NZD/CHF

- CHF (-)

- Real time data - Forex

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Change:	-
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High / Low range:	-

Type:	Forex
Ticker:	NZDCHF
ISIN:

NZD/CHF - 1H - Technical analysis published on 03/19/2024 (GMT)

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Timeframe : 1H
- Analysis generated on
Status : INVALID

Summary of the analysis

Trends

Short term: Strongly bearish

Underlying: Strongly bearish

Technical indicators

22%

56%

22%

My opinion

Bearish under 0.5375 CHF

My targets

0.5357 CHF (-0.0012)

0.5299 CHF (-0.0070)

My analysis

The bearish trend is currently very strong for NZD/CHF. As long as the price remains below the resistance at 0.5375 CHF, you could try to take advantage of the bearish rally. The first bearish objective is located at 0.5357 CHF. The bearish momentum would be revived by a break in this support. Sellers would then use the next support located at 0.5299 CHF as an objective. Crossing it would then enable sellers to target 0.5256 CHF. 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 not called into question, despite technical indicators being neutral.

Force

6.8

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 dtaccori. Take part yourself by sharing additional analysis on another time unit:

Additional analysis

Quotes

NZD/CHF rating 0.5369 CHF. The price is lower by -0.52% since the last closing with the lowest point at 0.5356 CHF and the highest point at 0.5401 CHF. The deviation from the price is +0.24% for the low point and -0.59% for the high point.

0.5356

0.5401

0.5369

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

So that you have an overall view of the price change, here is a table showing the variations over several periods:

The Central Records scanner, which identifies the highest / lowest, has detected several elements:

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

Near a new HIGH record (1 month)

Type : Bullish

Timeframe : Weekly

Technical

Technical analysis of this 1H chart of NZD/CHF indicates that the overall trend is strongly bearish. 89.29% 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.

On the 18 technical indicators analysed, 4 are bullish, 4 are neutral and 10 are bearish. Caution: the Central Indicators scanner currently detects an excess:

CCI indicator is oversold : under -100

Type : Neutral

Timeframe : 1 hour

The Central Indicators scanner found this result concerning these indicators:

Pivot points : price is under support 1

Type : Neutral

Timeframe : 1 hour

Central Patterns, the market scanner focusing on chart patterns, resistances and supports found these results:

Near horizontal support

Type : Bullish

Timeframe : 1 hour

Support of channel is broken

Type : Bearish

Timeframe : 1 hour

No result was found by the Central Candlesticks scanner on Japanese candlesticks.

ProTrendLines

Price

	S3	S2	S1	R1	Price	R2	R3
ProTrendLines	0.5256	0.5299	0.5357	0.5369	0.5369	0.5375	0.5386
Change (%)	-2.10%	-1.30%	-0.22%	0%	-	+0.11%	+0.32%
Change	-0.0113	-0.0070	-0.0012	0	-	+0.0006	+0.0017
Level	Intermediate	Minor	Intermediate	Minor	-	Intermediate	Minor

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	0.5343	0.5358	0.5377	0.5392	0.5411	0.5426	0.5445
Camarilla	0.5388	0.5391	0.5394	0.5397	0.5400	0.5403	0.5406
Woodie	0.5346	0.5359	0.5380	0.5393	0.5414	0.5427	0.5448
Fibonacci	0.5358	0.5371	0.5379	0.5392	0.5405	0.5413	0.5426

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	0.5294	0.5332	0.5354	0.5392	0.5414	0.5452	0.5474
Camarilla	0.5361	0.5366	0.5372	0.5377	0.5383	0.5388	0.5394
Woodie	0.5287	0.5328	0.5347	0.5388	0.5407	0.5448	0.5467
Fibonacci	0.5332	0.5355	0.5369	0.5392	0.5415	0.5429	0.5452

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	0.5014	0.5121	0.5252	0.5359	0.5490	0.5597	0.5728
Camarilla	0.5319	0.5340	0.5362	0.5384	0.5406	0.5428	0.5450
Woodie	0.5027	0.5127	0.5265	0.5365	0.5503	0.5603	0.5741
Fibonacci	0.5121	0.5212	0.5268	0.5359	0.5450	0.5506	0.5597

Numerical data

The following are the details of the technical indicators and moving averages that were collected to generate this technical analysis:

Technical indicators

Moving averages

RSI (14):	39.28
MACD (12,26,9):	-0.0005
Directional Movement:	-11.2687
AROON (14):	-78.5714
DEMA (21):	0.5376
Parabolic SAR (0,02-0,02-0,2):	0.5376
Elder Ray (13):	-0.0008
Super Trend (3,10):	0.5392
Zig ZAG (10):	0.5372
VORTEX (21):	0.8958
Stochastique (14,3,5):	35.20
TEMA (21):	0.5372
Williams %R (14):	-64.44
Chande Momentum Oscillator (20):	-0.0026
Repulse (5,40,3):	0.0425
ROCnROLL:	2
TRIX (15,9):	-0.0061
Courbe Coppock:	0.93

MA7:	0.5397
MA20:	0.5406
MA50:	0.5354
MA100:	0.5353
MAexp7:	0.5374
MAexp20:	0.5381
MAexp50:	0.5387
MAexp100:	0.5393
Price / MA7:	-0.52%
Price / MA20:	-0.68%
Price / MA50:	+0.28%
Price / MA100:	+0.30%
Price / MAexp7:	-0.09%
Price / MAexp20:	-0.22%
Price / MAexp50:	-0.33%
Price / MAexp100:	-0.45%

Quotes : - Real time data - Forex

News

The latest news and videos published on NZD/CHF at the time of the analysis were 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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