NZD/CHF Up 1 Pips On 4 Hour Chart, in an Uptrend Over Past 14 Days; Pin Bar Pattern Appearing on Chart
The closest is the 20 day average, which is 42.8 pips away.
NZDCHF
(Last Updated July 8, 2020)
Welcome to the news page for NZDCHF (NZDCHF). Below you’ll find our daily market updates. Here’s a technical analysis summary of where things currently stand:
The Trend
If we observe the 90 and 14 day timeframes, we see an uptrend in place for NZDCHF.
NZDCHF Moving Averages
Nuances in the trend on NZDCHF can be understood by observing the behavior of its moving averages. Out of the moving averages we’re monitoring (20, 50, 100, and 200 days), all but the 200 are bullish, implying a upward trend, save for a decline that occurred about 6 months ago.
The chart below illustrates.
As for assets in the Forex asset class NZDCHF has been correlated to over the past week, it has demonstrated the strongest correlation with NZDUSD. NZDCHF has been most correlated with NZDUSD over the past 14 days also, so this may be a structural correlation in the market. On the flip side, the asset least correlated with NZDCHF over the past week has been EURCHF, but if we observe the prior two weeks, the asset least correlated with NZDCHF has been TRYJPY. See the chart below to observe the recent price action in NZDCHF versus those of assets it hasn’t been well correlated with.
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NZD/CHF Up 1 Pips On 4 Hour Chart, Entered Today Up For the 2nd Day In A Row; in an Uptrend Over Past 90 Days
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.
NZD/CHF Down 3 Pips Over Past 4 Hours, in an Uptrend Over Past 14 Days; Pin Bar Pattern Appearing on Chart
The closest is the 200 day average, which is 49.8 pips away.
NZD/CHF Up 1 Pips Over Past 4 Hours; Pin Bar Pattern Appearing on Chart
The clearest trend exists on the 90 day timeframe, which shows price moving up over that time.
NZD/CHF Up 3 Pips in Last 4 Hours, in an Uptrend Over Past 90 Days; is Inching Close to 20 and 200 Day Averages
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.
NZD/CHF Down 0 Pips Over Past 4 Hours, Came Into Today Up For the 6th Day In A Row; Pin Bar Pattern Appearing on Chart
Volatility for nzd/chf has been contracting over the past two weeks relative to volatility over the past month.
NZD/CHF Down 4 Pips On 4 Hour Chart, 3 Day Up Streak Snapped; Nears 20 and 200 Day Moving Averages
Volatility for nzd/chf has been contracting over the past two weeks relative to volatility over the past month.
NZD/CHF Down 0 Pips On 4 Hour Chart, Makes Big Move Relative to Two Week Trend; Price Base in Formation Over Past 14 and 30 Days
Or to simplify this another way, note that out of the past 30 days nzd/chf’s price has gone up 19 them.
NZD/CHF Up 12 Pips in Last 4 Hours, Nears 20 and 200 Day Moving Averages; Pin Bar Pattern Appearing on Chart
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.
NZD/CHF Up 17 Pips in Last 4 Hours, Makes Big Move Relative to Two Week Trend; in a Downtrend Over Past 14 Days
The closest is the 200 day average, which is 47.8 pips away.