Languages

website utilities


Follow us:
+1 (646) 48 000 22 (New York, USA)

Trend Hunter performance since 2015 for this symbol

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 vs. Swiss Franc technical chart
Symbol NZDCHF

Download MT4 template file

Trade Setup
#NZDCHF
Total Profit: -1110 pip
Closed trade(s): 42 pip Profit
Open trade(s): -1152 pip Profit

Trade Setup:
We opened 7 BUY trade(s) @ 0.6778 (day close price) based on 'Valley' at 2019.04.12.

Closed Profit:
TP1 @ 0.6820 touched at 2019.04.17 with 42 pip Profit.

Open Profit:
Profit for one trade is 0.6586(current price) - 0.6778(open price) = -192 pip
6 trade(s) still open, therefore total profit for open trade(s) is -192 x 6 = -1152 pip

Trading suggestion:

  • We have already opened Buy trades, based on Trend Hunter Strategy, trade setup is drawn on the chart and shows entry and targets.

DateSat, 05/18/2019 - 11:27
Currentrange bound
Forecastbeginning of uptrend
Last weekBearish

Midterm forecast:

  • While the price is above the support 0.6315, beginning of uptrend is expected.
  • We make sure when the resistance at 0.6910 breaks.
  • If the support at 0.6315 is broken, the short-term forecast -beginning of uptrend- will be invalid.

Technical analysis:

  • While the RSI downtrend #1 is not broken, bearish wave in price would continue.
  • A peak is formed in daily chart at 0.6810 on 04/29/2019, so more losses to support(s) 0.6510, 0.6400 and minimum to Major Support (0.6315) 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 29.

Take Profits:

  1. 0.6820
  2. 0.6870
  3. 0.6910
  4. 0.7025
  5. 0.7095
  6. 0.7290
Click on the level to view price action history.