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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 04/12/2024 (GMT)

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  • Timeframe : 1H
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Summary of the analysis

Trends
Short term: Strongly bullish
Underlying: Bullish
Technical indicators
94%
0%
6%
My opinion
Bullish above 0.8116 SGD
My targets
0.8143 SGD (+0.0009)
0.8167 SGD (+0.0033)
My analysis
In the short term, there could be an acceleration of the basic bullish trend on NZD/SGD. This is a positive signal for buyers. As long as the price remains above 0.8116 SGD, a purchase could be considered. The first bullish objective is located at 0.8143 SGD. The bullish momentum would be boosted by a break in this resistance. Buyers would then use the next resistance located at 0.8167 SGD as an objective. Crossing it would then enable buyers to target 0.8181 SGD. In the event of a return below 0.8116 SGD, the price would probably only initiate a small short-term correction to improve the bullish trend. Trading this correction may be risky.

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
6.3

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

The NZD/SGD rating is 0.8134 SGD. The price has increased by +0.20% since the last closing with the lowest point at 0.8116 SGD and the highest point at 0.8136 SGD. The deviation from the price is +0.22% for the low point and -0.02% for the high point.

0.8116
0.8136
0.8134

A study of price movements over other periods shows the following variations:
The Central Records scanner for higher/lower results shows the following items:

Central Records

Near a new LOW record (5 years)

Type : Bearish

Timeframe : Weekly


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


A technical analysis in 1H of this NZD/SGD chart shows a bullish trend. 64.29% of the signals given by moving averages are bullish. This bullish trend is supported by the strong bullish signals given by short-term moving averages. The Central Indicators scanner detects bullish signals on moving averages that could impact this trend:

Central Indicators

Bullish price crossover with Moving Average 100

Type : Bullish

Timeframe : 1 hour


Bullish price crossover with adaptative moving average 100

Type : Bullish

Timeframe : 1 hour



An assessment of technical indicators shows a strong bullish signal.
But beware of excesses. The Central Indicators scanner currently detects this:

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

Central Indicators, the detector scanner for these technical indicators has recently detected several signals:

Central Indicators

Aroon indicator bullish trend

Type : Bullish

Timeframe : 1 hour


Ichimoku : price is over the cloud

Type : Bullish

Timeframe : 1 hour



No signals are given by Central Patterns, a market scanner specialised in chart patterns, resistances and supports.

The Central Candlesticks scanner which studies Japanese candlesticks did not detect anything.


ProTrendLines
S3
S2
S1
R1
R2
R3
Price


S3S2S1PriceR1R2R3
ProTrendLines 0.8103 0.8116 0.8131 0.8134 0.8143 0.8167 0.8181
Change (%) -0.38% -0.22% -0.04% - +0.11% +0.41% +0.58%
Change -0.0031 -0.0018 -0.0003 - +0.0009 +0.0033 +0.0047
Level Minor Minor Intermediate - Major 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
Standard0.80470.80670.80920.81120.81370.81570.8182
Camarilla0.81060.81100.81140.81180.81220.81260.8130
Woodie0.80510.80680.80960.81130.81410.81580.8186
Fibonacci0.80670.80840.80950.81120.81290.81400.8157


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard0.79460.79920.80500.80960.81540.82000.8258
Camarilla0.80790.80890.80990.81080.81180.81270.8137
Woodie0.79520.79950.80560.80990.81600.82030.8264
Fibonacci0.79920.80320.80560.80960.81360.81600.8200


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard0.77780.79120.79910.81250.82040.83380.8417
Camarilla0.80100.80300.80500.80690.80890.81080.8128
Woodie0.77500.78980.79630.81110.81760.83240.8389
Fibonacci0.79120.79940.80440.81250.82070.82570.8338

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): 64.51
MACD (12,26,9): 0.0004
Directional Movement: 16.4729
AROON (14): 71.4286
DEMA (21): 0.8117
Parabolic SAR (0,02-0,02-0,2): 0.8089
Elder Ray (13): 0.0014
Super Trend (3,10): 0.8098
Zig ZAG (10): 0.8134
VORTEX (21): 1.1350
Stochastique (14,3,5): 83.57
TEMA (21): 0.8124
Williams %R (14): -6.12
Chande Momentum Oscillator (20): 0.0021
Repulse (5,40,3): 0.1676
ROCnROLL: 1
TRIX (15,9): 0.0006
Courbe Coppock: 0.40
MA7: 0.8123
MA20: 0.8104
MA50: 0.8178
MA100: 0.8214
MAexp7: 0.8122
MAexp20: 0.8114
MAexp50: 0.8116
MAexp100: 0.8118
Price / MA7: +0.14%
Price / MA20: +0.37%
Price / MA50: -0.54%
Price / MA100: -0.97%
Price / MAexp7: +0.15%
Price / MAexp20: +0.25%
Price / MAexp50: +0.22%
Price / MAexp100: +0.20%

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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