NZD/HKD - 1H - Technical analysis published on 07/09/2020 (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:
Bullish
De fond:
Strongly bullish
Technical indicators
28%
28%
44%
My opinion
Bullish above 5.0613 HKD
My targets
5.1440 HKD (+0.0460)
5.1665 HKD (+0.0685)
My analysis
All elements being clearly bullish, it would be possible for traders to trade only long positions (at the time of purchase) on NZD/HKD as long as the price remains well above 5.0613 HKD. The buyers” bullish objective is set at 5.1440 HKD. A bullish break in this resistance would boost the bullish momentum. The buyers could then target the resistance located at 5.1665 HKD. If there is any crossing, the next objective would be the resistance located at 5.2499 HKD. Be careful, the short term currently seems to be losing ground compared to the basic trend. Longer time units should be analysed to identify possible overbought items that could be a sign of a possible short-term correction.
In the very short term, the general bullish sentiment is not called into question, despite technical indicators being indecisive.
Force
0
10
5.4
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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/HKD rating is 5.0980 HKD. The price has increased by +0.08% since the last closing and was traded between 5.0863 HKD and 5.1096 HKD over the period. The price is currently at +0.23% from its lowest and -0.23% from its highest.5.0863
5.1096
5.0980
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
Near a new LOW record (1 month)
Type : Bearish
Timeframe : Weekly
Technical
Technical analysis of NZD/HKD in 1H shows a strongly overall bullish trend. 89.29% of the signals given by moving averages are bullish. The slightly bullish signals given by the short-term moving averages show a weakening of the global trend. There is no crossing of moving average by the price or crossing of moving averages between themselves.
On the 18 technical indicators analysed, 5 are bullish, 8 are neutral and 5 are bearish. But beware of excesses. The Central Indicators scanner currently detects this:
RSI indicator: bearish divergence
Type : Bearish
Timeframe : 1 hour
Williams %R indicator is overbought : over -20
Type : Neutral
Timeframe : 1 hour
Price is back over the pivot point
Type : Bullish
Timeframe : Weekly
Central Patterns, the scanner specializing in chart patterns, did not identify any signals.
The Central Candlesticks scanner which studies Japanese candlesticks did not detect anything.
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 4.9940 | 5.0475 | 5.0613 | 5.0980 | 5.0987 | 5.1665 | 5.2499 |
| Change (%) | -2.04% | -0.99% | -0.72% | - | +0.01% | +1.34% | +2.98% |
| Change | -0.1040 | -0.0505 | -0.0367 | - | +0.0007 | +0.0685 | +0.1519 |
| Level | Minor | Major | Major | - | Intermediate | 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 | 5.0313 | 5.0460 | 5.0701 | 5.0848 | 5.1089 | 5.1236 | 5.1477 |
| Camarilla | 5.0834 | 5.0870 | 5.0905 | 5.0941 | 5.0977 | 5.1012 | 5.1048 |
| Woodie | 5.0359 | 5.0484 | 5.0747 | 5.0872 | 5.1135 | 5.1260 | 5.1523 |
| Fibonacci | 5.0460 | 5.0609 | 5.0700 | 5.0848 | 5.0997 | 5.1088 | 5.1236 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 4.8706 | 4.9098 | 4.9877 | 5.0269 | 5.1048 | 5.1440 | 5.2219 |
| Camarilla | 5.0333 | 5.0440 | 5.0548 | 5.0655 | 5.0762 | 5.0870 | 5.0977 |
| Woodie | 4.8899 | 4.9195 | 5.0070 | 5.0366 | 5.1241 | 5.1537 | 5.2412 |
| Fibonacci | 4.9098 | 4.9546 | 4.9822 | 5.0269 | 5.0717 | 5.0993 | 5.1440 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 4.5242 | 4.6604 | 4.8296 | 4.9658 | 5.1350 | 5.2712 | 5.4404 |
| Camarilla | 4.9149 | 4.9429 | 4.9709 | 4.9989 | 5.0269 | 5.0549 | 5.0829 |
| Woodie | 4.5408 | 4.6687 | 4.8462 | 4.9741 | 5.1516 | 5.2795 | 5.4570 |
| Fibonacci | 4.6604 | 4.7770 | 4.8491 | 4.9658 | 5.0824 | 5.1545 | 5.2712 |
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): | 52.18 | |
| MACD (12,26,9): | 0.0054 | |
| Directional Movement: | 7.0744 | |
| AROON (14): | 50.0000 | |
| DEMA (21): | 5.1018 | |
| Parabolic SAR (0,02-0,02-0,2): | 5.0917 | |
| Elder Ray (13): | -0.0030 | |
| Super Trend (3,10): | 5.0825 | |
| Zig ZAG (10): | 5.0949 | |
| VORTEX (21): | 1.1767 | |
| Stochastique (14,3,5): | 61.07 | |
| TEMA (21): | 5.1036 | |
| Williams %R (14): | -63.09 | |
| Chande Momentum Oscillator (20): | -0.0001 | |
| Repulse (5,40,3): | -0.0141 | |
| ROCnROLL: | -1 | |
| TRIX (15,9): | 0.0171 | |
| Courbe Coppock: | 0.33 |
| MA7: | 5.0691 | |
| MA20: | 5.0216 | |
| MA50: | 4.8910 | |
| MA100: | 4.7985 | |
| MAexp7: | 5.1008 | |
| MAexp20: | 5.0945 | |
| MAexp50: | 5.0857 | |
| MAexp100: | 5.0732 | |
| Price / MA7: | +0.57% | |
| Price / MA20: | +1.52% | |
| Price / MA50: | +4.23% | |
| Price / MA100: | +6.24% | |
| Price / MAexp7: | -0.05% | |
| Price / MAexp20: | +0.07% | |
| Price / MAexp50: | +0.24% | |
| Price / MAexp100: | +0.49% |
Quotes :
2020-07-09 10:18:28
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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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