NZD/HKD - 1H - Technical analysis published on 01/31/2025 (GMT)
- 76
- 0
I am delighted to see that my first price objective has been achieved. I hope you've taken advantage of it.
Click here for a new analysis!
Click here for a new analysis!
- Timeframe : 1H
- - Analysis generated on
- Status : TARGET REACHED
Summary of the analysis
Trends
Short term:
Neutral
Underlying:
Bearish
Technical indicators
39%
28%
33%
My opinion
Bearish under 4.4172 HKD
My targets
4.3813 HKD (-0.0182)
4.3700 HKD (-0.0295)
My analysis
Has the basic bearish trend slowed or is it lacking in power? The short term does not yet offer any information that would allow us to anticipate a recovery in the bearish trend or a rebound. Sellers' generally have the upper hand, even if a small correction (not tradeable) on the resistance located at 4.4172 HKD remains possible. It is advisable to trade NZD/HKD with the greatest caution, while favouring short positions (for sale) as long as the price remains well below 4.4172 HKD. The next bearish objective for sellers is set at 4.3813 HKD. A bearish break of this support would revive the bearish momentum. The sellers could then target the support located at 4.3700 HKD. In case of crossing, the next objective would be the support located at 3.8223 HKD. PS: if there is a bullish break in the resistance located at 4.4172 HKD we suggest that you produce a new automated technical analysis. In fact, conditions should have changed. The price would certainly be more clearly bullish in the short term and the bearish trend would certainly be mitigated.
Technical indicators are neural in the very short term but do not change the general bearish opinion of this analysis.
Force
0
10
2.9
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 hsokkar. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
NZD/HKD rating 4.3995 HKD. On the day, this instrument gained +0.21% and was between 4.3821 HKD and 4.4123 HKD. This implies that the price is at +0.40% from its lowest and at -0.29% from its highest.4.3821
4.4123
4.3995
A study of price movements over other periods shows the following variations:
Near a new LOW record (5 years)
Type : Bearish
Timeframe : Weekly
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 LOW record (1 month)
Type : Bearish
Timeframe : Weekly
Technical
Technical analysis of NZD/HKD in 1H shows an overall bearish trend. 71.43% 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. The Central Indicators scanner detects bullish and bearish signals on moving averages that could impact this trend:
Bearish trend reversal : adaptative moving average 20
Type : Bearish
Timeframe : 1 hour
Bullish price crossover with Moving Average 20
Type : Bullish
Timeframe : 1 hour
In fact, of the 18 technical indicators analysed by Central Analyzer, 7 are bullish, 6 are neutral and 5 are bearish. Central Indicators, the scanner specialised in technical indicators, has identified these signals:
Price is back under the pivot point
Type : Bearish
Timeframe : Weekly
Momentum indicator is back over 0
Type : Bullish
Timeframe : 1 hour
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
Central Candlesticks, the scanner specialised in Japanese candlesticks, detects this inversion signal that could impact the current short-term trend:
Doji
Type : Neutral
Timeframe : 1 hour
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 3.8223 | 4.3700 | 4.3813 | 4.3995 | 4.4001 | 4.4172 | 4.4440 |
| Change (%) | -13.12% | -0.67% | -0.41% | - | +0.01% | +0.40% | +1.01% |
| Change | -0.5772 | -0.0295 | -0.0182 | - | +0.0006 | +0.0177 | +0.0445 |
| Level | Intermediate | Major | Minor | - | Intermediate | Major | Intermediate |
Attention could also be paid to pivot points to set price objectives:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 4.3404 | 4.3608 | 4.3757 | 4.3961 | 4.4110 | 4.4314 | 4.4463 |
| Camarilla | 4.3808 | 4.3840 | 4.3873 | 4.3905 | 4.3937 | 4.3970 | 4.4002 |
| Woodie | 4.3376 | 4.3594 | 4.3729 | 4.3947 | 4.4082 | 4.4300 | 4.4435 |
| Fibonacci | 4.3608 | 4.3743 | 4.3827 | 4.3961 | 4.4096 | 4.4180 | 4.4314 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 4.2585 | 4.3008 | 4.3724 | 4.4147 | 4.4863 | 4.5286 | 4.6002 |
| Camarilla | 4.4127 | 4.4231 | 4.4336 | 4.4440 | 4.4544 | 4.4649 | 4.4753 |
| Woodie | 4.2732 | 4.3081 | 4.3871 | 4.4220 | 4.5010 | 4.5359 | 4.6149 |
| Fibonacci | 4.3008 | 4.3443 | 4.3712 | 4.4147 | 4.4582 | 4.4851 | 4.5286 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 3.9881 | 4.1643 | 4.2550 | 4.4312 | 4.5219 | 4.6981 | 4.7888 |
| Camarilla | 4.2722 | 4.2967 | 4.3211 | 4.3456 | 4.3701 | 4.3945 | 4.4190 |
| Woodie | 3.9453 | 4.1429 | 4.2122 | 4.4098 | 4.4791 | 4.6767 | 4.7460 |
| Fibonacci | 4.1643 | 4.2663 | 4.3293 | 4.4312 | 4.5332 | 4.5962 | 4.6981 |
Numerical data
The following are the details of the technical indicators and moving averages that were collected to generate this technical analysis:
Technical indicators
Moving averages
| RSI (14): | 48.35 | |
| MACD (12,26,9): | -0.0004 | |
| Directional Movement: | -4.1414 | |
| AROON (14): | 50.0000 | |
| DEMA (21): | 4.3979 | |
| Parabolic SAR (0,02-0,02-0,2): | 4.3894 | |
| Elder Ray (13): | -0.0027 | |
| Super Trend (3,10): | 4.4105 | |
| Zig ZAG (10): | 4.3980 | |
| VORTEX (21): | 0.9505 | |
| Stochastique (14,3,5): | 49.62 | |
| TEMA (21): | 4.3991 | |
| Williams %R (14): | -61.98 | |
| Chande Momentum Oscillator (20): | 0.0015 | |
| Repulse (5,40,3): | -0.0185 | |
| ROCnROLL: | 2 | |
| TRIX (15,9): | -0.0019 | |
| Courbe Coppock: | 0.30 |
| MA7: | 4.4131 | |
| MA20: | 4.3875 | |
| MA50: | 4.4424 | |
| MA100: | 4.5861 | |
| MAexp7: | 4.3990 | |
| MAexp20: | 4.3992 | |
| MAexp50: | 4.4016 | |
| MAexp100: | 4.4054 | |
| Price / MA7: | -0.31% | |
| Price / MA20: | +0.27% | |
| Price / MA50: | -0.97% | |
| Price / MA100: | -4.07% | |
| Price / MAexp7: | +0.01% | |
| Price / MAexp20: | +0.01% | |
| Price / MAexp50: | -0.05% | |
| Price / MAexp100: | -0.13% |
Quotes :
-
Real time data
-
Forex
This member declared not having a position on this financial instrument or a related financial instrument.
About author
Online
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/HKD - 1H