NZD/CHF Action Bias

 
Current
H
6H
D
W

Last Updated: May 25 20:57 GMT

Technical Studies
Last Updated: May 25 20:57 GMT
8 EMA
0.6857
21 EMA
0.6862
55 EMA
0.6868
ADX
23.06
+DMI
9.77
-DMI
39.84
RSI
39.84
MACD
-0.0004
MACD Signal
-0.0001
Bollinger Band Upper
0.6887
Bollinger Band Lower
0.6844
Bollinger Band Width
0.0043

Technical Studies
Last Updated: May 25 20:57 GMT
8 EMA
0.6866
21 EMA
0.6880
55 EMA
0.6912
ADX
15.95
+DMI
15.50
-DMI
38.44
RSI
38.44
MACD
-0.0014
MACD Signal
-0.0003
Bollinger Band Upper
0.6934
Bollinger Band Lower
0.6831
Bollinger Band Width
0.0102

Technical Studies
Last Updated: May 25 20:57 GMT
8 EMA
0.6888
21 EMA
0.6927
55 EMA
0.6940
ADX
21.37
+DMI
12.66
-DMI
36.69
RSI
36.69
MACD
-0.0031
MACD Signal
-0.0006
Bollinger Band Upper
0.7057
Bollinger Band Lower
0.6827
Bollinger Band Width
0.0231

Technical Studies
Last Updated: May 25 20:57 GMT
8 EMA
0.6931
21 EMA
0.6922
55 EMA
0.6930
ADX
10.54
+DMI
17.49
-DMI
44.91
RSI
44.91
MACD
0.0008
MACD Signal
0.0002
Bollinger Band Upper
0.7083
Bollinger Band Lower
0.6740
Bollinger Band Width
0.0343

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.