If you’re a trend trader, consider that the strongest clear trend on the hourly chart exists on the 50 hour timeframe.
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.
Relative to other instruments in the forex asset class, nzdchf ranked 38th yesterday in terms of percentage price change.
This is a reversal of the price action on the previous hour, in which price moved up.
For additional context, note that price has gone down 15 out of the past 30 days.
Volatility for gbpnzd has been contracting over the past two weeks relative to volatility over the past month.