NZDCHF Up 9 Pips in Last Hour, in an Uptrend Over Past 90 Days; Nears 20 Day Moving Average

Hourly Update

(Last Updated February 12, 2021 17:28 GMT)

At the time of this writing, NZDCHF’s rate is up 9 pips (0.13%) from the hour prior. This is the 3rd consecutive hour NZDCHF has seen its price head up. Regarding the trend, note that the strongest trend exists on the 20 hour timeframe. Most noteworthy in the world of moving averages on the hourly chart is that the 20 and 50 hour moving averages have been crossed, with price now being above them. The moving averages on the hourly timeframe suggest a bullishness in price, as the 20, 50, 100 and 200 are all in a bullish alignment — meaning the shorter durations are above the longer duration averages, implying a sound upward trend.

NZDCHF End of Day Recap

Updated 00:30 GMT (04:30 EST)

NZDCHF entered today at 0.6435662049, up 12 pips (0.19%) from the day prior. Compared to its peers in the Forex, NZDCHF gave its buyers a return that ranked 13th in terms of percentage change since the day prior. Below is a price chart of NZDCHF.

NZDCHF

NZDCHF Technical Analysis

Coming into today NZDCHF is now close to its 20 and 50 day moving averages, which may act as price barrier for the asset. The clearest trend exists on the 90 day timeframe, which shows price moving up over that time. For additional context, note that price has gone up 9 out of the past 14 days.

The View From Around the Web

We’re seeing some traders come out with interesting conviction on NZDCHF, with 3 buy signals on our radar and 5 sell signals. This imputes a buy/sell ratio of 0.6, which is bearish. Here’s a piece we found on tradingview.com that we thought you might enjoy.