NZD/CHF

- CHF (-)

- Real time data - Forex

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Change:	-
Volume:	-

Low:	-
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High / Low range:	-

Type:	Forex
Ticker:	NZDCHF
ISIN:

NZD/CHF - 1H - Technical analysis published on 02/01/2024 (GMT)

Londinia

I am pleased to note that the threshold for invalidation has been maintained for 20 Candlesticks.
Click here for a new analysis!

Timeframe : 1H
- Analysis generated on
Status : LEVEL MAINTAINED

Summary of the analysis

Trends

Short term: Neutral

Underlying: Bearish

Technical indicators

56%

17%

28%

My opinion

Bearish under 0.5278 CHF

My targets

0.5248 CHF (-0.0019)

0.5242 CHF (-0.0025)

My analysis

Has the basic bearish trend slowed or is it lacking in power? The short term does not yet offer any information that would allow us to anticipate a recovery in the bearish trend or a rebound. Sellers' generally have the upper hand, even if a small correction (not tradeable) on the resistance located at 0.5278 CHF remains possible. It is advisable to trade NZD/CHF with the greatest caution, while favouring short positions (for sale) as long as the price remains well below 0.5278 CHF. The next bearish objective for sellers is set at 0.5248 CHF. A bearish break of this support would revive the bearish momentum. The sellers could then target the support located at 0.5242 CHF. In case of crossing, the next objective would be the support located at 0.5196 CHF. PS: if there is a bullish break in the resistance located at 0.5278 CHF we suggest that you produce a new automated technical analysis. In fact, conditions should have changed. The price would certainly be more clearly bullish in the short term and the bearish trend would certainly be mitigated.

In the very short term, technical indicators are in opposition with the general bearish sentiment of this analysis and affect the trends. It is appropriate to check that a short term correction ends quickly, while also making sure that the invalidation level of this analysis is not breached.

Force

1.3

Comment on the analysis

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:

Additional analysis

Quotes

The NZD/CHF price is 0.5267 CHF. The price is lower by -0.08% since the last closing with the lowest point at 0.5249 CHF and the highest point at 0.5294 CHF. The deviation from the price is +0.34% for the low point and -0.51% for the high point.

0.5249

0.5294

0.5267

Here is a more detailed summary of the historical variations registered by NZD/CHF:

The study of the highest / lowest by the Central Records scanner shows the following results:

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

A technical analysis in 1H of this NZD/CHF chart shows a bearish trend. 64.29% of the signals given by moving averages are bearish. Caution: the neutral signals currently given by short-term moving averages show us that the global trend is losing momentum. The Central Indicators market scanner is currently detecting a bearish signal that could impact this trend:

Bearish price crossover with Moving Average 20

Type : Bearish

Timeframe : 1 hour

In fact, 10 technical indicators on 18 studied are currently positioned bullish. Central Indicators, the detector scanner for these technical indicators has recently detected several signals:

RSI indicator is back under 50

Type : Bearish

Timeframe : 1 hour

Parabolic SAR indicator bullish reversal

Type : Bullish

Timeframe : 1 hour

Central Patterns, the scanner specializing in chart patterns, did not identify any signals.

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

ProTrendLines

Price

	S3	S2	S1	Price	R1	R2	R3
ProTrendLines	0.5242	0.5248	0.5265	0.5267	0.5272	0.5278	0.5289
Change (%)	-0.47%	-0.36%	-0.04%	-	+0.09%	+0.21%	+0.42%
Change	-0.0025	-0.0019	-0.0002	-	+0.0005	+0.0011	+0.0022
Level	Minor	Intermediate	Intermediate	-	Intermediate	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
Standard	0.5218	0.5240	0.5256	0.5278	0.5294	0.5316	0.5332
Camarilla	0.5261	0.5264	0.5268	0.5271	0.5275	0.5278	0.5282
Woodie	0.5214	0.5239	0.5252	0.5277	0.5290	0.5315	0.5328
Fibonacci	0.5240	0.5255	0.5264	0.5278	0.5293	0.5302	0.5316

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	0.5166	0.5211	0.5237	0.5282	0.5308	0.5353	0.5379
Camarilla	0.5244	0.5250	0.5257	0.5263	0.5270	0.5276	0.5283
Woodie	0.5157	0.5206	0.5228	0.5277	0.5299	0.5348	0.5370
Fibonacci	0.5211	0.5238	0.5255	0.5282	0.5309	0.5326	0.5353

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	0.5125	0.5186	0.5229	0.5290	0.5333	0.5394	0.5437
Camarilla	0.5242	0.5252	0.5262	0.5271	0.5281	0.5290	0.5300
Woodie	0.5115	0.5182	0.5219	0.5286	0.5323	0.5390	0.5427
Fibonacci	0.5186	0.5226	0.5251	0.5290	0.5330	0.5355	0.5394

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):	44.78
MACD (12,26,9):	-0.0003
Directional Movement:	0.7467
AROON (14):	-21.4286
DEMA (21):	0.5262
Parabolic SAR (0,02-0,02-0,2):	0.5249
Elder Ray (13):	-0.0001
Super Trend (3,10):	0.5283
Zig ZAG (10):	0.5265
VORTEX (21):	0.9104
Stochastique (14,3,5):	72.46
TEMA (21):	0.5262
Williams %R (14):	-27.27
Chande Momentum Oscillator (20):	0.0009
Repulse (5,40,3):	0.0826
ROCnROLL:	2
TRIX (15,9):	-0.0117
Courbe Coppock:	0.18

MA7:	0.5275
MA20:	0.5294
MA50:	0.5339
MA100:	0.5340
MAexp7:	0.5265
MAexp20:	0.5267
MAexp50:	0.5272
MAexp100:	0.5276
Price / MA7:	-0.15%
Price / MA20:	-0.51%
Price / MA50:	-1.35%
Price / MA100:	-1.37%
Price / MAexp7:	+0.04%
Price / MAexp20:	-0%
Price / MAexp50:	-0.09%
Price / MAexp100:	-0.17%

Quotes : - Real time data - Forex

News

The last news published on NZD/CHF at the time of the generation of this analysis was as follows:

NZDCHF at key level 77.00

This member declared not having a position on this financial instrument or a related financial instrument.

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