This is a reversal of the price action on the previous hour, in which price moved up.
Price action traders may also wish to note that we see a doji candlestick pattern on nzdchf.
As for the alignment of the moving averages, well, it’s a bit mixed up; the 20, 50, 100, and 200 do not progress from largest to smallest, or vice versa.
Trend traders will want to observe that the strongest trend appears on the 14 day horizon; over that time period, price has been moving down.
The closest is the 20 day average, which is 48.6 pips away.
The closest is the 50 day average, which is 37 pips away.
Price action traders in particular will want to note that the 90 day period appears to show price forming a base; this could indicate that a support/resistance level is developing.
If you’re a trend trader, consider that the strongest clear trend on the hourly chart exists on the 50 hour timeframe.
The clearest trend exists on the 14 day timeframe, which shows price moving down over that time.
The closest is the 100 day average, which is 208.6 pips away.