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

Trading suggestion:

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

DateFebruary 20, 2022 - 00:30
Currentrange bound
Forecastbeginning of uptrend

Midterm forecast:

  • While the price is above the support 0.60730, beginning of uptrend is expected.
  • We make sure when the resistance at 0.63000 breaks.
  • If the support at 0.60730 is broken, the short-term forecast -beginning of uptrend- will be invalid.

Technical analysis:

  • There is a divergence in RSI and price between the trough at 0.61818 on 2021-12-03 and the trough at 0.605208 on 2022-02-08, the probability of downtrend continuation is decreased and the probability of beginning of uptrend is increased.
  • While the RSI downtrend #1 is not broken, bearish wave in price would continue.
  • A trough is formed in daily chart at 0.6092 on 02/14/2022, so more gains to resistance(s) 0.6168, 0.6236 and maximum to Major Resistance (0.6300) is expected.
  • Price is above WEMA21, if price drops more, this line can act as dynamic support against more losses.
  • Relative strength index (RSI) is 51.