May 20, 2022 21:53 GMT
Over the past 88 days, the trend for NZDCHF’s price has been choppy and unclear. It has oscillated between $0.6126 and $0.6502.
Over the past 135 days, NZDCHF’s price has been in a clear uptrend, growing by about $0.00 per day.
Over the past 32 months, NZDCHF’s price has gone down $0.
NZDCHF has a price of $0.6243, down 0.64% from its value 21 days prior.
+ 500 – Internal server error
+ 500 – Internal server error
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.
The closest is the 100 day average, which is 5.6 pips away.
It’s been a feast for bulls operating on an hourly timeframe, as nzdchf has now gone up 4 of the past 5 hours.
This move is a reversal from the hour prior, which saw price move up.
Given that we see downtrend on the 20 and 10 hourly candle timeframe, and that such candlestick patterns often denote reversals, this may be worth noting.
Regarding the trend, note that the strongest trend exists on the 20 hour timeframe.
It should be noted, though, the 200 day simple moving average turned upwards, which may be a bullish sign.
The closest is the 20 day average, which is 33.6 pips away.
It should be noted, though, that a trend in the opposite direction, going down, exists on the 14 day timeframe.
Volatility for nzdchf has been contracting over the past two weeks relative to volatility over the past month.