NZD/CHF - Daily - Technical analysis published on 06/20/2019 (GMT)
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- Timeframe : Daily
- - Analysis generated on
- Status : INVALID
Summary of the analysis
Trends
Court terme:
Strongly bearish
De fond:
Strongly bearish
Technical indicators
44%
33%
22%
My opinion
Bearish under 0.6558 CHF
My targets
0.6417 CHF (-1.34%)
0.6316 CHF (-2.89%)
My analysis
The bearish trend is currently very strong for NZD/CHF. As long as the price remains below the resistance at 0.6558 CHF, you could try to take advantage of the bearish rally. The first bearish objective is located at 0.6417 CHF. The bearish momentum would be revived by a break in this support. Sellers would then use the next support located at 0.6316 CHF as an objective. Crossing it would then enable sellers to target 0.6031 CHF. Be careful, given the powerful bearish rally underway, excesses could lead to a short-term rebound. If this is the case, remember that trading against the trend may be riskier. It would seem more appropriate to wait for a signal indicating reversal of the trend.
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 Vincent Launay. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
The NZD/CHF rating is 0.6504 CHF. The price registered a decrease of -0.05% on the session and was between 0.6499 CHF and 0.6516 CHF. This implies that the price is at +0.08% from its lowest and at -0.18% from its highest.0.6499
0.6516
0.6504
A study of price movements over other periods shows the following variations:
Near a new LOW record (1st january)
Type : Bearish
Timeframe : Weekly
Technical
Technical analysis of NZD/CHF in Daily shows a overall strongly bearish trend. 92.86% of the signals given by moving averages are bearish. This strongly bearish trend is supported by the strong bearish signals given by short-term moving averages. The Central Indicators market scanner currently does not detect any result that concerns moving averages.
In fact, Central Analyzer took into account 18 technical indicators and the result was as follows: 8 are bullish, 4 are neutral and 6 are bearish. Caution: the Central Indicators scanner currently detects an excess:
CCI indicator is oversold : under -100
Type : Neutral
Timeframe : Daily
MACD indicator: bearish divergence
Type : Bearish
Timeframe : Daily
Price is back under the pivot point
Type : Bearish
Timeframe : Daily
Price is back under the pivot point
Type : Bearish
Timeframe : Weekly
Momentum indicator is back under 0
Type : Bearish
Timeframe : Daily
Williams %R indicator is back under -50
Type : Bearish
Timeframe : Daily
The Central Patterns scanner, which studies chart patterns, resistances and supports, has identified these signals:
Near support of channel
Type : Bullish
Timeframe : Daily
Horizontal support is broken
Type : Bearish
Timeframe : Daily
The Central Candlesticks scanner, specialised in Japanese candlesticks, did not identify any signals.
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 0.6031 | 0.6316 | 0.6417 | 0.6504 | 0.6558 | 0.6727 | 0.6798 |
| Change (%) | -7.27% | -2.89% | -1.34% | - | +0.83% | +3.43% | +4.52% |
| Change | -0.0473 | -0.0188 | -0.0087 | - | +0.0054 | +0.0223 | +0.0294 |
| Level | Intermediate | Major | Intermediate | - | Major | Major | Intermediate |
Attention could also be paid to pivot points to set price objectives:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.6423 | 0.6454 | 0.6481 | 0.6512 | 0.6539 | 0.6570 | 0.6597 |
| Camarilla | 0.6491 | 0.6496 | 0.6502 | 0.6507 | 0.6512 | 0.6518 | 0.6523 |
| Woodie | 0.6420 | 0.6453 | 0.6478 | 0.6511 | 0.6536 | 0.6569 | 0.6594 |
| Fibonacci | 0.6454 | 0.6476 | 0.6490 | 0.6512 | 0.6534 | 0.6548 | 0.6570 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.6328 | 0.6403 | 0.6443 | 0.6518 | 0.6558 | 0.6633 | 0.6673 |
| Camarilla | 0.6451 | 0.6462 | 0.6472 | 0.6483 | 0.6494 | 0.6504 | 0.6515 |
| Woodie | 0.6310 | 0.6394 | 0.6425 | 0.6509 | 0.6540 | 0.6624 | 0.6655 |
| Fibonacci | 0.6403 | 0.6447 | 0.6474 | 0.6518 | 0.6562 | 0.6589 | 0.6633 |
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): | 39.29 | |
| MACD (12,26,9): | -0.0036 | |
| Directional Movement: | -3.3944 | |
| AROON (14): | -57.1429 | |
| DEMA (21): | 0.6496 | |
| Parabolic SAR (0,02-0,02-0,2): | 0.6544 | |
| Elder Ray (13): | -0.0022 | |
| Super Trend (3,10): | 0.6614 | |
| Zig ZAG (10): | 0.6505 | |
| VORTEX (21): | 0.9459 | |
| Stochastique (14,3,5): | 37.53 | |
| TEMA (21): | 0.6500 | |
| Williams %R (14): | -70.08 | |
| Chande Momentum Oscillator (20): | -0.0050 | |
| Repulse (5,40,3): | 0.0552 | |
| ROCnROLL: | 2 | |
| TRIX (15,9): | -0.0838 | |
| Courbe Coppock: | 1.36 |
| MA7: | 0.6512 | |
| MA20: | 0.6543 | |
| MA50: | 0.6641 | |
| MA100: | 0.6732 | |
| MAexp7: | 0.6515 | |
| MAexp20: | 0.6546 | |
| MAexp50: | 0.6617 | |
| MAexp100: | 0.6671 | |
| Price / MA7: | -0.12% | |
| Price / MA20: | -0.60% | |
| Price / MA50: | -2.06% | |
| Price / MA100: | -3.39% | |
| Price / MAexp7: | -0.17% | |
| Price / MAexp20: | -0.64% | |
| Price / MAexp50: | -1.71% | |
| Price / MAexp100: | -2.50% |
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.
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