NZD/CHF

- CHF (-)

- Real time data - Forex

Open:	-
Change:	-
Volume:	-

Low:	-
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High / Low range:	-

Type:	Forex
Ticker:	NZDCHF
ISIN:

NZD/CHF - Daily - Technical analysis published on 08/03/2022 (GMT)

Londinia

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Timeframe : Daily
- Analysis generated on
Status : TARGET REACHED

Summary of the analysis

Trends

Short term: Neutral

Underlying: Bearish

Technical indicators

50%

11%

39%

My opinion

Bearish under 0.6188 CHF

My targets

0.5991 CHF (-0.0038)

0.5934 CHF (-0.0095)

My analysis

Has the basic bearish trend slowed or is it lacking in power? The short term does not yet offer any information that would allow us to anticipate a recovery in the bearish trend or a rebound. Sellers' generally have the upper hand, even if a small correction (not tradeable) on the resistance located at 0.6188 CHF remains possible. It is advisable to trade NZD/CHF with the greatest caution, while favouring short positions (for sale) as long as the price remains well below 0.6188 CHF. The next bearish objective for sellers is set at 0.5991 CHF. A bearish break of this support would revive the bearish momentum. The sellers could then target the support located at 0.5934 CHF. In case of crossing, the next objective would be the support located at 0.5531 CHF. PS: if there is a bullish break in the resistance located at 0.6188 CHF we suggest that you produce a new automated technical analysis. In fact, conditions should have changed. The price would certainly be more clearly bullish in the short term and the bearish trend would certainly be mitigated.

Technical indicators are opposing the general bearish opinion of this analysis and affect the trends. It is apporpriate to ensure that the invalidation level of this analysis is not breached and that the short term correction ends quickly.

Force

1.3

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.

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Additional analysis

Quotes

NZD/CHF rating 0.6029 CHF. The price has increased by +1.14% since the last closing and was between 0.5955 CHF and 0.6035 CHF. This implies that the price is at +1.24% from its lowest and at -0.10% from its highest.

0.5955

0.6035

0.6029

The Central Gaps scanner detects a bullish opening marking the presence of buyers ahead of sellers at the opening but not sufficiently marked to allow the price to register a quotation gap.

Bullish opening

Type : Bullish

Timeframe : Openning

Here is a more detailed summary of the historical variations registered by NZD/CHF:

The study of the highest / lowest by the Central Records scanner shows the following results:

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 HIGH record (1 month)

Type : Bullish

Timeframe : Weekly

Technical

Technical analysis of NZD/CHF in Daily shows an overall bearish trend. 71.43% of the signals given by moving averages are bearish. Caution: as the signals currently given by short-term moving averages are rather neutral, the bearish trend could slow down. An assessment of moving averages reveals several bullish signals that could impact this trend:

Bullish price crossover with Moving Average 20

Type : Bullish

Timeframe : Daily

Bullish price crossover with adaptative moving average 20

Type : Bullish

Timeframe : Daily

In fact, only 9 technical indicators out of 18 studied are currently positioned bullish. Caution: the Central Indicators scanner currently detects an excess:

Previous candle closed under Bollinger bands

Type : Neutral

Timeframe : Daily

Central Indicators, the detector scanner for these technical indicators has recently detected several signals:

Pivot points : price is over resistance 1

Type : Neutral

Timeframe : Daily

Price is back over the pivot point

Type : Bullish

Timeframe : Weekly

Momentum indicator is back over 0

Type : Bullish

Timeframe : Daily

Williams %R indicator is back over -50

Type : Bullish

Timeframe : Daily

Central Patterns, the market scanner focusing on chart patterns, resistances and supports found these results:

Near resistance of channel

Type : Bearish

Timeframe : Daily

Horizontal resistance is broken

Type : Bullish

Timeframe : Daily

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

ProTrendLines

Price

	S3	S2	S1	Price	R1	R2	R3
ProTrendLines	0.5531	0.5934	0.5991	0.6029	0.6040	0.6188	0.6267
Change (%)	-8.26%	-1.58%	-0.63%	-	+0.18%	+2.64%	+3.95%
Change	-0.0498	-0.0095	-0.0038	-	+0.0011	+0.0159	+0.0238
Level	Major	Intermediate	Intermediate	-	Major	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	0.5879	0.5918	0.5940	0.5979	0.6001	0.6040	0.6062
Camarilla	0.5944	0.5950	0.5955	0.5961	0.5967	0.5972	0.5978
Woodie	0.5870	0.5914	0.5931	0.5975	0.5992	0.6036	0.6053
Fibonacci	0.5918	0.5942	0.5956	0.5979	0.6003	0.6017	0.6040

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	0.5851	0.5905	0.5944	0.5998	0.6037	0.6091	0.6130
Camarilla	0.5957	0.5966	0.5975	0.5983	0.5992	0.6000	0.6009
Woodie	0.5844	0.5901	0.5937	0.5994	0.6030	0.6087	0.6123
Fibonacci	0.5905	0.5941	0.5963	0.5998	0.6034	0.6056	0.6091

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	0.5725	0.5813	0.5898	0.5986	0.6071	0.6159	0.6244
Camarilla	0.5935	0.5951	0.5967	0.5983	0.5999	0.6015	0.6031
Woodie	0.5724	0.5812	0.5897	0.5985	0.6070	0.6158	0.6243
Fibonacci	0.5813	0.5879	0.5920	0.5986	0.6052	0.6093	0.6159

Numerical data

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

Technical indicators

Moving averages

RSI (14):	49.53
MACD (12,26,9):	-0.0021
Directional Movement:	-6.6331
AROON (14):	-71.4286
DEMA (21):	0.5985
Parabolic SAR (0,02-0,02-0,2):	0.6055
Elder Ray (13):	-0.0013
Super Trend (3,10):	0.6138
Zig ZAG (10):	0.6024
VORTEX (21):	1.0314
Stochastique (14,3,5):	37.55
TEMA (21):	0.6003
Williams %R (14):	-38.66
Chande Momentum Oscillator (20):	0.0014
Repulse (5,40,3):	0.7607
ROCnROLL:	-1
TRIX (15,9):	-0.0603
Courbe Coppock:	0.33

MA7:	0.6000
MA20:	0.6015
MA50:	0.6092
MA100:	0.6226
MAexp7:	0.6004
MAexp20:	0.6017
MAexp50:	0.6081
MAexp100:	0.6160
Price / MA7:	+0.48%
Price / MA20:	+0.23%
Price / MA50:	-1.03%
Price / MA100:	-3.16%
Price / MAexp7:	+0.42%
Price / MAexp20:	+0.20%
Price / MAexp50:	-0.86%
Price / MAexp100:	-2.13%

Quotes : - Real time data - 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 77.00

This member declared not having a position on this financial instrument or a related financial instrument.

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