The closest is the 20 day average, which is 12.8 pips away.
The closest is the 20 day average, which is 9.5 pips away.
Compared to its peers in the forex, nzdchf gave its buyers a return that ranked 27th in terms of percentage change since yesterday.
If you’re a trend trader, consider that the strongest clear trend on the hourly chart exists on the 50 hour timeframe.
This move is a reversal from the hour prior, which saw price move down.
Relative to other instruments in the forex asset class, gbpnzd ranked 8th the day prior in terms of percentage price change.
The closest is the 20 day average, which is 32.1 pips away.
This is a reversal of the price action on the previous hour, in which price moved up.
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 90 day horizon; over that time period, price has been moving up.