NZD/HKD - 1H - Technical analysis published on 11/09/2021 (GMT)
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- Timeframe : 1H
- - Analysis generated on
- Status : INVALID
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Summary of the analysis
Trends
Short term:
Neutral
Underlying:
Bullish
Technical indicators
33%
22%
44%
My opinion
Bullish above 5.5622 HKD
My targets
5.5878 HKD (+0.0131)
5.6021 HKD (+0.0274)
My analysis
We are currently in a phase of short-term indecision. In a case like this, you could favour trades in the direction of the basic trend on NZD/HKD. As long as you are above the support located at 5.5622 HKD, traders with an aggressive trading strategy could consider a purchase. A cross of the resistance located at 5.5878 HKD would be a signal that the basic trade will reverse and the short-term trend could then quickly become bullish. Buyers would then use the next resistance located at 5.6021 HKD as an objective. Crossing it would then enable buyers to target 5.6127 HKD. If the support 5.5622 HKD were to be broken, this would simply be a sign of a possible continuation of short-term consolidation and trading against the trend would then perhaps be more risky.
Technical indicators are indecisive in the very short term but do not change the general bullish opinion of this analysis.
Force
0
10
4.6
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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/HKD rating 5.5747 HKD. On the day, this instrument lost -0.06% with the lowest point at 5.5674 HKD and the highest point at 5.5883 HKD. The deviation from the price is +0.13% for the low point and -0.24% for the high point.5.5674
5.5883
5.5747
Here is a more detailed summary of the historical variations registered by NZD/HKD:
Technical
A technical analysis in 1H of this NZD/HKD chart shows a bullish trend. 78.57% of the signals given by moving averages are bullish. Caution: the neutral signals currently given by short-term moving averages show us that the global trend is losing momentum. The Central Indicators market scanner is currently detecting a bearish signal that could impact this trend:
Bearish price crossover with Moving Average 20
Type : Bearish
Timeframe : 1 hour
The technical indicators are generally neutral. They do not provide relevant information on the direction of future price movements.
Other results related to technical indicators were also found by the Central Indicators scanner:
Price is back under the pivot point
Type : Bearish
Timeframe : Weekly
Momentum indicator is back under 0
Type : Bearish
Timeframe : 1 hour
Williams %R indicator is back under -50
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
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 | 5.5294 | 5.5501 | 5.5622 | 5.5747 | 5.5786 | 5.5878 | 5.6021 |
| Change (%) | -0.81% | -0.44% | -0.22% | - | +0.07% | +0.23% | +0.49% |
| Change | -0.0453 | -0.0246 | -0.0125 | - | +0.0039 | +0.0131 | +0.0274 |
| Level | Intermediate | Intermediate | Major | - | 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 | 5.4815 | 5.5055 | 5.5418 | 5.5658 | 5.6021 | 5.6261 | 5.6624 |
| Camarilla | 5.5616 | 5.5672 | 5.5727 | 5.5782 | 5.5837 | 5.5893 | 5.5948 |
| Woodie | 5.4878 | 5.5086 | 5.5481 | 5.5689 | 5.6084 | 5.6292 | 5.6687 |
| Fibonacci | 5.5055 | 5.5285 | 5.5427 | 5.5658 | 5.5888 | 5.6030 | 5.6261 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 5.3973 | 5.4516 | 5.4936 | 5.5479 | 5.5899 | 5.6442 | 5.6862 |
| Camarilla | 5.5092 | 5.5181 | 5.5269 | 5.5357 | 5.5445 | 5.5534 | 5.5622 |
| Woodie | 5.3913 | 5.4485 | 5.4876 | 5.5448 | 5.5839 | 5.6411 | 5.6802 |
| Fibonacci | 5.4516 | 5.4884 | 5.5111 | 5.5479 | 5.5847 | 5.6074 | 5.6442 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 5.1567 | 5.2556 | 5.4150 | 5.5139 | 5.6733 | 5.7722 | 5.9316 |
| Camarilla | 5.5035 | 5.5272 | 5.5508 | 5.5745 | 5.5982 | 5.6219 | 5.6455 |
| Woodie | 5.1871 | 5.2707 | 5.4454 | 5.5290 | 5.7037 | 5.7873 | 5.9620 |
| Fibonacci | 5.2556 | 5.3542 | 5.4152 | 5.5139 | 5.6125 | 5.6735 | 5.7722 |
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): | 55.79 | |
| MACD (12,26,9): | 0.0055 | |
| Directional Movement: | 5.1634 | |
| AROON (14): | 21.4285 | |
| DEMA (21): | 5.5832 | |
| Parabolic SAR (0,02-0,02-0,2): | 5.5686 | |
| Elder Ray (13): | 0.0013 | |
| Super Trend (3,10): | 5.5559 | |
| Zig ZAG (10): | 5.5769 | |
| VORTEX (21): | 1.0937 | |
| Stochastique (14,3,5): | 56.81 | |
| TEMA (21): | 5.5804 | |
| Williams %R (14): | -65.55 | |
| Chande Momentum Oscillator (20): | -0.0075 | |
| Repulse (5,40,3): | -0.1254 | |
| ROCnROLL: | -1 | |
| TRIX (15,9): | 0.0199 | |
| Courbe Coppock: | 0.17 |
| MA7: | 5.5626 | |
| MA20: | 5.5508 | |
| MA50: | 5.4989 | |
| MA100: | 5.4660 | |
| MAexp7: | 5.5775 | |
| MAexp20: | 5.5747 | |
| MAexp50: | 5.5631 | |
| MAexp100: | 5.5582 | |
| Price / MA7: | +0.22% | |
| Price / MA20: | +0.43% | |
| Price / MA50: | +1.38% | |
| Price / MA100: | +1.99% | |
| Price / MAexp7: | -0.05% | |
| Price / MAexp20: | -0% | |
| Price / MAexp50: | +0.21% | |
| Price / MAexp100: | +0.30% |
Quotes :
-
Real time data
-
Forex
This member declared not having a position on this financial instrument or a related financial instrument.
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