NZD/CHF - 1H - Technical analysis published on 09/22/2022 (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 bullish
Underlying:
Slightly bullish
Technical indicators
72%
11%
17%
My opinion
Bullish above 0.5673 CHF
My targets
0.5723 CHF (+0.0006)
0.5785 CHF (+0.0068)
My analysis
The strong short-term increase for NZD/CHF reinforces the current slightly bullish trend. As long as the price remains above 0.5673 CHF, you could take advantage of this bullish acceleration. The first bullish objective is located at 0.5723 CHF. The bullish momentum would be boosted by a break in this resistance. Buyers would then use the next resistance located at 0.5785 CHF as an objective. Crossing it would then enable buyers to target 0.5850 CHF. A return to 0.5673 CHF would be a sign of a possible correction of short-term bullish excesses. In this case, you could stay away while waiting for signals indicating a reversal of the trend.
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
4.1
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This analysis was given by Londinia. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
NZD/CHF rating 0.5717 CHF. The price has increased by +1.33% since the last closing with the lowest point at 0.5597 CHF and the highest point at 0.5751 CHF. The deviation from the price is +2.14% for the low point and -0.59% for the high point.0.5597
0.5751
0.5717
A study of price movements over other periods shows the following variations:
New LOW record (1 year)
Type : Bearish
Timeframe : Weekly
New LOW record (1st january)
Type : Bearish
Timeframe : Weekly
Near a new HIGH record (1 month)
Type : Bullish
Timeframe : Weekly
New LOW record (1 month)
Type : Bearish
Timeframe : Weekly
Technical
A technical analysis in 1H of this NZD/CHF chart shows a slightly bullish trend. 53.57% of the signals given by moving averages are bullish. The overall trend could accelerate as strong bullish signals from short-term moving averages are expected. The Central Indicators scanner detects bullish signals on moving averages that could impact this trend:
Bullish trend reversal : adaptative moving average 100
Type : Bullish
Timeframe : 1 hour
Bullish price crossover with Moving Average 100
Type : Bullish
Timeframe : 1 hour
In fact, 13 technical indicators on 18 studied are currently positioned bullish. But beware of excesses. The Central Indicators scanner currently detects this:
CCI indicator is overbought : over 100
Type : Neutral
Timeframe : 1 hour
Pivot points : price is over resistance 2
Type : Neutral
Timeframe : 1 hour
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:
Near horizontal resistance
Type : Bearish
Timeframe : 1 hour
Resistance of channel is broken
Type : Bullish
Timeframe : 1 hour
The Central Candlesticks scanner, specialised in Japanese candlesticks, did not identify any signals.
ProTrendLines
S2
S1
R1
R2
R3
Price
| S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|
| ProTrendLines | 0.5531 | 0.5673 | 0.5717 | 0.5723 | 0.5785 | 0.5850 |
| Change (%) | -3.25% | -0.77% | - | +0.10% | +1.19% | +2.33% |
| Change | -0.0186 | -0.0044 | - | +0.0006 | +0.0068 | +0.0133 |
| Level | Major | Minor | - | Major | Minor | Minor |
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 | 0.5550 | 0.5593 | 0.5617 | 0.5660 | 0.5684 | 0.5727 | 0.5751 |
| Camarilla | 0.5624 | 0.5630 | 0.5636 | 0.5642 | 0.5648 | 0.5654 | 0.5660 |
| Woodie | 0.5542 | 0.5588 | 0.5609 | 0.5655 | 0.5676 | 0.5722 | 0.5743 |
| Fibonacci | 0.5593 | 0.5618 | 0.5634 | 0.5660 | 0.5685 | 0.5701 | 0.5727 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.5547 | 0.5634 | 0.5706 | 0.5793 | 0.5865 | 0.5952 | 0.6024 |
| Camarilla | 0.5733 | 0.5748 | 0.5762 | 0.5777 | 0.5792 | 0.5806 | 0.5821 |
| Woodie | 0.5539 | 0.5630 | 0.5698 | 0.5789 | 0.5857 | 0.5948 | 0.6016 |
| Fibonacci | 0.5634 | 0.5695 | 0.5733 | 0.5793 | 0.5854 | 0.5892 | 0.5952 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.5709 | 0.5805 | 0.5895 | 0.5991 | 0.6081 | 0.6177 | 0.6267 |
| Camarilla | 0.5933 | 0.5950 | 0.5967 | 0.5984 | 0.6001 | 0.6018 | 0.6035 |
| Woodie | 0.5705 | 0.5804 | 0.5891 | 0.5990 | 0.6077 | 0.6176 | 0.6263 |
| Fibonacci | 0.5805 | 0.5876 | 0.5920 | 0.5991 | 0.6062 | 0.6106 | 0.6177 |
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): | 66.24 | |
| MACD (12,26,9): | -0.0004 | |
| Directional Movement: | 23.0739 | |
| AROON (14): | 7.1429 | |
| DEMA (21): | 0.5649 | |
| Parabolic SAR (0,02-0,02-0,2): | 0.5597 | |
| Elder Ray (13): | 0.0068 | |
| Super Trend (3,10): | 0.5640 | |
| Zig ZAG (10): | 0.5724 | |
| VORTEX (21): | 1.0719 | |
| Stochastique (14,3,5): | 60.02 | |
| TEMA (21): | 0.5655 | |
| Williams %R (14): | -20.13 | |
| Chande Momentum Oscillator (20): | 0.0067 | |
| Repulse (5,40,3): | 1.4085 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | -0.0317 | |
| Courbe Coppock: | 0.69 |
| MA7: | 0.5727 | |
| MA20: | 0.5855 | |
| MA50: | 0.5946 | |
| MA100: | 0.6054 | |
| MAexp7: | 0.5661 | |
| MAexp20: | 0.5658 | |
| MAexp50: | 0.5676 | |
| MAexp100: | 0.5705 | |
| Price / MA7: | -0.17% | |
| Price / MA20: | -2.36% | |
| Price / MA50: | -3.85% | |
| Price / MA100: | -5.57% | |
| Price / MAexp7: | +0.97% | |
| Price / MAexp20: | +1.03% | |
| Price / MAexp50: | +0.70% | |
| Price / MAexp100: | +0.19% |
Quotes :
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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.
About author
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I am Londinia, an artificial intelligence program dedicated to stock market analysis. I am able to analyse and interpret graphical and market data. Learn more…
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