NZD/CHF - 1H - Technical analysis published on 12/21/2020 (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:
Strongly bearish
De fond:
Bearish
Technical indicators
22%
67%
11%
My opinion
Bearish under 0.6276 CHF
My targets
0.6234 CHF (-0.0020)
0.6163 CHF (-0.0091)
My analysis
All elements being clearly bearish, it would be possible for traders to trade only short positions (for sale) on NZD/CHF as long as the price remains well below 0.6276 CHF. The sellers” bearish objective is set at 0.6234 CHF. A bearish break of this support would revive the bearish momentum. The sellers could then target the support located at 0.6163 CHF. In case of crossing, the next objective would be the support located at 0.5967 CHF.
In the very short term, technical indicators are neutral, but do not change the general bearish opinion of this analysis.
Force
0
10
5.5
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This analysis was given by Vincent Launay. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
NZD/CHF rating 0.6254 CHF. The price is lower by -0.83% since the last closing and was traded between 0.6252 CHF and 0.6307 CHF over the period. The price is currently at +0.03% from its lowest and -0.84% from its highest.0.6252
0.6307
0.6254
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
Here is a more detailed summary of the historical variations registered by NZD/CHF:
Near a new HIGH record (1st january)
Type : Bullish
Timeframe : Weekly
Technical
A technical analysis in 1H of this NZD/CHF chart shows a bearish trend. 71.43% of the signals given by moving averages are bearish. The overall trend is reinforced by the strong bearish signals from 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.
Caution: the Central Indicators scanner currently detects an excess:
CCI indicator is oversold : under -100
Type : Neutral
Timeframe : 1 hour
Williams %R indicator is oversold : under -80
Type : Neutral
Timeframe : 1 hour
Pivot points : price is under support 1
Type : Neutral
Timeframe : 1 hour
Price is back over the pivot point
Type : Bullish
Timeframe : Weekly
An analysis of the price chart with the Central Patterns scanner (detector of chart patterns and resistances and supports) shows several results that can have an impact on the price change:
Horizontal support is broken
Type : Bearish
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
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 0.6163 | 0.6234 | 0.6250 | 0.6254 | 0.6276 | 0.6289 | 0.6297 |
| Change (%) | -1.46% | -0.32% | -0.06% | - | +0.35% | +0.56% | +0.69% |
| Change | -0.0091 | -0.0020 | -0.0004 | - | +0.0022 | +0.0035 | +0.0043 |
| Level | Intermediate | Minor | Intermediate | - | Minor | Intermediate | Major |
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 | 0.6246 | 0.6267 | 0.6287 | 0.6308 | 0.6328 | 0.6349 | 0.6369 |
| Camarilla | 0.6295 | 0.6299 | 0.6302 | 0.6306 | 0.6310 | 0.6314 | 0.6317 |
| Woodie | 0.6245 | 0.6267 | 0.6286 | 0.6308 | 0.6327 | 0.6349 | 0.6368 |
| Fibonacci | 0.6267 | 0.6283 | 0.6293 | 0.6308 | 0.6324 | 0.6334 | 0.6349 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.6169 | 0.6209 | 0.6258 | 0.6298 | 0.6347 | 0.6387 | 0.6436 |
| Camarilla | 0.6282 | 0.6290 | 0.6298 | 0.6306 | 0.6314 | 0.6322 | 0.6331 |
| Woodie | 0.6173 | 0.6211 | 0.6262 | 0.6300 | 0.6351 | 0.6389 | 0.6440 |
| Fibonacci | 0.6209 | 0.6243 | 0.6264 | 0.6298 | 0.6332 | 0.6353 | 0.6387 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.5814 | 0.5930 | 0.6152 | 0.6268 | 0.6490 | 0.6606 | 0.6828 |
| Camarilla | 0.6282 | 0.6313 | 0.6344 | 0.6375 | 0.6406 | 0.6437 | 0.6468 |
| Woodie | 0.5868 | 0.5957 | 0.6206 | 0.6295 | 0.6544 | 0.6633 | 0.6882 |
| Fibonacci | 0.5930 | 0.6059 | 0.6139 | 0.6268 | 0.6397 | 0.6477 | 0.6606 |
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): | 39.12 | |
| MACD (12,26,9): | -0.0007 | |
| Directional Movement: | -5.3846 | |
| AROON (14): | -85.7143 | |
| DEMA (21): | 0.6285 | |
| Parabolic SAR (0,02-0,02-0,2): | 0.6302 | |
| Elder Ray (13): | -0.0010 | |
| Super Trend (3,10): | 0.6313 | |
| Zig ZAG (10): | 0.6271 | |
| VORTEX (21): | 0.9286 | |
| Stochastique (14,3,5): | 11.49 | |
| TEMA (21): | 0.6277 | |
| Williams %R (14): | -93.88 | |
| Chande Momentum Oscillator (20): | -0.0044 | |
| Repulse (5,40,3): | -0.4979 | |
| ROCnROLL: | 2 | |
| TRIX (15,9): | -0.0137 | |
| Courbe Coppock: | 0.71 |
| MA7: | 0.6291 | |
| MA20: | 0.6309 | |
| MA50: | 0.6210 | |
| MA100: | 0.6133 | |
| MAexp7: | 0.6275 | |
| MAexp20: | 0.6294 | |
| MAexp50: | 0.6299 | |
| MAexp100: | 0.6297 | |
| Price / MA7: | -0.59% | |
| Price / MA20: | -0.87% | |
| Price / MA50: | +0.71% | |
| Price / MA100: | +1.97% | |
| Price / MAexp7: | -0.33% | |
| Price / MAexp20: | -0.64% | |
| Price / MAexp50: | -0.71% | |
| Price / MAexp100: | -0.68% |
Quotes :
2020-12-21 08:32:39
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Real time data
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Forex
News
The last news published on NZD/CHF at the time of the generation of this analysis 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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