NZD/CHF - 1H - Technical analysis published on 12/15/2021 (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
Short term:
Strongly bullish
Underlying:
Slightly bearish
Technical indicators
50%
17%
33%
My opinion
Bullish above 0.6229 CHF
My targets
0.6247 CHF (+0.0010)
0.6273 CHF (+0.0036)
My analysis
The strong short-term increase in NZD/CHF calls into question the currently slightly bearish basic trend. A trend reversal is likely. As long as the price remains above 0.6229 CHF, you could consider taking advantage of the short-term movement. The first bullish objective is located at 0.6247 CHF. The bullish momentum would be boosted by a break in this resistance. Buyers would then use the next resistance located at 0.6273 CHF as an objective. Crossing it would then enable buyers to target 0.6287 CHF. Caution, a return under 0.6229 CHF could jeopardize the reversal.
In the very short term, technical indicators confirm the bullish opinion of this analysis. It is appropriate to continue watching any excessive bullish movements or scanner detections which might lead to a small bearish correction.
Force
0
10
1.1
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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 0.6237 CHF. The price registered an increase of +0.21% on the session and was between 0.6216 CHF and 0.6248 CHF. This implies that the price is at +0.34% from its lowest and at -0.18% from its highest.0.6216
0.6248
0.6237
So that you have an overall view of the price change, here is a table showing the variations over several periods:
Near a new LOW record (1 year)
Type : Bearish
Timeframe : Weekly
Near a new LOW record (1st january)
Type : Bearish
Timeframe : Weekly
Technical
Technical analysis of NZD/CHF in 1H shows an overall slightly bearish trend. Only 60.71% of the signals given by moving averages are bearish. This slightly bearish trend could quickly be reversed due to the strong bullish signals currently being given by short-term moving averages. An assessment of moving averages reveals several bearish signals that could impact this trend:
Bearish trend reversal : adaptative moving average 50
Type : Bearish
Timeframe : 1 hour
Bearish price crossover with adaptative moving average 50
Type : Bearish
Timeframe : 1 hour
In fact, only 9 technical indicators out of 18 studied are currently positioned bullish. Caution: the Central Indicators scanner currently detects an excess:
CCI indicator: bearish divergence
Type : Bearish
Timeframe : 1 hour
Price is back under the pivot point
Type : Bearish
Timeframe : Weekly
The Central Patterns scanner, which studies chart patterns, resistances and supports, has identified these signals:
Near horizontal resistance
Type : Bearish
Timeframe : 1 hour
Resistance of channel is broken
Type : Bullish
Timeframe : 1 hour
For a small setback in the very short term, the Central Candlesticks scanner currently notes the presence of this bearish pattern in Japanese candlesticks:
Bearish engulfing lines
Type : Bearish
Timeframe : 1 hour
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 0.6202 | 0.6219 | 0.6229 | 0.6237 | 0.6247 | 0.6273 | 0.6287 |
| Change (%) | -0.56% | -0.29% | -0.13% | - | +0.16% | +0.58% | +0.80% |
| Change | -0.0035 | -0.0018 | -0.0008 | - | +0.0010 | +0.0036 | +0.0050 |
| Level | Intermediate | Minor | Minor | - | Intermediate | Major | 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 | 0.6161 | 0.6181 | 0.6203 | 0.6223 | 0.6245 | 0.6265 | 0.6287 |
| Camarilla | 0.6213 | 0.6216 | 0.6220 | 0.6224 | 0.6228 | 0.6232 | 0.6236 |
| Woodie | 0.6161 | 0.6182 | 0.6203 | 0.6224 | 0.6245 | 0.6266 | 0.6287 |
| Fibonacci | 0.6181 | 0.6197 | 0.6207 | 0.6223 | 0.6239 | 0.6249 | 0.6265 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.6092 | 0.6135 | 0.6203 | 0.6246 | 0.6314 | 0.6357 | 0.6425 |
| Camarilla | 0.6241 | 0.6251 | 0.6261 | 0.6271 | 0.6281 | 0.6291 | 0.6302 |
| Woodie | 0.6105 | 0.6141 | 0.6216 | 0.6252 | 0.6327 | 0.6363 | 0.6438 |
| Fibonacci | 0.6135 | 0.6177 | 0.6204 | 0.6246 | 0.6288 | 0.6315 | 0.6357 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.5815 | 0.6029 | 0.6152 | 0.6366 | 0.6489 | 0.6703 | 0.6826 |
| Camarilla | 0.6182 | 0.6213 | 0.6244 | 0.6275 | 0.6306 | 0.6337 | 0.6368 |
| Woodie | 0.5770 | 0.6006 | 0.6107 | 0.6343 | 0.6444 | 0.6680 | 0.6781 |
| Fibonacci | 0.6029 | 0.6158 | 0.6237 | 0.6366 | 0.6495 | 0.6574 | 0.6703 |
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): | 52.57 | |
| MACD (12,26,9): | 0.0002 | |
| Directional Movement: | 2.4356 | |
| AROON (14): | 42.8572 | |
| DEMA (21): | 0.6234 | |
| Parabolic SAR (0,02-0,02-0,2): | 0.6222 | |
| Elder Ray (13): | 0 | |
| Super Trend (3,10): | 0.6254 | |
| Zig ZAG (10): | 0.6231 | |
| VORTEX (21): | 1.0256 | |
| Stochastique (14,3,5): | 60.42 | |
| TEMA (21): | 0.6237 | |
| Williams %R (14): | -53.13 | |
| Chande Momentum Oscillator (20): | 0.0010 | |
| Repulse (5,40,3): | -0.1643 | |
| ROCnROLL: | 2 | |
| TRIX (15,9): | 0.0029 | |
| Courbe Coppock: | 0.33 |
| MA7: | 0.6252 | |
| MA20: | 0.6321 | |
| MA50: | 0.6440 | |
| MA100: | 0.6440 | |
| MAexp7: | 0.6234 | |
| MAexp20: | 0.6232 | |
| MAexp50: | 0.6234 | |
| MAexp100: | 0.6242 | |
| Price / MA7: | -0.24% | |
| Price / MA20: | -1.33% | |
| Price / MA50: | -3.15% | |
| Price / MA100: | -3.15% | |
| Price / MAexp7: | +0.05% | |
| Price / MAexp20: | +0.08% | |
| Price / MAexp50: | +0.05% | |
| Price / MAexp100: | -0.08% |
Quotes :
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Real time data
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Forex
News
The latest news and videos published on NZD/CHF at the time of the analysis were 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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