NZD/CAD

- CAD (-)

- Real time data - Forex

Open:	-
Change:	-
Volume:	-

Low:	-
High:	-
High / Low range:	-

Type:	Forex
Ticker:	NZDCAD
ISIN:

NZD/CAD - 1H - Technical analysis published on 05/13/2024 (GMT)

Timeframe : 1H
- Analysis generated on
Status : NEUTRAL

Summary of the analysis

Trends

Short term: Neutral

Underlying: Slightly bullish

Technical indicators

61%

33%

My opinion

Neutral between 0.8206 CAD and 0.8245 CAD

My targets

My analysis

A slightly bullish trend and a neutral short term. With such a pattern, it is difficult to favour buying or selling. The first resistance is located at 0.8245 CAD. The first support is located at 0.8206 CAD. A very slight advantage is given by the slightly bullish basic trend so that the resistance is reached first, but should we take this into account? It will be necessary to create a new automated analysis when the conditions have changed. This may be the case, for example, when the first resistance has been broken above or the first support has been broken below.

Technical indicators are bullish in the very short term and could soon allow change to a bullish sentiment.

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

NZD/CAD rating 0.8229 CAD. The price is lower by -0.01% since the last closing with the lowest point at 0.8210 CAD and the highest point at 0.8243 CAD. The deviation from the price is +0.23% for the low point and -0.17% for the high point.

0.8210

0.8243

0.8229

A bearish opening was detected by the Central Gaps scanner. Sellers are trying to impose a bearish trend in the very short term.

Bearish opening

Type : Bearish

Timeframe : Openning

A study of price movements over other periods shows the following variations:

The Central Records scanner for higher/lower results shows the following items:

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 LOW record (1 month)

Type : Bearish

Timeframe : Weekly

Technical

Technical analysis of this 1H chart of NZD/CAD indicates that the overall trend is slightly bullish. 53.57% of the signals given by moving averages are bullish. As the signals currently given by short-term moving averages are rather neutral, the overall trend could quickly return to neutral as well. The Central Indicators market scanner is currently detecting several bearish signals that could impact this trend:

Bearish price crossover with Moving Average 50

Type : Bearish

Timeframe : 1 hour

Bearish price crossover with Moving Average 100

Type : Bearish

Timeframe : 1 hour

Bearish price crossover with adaptative moving average 20

Type : Bearish

Timeframe : 1 hour

Bearish price crossover with adaptative moving average 50

Type : Bearish

Timeframe : 1 hour

Bearish price crossover with adaptative moving average 100

Type : Bearish

Timeframe : 1 hour

An assessment of technical indicators shows a moderate bullish signal.
Central Indicators, the detector scanner for these technical indicators recently detected a signal:

Ichimoku : price is under the cloud

Type : Bearish

Timeframe : 1 hour

Central Patterns, the market scanner focusing on chart patterns, resistances and supports found this result:

Near support of channel

Type : Bullish

Timeframe : 1 hour

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

ProTrendLines

Price

	S3	S2	S1	Price	R1	R2	R3
ProTrendLines	0.8119	0.8151	0.8206	0.8229	0.8245	0.8259	0.8311
Change (%)	-1.34%	-0.95%	-0.28%	-	+0.19%	+0.36%	+1.00%
Change	-0.0110	-0.0078	-0.0023	-	+0.0016	+0.0030	+0.0082
Level	Minor	Minor	Major	-	Intermediate	Intermediate	Minor

Pivot points can also be used to set your price objectives. Here is the price situation in relation to pivot points:

Daily

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	0.8154	0.8179	0.8205	0.8230	0.8256	0.8281	0.8307
Camarilla	0.8216	0.8221	0.8225	0.8230	0.8235	0.8239	0.8244
Woodie	0.8154	0.8179	0.8205	0.8230	0.8256	0.8281	0.8307
Fibonacci	0.8179	0.8199	0.8211	0.8230	0.8250	0.8262	0.8281

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	0.8150	0.8177	0.8204	0.8231	0.8258	0.8285	0.8312
Camarilla	0.8215	0.8220	0.8225	0.8230	0.8235	0.8240	0.8245
Woodie	0.8149	0.8177	0.8203	0.8231	0.8257	0.8285	0.8311
Fibonacci	0.8177	0.8198	0.8211	0.8231	0.8252	0.8265	0.8285

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	0.7841	0.7953	0.8025	0.8137	0.8209	0.8321	0.8393
Camarilla	0.8046	0.8063	0.8080	0.8097	0.8114	0.8131	0.8148
Woodie	0.7821	0.7943	0.8005	0.8127	0.8189	0.8311	0.8373
Fibonacci	0.7953	0.8023	0.8067	0.8137	0.8207	0.8251	0.8321

Numerical data

The following is the status of technical indicators and moving averages registered at the time this technical analysis was created:

Technical indicators

Moving averages

RSI (14):	51.60
MACD (12,26,9):	0.0000
Directional Movement:	0.5889
AROON (14):	71.4286
DEMA (21):	0.8227
Parabolic SAR (0,02-0,02-0,2):	0.8215
Elder Ray (13):	0.0003
Super Trend (3,10):	0.8249
Zig ZAG (10):	0.8230
VORTEX (21):	0.9784
Stochastique (14,3,5):	66.67
TEMA (21):	0.8229
Williams %R (14):	-36.36
Chande Momentum Oscillator (20):	0.0008
Repulse (5,40,3):	-0.0236
ROCnROLL:	1
TRIX (15,9):	-0.0033
Courbe Coppock:	0.08

MA7:	0.8233
MA20:	0.8165
MA50:	0.8186
MA100:	0.8235
MAexp7:	0.8230
MAexp20:	0.8228
MAexp50:	0.8230
MAexp100:	0.8227
Price / MA7:	-0.05%
Price / MA20:	+0.78%
Price / MA50:	+0.53%
Price / MA100:	-0.07%
Price / MAexp7:	-0.01%
Price / MAexp20:	+0.01%
Price / MAexp50:	-0.01%
Price / MAexp100:	+0.02%

Quotes : - Real time data - Forex

News

The last news published on NZD/CAD 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 AI

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