NZD/CZK - 1H - Technical analysis published on 01/28/2021 (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 bearish
De fond:
Strongly bearish
Technical indicators
28%
50%
22%
My opinion
Bearish under 15.457 CZK
My targets
15.330 CZK (-0.036)
15.180 CZK (-0.186)
My analysis
All elements being clearly bearish, it would be possible for traders to trade only short positions (for sale) on NZD/CZK as long as the price remains well below 15.457 CZK. The sellers” bearish objective is set at 15.330 CZK. A bearish break of this support would revive the bearish momentum. The sellers could then target the support located at 15.180 CZK. In case of crossing, the next objective would be the support located at 15.047 CZK. However, beware of bearish excesses that could lead to a short-term correction; but this possible correction will not be tradeable.
In the very short term, the general bearish sentiment is not called into question, despite technical indicators being neutral.
Force
0
10
6.4
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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
NZD/CZK rating 15.366 CZK. On the day, this instrument lost -0.14% with the lowest point at 15.365 CZK and the highest point at 15.414 CZK. The deviation from the price is +0.01% for the low point and -0.31% for the high point.15.365
15.414
15.366
The Central Gaps scanner detects a bearish opening. A small advantage for sellers in the very short term.
Bearish opening
Type : Bearish
Timeframe : Openning
A study of price movements over other periods shows the following variations:
Technical
Technical analysis of this 1H chart of NZD/CZK indicates that the overall trend is strongly bearish. 89.29% of the signals given by moving averages are bearish. The overall trend is supported by the strong bearish signals from short-term moving averages. The Central Indicators scanner does not detect any result on moving averages that would impact this trend.
On the 18 technical indicators analysed, 5 are bullish, 4 are neutral and 9 are bearish. Caution: the Central Indicators scanner currently detects an excess:
CCI indicator: bullish divergence
Type : Bullish
Timeframe : 1 hour
Williams %R indicator is oversold : under -80
Type : Neutral
Timeframe : 1 hour
Williams %R indicator is overbought : over -20
Type : Neutral
Timeframe : 1 hour
Price is back under the pivot point
Type : Bearish
Timeframe : Weekly
Central Patterns, the market scanner focusing on chart patterns, resistances and supports found these results:
Resistance of triangle is broken
Type : Bullish
Timeframe : 1 hour
Horizontal support is broken
Type : Bearish
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 | 15.047 | 15.180 | 15.330 | 15.366 | 15.373 | 15.457 | 15.488 |
| Change (%) | -2.08% | -1.21% | -0.23% | - | +0.05% | +0.59% | +0.79% |
| Change | -0.319 | -0.186 | -0.036 | - | +0.007 | +0.091 | +0.122 |
| Level | Minor | Major | Minor | - | Intermediate | 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 | 15.219 | 15.302 | 15.345 | 15.428 | 15.471 | 15.554 | 15.597 |
| Camarilla | 15.353 | 15.365 | 15.376 | 15.388 | 15.400 | 15.411 | 15.423 |
| Woodie | 15.199 | 15.292 | 15.325 | 15.418 | 15.451 | 15.544 | 15.577 |
| Fibonacci | 15.302 | 15.350 | 15.380 | 15.428 | 15.476 | 15.506 | 15.554 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 15.133 | 15.231 | 15.325 | 15.423 | 15.517 | 15.615 | 15.709 |
| Camarilla | 15.365 | 15.383 | 15.400 | 15.418 | 15.436 | 15.453 | 15.471 |
| Woodie | 15.130 | 15.230 | 15.322 | 15.422 | 15.514 | 15.614 | 15.706 |
| Fibonacci | 15.231 | 15.305 | 15.350 | 15.423 | 15.497 | 15.542 | 15.615 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 14.792 | 14.946 | 15.186 | 15.340 | 15.580 | 15.734 | 15.974 |
| Camarilla | 15.318 | 15.354 | 15.390 | 15.426 | 15.462 | 15.498 | 15.534 |
| Woodie | 14.835 | 14.968 | 15.229 | 15.362 | 15.623 | 15.756 | 16.017 |
| Fibonacci | 14.946 | 15.097 | 15.190 | 15.340 | 15.491 | 15.584 | 15.734 |
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): | 30.41 | |
| MACD (12,26,9): | -0.0260 | |
| Directional Movement: | -16.695 | |
| AROON (14): | -92.857 | |
| DEMA (21): | 15.388 | |
| Parabolic SAR (0,02-0,02-0,2): | 15.417 | |
| Elder Ray (13): | -0.024 | |
| Super Trend (3,10): | 15.445 | |
| Zig ZAG (10): | 15.393 | |
| VORTEX (21): | 0.7970 | |
| Stochastique (14,3,5): | 13.92 | |
| TEMA (21): | 15.376 | |
| Williams %R (14): | -74.11 | |
| Chande Momentum Oscillator (20): | -0.050 | |
| Repulse (5,40,3): | 0.0900 | |
| ROCnROLL: | 2 | |
| TRIX (15,9): | -0.0220 | |
| Courbe Coppock: | 0.86 |
| MA7: | 15.450 | |
| MA20: | 15.452 | |
| MA50: | 15.385 | |
| MA100: | 15.338 | |
| MAexp7: | 15.394 | |
| MAexp20: | 15.419 | |
| MAexp50: | 15.448 | |
| MAexp100: | 15.455 | |
| Price / MA7: | -0.54% | |
| Price / MA20: | -0.56% | |
| Price / MA50: | -0.12% | |
| Price / MA100: | +0.18% | |
| Price / MAexp7: | -0.18% | |
| Price / MAexp20: | -0.34% | |
| Price / MAexp50: | -0.53% | |
| Price / MAexp100: | -0.58% |
Quotes :
2021-01-28 09:02:22
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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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