NZD/CHF Action Bias

 
Current
H
6H
D
W

Last Updated: May 27 16:15 GMT

Technical Studies
Last Updated: May 27 16:15 GMT
8 EMA
0.5992
21 EMA
0.5993
55 EMA
0.5976
ADX
38.03
+DMI
20.23
-DMI
44.85
RSI
44.85
MACD
0.0003
MACD Signal
0.0001
Bollinger Band Upper
0.6036
Bollinger Band Lower
0.5954
Bollinger Band Width
0.0083

Technical Studies
Last Updated: May 27 16:15 GMT
8 EMA
0.5980
21 EMA
0.5952
55 EMA
0.5915
ADX
31.60
+DMI
30.24
-DMI
57.71
RSI
57.71
MACD
0.0027
MACD Signal
0.0005
Bollinger Band Upper
0.6018
Bollinger Band Lower
0.5884
Bollinger Band Width
0.0134

Technical Studies
Last Updated: May 27 16:15 GMT
8 EMA
0.5936
21 EMA
0.5901
55 EMA
0.5910
ADX
14.63
+DMI
27.29
-DMI
59.08
RSI
59.08
MACD
0.0027
MACD Signal
0.0005
Bollinger Band Upper
0.6005
Bollinger Band Lower
0.5785
Bollinger Band Width
0.0219

Technical Studies
Last Updated: May 27 16:15 GMT
8 EMA
0.5895
21 EMA
0.5993
55 EMA
0.6222
ADX
41.50
+DMI
12.95
-DMI
47.22
RSI
47.22
MACD
-0.0121
MACD Signal
-0.0024
Bollinger Band Upper
0.6452
Bollinger Band Lower
0.5518
Bollinger Band Width
0.0934

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.