NZD/HUF
NZD HUF
- HUF (-)
- Real time data - Forex
Open: -
Change: -
Volume: -
Low: -
High: -
High / Low range: -
Type: Forex
Ticker: NZDHUF
ISIN:

NZD/HUF - 1H - Technical analysis published on 02/06/2025 (GMT)

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  • Timeframe : 1H
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Summary of the analysis

Trends
Short term: Strongly bullish
Underlying: Strongly bullish
Technical indicators
72%
11%
17%
My opinion
Bullish above 221.76 HUF
My targets
222.83 HUF (+0.66)
223.96 HUF (+1.79)
My analysis
All elements being clearly bullish, it would be possible for traders to trade only long positions (at the time of purchase) on NZD/HUF as long as the price remains well above 221.76 HUF. The buyers' bullish objective is set at 222.83 HUF. A bullish break in this resistance would boost the bullish momentum. The buyers could then target the resistance located at 223.96 HUF. If there is any crossing, the next objective would be the resistance located at 226.72 HUF. However, beware of bullish excesses that could lead to a possible short-term correction; but this possible correction would not be tradeable.

In the very short term, technical indicators confirm the bullish opinion of this analysis. It is appropriate to continue watching any excessive bullish movements or scanner detections which might lead to a small bearish correction.
Force
0
10
7.7

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:
15 min. Daily Weekly

Additional analysis

Quotes

The NZD/HUF price is 222.17 HUF. The price registered a decrease of -0.01% on the session with the lowest point at 221.59 HUF and the highest point at 222.37 HUF. The deviation from the price is +0.26% for the low point and -0.09% for the high point.

221.59
222.37
222.17

Here is a more detailed summary of the historical variations registered by NZD/HUF:
The Central Records scanner for higher/lower results shows the following items:

Central Records

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 this 1H chart of NZD/HUF indicates that the overall trend is strongly bullish. 89.29% of the signals given by moving averages are bullish. The overall trend is supported by the strong bullish signals from short-term moving averages. The Central Indicators market scanner is currently detecting several bullish signals that could impact this trend:

Central Indicators

Bullish trend reversal : Moving Average 50

Type : Bullish

Timeframe : 1 hour


Bullish trend reversal : Moving Average 100

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


Bullish trend reversal : adaptative moving average 100

Type : Bullish

Timeframe : 1 hour



The probability of a further increase is high given the direction of the technical indicators.
Caution: the Central Indicators scanner currently detects an excess:

Central Indicators

CCI indicator is overbought : over 100

Type : Neutral

Timeframe : 1 hour


Williams %R indicator is overbought : over -20

Type : Neutral

Timeframe : 1 hour

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

Central Indicators

MACD crosses UP its Moving Average

Type : Bullish

Timeframe : 1 hour


Parabolic SAR indicator bullish reversal

Type : Bullish

Timeframe : 1 hour



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

Central Patterns

Near support of channel

Type : Bullish

Timeframe : 1 hour



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


ProTrendLines
S3
S2
S1
R1
R2
R3
Price


S3S2S1PriceR1R2R3
ProTrendLines 220.47 221.19 221.76 222.17 222.21 222.83 223.96
Change (%) -0.77% -0.44% -0.18% - +0.02% +0.30% +0.81%
Change -1.70 -0.98 -0.41 - +0.04 +0.66 +1.79
Level Minor Intermediate Major - Minor Minor 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
Standard220.39220.79221.49221.89222.59222.99223.69
Camarilla221.89221.99222.09222.19222.29222.39222.49
Woodie220.54220.87221.64221.97222.74223.07223.84
Fibonacci220.79221.21221.47221.89222.31222.57222.99


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard217.71218.80220.31221.40222.91224.00225.51
Camarilla221.10221.33221.57221.81222.05222.29222.53
Woodie217.91218.91220.51221.51223.11224.11225.71
Fibonacci218.80219.80220.41221.40222.40223.01224.00


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard210.96215.43218.62223.09226.28230.75233.94
Camarilla219.70220.41221.11221.81222.51223.21223.92
Woodie210.32215.11217.98222.77225.64230.43233.30
Fibonacci215.43218.36220.16223.09226.02227.82230.75

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): 59.91
MACD (12,26,9): 0.0500
Directional Movement: 6.07
AROON (14): 71.43
DEMA (21): 221.96
Parabolic SAR (0,02-0,02-0,2): 221.59
Elder Ray (13): 0.30
Super Trend (3,10): 221.34
Zig ZAG (10): 222.24
VORTEX (21): 1.1000
Stochastique (14,3,5): 60.61
TEMA (21): 221.98
Williams %R (14): -11.76
Chande Momentum Oscillator (20): 0.24
Repulse (5,40,3): 0.2300
ROCnROLL: 1
TRIX (15,9): 0.0000
Courbe Coppock: 0.07
MA7: 221.88
MA20: 223.03
MA50: 224.98
MA100: 224.99
MAexp7: 221.96
MAexp20: 221.90
MAexp50: 221.84
MAexp100: 221.80
Price / MA7: +0.13%
Price / MA20: -0.39%
Price / MA50: -1.25%
Price / MA100: -1.25%
Price / MAexp7: +0.09%
Price / MAexp20: +0.12%
Price / MAexp50: +0.14%
Price / MAexp100: +0.16%

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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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…

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