NZD/CZK - 1H - Technical analysis published on 12/10/2019 (GMT)
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- Timeframe : 1H
- - Analysis generated on
- Status : INVALID
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Summary of the analysis
Trends
Court terme:
Strongly bearish
De fond:
Bearish
Technical indicators
17%
72%
11%
My opinion
Bearish under 15.066 CZK
My targets
15.003 CZK (-0.043)
14.932 CZK (-0.114)
My analysis
NZD/CZK is part of a very strong bearish trend. Traders may consider trading only short positions (for sale) as long as the price remains well below 15.066 CZK. The next support located at 15.003 CZK is the next bearish objective to target. A bearish break of this support would revive the bearish momentum. The bearish movement could then continue towards the next support located at 14.932 CZK. Below this support, sellers could then target 14.903 CZK.
Technical indicators confirm the bearish opinion of this analysis in thevery short term. However, be careful of excessive bearish movements. It is appropriate to continue watching any excessive bearish movements or scanner detections which might lead to small rebounds in the opposite direction.
FORCE
0
10
5.4
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This analysis was given by Vincent Launay. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
The NZD/CZK rating is 15.046 CZK. The price registered a decrease of -0.40% on the session and was between 15.043 CZK and 15.144 CZK. This implies that the price is at +0.02% from its lowest and at -0.65% from its highest.15.043
15.144
15.046
The Central Gaps scanner detects a bullish opening. A small advantage for buyers 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:
Technical
Technical analysis of this 1H chart of NZD/CZK indicates that the overall trend is bearish. The signals given by moving averages are 67.86% bearish. This bearish trend is reinforced 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.
An assessment of technical indicators shows a strong bearish signal.
Caution: the Central Indicators scanner currently detects an excess:
CCI indicator is oversold : under -100
Type : Neutral
Timeframe : 1 hour
Williams %R indicator is oversold : under -80
Type : Neutral
Timeframe : 1 hour
Pivot points : price is under support 3
Type : Neutral
Timeframe : 1 hour
Price is back over the pivot point
Type : Bullish
Timeframe : Weekly
An analysis of the price chart with the Central Patterns scanner (detector of chart patterns and resistances and supports) shows a result that can have an impact on the price change:
Horizontal resistance is broken
Type : Bullish
Timeframe : 1 hour
No result was found by the Central Candlesticks scanner on Japanese candlesticks.
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 14.903 | 14.932 | 15.003 | 15.046 | 15.066 | 15.095 | 15.129 |
| Change (%) | -0.95% | -0.76% | -0.29% | - | +0.13% | +0.33% | +0.55% |
| Change | -0.143 | -0.114 | -0.043 | - | +0.020 | +0.049 | +0.083 |
| Level | Major | Minor | Intermediate | - | Intermediate | 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 | 15.006 | 15.047 | 15.077 | 15.118 | 15.148 | 15.189 | 15.219 |
| Camarilla | 15.087 | 15.093 | 15.100 | 15.106 | 15.113 | 15.119 | 15.126 |
| Woodie | 15.000 | 15.044 | 15.071 | 15.115 | 15.142 | 15.186 | 15.213 |
| Fibonacci | 15.047 | 15.075 | 15.091 | 15.118 | 15.146 | 15.162 | 15.189 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 14.673 | 14.781 | 14.970 | 15.078 | 15.267 | 15.375 | 15.564 |
| Camarilla | 15.077 | 15.105 | 15.132 | 15.159 | 15.186 | 15.214 | 15.241 |
| Woodie | 14.714 | 14.801 | 15.011 | 15.098 | 15.308 | 15.395 | 15.605 |
| Fibonacci | 14.781 | 14.895 | 14.965 | 15.078 | 15.192 | 15.262 | 15.375 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 14.344 | 14.479 | 14.683 | 14.818 | 15.022 | 15.157 | 15.361 |
| Camarilla | 14.793 | 14.824 | 14.855 | 14.886 | 14.917 | 14.948 | 14.979 |
| Woodie | 14.378 | 14.496 | 14.717 | 14.835 | 15.056 | 15.174 | 15.395 |
| Fibonacci | 14.479 | 14.609 | 14.689 | 14.818 | 14.948 | 15.028 | 15.157 |
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): | 33.47 | |
| MACD (12,26,9): | -0.0160 | |
| Directional Movement: | -17.195 | |
| AROON (14): | -71.429 | |
| DEMA (21): | 15.074 | |
| Parabolic SAR (0,02-0,02-0,2): | 15.115 | |
| Elder Ray (13): | -0.030 | |
| Super Trend (3,10): | 15.124 | |
| Zig ZAG (10): | 15.046 | |
| VORTEX (21): | 0.8480 | |
| Stochastique (14,3,5): | 15.66 | |
| TEMA (21): | 15.061 | |
| Williams %R (14): | -94.06 | |
| Chande Momentum Oscillator (20): | -0.081 | |
| Repulse (5,40,3): | -0.1220 | |
| ROCnROLL: | 2 | |
| TRIX (15,9): | -0.0110 | |
| Courbe Coppock: | 0.80 |
| MA7: | 15.067 | |
| MA20: | 14.920 | |
| MA50: | 14.795 | |
| MA100: | 14.871 | |
| MAexp7: | 15.065 | |
| MAexp20: | 15.092 | |
| MAexp50: | 15.103 | |
| MAexp100: | 15.086 | |
| Price / MA7: | -0.14% | |
| Price / MA20: | +0.84% | |
| Price / MA50: | +1.70% | |
| Price / MA100: | +1.18% | |
| Price / MAexp7: | -0.13% | |
| Price / MAexp20: | -0.30% | |
| Price / MAexp50: | -0.38% | |
| Price / MAexp100: | -0.27% |
This member declared not having a position on this financial instrument or a related financial instrument.
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