NZD/CZK - 1H - Technical analysis published on 11/16/2020 (GMT)
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- Timeframe : 1H
- - Analysis generated on
- Status : LEVEL MAINTAINED
Analysis too old. There are no more charts available.
Summary of the analysis
Trends
Court terme:
Strongly bullish
De fond:
Bullish
Technical indicators
83%
6%
11%
My opinion
Bullish above 15.354 CZK
My targets
15.454 CZK (+0.053)
15.515 CZK (+0.114)
My analysis
In the short term, there could be an acceleration of the basic bullish trend on NZD/CZK. This is a positive signal for buyers. As long as the price remains above 15.354 CZK, a purchase could be considered. The first bullish objective is located at 15.454 CZK. The bullish momentum would be boosted by a break in this resistance. Buyers would then use the next resistance located at 15.515 CZK as an objective. Crossing it would then enable buyers to target 15.866 CZK. In the event of a return below 15.354 CZK, the price would probably only initiate a small short-term correction to improve the bullish trend. Trading this correction may be risky.
Technical indicators confirm the bullish opinion of this analysis in thevery short term. However, be careful of excessive bullish movements. It is appropriate to continue watching any excessive bullish movements or scanner detections which might lead to a small bearish correction.
Force
0
10
5.7
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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
The NZD/CZK price is 15.401 CZK. On the day, this instrument gained +0.76% with the lowest point at 15.267 CZK and the highest point at 15.411 CZK. The deviation from the price is +0.88% for the low point and -0.06% for the high point.15.267
15.411
15.401
The Central Gaps scanner detects a bearish opening. A small advantage for sellers in the very short term.
Bearish opening
Type : Bearish
Timeframe : Openning
So that you have an overall view of the price change, here is a table showing the variations over several periods:
Near a new HIGH record (1st january)
Type : Bullish
Timeframe : Weekly
Technical
A technical analysis in 1H of this NZD/CZK chart shows a bullish trend. 64.29% of the signals given by moving averages are bullish. The overall trend is reinforced by the strong bullish signals from short-term moving averages. The Central Indicators market scanner currently does not detect any result that concerns moving averages.
In fact, 15 technical indicators on 18 studied are currently positioned bullish. Caution: the Central Indicators scanner currently detects an excess:
CCI indicator is overbought : over 100
Type : Neutral
Timeframe : 1 hour
RSI indicator: bearish divergence
Type : Bearish
Timeframe : 1 hour
Williams %R indicator is overbought : over -20
Type : Neutral
Timeframe : 1 hour
Pivot points : price is over resistance 2
Type : Neutral
Timeframe : 1 hour
Ichimoku : price is over the cloud
Type : Bullish
Timeframe : 1 hour
SuperTrend indicator bullish reversal
Type : Bullish
Timeframe : 1 hour
Momentum indicator is back under 0
Type : Bearish
Timeframe : 1 hour
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:
Horizontal resistance is broken
Type : Bullish
Timeframe : 1 hour
No result was found by the Central Candlesticks scanner on Japanese candlesticks.
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 15.258 | 15.312 | 15.354 | 15.401 | 15.454 | 15.515 | 15.866 |
| Change (%) | -0.93% | -0.58% | -0.31% | - | +0.34% | +0.74% | +3.02% |
| Change | -0.143 | -0.089 | -0.047 | - | +0.053 | +0.114 | +0.465 |
| Level | Minor | Intermediate | Intermediate | - | Minor | Major | 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 | 15.137 | 15.198 | 15.241 | 15.302 | 15.345 | 15.406 | 15.449 |
| Camarilla | 15.256 | 15.266 | 15.276 | 15.285 | 15.295 | 15.304 | 15.314 |
| Woodie | 15.129 | 15.194 | 15.233 | 15.298 | 15.337 | 15.402 | 15.441 |
| Fibonacci | 15.198 | 15.237 | 15.262 | 15.302 | 15.341 | 15.366 | 15.406 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 14.760 | 14.954 | 15.120 | 15.314 | 15.480 | 15.674 | 15.840 |
| Camarilla | 15.186 | 15.219 | 15.252 | 15.285 | 15.318 | 15.351 | 15.384 |
| Woodie | 14.745 | 14.947 | 15.105 | 15.307 | 15.465 | 15.667 | 15.825 |
| Fibonacci | 14.954 | 15.092 | 15.177 | 15.314 | 15.452 | 15.537 | 15.674 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 14.650 | 14.866 | 15.167 | 15.383 | 15.684 | 15.900 | 16.201 |
| Camarilla | 15.325 | 15.372 | 15.420 | 15.467 | 15.514 | 15.562 | 15.609 |
| Woodie | 14.692 | 14.887 | 15.209 | 15.404 | 15.726 | 15.921 | 16.243 |
| Fibonacci | 14.866 | 15.064 | 15.186 | 15.383 | 15.581 | 15.703 | 15.900 |
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): | 64.05 | |
| MACD (12,26,9): | 0.0060 | |
| Directional Movement: | 9.723 | |
| AROON (14): | 21.429 | |
| DEMA (21): | 15.332 | |
| Parabolic SAR (0,02-0,02-0,2): | 15.279 | |
| Elder Ray (13): | 0.037 | |
| Super Trend (3,10): | 15.269 | |
| Zig ZAG (10): | 15.375 | |
| VORTEX (21): | 1.1010 | |
| Stochastique (14,3,5): | 88.01 | |
| TEMA (21): | 15.346 | |
| Williams %R (14): | -7.97 | |
| Chande Momentum Oscillator (20): | 0.040 | |
| Repulse (5,40,3): | 0.4070 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | -0.0010 | |
| Courbe Coppock: | 0.13 |
| MA7: | 15.324 | |
| MA20: | 15.362 | |
| MA50: | 15.281 | |
| MA100: | 15.110 | |
| MAexp7: | 15.346 | |
| MAexp20: | 15.328 | |
| MAexp50: | 15.335 | |
| MAexp100: | 15.340 | |
| Price / MA7: | +0.50% | |
| Price / MA20: | +0.25% | |
| Price / MA50: | +0.79% | |
| Price / MA100: | +1.93% | |
| Price / MAexp7: | +0.36% | |
| Price / MAexp20: | +0.48% | |
| Price / MAexp50: | +0.43% | |
| Price / MAexp100: | +0.40% |
Quotes :
2020-11-16 16:30:10
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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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