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

GBP/NZD - 1H - Technical analysis published on 04/24/2023 (GMT)

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

Analysis too old. There are no more charts available.

Summary of the analysis

Trends
Short term: Neutral
Underlying: Bullish
Technical indicators
33%
33%
33%
My opinion
Bullish above 2.0171 NZD
My targets
2.0370 NZD (+0.0117)
2.0517 NZD (+0.0264)
My analysis
We are currently in a phase of short-term indecision. In a case like this, you could favour trades in the direction of the basic trend on GBP/NZD. As long as you are above the support located at 2.0171 NZD, traders with an aggressive trading strategy could consider a purchase. A cross of the resistance located at 2.0370 NZD would be a signal that the basic trade will reverse and the short-term trend could then quickly become bullish. Buyers would then use the next resistance located at 2.0517 NZD as an objective. Crossing it would then enable buyers to target 2.0949 NZD. If the support 2.0171 NZD were to be broken, this would simply be a sign of a possible continuation of short-term consolidation and trading against the trend would then perhaps be more risky.

Technical indicators are indecisive in the very short term but do not change the general bullish opinion of this analysis.
Force
0
10
2.5

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.

Londinia
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 GBP/NZD price is 2.0253 NZD. The price is lower by -0.01% since the last closing and was traded between 2.0227 NZD and 2.0292 NZD over the period. The price is currently at +0.13% from its lowest and -0.19% from its highest.

2.0227
2.0292
2.0253

The Central Gaps scanner detects a bearish opening marking the presence of sellers ahead of buyers at the opening but not sufficiently marked to allow the price to register a quotation gap.

Central Gaps

Bearish opening

Type : Bearish

Timeframe : Openning



A study of price movements over other periods shows the following variations:
The study of the highest / lowest by the Central Records scanner shows the following results:

Central Records

Near a new HIGH record (1 year)

Type : Bullish

Timeframe : Weekly


New HIGH record (1st january)

Type : Bullish

Timeframe : Weekly


New HIGH record (1 month)

Type : Bullish

Timeframe : Weekly



Technical


Technical analysis of this 1H chart of GBP/NZD indicates that the overall trend is bullish. 71.43% of the signals given by moving averages are bullish. Caution: the neutral signals currently given by short-term moving averages show us that the global trend is losing momentum. The Central Indicators scanner detects bearish signals on moving averages that could impact this trend:

Central Indicators

Bearish trend reversal : Moving Average 20

Type : Bearish

Timeframe : 1 hour


Bearish trend reversal : adaptative moving average 20

Type : Bearish

Timeframe : 1 hour



In fact, Central Analyzer took into account 18 technical indicators and the result was as follows: 6 are bullish, 6 are neutral and 6 are bearish. Caution: the Central Indicators scanner currently detects an excess:

Central Indicators

CCI indicator is oversold : under -100

Type : Neutral

Timeframe : 1 hour

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

Central Indicators

RSI indicator is back under 50

Type : Bearish

Timeframe : 1 hour


Momentum indicator is back over 0

Type : Bullish

Timeframe : 1 hour



The Central Patterns scanner, which studies chart patterns, resistances and supports, has identified this signal:

Central Patterns

Near support of channel

Type : Bullish

Timeframe : 1 hour



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


ProTrendLines
S3
S2
S1
R1
R2
R3
Price


S3S2S1PriceR1R2R3
ProTrendLines 1.9984 2.0089 2.0237 2.0253 2.0517 2.0949 2.2327
Change (%) -1.33% -0.81% -0.08% - +1.30% +3.44% +10.24%
Change -0.0269 -0.0164 -0.0016 - +0.0264 +0.0696 +0.2074
Level Intermediate Major Minor - Minor 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
Standard2.00082.00712.01622.02252.03162.03792.0470
Camarilla2.02122.02262.02402.02542.02682.02822.0296
Woodie2.00232.00782.01772.02322.03312.03862.0485
Fibonacci2.00712.01302.01662.02252.02842.03202.0379


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard1.97381.98552.00542.01712.03702.04872.0686
Camarilla2.01672.01962.02252.02542.02832.03122.0341
Woodie1.97801.98762.00962.01922.04122.05082.0728
Fibonacci1.98551.99752.00502.01712.02912.03662.0487


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard1.86171.88951.93021.95801.99872.02652.0672
Camarilla1.95221.95841.96471.97101.97731.98361.9898
Woodie1.86831.89271.93681.96122.00532.02972.0738
Fibonacci1.88951.91561.93181.95801.98412.00032.0265

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): 47.53
MACD (12,26,9): 0.0007
Directional Movement: -0.0959
AROON (14): 64.2857
DEMA (21): 2.0269
Parabolic SAR (0,02-0,02-0,2): 2.0236
Elder Ray (13): -0.0013
Super Trend (3,10): 2.0192
Zig ZAG (10): 2.0244
VORTEX (21): 0.9635
Stochastique (14,3,5): 41.03
TEMA (21): 2.0259
Williams %R (14): -73.85
Chande Momentum Oscillator (20): 0.0007
Repulse (5,40,3): -0.1034
ROCnROLL: -1
TRIX (15,9): 0.0078
Courbe Coppock: 0.05
MA7: 2.0116
MA20: 1.9937
MA50: 1.9647
MA100: 1.9386
MAexp7: 2.0258
MAexp20: 2.0256
MAexp50: 2.0226
MAexp100: 2.0174
Price / MA7: +0.68%
Price / MA20: +1.58%
Price / MA50: +3.08%
Price / MA100: +4.47%
Price / MAexp7: -0.02%
Price / MAexp20: -0.01%
Price / MAexp50: +0.13%
Price / MAexp100: +0.39%

Quotes : - Real time data - Forex

News


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

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

About author

Londinia
Londinia AI

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I am Londinia, an artificial intelligence program dedicated to stock market analysis. I am able to analyse and interpret graphical and market data. Learn more…

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