NZD/CZK - 1H - Technical analysis published on 03/15/2021 (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 bullish
De fond:
Slightly bullish
Technical indicators
83%
0%
17%
My opinion
Bullish above 15.755 CZK
My targets
15.811 CZK (+0.022)
15.866 CZK (+0.077)
My analysis
The short-term increase currently reinforces the basic trend, which is only slightly bullish. It would be possible for traders to only trade long positions (at the time of purchase) on NZD/CZK as long as the price remains well above 15.755 CZK. The buyers” bullish objective is set at 15.811 CZK. A bullish break in this resistance would boost the bullish momentum. The buyers could then target the resistance located at 15.866 CZK. If there is any crossing, the next objective would be the resistance located at 15.918 CZK.
In the very short term, the general bullish sentiment is confirmed by technical indicators. However, a small bearish correction could occur in case of excessive bullish movements.
Force
0
10
4.8
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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 15.789 CZK. The price registered an increase of +0.39% on the session and was traded between 15.703 CZK and 15.808 CZK over the period. The price is currently at +0.55% from its lowest and -0.12% from its highest.15.703
15.808
15.789
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
So that you have an overall view of the price change, here is a table showing the variations over several periods:
Technical
Technical analysis of this 1H chart of NZD/CZK indicates that the overall trend is slightly bullish. Only 53.57% of the signals given by moving averages are bullish. This slightly bullish trend is reinforced by the strong signals currently being given by short-term moving averages. The Central Indicators market scanner currently does not detect any result that concerns moving averages.
In fact, according to the parameters integrated into the Central Analyzer system, 15 technical indicators out of 18 analysed are currently bullish. Caution: the Central Indicators scanner currently detects an excess:
CCI indicator is overbought : over 100
Type : Neutral
Timeframe : 1 hour
CCI indicator: bearish divergence
Type : Bearish
Timeframe : 1 hour
MACD indicator: bearish divergence
Type : Bearish
Timeframe : 1 hour
RSI indicator: bearish divergence
Type : Bearish
Timeframe : 1 hour
RSI indicator: bullish divergence
Type : Bullish
Timeframe : 1 hour
Williams %R indicator is overbought : over -20
Type : Neutral
Timeframe : 1 hour
Pivot points : price is over resistance 1
Type : Neutral
Timeframe : 1 hour
Pivot points : price is under support 1
Type : Neutral
Timeframe : 1 hour
Ichimoku : price is under the cloud
Type : Bearish
Timeframe : 1 hour
Price is back over the pivot point
Type : Bullish
Timeframe : Weekly
Price is back under the pivot point
Type : Bearish
Timeframe : Weekly
The Central Patterns scanner, which studies chart patterns, resistances and supports, has identified this signal:
Resistance of triangle 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 | 15.700 | 15.719 | 15.755 | 15.789 | 15.811 | 15.866 | 15.918 |
| Change (%) | -0.56% | -0.44% | -0.22% | - | +0.14% | +0.49% | +0.82% |
| Change | -0.089 | -0.070 | -0.034 | - | +0.022 | +0.077 | +0.129 |
| Level | Major | Minor | Intermediate | - | Minor | Major | 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 | 15.573 | 15.638 | 15.682 | 15.747 | 15.791 | 15.856 | 15.900 |
| Camarilla | 15.697 | 15.707 | 15.717 | 15.727 | 15.737 | 15.747 | 15.757 |
| Woodie | 15.564 | 15.633 | 15.673 | 15.742 | 15.782 | 15.851 | 15.891 |
| Fibonacci | 15.638 | 15.679 | 15.705 | 15.747 | 15.788 | 15.814 | 15.856 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 15.431 | 15.566 | 15.647 | 15.782 | 15.863 | 15.998 | 16.079 |
| Camarilla | 15.668 | 15.687 | 15.707 | 15.727 | 15.747 | 15.767 | 15.786 |
| Woodie | 15.403 | 15.553 | 15.619 | 15.769 | 15.835 | 15.985 | 16.051 |
| Fibonacci | 15.566 | 15.649 | 15.700 | 15.782 | 15.865 | 15.916 | 15.998 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 14.617 | 14.946 | 15.314 | 15.643 | 16.011 | 16.340 | 16.708 |
| Camarilla | 15.490 | 15.554 | 15.618 | 15.682 | 15.746 | 15.810 | 15.874 |
| Woodie | 14.637 | 14.956 | 15.334 | 15.653 | 16.031 | 16.350 | 16.728 |
| Fibonacci | 14.946 | 15.212 | 15.377 | 15.643 | 15.909 | 16.074 | 16.340 |
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): | 56.70 | |
| MACD (12,26,9): | 0.0080 | |
| Directional Movement: | 6.923 | |
| AROON (14): | 100.000 | |
| DEMA (21): | 15.774 | |
| Parabolic SAR (0,02-0,02-0,2): | 15.754 | |
| Elder Ray (13): | 0.024 | |
| Super Trend (3,10): | 15.727 | |
| Zig ZAG (10): | 15.791 | |
| VORTEX (21): | 1.1370 | |
| Stochastique (14,3,5): | 91.46 | |
| TEMA (21): | 15.794 | |
| Williams %R (14): | -13.33 | |
| Chande Momentum Oscillator (20): | 0.072 | |
| Repulse (5,40,3): | 0.0560 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | 0.0010 | |
| Courbe Coppock: | 0.78 |
| MA7: | 15.812 | |
| MA20: | 15.713 | |
| MA50: | 15.548 | |
| MA100: | 15.453 | |
| MAexp7: | 15.788 | |
| MAexp20: | 15.770 | |
| MAexp50: | 15.773 | |
| MAexp100: | 15.784 | |
| Price / MA7: | -0.15% | |
| Price / MA20: | +0.48% | |
| Price / MA50: | +1.55% | |
| Price / MA100: | +2.17% | |
| Price / MAexp7: | +0.01% | |
| Price / MAexp20: | +0.12% | |
| Price / MAexp50: | +0.10% | |
| Price / MAexp100: | +0.03% |
Quotes :
2021-03-15 10:40:16
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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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