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

NZD/SGD - 1H - Technical analysis published on 09/20/2023 (GMT)

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  • Timeframe : 1H
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Summary of the analysis

Trends
Short term: Neutral
Underlying: Bullish
Technical indicators
33%
22%
44%
My opinion
Bullish above 0.8103 SGD
My targets
0.8142 SGD (+0.0026)
0.8226 SGD (+0.0110)
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/SGD. As long as you are above the support located at 0.8103 SGD, traders with an aggressive trading strategy could consider a purchase. A cross of the resistance located at 0.8142 SGD would be a signal that the basic trade will reverse and the short-term trend could then quickly become bullish. Buyers would then use the next resistance located at 0.8226 SGD as an objective. Crossing it would then enable buyers to target 0.8456 SGD. If the support 0.8103 SGD were to be broken, this would simply be a sign of a possible continuation of short-term consolidation and trading against the trend would then perhaps be more risky.

Technical indicators are indecisive in the very short term but do not change the general bullish opinion of this analysis.
Force
0
10
3.6

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.

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This analysis was given by Londinia. Take part yourself by sharing additional analysis on another time unit:
15 min. Daily Weekly

Additional analysis

Quotes

NZD/SGD rating 0.8116 SGD. The price registered a decrease of -0.03% on the session with the lowest point at 0.8099 SGD and the highest point at 0.8142 SGD. The deviation from the price is +0.21% for the low point and -0.32% for the high point.

0.8099
0.8142
0.8116

Here is a more detailed summary of the historical variations registered by NZD/SGD:
The Central Records scanner, which identifies the highest / lowest, has detected several elements:

Central Records

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


New HIGH record (1 month)

Type : Bullish

Timeframe : Weekly



Technical


A technical analysis in 1H of this NZD/SGD chart shows a bullish trend. The signals given by moving averages are 75.00% bullish. This bullish trend could slow down given the neutral signals currently being given by short-term moving averages. The Central Indicators scanner detects bearish signals on moving averages that could impact this trend:

Central Indicators

Bearish price crossover with Moving Average 20

Type : Bearish

Timeframe : 1 hour


Bearish price crossover with adaptative moving average 20

Type : Bearish

Timeframe : 1 hour


Bearish price crossover with adaptative moving average 50

Type : Bearish

Timeframe : 1 hour



On the 18 technical indicators analysed, 6 are bullish, 8 are neutral and 4 are bearish. But beware of excesses. The Central Indicators scanner currently detects this:

Central Indicators

RSI indicator: bearish divergence

Type : Bearish

Timeframe : 1 hour


Williams %R indicator is oversold : under -80

Type : Neutral

Timeframe : 1 hour

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

Central Indicators

Pivot points : price is over resistance 1

Type : Neutral

Timeframe : Weekly


RSI indicator is back under 50

Type : Bearish

Timeframe : 1 hour


MACD crosses DOWN its Moving Average

Type : Bearish

Timeframe : 1 hour


Parabolic SAR indicator bearish reversal

Type : Bearish

Timeframe : 1 hour



The analysis of the price chart with Central Patterns scanners does not return any result.

Central Candlesticks, the scanner specialised in Japanese candlesticks, detects a bearish signal that could support the hypothesis of a small drop in the very short term:

Central Candlesticks

Long black line

Type : Bearish

Timeframe : 1 hour




ProTrendLines
S3
S2
S1
R1
R2
R3
Price


S3S2S1PriceR1R2R3
ProTrendLines 0.8071 0.8084 0.8103 0.8116 0.8142 0.8226 0.8456
Change (%) -0.55% -0.39% -0.16% - +0.32% +1.36% +4.19%
Change -0.0045 -0.0032 -0.0013 - +0.0026 +0.0110 +0.0340
Level Minor Intermediate Minor - Minor Intermediate Major



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

Daily
Pivot points S3 S2 S1 PP R1 R2 R3
Standard0.80180.80410.80790.81020.81400.81630.8201
Camarilla0.81010.81070.81120.81180.81240.81290.8135
Woodie0.80270.80450.80880.81060.81490.81670.8210
Fibonacci0.80410.80640.80780.81020.81250.81390.8163


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard0.79400.79760.80100.80460.80800.81160.8150
Camarilla0.80240.80300.80370.80430.80490.80560.8062
Woodie0.79380.79760.80080.80460.80780.81160.8148
Fibonacci0.79760.80030.80200.80460.80730.80900.8116


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard0.76780.78340.79530.81090.82280.83840.8503
Camarilla0.79950.80210.80460.80710.80960.81210.8147
Woodie0.76590.78250.79340.81000.82090.83750.8484
Fibonacci0.78340.79390.80040.81090.82140.82790.8384

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): 51.01
MACD (12,26,9): 0.0009
Directional Movement: -2.0074
AROON (14): 100.0000
DEMA (21): 0.8129
Parabolic SAR (0,02-0,02-0,2): 0.8140
Elder Ray (13): -0.0001
Super Trend (3,10): 0.8103
Zig ZAG (10): 0.8116
VORTEX (21): 1.0520
Stochastique (14,3,5): 72.34
TEMA (21): 0.8131
Williams %R (14): -73.17
Chande Momentum Oscillator (20): 0.0006
Repulse (5,40,3): -0.2623
ROCnROLL: -1
TRIX (15,9): 0.0169
Courbe Coppock: 0.51
MA7: 0.8071
MA20: 0.8046
MA50: 0.8132
MA100: 0.8216
MAexp7: 0.8126
MAexp20: 0.8118
MAexp50: 0.8101
MAexp100: 0.8085
Price / MA7: +0.56%
Price / MA20: +0.87%
Price / MA50: -0.20%
Price / MA100: -1.22%
Price / MAexp7: -0.12%
Price / MAexp20: -0.02%
Price / MAexp50: +0.19%
Price / MAexp100: +0.38%

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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