Londinia Opportunities Analyses - 06/17/2021 (GMT) NZD/SEK - 1H
- FX/Indices
- Timeframe : 1H
- - Analysis generated on
- Status : INVALID
Summary of the analysis
Trends
Short term:
Strongly bullish
Underlying:
Strongly bullish
Technical indicators
78%
6%
17%
My opinion
Bullish above 5.9834 SEK
My targets
6.0377 SEK (+0.0401)
6.0722 SEK (+0.0746)
My analysis
NZD/SEK is part of a very strong bullish trend. Traders may consider trading only long positions (at the time of purchase) as long as the price remains well above 5.9834 SEK. The next resistance located at 6.0377 SEK is the next bullish objective to be reached. A bullish break in this resistance would boost the bullish momentum. The bullish movement could then continue towards the next resistance located at 6.0722 SEK. After this resistance, buyers could then target 6.1566 SEK. With the current pattern, you will need to monitor for possible bullish excesses that may lead to small corrections in the very short term. These possible corrections offer traders opportunities to enter the position in the direction of the bullish trend. Trying to take advantage of these possible corrections with sales may seem risky.
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
8.4
Analysis too old. There are no more charts available.
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Additional analysis
Quotes
The NZD/SEK price is 5.9976 SEK. The price has increased by +0.26% since the last closing and was between 5.9694 SEK and 6.0168 SEK. This implies that the price is at +0.47% from its lowest and at -0.32% from its highest.5.9694
6.0168
5.9976
The Central Gaps scanner detects a bearish opening marking the presence of sellers ahead of buyers at the opening but not sufficiently marked to allow the price to register a quotation gap.
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
A technical analysis in 1H of this NZD/SEK chart shows a strongly bullish trend. 92.86% of the signals given by moving averages are bullish. The overall trend is supported by the strong bullish signals from short-term moving averages. The Central Indicators scanner does not detect any result on moving averages that would impact this trend.
In fact, 14 technical indicators on 18 studied are currently positioned bullish. Other results related to technical indicators were also found by the Central Indicators scanner:
Pivot points : price is over resistance 1
Type : Neutral
Timeframe : Weekly
Parabolic SAR indicator bullish reversal
Type : Bullish
Timeframe : 1 hour
Price is back under the pivot point
Type : Bearish
Timeframe : Weekly
Momentum indicator is back over 0
Type : Bullish
Timeframe : 1 hour
Williams %R indicator is back over -50
Type : Bullish
Timeframe : 1 hour
The analysis of the price chart with Central Patterns scanners does not return any result.
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 | 5.9623 | 5.9765 | 5.9834 | 5.9976 | 6.0722 | 6.1566 | 6.2378 |
| Change (%) | -0.59% | -0.35% | -0.24% | - | +1.24% | +2.65% | +4.00% |
| Change | -0.0353 | -0.0211 | -0.0142 | - | +0.0746 | +0.1590 | +0.2402 |
| Level | Minor | Minor | Intermediate | - | Intermediate | Minor | Intermediate |
Attention could also be paid to pivot points to set price objectives:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 5.8874 | 5.9077 | 5.9449 | 5.9652 | 6.0024 | 6.0227 | 6.0599 |
| Camarilla | 5.9663 | 5.9716 | 5.9768 | 5.9821 | 5.9874 | 5.9926 | 5.9979 |
| Woodie | 5.8959 | 5.9119 | 5.9534 | 5.9694 | 6.0109 | 6.0269 | 6.0684 |
| Fibonacci | 5.9077 | 5.9297 | 5.9432 | 5.9652 | 5.9872 | 6.0007 | 6.0227 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 5.8409 | 5.8794 | 5.9065 | 5.9450 | 5.9721 | 6.0106 | 6.0377 |
| Camarilla | 5.9157 | 5.9217 | 5.9277 | 5.9337 | 5.9397 | 5.9457 | 5.9517 |
| Woodie | 5.8353 | 5.8766 | 5.9009 | 5.9422 | 5.9665 | 6.0078 | 6.0321 |
| Fibonacci | 5.8794 | 5.9044 | 5.9199 | 5.9450 | 5.9700 | 5.9855 | 6.0106 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 5.7596 | 5.8554 | 5.9415 | 6.0373 | 6.1234 | 6.2192 | 6.3053 |
| Camarilla | 5.9776 | 5.9943 | 6.0109 | 6.0276 | 6.0443 | 6.0610 | 6.0776 |
| Woodie | 5.7548 | 5.8530 | 5.9367 | 6.0349 | 6.1186 | 6.2168 | 6.3005 |
| Fibonacci | 5.8554 | 5.9249 | 5.9678 | 6.0373 | 6.1068 | 6.1497 | 6.2192 |
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): | 61.45 | |
| MACD (12,26,9): | 0.0050 | |
| Directional Movement: | 0.8782 | |
| AROON (14): | -28.5714 | |
| DEMA (21): | 5.9955 | |
| Parabolic SAR (0,02-0,02-0,2): | 5.9700 | |
| Elder Ray (13): | 0.0085 | |
| Super Trend (3,10): | 5.9719 | |
| Zig ZAG (10): | 5.9986 | |
| VORTEX (21): | 1.0627 | |
| Stochastique (14,3,5): | 62.46 | |
| TEMA (21): | 5.9941 | |
| Williams %R (14): | -28.67 | |
| Chande Momentum Oscillator (20): | 0.0181 | |
| Repulse (5,40,3): | 0.2657 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | 0.0116 | |
| Courbe Coppock: | 0.14 |
| MA7: | 5.9496 | |
| MA20: | 5.9766 | |
| MA50: | 6.0154 | |
| MA100: | 6.0428 | |
| MAexp7: | 5.9934 | |
| MAexp20: | 5.9872 | |
| MAexp50: | 5.9759 | |
| MAexp100: | 5.9647 | |
| Price / MA7: | +0.81% | |
| Price / MA20: | +0.35% | |
| Price / MA50: | -0.30% | |
| Price / MA100: | -0.75% | |
| Price / MAexp7: | +0.07% | |
| Price / MAexp20: | +0.17% | |
| Price / MAexp50: | +0.36% | |
| Price / MAexp100: | +0.55% |
Quotes :
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Real time data
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Forex