NZD/CHF Action Bias

 
Current
H
6H
D
W

Last Updated: Feb 18 16:18 GMT

Technical Studies
Last Updated: Feb 18 16:18 GMT
8 EMA
0.6888
21 EMA
0.6893
55 EMA
0.6885
ADX
18.24
+DMI
13.45
-DMI
34.81
RSI
34.81
MACD
-0.0002
MACD Signal
0.0001
Bollinger Band Upper
0.6915
Bollinger Band Lower
0.6879
Bollinger Band Width
0.0036

Technical Studies
Last Updated: Feb 18 16:18 GMT
8 EMA
0.6884
21 EMA
0.6862
55 EMA
0.6831
ADX
33.63
+DMI
28.74
-DMI
56.67
RSI
56.67
MACD
0.0021
MACD Signal
0.0004
Bollinger Band Upper
0.6949
Bollinger Band Lower
0.6771
Bollinger Band Width
0.0178

Technical Studies
Last Updated: Feb 18 16:18 GMT
8 EMA
0.6846
21 EMA
0.6809
55 EMA
0.6759
ADX
25.93
+DMI
26.55
-DMI
60.25
RSI
60.25
MACD
0.0034
MACD Signal
0.0007
Bollinger Band Upper
0.6929
Bollinger Band Lower
0.6701
Bollinger Band Width
0.0228

Technical Studies
Last Updated: Feb 18 16:18 GMT
8 EMA
0.6805
21 EMA
0.6743
55 EMA
0.6756
ADX
19.39
+DMI
22.40
-DMI
57.03
RSI
57.03
MACD
0.0042
MACD Signal
0.0008
Bollinger Band Upper
0.6978
Bollinger Band Lower
0.6483
Bollinger Band Width
0.0495

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.