NZD/SEK
17.05
SEK
(-0.87%)
03/27/2025 - 08:10
Open Real time data - Forex
| Open: | 17.05 |
| Change: | -0.15 |
| Volume: | 1,053 |
| Low: | 17.05 |
| High: | 17.05 |
| High / Low range: | 0 |
| Type: | Forex |
| Ticker: | NZDSEK |
| ISIN: |
NZD/SEK - Daily - Technical analysis published on 04/25/2023 (GMT)
- 169
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- 04/25/2023 - 20:35
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- Timeframe : Daily
- - Analysis generated on 04/25/2023 - 20:35
- Status : INVALID
Summary of the analysis
Trends
Short term:
Strongly bearish
Underlying:
Strongly bearish
Technical indicators
17%
67%
17%
My opinion
Bearish under 6.4030 SEK
My targets
6.2169 SEK (-0.1083)
6.0920 SEK (-0.2332)
My analysis
The bearish trend is currently very strong for NZD/SEK. As long as the price remains below the resistance at 6.4030 SEK, you could try to take advantage of the bearish rally. The first bearish objective is located at 6.2169 SEK. The bearish momentum would be revived by a break in this support. Sellers would then use the next support located at 6.0920 SEK as an objective. Crossing it would then enable sellers to target 5.8469 SEK. Be careful, given the powerful bearish rally underway, excesses could lead to a short-term rebound. If this is the case, remember that trading against the trend may be riskier. It would seem more appropriate to wait for a signal indicating reversal of the trend.
In the very short term, the general bearish sentiment is confirmed by technical indicators. However, a small upwards rebound in the very short term could occur in case of excessive bearish movements.
Force
0
10
7.7
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This analysis was given by Londinia. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
NZD/SEK rating 6.3252 SEK. On the day, this instrument gained +0.00% and was traded between 6.3094 SEK and 6.3442 SEK over the period. The price is currently at +0.25% from its lowest and -0.30% from its highest.6.3094
6.3442
6.3252
The Central Gaps scanner detects a bearish opening. A small advantage for sellers in the very short term.
Bearish opening
Type : Bearish
Timeframe : Openning
A study of price movements over other periods shows the following variations:
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
Technical analysis of this Daily chart of NZD/SEK indicates that the overall trend is strongly bearish. 92.86% of the signals given by moving averages are bearish. This strongly bearish trend is supported by the strong bearish signals given by short-term moving averages. There is no crossing of moving average by the price or crossing of moving averages between themselves.
In fact, 12 technical indicators on 18 studied are currently bearish. Caution: the Central Indicators scanner currently detects an excess:
CCI indicator is oversold : under -100
Type : Neutral
Timeframe : Daily
Williams %R indicator is oversold : under -80
Type : Neutral
Timeframe : Daily
The Central Patterns scanner, which studies chart patterns, resistances and supports, has identified these signals:
Near horizontal support
Type : Bullish
Timeframe : Daily
Support of channel is broken
Type : Bearish
Timeframe : Daily
The Central Candlesticks scanner which studies Japanese candlesticks did not detect anything.
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 6.0920 | 6.2169 | 6.3014 | 6.3252 | 6.4030 | 6.5089 | 6.6176 |
| Change (%) | -3.69% | -1.71% | -0.38% | - | +1.23% | +2.90% | +4.62% |
| Change | -0.2332 | -0.1083 | -0.0238 | - | +0.0778 | +0.1837 | +0.2924 |
| Level | Minor | Major | Major | - | Intermediate | Intermediate | 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 | 6.2623 | 6.2810 | 6.3032 | 6.3219 | 6.3441 | 6.3628 | 6.3850 |
| Camarilla | 6.3142 | 6.3179 | 6.3217 | 6.3254 | 6.3292 | 6.3329 | 6.3367 |
| Woodie | 6.2641 | 6.2819 | 6.3050 | 6.3228 | 6.3459 | 6.3637 | 6.3868 |
| Fibonacci | 6.2810 | 6.2966 | 6.3063 | 6.3219 | 6.3375 | 6.3472 | 6.3628 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 6.1748 | 6.2473 | 6.2852 | 6.3577 | 6.3956 | 6.4681 | 6.5060 |
| Camarilla | 6.2927 | 6.3029 | 6.3130 | 6.3231 | 6.3332 | 6.3433 | 6.3535 |
| Woodie | 6.1575 | 6.2387 | 6.2679 | 6.3491 | 6.3783 | 6.4595 | 6.4887 |
| Fibonacci | 6.2473 | 6.2895 | 6.3155 | 6.3577 | 6.3999 | 6.4259 | 6.4681 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 5.8590 | 6.0512 | 6.2741 | 6.4663 | 6.6892 | 6.8814 | 7.1043 |
| Camarilla | 6.3828 | 6.4208 | 6.4589 | 6.4969 | 6.5350 | 6.5730 | 6.6111 |
| Woodie | 5.8743 | 6.0589 | 6.2894 | 6.4740 | 6.7045 | 6.8891 | 7.1196 |
| Fibonacci | 6.0512 | 6.2098 | 6.3078 | 6.4663 | 6.6249 | 6.7229 | 6.8814 |
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): | 36.35 | |
| MACD (12,26,9): | -0.0459 | |
| Directional Movement: | -16.1538 | |
| AROON (14): | -85.7142 | |
| DEMA (21): | 6.3684 | |
| Parabolic SAR (0,02-0,02-0,2): | 6.5284 | |
| Elder Ray (13): | -0.0699 | |
| Super Trend (3,10): | 6.5002 | |
| Zig ZAG (10): | 6.3315 | |
| VORTEX (21): | 0.9095 | |
| Stochastique (14,3,5): | 7.14 | |
| TEMA (21): | 6.3431 | |
| Williams %R (14): | -89.10 | |
| Chande Momentum Oscillator (20): | -0.2089 | |
| Repulse (5,40,3): | -0.4866 | |
| ROCnROLL: | 2 | |
| TRIX (15,9): | -0.0652 | |
| Courbe Coppock: | 4.71 |
| MA7: | 6.3623 | |
| MA20: | 6.4485 | |
| MA50: | 6.4796 | |
| MA100: | 6.5554 | |
| MAexp7: | 6.3625 | |
| MAexp20: | 6.4221 | |
| MAexp50: | 6.4781 | |
| MAexp100: | 6.5035 | |
| Price / MA7: | -0.58% | |
| Price / MA20: | -1.91% | |
| Price / MA50: | -2.38% | |
| Price / MA100: | -3.51% | |
| Price / MAexp7: | -0.59% | |
| Price / MAexp20: | -1.51% | |
| Price / MAexp50: | -2.36% | |
| Price / MAexp100: | -2.74% |
Quotes :
04/25/2023 - 20:35
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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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