website utilities


Follow us:
+1 64 64 8000 31 (New York, USA)
You are not logged in, you need subscription to view up-to-date forecasts, please Login if you have already subscribed, otherwise please Subscribe
You can still continue browsing delayed forecasts on the sidebar list.
Weekly forecast New Zealand Dollar / Swiss Franc technical chart
Symbol NZDCHF

Download MT4 template file

Trading suggestion:

  • By appearing primary signs of entering the market, new entry zone and short-term targets would be published.

DateMay 29, 2021 - 17:33
Currentdowntrend
Forecastbeginning of uptrend

Midterm forecast:

  • Although current trend is downtrend, but we forecast a uptrend wave would begin in Midterm.
  • We will close our open trades, if the Midterm level 0.64200 is broken.

Technical analysis:

  • While the RSI downtrend #1 is not broken, bearish wave in price would continue.
  • A peak is formed in daily chart at 0.6569 on 05/11/2021, so more losses to support(s) 0.6470 and minimum to Major Support (0.6420) is expected.
  • Price is below WEMA21, if price rises more, this line can act as dynamic resistance against more gains.
  • Relative strength index (RSI) is 49.

Supports and Resistances:

  1. 0.7290
  2. 0.6940
  3. 0.6670
  4. 0.6530
  5. 0.6290
  6. 0.6225
  7. 0.6170
  8. 0.6115
Click on the level to view price action history.