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

EUR/NZD - Daily - Technical analysis published on 02/13/2022 (GMT)

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  • Timeframe : Daily
  • - Analysis generated on
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Summary of the analysis

Trends
Short term: Strongly bullish
Underlying: Strongly bullish
Technical indicators
44%
22%
33%
My opinion
Bullish above 1.6805 NZD
My targets
1.7349 NZD (+0.0281)
1.7614 NZD (+0.0546)
My analysis
EUR/NZD is part of a very strong bullish trend. Traders may consider trading only long positions (at the time of purchase) as long as the price remains well above 1.6805 NZD. The next resistance located at 1.7349 NZD is the next bullish objective to be reached. A bullish break in this resistance would boost the bullish momentum. The bullish movement could then continue towards the next resistance located at 1.7614 NZD. After this resistance, buyers could then target 1.7928 NZD. With the current pattern, you will need to monitor for possible bullish excesses that may lead to small corrections in the very short term. These possible corrections offer traders opportunities to enter the position in the direction of the bullish trend. Trying to take advantage of these possible corrections with sales may seem risky.

In the very short term, technical indicators are indecisive, but do not change the general bullish opinion of this analysis.
Force
0
10
6.8

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 gerry555463435435436. Take part yourself by sharing additional analysis on another time unit:
15 min. 1H Weekly

Additional analysis

Quotes

The EUR/NZD price is 1.7068 NZD. On the day, this instrument lost -0.30% and was traded between 1.7022 NZD and 1.7167 NZD over the period. The price is currently at +0.27% from its lowest and -0.58% from its highest.

1.7022
1.7167
1.7068

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 HIGH record (1 year)

Type : Bullish

Timeframe : Weekly


Near a new LOW record (1st january)

Type : Bearish

Timeframe : Weekly


Near a new LOW record (1 month)

Type : Bearish

Timeframe : Weekly



Technical


Technical analysis of this Daily chart of EUR/NZD indicates that the overall trend is strongly bullish. The signals given by the moving averages are 92.86% bullish. This strong bullish trend is confirmed by the strong signals currently being given by short-term moving averages. The Central Indicators market scanner currently does not detect any result that concerns moving averages.

An assessment of technical indicators does not currently provide any relevant information on the direction of future price movements.
Other results related to technical indicators were also found by the Central Indicators scanner:

Central Indicators

MACD crosses DOWN its Moving Average

Type : Bearish

Timeframe : Daily


Price is back under the pivot point

Type : Bearish

Timeframe : Daily


Price is back under the pivot point

Type : Bearish

Timeframe : Weekly


Williams %R indicator is back under -50

Type : Bearish

Timeframe : Daily



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

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


ProTrendLines
S3
S2
S1
R1
R2
R3
Price


S3S2S1PriceR1R2R3
ProTrendLines 1.6626 1.6805 1.7021 1.7068 1.7114 1.7349 1.7614
Change (%) -2.59% -1.54% -0.28% - +0.27% +1.65% +3.20%
Change -0.0442 -0.0263 -0.0047 - +0.0046 +0.0281 +0.0546
Level Intermediate Intermediate Intermediate - Major Major 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
Standard1.68591.69411.70041.70861.71491.72311.7294
Camarilla1.70281.70411.70551.70681.70811.70951.7108
Woodie1.68511.69361.69961.70811.71411.72261.7286
Fibonacci1.69411.69961.70301.70861.71411.71751.7231


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard1.65851.68031.69361.71541.72871.75051.7638
Camarilla1.69721.70041.70361.70681.71001.71321.7165
Woodie1.65421.67821.68931.71331.72441.74841.7595
Fibonacci1.68031.69371.70201.71541.72881.73711.7505


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard1.61601.63501.67121.69021.72641.74541.7816
Camarilla1.69211.69721.70221.70731.71241.71741.7225
Woodie1.62451.63931.67971.69451.73491.74971.7901
Fibonacci1.63501.65611.66921.69021.71131.72441.7454

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): 56.98
MACD (12,26,9): 0.0114
Directional Movement: 9.2417
AROON (14): 50.0000
DEMA (21): 1.7165
Parabolic SAR (0,02-0,02-0,2): 1.7354
Elder Ray (13): 0.0022
Super Trend (3,10): 1.6872
Zig ZAG (10): 1.7068
VORTEX (21): 1.1347
Stochastique (14,3,5): 50.31
TEMA (21): 1.7197
Williams %R (14): -57.33
Chande Momentum Oscillator (20): 0.0191
Repulse (5,40,3): -0.5127
ROCnROLL: -1
TRIX (15,9): 0.1008
Courbe Coppock: 3.72
MA7: 1.7168
MA20: 1.6993
MA50: 1.6801
MA100: 1.6603
MAexp7: 1.7115
MAexp20: 1.7013
MAexp50: 1.6836
MAexp100: 1.6734
Price / MA7: -0.58%
Price / MA20: +0.44%
Price / MA50: +1.59%
Price / MA100: +2.80%
Price / MAexp7: -0.27%
Price / MAexp20: +0.32%
Price / MAexp50: +1.38%
Price / MAexp100: +2.00%

Quotes : - Real time data - Forex

News


The latest news and videos published on EUR/NZD at the time of the analysis were as follows:

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

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