Relative to other instruments in the forex asset class, nzd/chf ranked 37th yesterday in terms of percentage price change.
This imputes a buy/sell ratio of 0.43, which is bearish.
The closest is the 20 day average, which is 3.2 pips away.
Trend traders will want to observe that the strongest trend appears on the 30 day horizon; over that time period, price has been moving down.
This imputes a buy/sell ratio of 0.38, which is bearish.
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.
Out of the 40 instruments in the forex asset class, nzd/chf ended up ranking 29th for the day in terms of day-over-day price change.