NZD/CHF 4 Hour Price Update
Updated March 31, 2020 01:08 PM GMT (09:08 AM EST)
NZD/CHF is down 23 pips (0.4%) since the last 4 hour candle (opening the current 4 hour candle near 0.5742), marking the 2nd candle in a row a decline has happened. Out of the 40 instruments in the Forex asset class, NZD/CHF ended up ranking 32nd for the four-hour candle in terms of price change.
NZD/CHF End of Day Recap
Updated 00:30 GMT (04:30 EST)
NZD/CHF is up 3 pips (0.04%) since the previous day (opening today near 0.57625202), marking the 5th day in a row it has gone up. Relative to other instruments in the Forex asset class, NZD/CHF ranked 22nd the previous day in terms of percentage price change. Here is a price chart of NZD/CHF.
NZD/CHF Technical Analysis
Coming into today NZD/CHF is now close to its 20 day averages, located at 0.5724 respectively, and thus may be at a key juncture along those timeframes. Volatility for NZD/CHF has been contracting over the past two weeks relative to volatility over the past month. Whether volatility reverts will be something to watch. Trend traders will want to observe that the strongest trend appears on the 90 day horizon; over that time period, price has been moving down. For additional context, note that price has gone down 16 out of the past 30 days.
The View From Around the Web
Not much commentary on NZDCHF that we’re finding noteworthy here; guess people aren’t watching this one :). Here’s a piece we found on tradingview.com that we thought you might enjoy.