NZD/CZK - 1H - Technical analysis published on 08/20/2020 (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
Court terme:
Strongly bearish
De fond:
Bearish
Technical indicators
17%
67%
17%
My opinion
Bearish under 14.476 CZK
My targets
14.405 CZK (-0.034)
14.360 CZK (-0.079)
My analysis
NZD/CZK is part of a very strong bearish trend. Traders may consider trading only short positions (for sale) as long as the price remains well below 14.476 CZK. The next support located at 14.405 CZK is the next bearish objective to target. A bearish break of this support would revive the bearish momentum. The bearish movement could then continue towards the next support located at 14.360 CZK. Below this support, sellers could then target 14.308 CZK.
In the very short term, the general bearish sentiment is confirmed by technical indicators. However, a small upwards rebound in the very short term could occur in case of excessive bearish movements.
Force
0
10
5.2
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This analysis was given by Vincent Launay. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
NZD/CZK rating 14.439 CZK. On the day, this instrument lost -0.15% and was traded between 14.434 CZK and 14.471 CZK over the period. The price is currently at +0.03% from its lowest and -0.22% from its highest.14.434
14.471
14.439
The Central Gaps scanner detects a bullish opening. A small advantage for buyers in the very short term.
Bullish opening
Type : Bullish
Timeframe : Openning
A study of price movements over other periods shows the following variations:
Near a new LOW record (1 month)
Type : Bearish
Timeframe : Weekly
Technical
A technical analysis in 1H of this NZD/CZK chart shows a bearish trend. 67.86% of the signals given by moving averages are bearish. This bearish trend is supported by the strong bearish signals given by short-term moving averages. The Central Indicators market scanner is currently detecting a bearish signal that could impact this trend:
Bearish price crossover with Moving Average 50
Type : Bearish
Timeframe : 1 hour
An assessment of technical indicators shows a bearish signal.
The Central Indicators scanner found this result concerning these indicators:
Price is back under the pivot point
Type : Bearish
Timeframe : Weekly
An analysis of the price chart with the Central Patterns scanner (detector of chart patterns and resistances and supports) shows a result that can have an impact on the price change:
Resistance of triangle is broken
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 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 14.308 | 14.360 | 14.405 | 14.439 | 14.476 | 14.555 | 14.604 |
| Change (%) | -0.91% | -0.55% | -0.24% | - | +0.26% | +0.80% | +1.14% |
| Change | -0.131 | -0.079 | -0.034 | - | +0.037 | +0.116 | +0.165 |
| Level | Intermediate | Major | Minor | - | Major | Minor | 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 | 14.272 | 14.348 | 14.404 | 14.480 | 14.536 | 14.612 | 14.668 |
| Camarilla | 14.425 | 14.437 | 14.449 | 14.461 | 14.473 | 14.485 | 14.497 |
| Woodie | 14.263 | 14.343 | 14.395 | 14.475 | 14.527 | 14.607 | 14.659 |
| Fibonacci | 14.348 | 14.398 | 14.429 | 14.480 | 14.530 | 14.561 | 14.612 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 13.922 | 14.164 | 14.288 | 14.530 | 14.654 | 14.896 | 15.020 |
| Camarilla | 14.312 | 14.346 | 14.379 | 14.413 | 14.447 | 14.480 | 14.514 |
| Woodie | 13.864 | 14.135 | 14.230 | 14.501 | 14.596 | 14.867 | 14.962 |
| Fibonacci | 14.164 | 14.304 | 14.390 | 14.530 | 14.670 | 14.756 | 14.896 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 13.643 | 14.182 | 14.477 | 15.016 | 15.311 | 15.850 | 16.145 |
| Camarilla | 14.544 | 14.620 | 14.697 | 14.773 | 14.850 | 14.926 | 15.002 |
| Woodie | 13.522 | 14.121 | 14.356 | 14.955 | 15.190 | 15.789 | 16.024 |
| Fibonacci | 14.182 | 14.500 | 14.697 | 15.016 | 15.334 | 15.531 | 15.850 |
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): | 40.81 | |
| MACD (12,26,9): | -0.0050 | |
| Directional Movement: | -8.105 | |
| AROON (14): | -57.143 | |
| DEMA (21): | 14.461 | |
| Parabolic SAR (0,02-0,02-0,2): | 14.467 | |
| Elder Ray (13): | -0.011 | |
| Super Trend (3,10): | 14.520 | |
| Zig ZAG (10): | 14.453 | |
| VORTEX (21): | 0.9250 | |
| Stochastique (14,3,5): | 23.75 | |
| TEMA (21): | 14.452 | |
| Williams %R (14): | -73.75 | |
| Chande Momentum Oscillator (20): | -0.041 | |
| Repulse (5,40,3): | 0.0620 | |
| ROCnROLL: | 2 | |
| TRIX (15,9): | 0.0010 | |
| Courbe Coppock: | 0.59 |
| MA7: | 14.466 | |
| MA20: | 14.668 | |
| MA50: | 15.063 | |
| MA100: | 15.117 | |
| MAexp7: | 14.458 | |
| MAexp20: | 14.464 | |
| MAexp50: | 14.459 | |
| MAexp100: | 14.467 | |
| Price / MA7: | -0.19% | |
| Price / MA20: | -1.56% | |
| Price / MA50: | -4.14% | |
| Price / MA100: | -4.49% | |
| Price / MAexp7: | -0.13% | |
| Price / MAexp20: | -0.17% | |
| Price / MAexp50: | -0.14% | |
| Price / MAexp100: | -0.19% |
Quotes :
2020-08-20 06:55:28
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Real time data
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Forex
This member declared not having a position on this financial instrument or a related financial instrument.
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