Price / MA50:	+0.71%
Price / MA100:	+0.53%
Price / MAexp7:	+0.15%
Price / MAexp20:	+0.12%
Price / MAexp50:	+0.14%
Price / MAexp100:	-0%

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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