NZD/CZK

- CZK (-)

- Real time data - Forex

Open:	-
Change:	-
Volume:	-

Low:	-
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High / Low range:	-

Type:	Forex
Ticker:	NZDCZK
ISIN:

NZD/CZK - 1H - Technical analysis published on 12/11/2024 (GMT)

Londinia

I am pleased to note that the threshold for invalidation has been maintained for 20 Candlesticks.
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Timeframe : 1H
- Analysis generated on
Status : LEVEL MAINTAINED

Summary of the analysis

Trends

Short term: Neutral

Underlying: Bearish

Technical indicators

44%

11%

44%

My opinion

Bearish under 13.889 CZK

My targets

13.726 CZK (-0.096)

13.697 CZK (-0.125)

My analysis

We are currently in a phase of short-term indecision. In a case like this, you could favour trades in the direction of the basic trend on NZD/CZK. As long as you are under the resistance located at 13.889 CZK, traders with an aggressive trading strategy could consider a sale. A cross of the support located at 13.726 CZK would be a signal of a reversal in the basic trend and the short-term trend could then quickly become bearish. Sellers would then use the next support located at 13.697 CZK as an objective. Crossing it would then enable sellers to target 13.437 CZK. If the resistance 13.889 CZK were to be broken, this would simply be a sign of possible further short-term consolidation and trading against this trend would then perhaps be more risky.

Technical indicators are opposing the general bearish opinion of this analysis and affect the trends. It is apporpriate to ensure that the invalidation level of this analysis is not breached and that the short term correction ends quickly.

Force

2.5

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 13.822 CZK. The price registered a decrease of -0.01% on the session and was between 13.784 CZK and 13.852 CZK. This implies that the price is at +0.28% from its lowest and at -0.22% from its highest.

13.784

13.852

13.822

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.

Bearish opening

Type : Bearish

Timeframe : Openning

A study of price movements over other periods shows the following variations:

The study of the highest / lowest by the Central Records scanner shows the following results:

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

New LOW record (1 month)

Type : Bearish

Timeframe : Weekly

Technical

Technical analysis of NZD/CZK in 1H shows an overall bearish trend. 78.57% of the signals given by moving averages are bearish. Caution: the neutral signals currently given by short-term moving averages show us that the global trend is losing momentum. There is no crossing of moving average by the price or crossing of moving averages between themselves.

In fact, according to the parameters integrated into the Central Analyzer system, only 8 technical indicators out of 18 analysed are currently bullish. No additional result has been identified by Central Indicators, the scanner specialised in technical indicators.

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

Near horizontal resistance

Type : Bearish

Timeframe : 1 hour

Near resistance of channel

Type : Bearish

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	13.040	13.437	13.697	13.822	13.823	13.889	13.973
Change (%)	-5.66%	-2.79%	-0.90%	-	+0.01%	+0.48%	+1.09%
Change	-0.782	-0.385	-0.125	-	+0.001	+0.067	+0.151
Level	Major	Minor	Major	-	Minor	Intermediate	Minor

Attention could also be paid to pivot points to set price objectives:

Daily

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	13.668	13.741	13.782	13.855	13.896	13.969	14.010
Camarilla	13.792	13.802	13.813	13.823	13.834	13.844	13.854
Woodie	13.652	13.733	13.766	13.847	13.880	13.961	13.994
Fibonacci	13.741	13.785	13.812	13.855	13.899	13.926	13.969

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	13.366	13.605	13.726	13.965	14.086	14.325	14.446
Camarilla	13.747	13.780	13.813	13.846	13.879	13.912	13.945
Woodie	13.306	13.576	13.666	13.936	14.026	14.296	14.386
Fibonacci	13.605	13.743	13.828	13.965	14.103	14.188	14.325

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	13.460	13.668	13.903	14.111	14.346	14.554	14.789
Camarilla	14.015	14.056	14.096	14.137	14.178	14.218	14.259
Woodie	13.473	13.675	13.916	14.118	14.359	14.561	14.802
Fibonacci	13.668	13.838	13.942	14.111	14.281	14.385	14.554

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):	49.67
MACD (12,26,9):	-0.0040
Directional Movement:	5.540
AROON (14):	57.143
DEMA (21):	13.817
Parabolic SAR (0,02-0,02-0,2):	13.817
Elder Ray (13):	0.004
Super Trend (3,10):	13.848
Zig ZAG (10):	13.825
VORTEX (21):	1.0120
Stochastique (14,3,5):	62.75
TEMA (21):	13.825
Williams %R (14):	-36.77
Chande Momentum Oscillator (20):	0.015
Repulse (5,40,3):	-0.0730
ROCnROLL:	-1
TRIX (15,9):	-0.0090
Courbe Coppock:	0.20

MA7:	13.923
MA20:	14.043
MA50:	14.059
MA100:	14.021
MAexp7:	13.825
MAexp20:	13.825
MAexp50:	13.844
MAexp100:	13.882
Price / MA7:	-0.73%
Price / MA20:	-1.57%
Price / MA50:	-1.69%
Price / MA100:	-1.42%
Price / MAexp7:	-0.02%
Price / MAexp20:	-0.02%
Price / MAexp50:	-0.16%
Price / MAexp100:	-0.43%

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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