NZD/CHF - 1H - Technical analysis published on 08/31/2020 (GMT)
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- Timeframe : 1H
- - Analysis generated on
- Status : TARGET REACHED
Analysis too old. There are no more charts available.
Summary of the analysis
Trends
Court terme:
Bullish
De fond:
Strongly bullish
Technical indicators
33%
17%
50%
My opinion
Bullish above 0.6031 CHF
My targets
0.6096 CHF (+0.0013)
0.6156 CHF (+0.0073)
My analysis
All elements being clearly bullish, it would be possible for traders to trade only long positions (at the time of purchase) on NZD/CHF as long as the price remains well above 0.6031 CHF. The buyers” bullish objective is set at 0.6096 CHF. A bullish break in this resistance would boost the bullish momentum. The buyers could then target the resistance located at 0.6156 CHF. If there is any crossing, the next objective would be the resistance located at 0.6204 CHF. Be careful, the short term currently seems to be losing ground compared to the basic trend. Longer time units should be analysed to identify possible overbought items that could be a sign of a possible short-term correction.
In the very short term, the general bullish sentiment is not called into question, despite technical indicators being indecisive.
Force
0
10
5.9
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This analysis was given by Remo. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
NZD/CHF rating 0.6083 CHF. The price is lower by -0.20% since the last closing with the lowest point at 0.6072 CHF and the highest point at 0.6098 CHF. The deviation from the price is +0.18% for the low point and -0.25% for the high point.0.6072
0.6098
0.6083
The Central Gaps scanner detects a bearish opening. A small advantage for sellers in the very short term.
Bearish opening
Type : Bearish
Timeframe : Openning
Here is a more detailed summary of the historical variations registered by NZD/CHF:
Near a new LOW record (1 month)
Type : Bearish
Timeframe : Weekly
Technical
Technical analysis of NZD/CHF in 1H shows a strongly overall bullish trend. 89.29% of the signals given by moving averages are bullish. The slightly bullish signals given by the short-term moving averages show a weakening of the global trend. The Central Indicators scanner detects bearish signals on moving averages that could impact this trend:
Bearish price crossover with Moving Average 20
Type : Bearish
Timeframe : 1 hour
Bearish price crossover with 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, 9 are neutral and 3 are bearish. Central Indicators, the detector scanner for these technical indicators has recently detected several signals:
Pivot points : price is over resistance 3
Type : Neutral
Timeframe : 1 hour
Pivot points : price is under support 3
Type : Neutral
Timeframe : Weekly
Price is back over the pivot point
Type : Bullish
Timeframe : Weekly
The analysis of the price chart with Central Patterns scanners does not return any result.
The Central Candlesticks scanner which studies Japanese candlesticks did not detect anything.
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 0.5971 | 0.6010 | 0.6031 | 0.6083 | 0.6096 | 0.6204 | 0.6289 |
| Change (%) | -1.84% | -1.20% | -0.85% | - | +0.21% | +1.99% | +3.39% |
| Change | -0.0112 | -0.0073 | -0.0052 | - | +0.0013 | +0.0121 | +0.0206 |
| Level | Intermediate | Minor | Major | - | Intermediate | Intermediate | Intermediate |
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 | 0.5981 | 0.6005 | 0.6050 | 0.6074 | 0.6119 | 0.6143 | 0.6188 |
| Camarilla | 0.6076 | 0.6082 | 0.6089 | 0.6095 | 0.6101 | 0.6108 | 0.6114 |
| Woodie | 0.5992 | 0.6010 | 0.6061 | 0.6079 | 0.6130 | 0.6148 | 0.6199 |
| Fibonacci | 0.6005 | 0.6031 | 0.6048 | 0.6074 | 0.6100 | 0.6117 | 0.6143 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.6156 | 0.6227 | 0.6330 | 0.6401 | 0.6504 | 0.6575 | 0.6678 |
| Camarilla | 0.6385 | 0.6401 | 0.6417 | 0.6433 | 0.6449 | 0.6465 | 0.6481 |
| Woodie | 0.6172 | 0.6235 | 0.6346 | 0.6409 | 0.6520 | 0.6583 | 0.6694 |
| Fibonacci | 0.6227 | 0.6294 | 0.6335 | 0.6401 | 0.6468 | 0.6509 | 0.6575 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.5814 | 0.5930 | 0.5995 | 0.6111 | 0.6176 | 0.6292 | 0.6357 |
| Camarilla | 0.6010 | 0.6027 | 0.6043 | 0.6060 | 0.6077 | 0.6093 | 0.6110 |
| Woodie | 0.5789 | 0.5917 | 0.5970 | 0.6098 | 0.6151 | 0.6279 | 0.6332 |
| Fibonacci | 0.5930 | 0.5999 | 0.6042 | 0.6111 | 0.6180 | 0.6223 | 0.6292 |
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): | 52.52 | |
| MACD (12,26,9): | 0.0005 | |
| Directional Movement: | 1.3178 | |
| AROON (14): | -7.1429 | |
| DEMA (21): | 0.6085 | |
| Parabolic SAR (0,02-0,02-0,2): | 0.5954 | |
| Elder Ray (13): | 0.0005 | |
| Super Trend (3,10): | 0.6020 | |
| Zig ZAG (10): | 0.6083 | |
| VORTEX (21): | 0.9730 | |
| Stochastique (14,3,5): | 87.98 | |
| TEMA (21): | 0.6078 | |
| Williams %R (14): | -15.65 | |
| Chande Momentum Oscillator (20): | -0.0017 | |
| Repulse (5,40,3): | -0.0807 | |
| ROCnROLL: | -1 | |
| TRIX (15,9): | 0.0149 | |
| Courbe Coppock: | 0.40 |
| MA7: | 0.6014 | |
| MA20: | 0.6005 | |
| MA50: | 0.6085 | |
| MA100: | 0.6027 | |
| MAexp7: | 0.6080 | |
| MAexp20: | 0.6078 | |
| MAexp50: | 0.6060 | |
| MAexp100: | 0.6033 | |
| Price / MA7: | +1.15% | |
| Price / MA20: | +1.30% | |
| Price / MA50: | -0.03% | |
| Price / MA100: | +0.93% | |
| Price / MAexp7: | +0.05% | |
| Price / MAexp20: | +0.08% | |
| Price / MAexp50: | +0.38% | |
| Price / MAexp100: | +0.83% |
Quotes :
2020-08-31 10:18:28
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Real time data
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Forex
News
Don"t forget to follow the news on NZD/CHF. At the time of publication of this analysis, the latest news was as follows:
NZDCHF at key level 77.00This member declared not having a position on this financial instrument or a related financial instrument.
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