NZD/CZK - 1H - Technical analysis published on 12/10/2020 (GMT)
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- Timeframe : 1H
- - Analysis generated on
- Status : INVALID
Analysis too old. There are no more charts available.
Summary of the analysis
Trends
Court terme:
Neutral
De fond:
Bearish
Technical indicators
67%
0%
33%
My opinion
Bearish under 15.328 CZK
My targets
15.233 CZK (-0.073)
15.175 CZK (-0.131)
My analysis
Has the basic bearish trend slowed or is it lacking in power? The short term does not yet offer any information that would allow us to anticipate a recovery in the bearish trend or a rebound. Sellers” generally have the upper hand, even if a small correction (not tradeable) on the resistance located at 15.328 CZK remains possible. It is advisable to trade NZD/CZK with the greatest caution, while favouring short positions (for sale) as long as the price remains well below 15.328 CZK. The next bearish objective for sellers is set at 15.233 CZK. A bearish break of this support would revive the bearish momentum. The sellers could then target the support located at 15.175 CZK. In case of crossing, the next objective would be the support located at 14.903 CZK. PS: if there is a bullish break in the resistance located at 15.328 CZK we suggest that you produce a new automated technical analysis. In fact, conditions should have changed. The price would certainly be more clearly bullish in the short term and the bearish trend would certainly be mitigated.
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
0
10
0.4
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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 rating is 15.306 CZK. The price registered an increase of +0.20% on the session with the lowest point at 15.258 CZK and the highest point at 15.328 CZK. The deviation from the price is +0.31% for the low point and -0.14% for the high point.15.258
15.328
15.306
A bearish opening was detected by the Central Gaps scanner. Sellers are trying to impose a bearish trend in the very short term.
Bearish opening
Type : Bearish
Timeframe : Openning
Here is a more detailed summary of the historical variations registered by NZD/CZK:
Near a new HIGH record (1st january)
Type : Bullish
Timeframe : Weekly
Technical
Technical analysis of NZD/CZK in 1H shows an overall bearish trend. 67.86% of the signals given by moving averages are bearish. Caution: as the signals currently given by short-term moving averages are rather neutral, the bearish trend could slow down. An assessment of moving averages reveals several bullish signals that could impact this trend:
Bullish trend reversal : adaptative moving average 20
Type : Bullish
Timeframe : 1 hour
Bullish price crossover with Moving Average 20
Type : Bullish
Timeframe : 1 hour
Bullish price crossover with Moving Average 50
Type : Bullish
Timeframe : 1 hour
Bullish price crossover with adaptative moving average 20
Type : Bullish
Timeframe : 1 hour
In fact, according to the parameters integrated into the Central Analyzer system, 12 technical indicators out of 18 analysed are currently bullish. Caution: the Central Indicators scanner currently detects an excess:
Williams %R indicator is overbought : over -20
Type : Neutral
Timeframe : 1 hour
Price is back over the pivot point
Type : Bullish
Timeframe : 1 hour
Price is back under the pivot point
Type : Bearish
Timeframe : Weekly
Momentum indicator is back over 0
Type : Bullish
Timeframe : 1 hour
Williams %R indicator is back over -50
Type : Bullish
Timeframe : 1 hour
Central Patterns, the market scanner focusing on chart patterns, resistances and supports found this result:
Horizontal support is broken
Type : Bearish
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 | 14.604 | 14.903 | 15.175 | 15.306 | 15.314 | 15.328 | 15.347 |
| Change (%) | -4.59% | -2.63% | -0.86% | - | +0.05% | +0.14% | +0.27% |
| Change | -0.702 | -0.403 | -0.131 | - | +0.008 | +0.022 | +0.041 |
| Level | Minor | Major | Major | - | Minor | Minor | Major |
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 | 15.141 | 15.202 | 15.238 | 15.299 | 15.335 | 15.396 | 15.432 |
| Camarilla | 15.248 | 15.257 | 15.266 | 15.275 | 15.284 | 15.293 | 15.302 |
| Woodie | 15.130 | 15.196 | 15.227 | 15.293 | 15.324 | 15.390 | 15.421 |
| Fibonacci | 15.202 | 15.239 | 15.262 | 15.299 | 15.336 | 15.359 | 15.396 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 15.153 | 15.233 | 15.306 | 15.386 | 15.459 | 15.539 | 15.612 |
| Camarilla | 15.336 | 15.350 | 15.364 | 15.378 | 15.392 | 15.406 | 15.420 |
| Woodie | 15.149 | 15.231 | 15.302 | 15.384 | 15.455 | 15.537 | 15.608 |
| Fibonacci | 15.233 | 15.292 | 15.328 | 15.386 | 15.445 | 15.481 | 15.539 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 14.835 | 14.984 | 15.217 | 15.366 | 15.599 | 15.748 | 15.981 |
| Camarilla | 15.345 | 15.380 | 15.415 | 15.450 | 15.485 | 15.520 | 15.555 |
| Woodie | 14.877 | 15.005 | 15.259 | 15.387 | 15.641 | 15.769 | 16.023 |
| Fibonacci | 14.984 | 15.130 | 15.220 | 15.366 | 15.512 | 15.602 | 15.748 |
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): | 53.01 | |
| MACD (12,26,9): | -0.0060 | |
| Directional Movement: | -2.061 | |
| AROON (14): | 35.714 | |
| DEMA (21): | 15.295 | |
| Parabolic SAR (0,02-0,02-0,2): | 15.259 | |
| Elder Ray (13): | 0.019 | |
| Super Trend (3,10): | 15.354 | |
| Zig ZAG (10): | 15.317 | |
| VORTEX (21): | 1.0380 | |
| Stochastique (14,3,5): | 73.06 | |
| TEMA (21): | 15.299 | |
| Williams %R (14): | -14.29 | |
| Chande Momentum Oscillator (20): | 0.022 | |
| Repulse (5,40,3): | 0.1620 | |
| ROCnROLL: | -1 | |
| TRIX (15,9): | -0.0100 | |
| Courbe Coppock: | 0.22 |
| MA7: | 15.353 | |
| MA20: | 15.368 | |
| MA50: | 15.354 | |
| MA100: | 15.114 | |
| MAexp7: | 15.301 | |
| MAexp20: | 15.303 | |
| MAexp50: | 15.322 | |
| MAexp100: | 15.342 | |
| Price / MA7: | -0.31% | |
| Price / MA20: | -0.40% | |
| Price / MA50: | -0.31% | |
| Price / MA100: | +1.27% | |
| Price / MAexp7: | +0.03% | |
| Price / MAexp20: | +0.02% | |
| Price / MAexp50: | -0.10% | |
| Price / MAexp100: | -0.23% |
Quotes :
2020-12-10 08:32:31
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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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