NZD/CHF Action Bias

 
Current
H
6H
D
W

Last Updated: Feb 28 22:30 GMT

Technical Studies
Last Updated: Feb 28 22:30 GMT
8 EMA
0.6583
21 EMA
0.6610
55 EMA
0.6644
ADX
51.81
+DMI
10.30
-DMI
29.33
RSI
29.33
MACD
-0.0028
MACD Signal
-0.0026
Bollinger Band Upper
0.6671
Bollinger Band Lower
0.6549
Bollinger Band Width
0.0122

Technical Studies
Last Updated: Feb 28 22:24 GMT
8 EMA
0.6623
21 EMA
0.6619
55 EMA
0.6552
ADX
41.02
+DMI
22.91
-DMI
44.84
RSI
44.84
MACD
0.0024
MACD Signal
0.0016
Bollinger Band Upper
0.6778
Bollinger Band Lower
0.6506
Bollinger Band Width
0.0272

Technical Studies
Last Updated: Feb 28 22:30 GMT
8 EMA
0.6588
21 EMA
0.6522
55 EMA
0.6428
ADX
29.66
+DMI
34.51
-DMI
57.43
RSI
57.43
MACD
0.0060
MACD Signal
0.0012
Bollinger Band Upper
0.6690
Bollinger Band Lower
0.6335
Bollinger Band Width
0.0355

Technical Studies
Last Updated: Feb 28 22:30 GMT
8 EMA
0.6484
21 EMA
0.6362
55 EMA
0.6267
ADX
27.25
+DMI
29.52
-DMI
70.14
RSI
70.14
MACD
0.0108
MACD Signal
0.0022
Bollinger Band Upper
0.6635
Bollinger Band Lower
0.6053
Bollinger Band Width
0.0582

Action Bias is derived from our proprietary algorithms based on technical studies of prices of currency pairs. Action Bias is NOT intended for use as trading signals. Though it is by no means 100% accurate, it could be one of the best tools for a trader to reference to before deciding on your trades.

   = Upside Bias

   = Neutral Bias

   = Downside Bias

Here are some possible uses:

  1. Action Bias can be used to determine the primary direction to trade the currency pair. That is, one could only consider going long when Action Bias is on the upside and short only when Action Bias is on the downside.
  2. Action Bias can also be used to determine the exit of your trades. For example, one could consider exiting a long trade when Action Bias changes from up to neutral.
  3. Action Bias of different time frames can be used to reference each other. For example, an intraday trader could only consider going long when 4 hours and daily bias are NOT in conflict. That means, when 4 hours bias is up and daily bias is at least neutral.
  4. Action Bias of different pairs can be compared to have better understanding of the strength of a certain currency. For example, one could compare both the daily bias and weekly bias of all JPY crosses to see if there is particular underlying strength or weakness in Japanese Yen.

There are just too many possibilities. Explore and have fun.