NZD/SEK - 1H - Technical analysis published on 03/26/2021 (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 bullish
De fond:
Neutral
Technical indicators
89%
0%
11%
My opinion
Bullish above 6.0087 SEK
My targets
6.0722 SEK (+0.0379)
6.0912 SEK (+0.0569)
My analysis
The current short-term bullish trend should quickly fix the basic bullish trend. To avoid contradicting the short term, it would be possible to favour long positions (at the time of purchase) for NZD/SEK as long as the price remains well above 6.0087 SEK. The buyers” bullish objective is set at 6.0722 SEK. A bullish break in this resistance would boost the bullish momentum. The buyers could then target the resistance located at 6.0912 SEK. If there is any crossing, the next objective would be the resistance located at 6.1318 SEK.
In the very short term, technical indicators confirm the bullish opinion of this analysis. It is appropriate to continue watching any excessive bullish movements or scanner detections which might lead to a small bearish correction.
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
The NZD/SEK rating is 6.0343 SEK. On the day, this instrument gained +0.20% and was between 6.0180 SEK and 6.0408 SEK. This implies that the price is at +0.27% from its lowest and at -0.11% from its highest.6.0180
6.0408
6.0343
A bullish opening was detected by the Central Gaps scanner. Buyers are trying to impose a bullish momentum in the very short term.
Bullish opening
Type : Bullish
Timeframe : Openning
Here is a more detailed summary of the historical variations registered by NZD/SEK:
Technical
Technical analysis of this 1H chart of NZD/SEK indicates that the overall trend is not clearly defined. The strong bullish signals currently being given by short-term moving averages could allow the overall trend to return to bullish. The Central Indicators market scanner currently does not detect any result that concerns moving averages.
In fact, 16 technical indicators on 18 studied are currently positioned bullish. But beware of excesses. The Central Indicators scanner currently detects this:
CCI indicator is overbought : over 100
Type : Neutral
Timeframe : 1 hour
CCI indicator: bearish divergence
Type : Bearish
Timeframe : 1 hour
CCI indicator: bullish divergence
Type : Bullish
Timeframe : 1 hour
MACD 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 : Weekly
Pivot points : price is over resistance 3
Type : Neutral
Timeframe : 1 hour
Pivot points : price is under support 3
Type : Neutral
Timeframe : 1 hour
Pivot points : price is under support 3
Type : Neutral
Timeframe : Weekly
Central Patterns, the scanner specializing in chart patterns, did not identify any signals.
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 | 5.9949 | 6.0087 | 6.0303 | 6.0343 | 6.0722 | 6.0912 | 6.1318 |
| Change (%) | -0.65% | -0.42% | -0.07% | - | +0.63% | +0.94% | +1.62% |
| Change | -0.0394 | -0.0256 | -0.0040 | - | +0.0379 | +0.0569 | +0.0975 |
| Level | Minor | Intermediate | Minor | - | Major | Minor | Major |
Attention could also be paid to pivot points to set price objectives:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 5.9661 | 5.9805 | 6.0015 | 6.0159 | 6.0369 | 6.0513 | 6.0723 |
| Camarilla | 6.0128 | 6.0160 | 6.0193 | 6.0225 | 6.0258 | 6.0290 | 6.0322 |
| Woodie | 5.9694 | 5.9822 | 6.0048 | 6.0176 | 6.0402 | 6.0530 | 6.0756 |
| Fibonacci | 5.9805 | 5.9940 | 6.0024 | 6.0159 | 6.0294 | 6.0378 | 6.0513 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 6.0191 | 6.0514 | 6.0858 | 6.1181 | 6.1525 | 6.1848 | 6.2192 |
| Camarilla | 6.1018 | 6.1079 | 6.1140 | 6.1201 | 6.1262 | 6.1323 | 6.1384 |
| Woodie | 6.0201 | 6.0519 | 6.0868 | 6.1186 | 6.1535 | 6.1853 | 6.2202 |
| Fibonacci | 6.0514 | 6.0769 | 6.0927 | 6.1181 | 6.1436 | 6.1594 | 6.1848 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 5.7698 | 5.8634 | 5.9837 | 6.0773 | 6.1976 | 6.2912 | 6.4115 |
| Camarilla | 6.0453 | 6.0649 | 6.0845 | 6.1041 | 6.1237 | 6.1433 | 6.1629 |
| Woodie | 5.7833 | 5.8701 | 5.9972 | 6.0840 | 6.2111 | 6.2979 | 6.4250 |
| Fibonacci | 5.8634 | 5.9451 | 5.9956 | 6.0773 | 6.1590 | 6.2095 | 6.2912 |
Numerical data
The following are the details of the technical indicators and moving averages that were collected to generate this technical analysis:
Technical indicators
Moving averages
| RSI (14): | 64.16 | |
| MACD (12,26,9): | 0.0053 | |
| Directional Movement: | 13.2615 | |
| AROON (14): | 78.5714 | |
| DEMA (21): | 6.0292 | |
| Parabolic SAR (0,02-0,02-0,2): | 6.0222 | |
| Elder Ray (13): | 0.0092 | |
| Super Trend (3,10): | 6.0082 | |
| Zig ZAG (10): | 6.0380 | |
| VORTEX (21): | 1.1045 | |
| Stochastique (14,3,5): | 91.30 | |
| TEMA (21): | 6.0339 | |
| Williams %R (14): | -4.81 | |
| Chande Momentum Oscillator (20): | 0.0249 | |
| Repulse (5,40,3): | 0.2098 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | 0.0105 | |
| Courbe Coppock: | 0.34 |
| MA7: | 6.0528 | |
| MA20: | 6.0909 | |
| MA50: | 6.0482 | |
| MA100: | 5.9941 | |
| MAexp7: | 6.0284 | |
| MAexp20: | 6.0229 | |
| MAexp50: | 6.0212 | |
| MAexp100: | 6.0356 | |
| Price / MA7: | -0.31% | |
| Price / MA20: | -0.93% | |
| Price / MA50: | -0.23% | |
| Price / MA100: | +0.67% | |
| Price / MAexp7: | +0.10% | |
| Price / MAexp20: | +0.19% | |
| Price / MAexp50: | +0.22% | |
| Price / MAexp100: | -0.02% |
Quotes :
2021-03-26 08:56:45
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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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