NZD/SGD - 1H - Technical analysis published on 01/14/2025 (GMT)
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- Timeframe : 1H
- - Analysis generated on
- Status : TARGET REACHED
Summary of the analysis
Trends
Short term:
Bullish
Underlying:
Bullish
Technical indicators
39%
28%
33%
My opinion
Bullish above 0.7652 SGD
My targets
0.7679 SGD (+0.0015)
0.7701 SGD (+0.0037)
My analysis
A bullish trend on NZD/SGD both in substance and in the short term. A purchase could be considered as long as the price remains above 0.7652 SGD. Each resistance break is a strong signal that the current trend will continue. The first bullish objective would be 0.7679 SGD. Then the price could move towards 0.7701 SGD. Then 0.7723 SGD by extension. Be careful, a return below 0.7652 SGD would be a sign of the trend weakening and a possible correction phase could then occur. In this case, you could keep away while waiting for a signal that the basic trend will resume. Trading against the trend could be riskier.
Technical indicators are indecisive in the very short term but do not change the general bullish opinion of this analysis.
Force
0
10
3
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This analysis was given by hsokkar. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
NZD/SGD rating 0.7664 SGD. The price has increased by +0.00% since the last closing with the lowest point at 0.7646 SGD and the highest point at 0.7704 SGD. The deviation from the price is +0.24% for the low point and -0.52% for the high point.0.7646
0.7704
0.7664
The Central Gaps scanner detects a bullish opening marking the presence of buyers ahead of sellers at the opening but not sufficiently marked to allow the price to register a quotation gap.
Bullish opening
Type : Bullish
Timeframe : Openning
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 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/SGD indicates that the overall trend is bullish. 64.29% of the signals given by moving averages are bullish. This bullish trend shows slight signs of slowing down given the slightly bullish signals given by the short-term moving averages. The Central Indicators scanner detects bullish signals on moving averages that could impact this trend:
Bullish trend reversal : adaptative moving average 50
Type : Bullish
Timeframe : 1 hour
Bullish trend reversal : adaptative moving average 100
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 detector scanner for these technical indicators has recently detected several signals:
RSI indicator is back over 50
Type : Bullish
Timeframe : 1 hour
Price is back over the pivot point
Type : Bullish
Timeframe : Weekly
An analysis of the price chart with the Central Patterns scanner (detector of chart patterns and resistances and supports) shows a result that can have an impact on the price change:
Near resistance of channel
Type : Bearish
Timeframe : 1 hour
The Central Candlesticks scanner, specialised in Japanese candlesticks, did not identify any signals.
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 0.7619 | 0.7636 | 0.7652 | 0.7664 | 0.7666 | 0.7679 | 0.7701 |
| Change (%) | -0.59% | -0.37% | -0.16% | - | +0.03% | +0.20% | +0.48% |
| Change | -0.0045 | -0.0028 | -0.0012 | - | +0.0002 | +0.0015 | +0.0037 |
| Level | Intermediate | Intermediate | Minor | - | Minor | Intermediate | Minor |
Attention could also be paid to pivot points to set price objectives:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.7565 | 0.7589 | 0.7627 | 0.7651 | 0.7689 | 0.7713 | 0.7751 |
| Camarilla | 0.7647 | 0.7653 | 0.7658 | 0.7664 | 0.7670 | 0.7675 | 0.7681 |
| Woodie | 0.7571 | 0.7593 | 0.7633 | 0.7655 | 0.7695 | 0.7717 | 0.7757 |
| Fibonacci | 0.7589 | 0.7613 | 0.7628 | 0.7651 | 0.7675 | 0.7690 | 0.7713 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.7446 | 0.7527 | 0.7574 | 0.7655 | 0.7702 | 0.7783 | 0.7830 |
| Camarilla | 0.7585 | 0.7597 | 0.7608 | 0.7620 | 0.7632 | 0.7644 | 0.7655 |
| Woodie | 0.7428 | 0.7519 | 0.7556 | 0.7647 | 0.7684 | 0.7775 | 0.7812 |
| Fibonacci | 0.7527 | 0.7576 | 0.7606 | 0.7655 | 0.7704 | 0.7734 | 0.7783 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.7210 | 0.7422 | 0.7529 | 0.7741 | 0.7848 | 0.8060 | 0.8167 |
| Camarilla | 0.7549 | 0.7579 | 0.7608 | 0.7637 | 0.7666 | 0.7696 | 0.7725 |
| Woodie | 0.7159 | 0.7396 | 0.7478 | 0.7715 | 0.7797 | 0.8034 | 0.8116 |
| Fibonacci | 0.7422 | 0.7544 | 0.7619 | 0.7741 | 0.7863 | 0.7938 | 0.8060 |
Numerical data
The following is the status of the technical indicators and moving averages at the time of publication of this technical analysis:
Technical indicators
Moving averages
| RSI (14): | 52.75 | |
| MACD (12,26,9): | 0.0000 | |
| Directional Movement: | 9.9333 | |
| AROON (14): | -64.2857 | |
| DEMA (21): | 0.7663 | |
| Parabolic SAR (0,02-0,02-0,2): | 0.7672 | |
| Elder Ray (13): | -0.0001 | |
| Super Trend (3,10): | 0.7690 | |
| Zig ZAG (10): | 0.7663 | |
| VORTEX (21): | 0.9492 | |
| Stochastique (14,3,5): | 23.06 | |
| TEMA (21): | 0.7658 | |
| Williams %R (14): | -65.31 | |
| Chande Momentum Oscillator (20): | -0.0016 | |
| Repulse (5,40,3): | 0.1059 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | 0.0072 | |
| Courbe Coppock: | 0.68 |
| MA7: | 0.7664 | |
| MA20: | 0.7676 | |
| MA50: | 0.7797 | |
| MA100: | 0.7910 | |
| MAexp7: | 0.7659 | |
| MAexp20: | 0.7661 | |
| MAexp50: | 0.7656 | |
| MAexp100: | 0.7656 | |
| Price / MA7: | -0% | |
| Price / MA20: | -0.16% | |
| Price / MA50: | -1.71% | |
| Price / MA100: | -3.11% | |
| Price / MAexp7: | +0.07% | |
| Price / MAexp20: | +0.04% | |
| Price / MAexp50: | +0.10% | |
| Price / MAexp100: | +0.10% |
Quotes :
-
Real time data
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Forex
This member declared not having a position on this financial instrument or a related financial instrument.
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