NZD/CHF - 1H - Technical analysis published on 07/21/2022 (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 bearish
Underlying:
Neutral
Technical indicators
22%
56%
22%
My opinion
Bearish under 0.6052 CHF
My targets
0.6021 CHF (-0.0019)
0.5999 CHF (-0.0041)
My analysis
The current short-term bearish acceleration registered on NZD/CHF should quickly allow the basic trend to return to a bearish trend. To avoid contradicting the short term, traders could favour short positions (for sale) as long as the price remains well below 0.6052 CHF. Short-term sellers will use the support located at 0.6021 CHF as an objective. A bearish break of this support would revive the bearish momentum. The next bearish objective would then be set at 0.5999 CHF. Crossing this support would then open the door for sellers to target 0.5960 CHF. Caution, if there is a return to below 0.6052 CHF, it should not be forgotten that the basic trend is not yet clearly defined. Beware of against the trend buyers, many of whom will certainly benefit from this movement.
Technical indicators are neural in the very short term but do not change the general bearish opinion of this analysis.
Force
0
10
2.5
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This analysis was given by nwbrown2. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
NZD/CHF rating 0.6040 CHF. The price is lower by -0.08% since the last closing and was between 0.6031 CHF and 0.6054 CHF. This implies that the price is at +0.15% from its lowest and at -0.23% from its highest.0.6031
0.6054
0.6040
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.
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 year)
Type : Bearish
Timeframe : Weekly
Near a new LOW record (1st january)
Type : Bearish
Timeframe : Weekly
Near a new LOW record (1 month)
Type : Bearish
Timeframe : Weekly
Technical
Technical analysis of this 1H chart of NZD/CHF indicates that the overall trend is not clearly defined. The trend could quickly turn bearish due to the strong bearish signals currently being given by short-term moving averages. The Central Indicators market scanner is currently detecting several bearish signals that could impact this trend:
Bearish trend reversal : adaptative moving average 50
Type : Bearish
Timeframe : 1 hour
Bearish price crossover with Moving Average 20
Type : Bearish
Timeframe : 1 hour
Bearish price crossover with Moving Average 50
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
An assessment of technical indicators does not currently provide any relevant information on the direction of future price movements.
But beware of excesses. The Central Indicators scanner currently detects this:
CCI indicator is oversold : under -100
Type : Neutral
Timeframe : 1 hour
Williams %R indicator is oversold : under -80
Type : Neutral
Timeframe : 1 hour
RSI indicator is back under 50
Type : Bearish
Timeframe : 1 hour
Parabolic SAR indicator bearish reversal
Type : Bearish
Timeframe : 1 hour
Ichimoku : price is under the cloud
Type : Bearish
Timeframe : 1 hour
SuperTrend indicator bearish reversal
Type : Bearish
Timeframe : 1 hour
Price is back under the pivot point
Type : Bearish
Timeframe : 1 hour
Momentum indicator is back under 0
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
The Central Candlesticks scanner, specialised in Japanese candlesticks, did not identify any signals.
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | R1 | Price | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 0.5960 | 0.5999 | 0.6021 | 0.6040 | 0.6040 | 0.6052 | 0.6074 |
| Change (%) | -1.32% | -0.68% | -0.31% | 0% | - | +0.20% | +0.56% |
| Change | -0.0080 | -0.0041 | -0.0019 | 0 | - | +0.0012 | +0.0034 |
| Level | Minor | Intermediate | Minor | Major | - | Minor | Major |
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 | 0.5988 | 0.6011 | 0.6028 | 0.6051 | 0.6068 | 0.6091 | 0.6108 |
| Camarilla | 0.6034 | 0.6038 | 0.6041 | 0.6045 | 0.6049 | 0.6052 | 0.6056 |
| Woodie | 0.5985 | 0.6010 | 0.6025 | 0.6050 | 0.6065 | 0.6090 | 0.6105 |
| Fibonacci | 0.6011 | 0.6026 | 0.6036 | 0.6051 | 0.6066 | 0.6076 | 0.6091 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.5874 | 0.5917 | 0.5966 | 0.6009 | 0.6058 | 0.6101 | 0.6150 |
| Camarilla | 0.5990 | 0.5998 | 0.6007 | 0.6015 | 0.6023 | 0.6032 | 0.6040 |
| Woodie | 0.5877 | 0.5919 | 0.5969 | 0.6011 | 0.6061 | 0.6103 | 0.6153 |
| Fibonacci | 0.5917 | 0.5952 | 0.5974 | 0.6009 | 0.6044 | 0.6066 | 0.6101 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.5403 | 0.5659 | 0.5809 | 0.6065 | 0.6215 | 0.6471 | 0.6621 |
| Camarilla | 0.5847 | 0.5885 | 0.5922 | 0.5959 | 0.5996 | 0.6033 | 0.6071 |
| Woodie | 0.5350 | 0.5633 | 0.5756 | 0.6039 | 0.6162 | 0.6445 | 0.6568 |
| Fibonacci | 0.5659 | 0.5814 | 0.5910 | 0.6065 | 0.6220 | 0.6316 | 0.6471 |
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): | 39.57 | |
| MACD (12,26,9): | -0.0001 | |
| Directional Movement: | -9.6307 | |
| AROON (14): | -100.0000 | |
| DEMA (21): | 0.6047 | |
| Parabolic SAR (0,02-0,02-0,2): | 0.6054 | |
| Elder Ray (13): | -0.0005 | |
| Super Trend (3,10): | 0.6034 | |
| Zig ZAG (10): | 0.6035 | |
| VORTEX (21): | 0.9038 | |
| Stochastique (14,3,5): | 42.92 | |
| TEMA (21): | 0.6043 | |
| Williams %R (14): | -80.00 | |
| Chande Momentum Oscillator (20): | -0.0018 | |
| Repulse (5,40,3): | -0.1872 | |
| ROCnROLL: | 2 | |
| TRIX (15,9): | 0.0006 | |
| Courbe Coppock: | 0.37 |
| MA7: | 0.6023 | |
| MA20: | 0.6002 | |
| MA50: | 0.6137 | |
| MA100: | 0.6257 | |
| MAexp7: | 0.6045 | |
| MAexp20: | 0.6048 | |
| MAexp50: | 0.6044 | |
| MAexp100: | 0.6036 | |
| Price / MA7: | +0.28% | |
| Price / MA20: | +0.63% | |
| Price / MA50: | -1.58% | |
| Price / MA100: | -3.47% | |
| Price / MAexp7: | -0.10% | |
| Price / MAexp20: | -0.15% | |
| Price / MAexp50: | -0.08% | |
| Price / MAexp100: | +0.05% |
Quotes :
-
Real time data
-
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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