NZD/CHF

- CHF (-)

- Real time data - Forex

Open:	-
Change:	-
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Low:	-
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High / Low range:	-

Type:	Forex
Ticker:	NZDCHF
ISIN:

NZD/CHF - Daily - Technical analysis published on 05/04/2023 (GMT)

Londinia

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Timeframe : Daily
- Analysis generated on
Status : INVALID

Summary of the analysis

Trends

Short term: Bearish

Underlying: Strongly bearish

Technical indicators

56%

11%

33%

My opinion

Bearish under 0.5579 CHF

My targets

0.5451 CHF (-0.0090)

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 0.5579 CHF. The next bearish objective for sellers is set at 0.5451 CHF. A bearish break of this support would revive the bearish momentum. Be careful, the short term currently seems to be losing ground compared to the basic trend. Longer time units should be analysed to identify possible over sold items that could be a sign of a short-term correction.

In the very short term, the general bearish opinion of this analysis is in opposition with technical indicators. As long as the invalidation level of this analysis is not breached, the bearish direction is still favored, however the current short term correction should be carefully watched.

Force

3.6

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.

This analysis was given by Londinia. Take part yourself by sharing additional analysis on another time unit:

Additional analysis

Quotes

NZD/CHF rating 0.5541 CHF. The price registered an increase of +1.04% on the session and was traded between 0.5483 CHF and 0.5543 CHF over the period. The price is currently at +1.06% from its lowest and -0.04% from its highest.

0.5483

0.5543

0.5541

A bullish opening was detected by the Central Gaps scanner. Buyers are trying to impose a bullish momentum in the very short term.

Bullish opening

Type : Bullish

Timeframe : Openning

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

The Central Records scanner for higher/lower results shows the following items:

Near a new LOW record (5 years)

Type : Bearish

Timeframe : Weekly

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 this Daily chart of NZD/CHF indicates that the overall trend is strongly bearish. 85.71% of the signals given by moving averages are bearish. The slightly bearish signals from short-term moving averages show that the overall trend is slowing down. The Central Indicators market scanner currently does not detect any result that concerns moving averages.

The probability of a further increase are moderate given the direction of the technical indicators.
Other results related to technical indicators were also found by the Central Indicators scanner:

Price is back over the pivot point

Type : Bullish

Timeframe : Daily

Williams %R indicator is back over -50

Type : Bullish

Timeframe : Daily

Central Patterns, the scanner specializing in chart patterns, did not identify any signals.

Central Candlesticks, the scanner specialised in Japanese candlesticks, detects a bullish signal that could support the hypothesis of a small rebound in the very short term:

Bullish harami

Type : Bullish

Timeframe : Daily

ProTrendLines

Price

	S2	S1	Price	R1	R2	R3
ProTrendLines	0.5451	0.5528	0.5541	0.5747	0.5823	0.5922
Change (%)	-1.62%	-0.23%	-	+3.72%	+5.09%	+6.88%
Change	-0.0090	-0.0013	-	+0.0206	+0.0282	+0.0381
Level	Intermediate	Major	-	Minor	Intermediate	Minor

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	0.5364	0.5423	0.5453	0.5512	0.5542	0.5601	0.5631
Camarilla	0.5460	0.5468	0.5476	0.5484	0.5492	0.5500	0.5509
Woodie	0.5351	0.5416	0.5440	0.5505	0.5529	0.5594	0.5618
Fibonacci	0.5423	0.5457	0.5478	0.5512	0.5546	0.5567	0.5601

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	0.5358	0.5395	0.5461	0.5498	0.5564	0.5601	0.5667
Camarilla	0.5498	0.5507	0.5517	0.5526	0.5535	0.5545	0.5554
Woodie	0.5372	0.5402	0.5475	0.5505	0.5578	0.5608	0.5681
Fibonacci	0.5395	0.5435	0.5459	0.5498	0.5538	0.5562	0.5601

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	0.5034	0.5233	0.5380	0.5579	0.5726	0.5925	0.6072
Camarilla	0.5431	0.5463	0.5494	0.5526	0.5558	0.5589	0.5621
Woodie	0.5007	0.5220	0.5353	0.5566	0.5699	0.5912	0.6045
Fibonacci	0.5233	0.5366	0.5447	0.5579	0.5712	0.5793	0.5925

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):	44.69
MACD (12,26,9):	-0.0047
Directional Movement:	-7.2545
AROON (14):	-57.1429
DEMA (21):	0.5484
Parabolic SAR (0,02-0,02-0,2):	0.5455
Elder Ray (13):	-0.0018
Super Trend (3,10):	0.5609
Zig ZAG (10):	0.5531
VORTEX (21):	0.8094
Stochastique (14,3,5):	54.48
TEMA (21):	0.5482
Williams %R (14):	-35.53
Chande Momentum Oscillator (20):	-0.0037
Repulse (5,40,3):	0.3273
ROCnROLL:	-1
TRIX (15,9):	-0.1454
Courbe Coppock:	2.98

MA7:	0.5509
MA20:	0.5540
MA50:	0.5663
MA100:	0.5768
MAexp7:	0.5516
MAexp20:	0.5551
MAexp50:	0.5640
MAexp100:	0.5723
Price / MA7:	+0.58%
Price / MA20:	+0.02%
Price / MA50:	-2.15%
Price / MA100:	-3.94%
Price / MAexp7:	+0.45%
Price / MAexp20:	-0.18%
Price / MAexp50:	-1.76%
Price / MAexp100:	-3.18%

Quotes : - Real time data - 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 77.00

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

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