NZD/CHF Action Bias

 
Current
H
6H
D
W

Last Updated: Jan 22 11:06 GMT

Technical Studies
Last Updated: Jan 22 11:06 GMT
8 EMA
0.6697
21 EMA
0.6703
55 EMA
0.6707
ADX
23.79
+DMI
7.23
-DMI
37.74
RSI
37.74
MACD
-0.0004
MACD Signal
-0.0001
Bollinger Band Upper
0.6723
Bollinger Band Lower
0.6690
Bollinger Band Width
0.0034

Technical Studies
Last Updated: Jan 22 11:06 GMT
8 EMA
0.6703
21 EMA
0.6703
55 EMA
0.6687
ADX
13.41
+DMI
15.12
-DMI
47.63
RSI
47.63
MACD
0.0005
MACD Signal
0.0001
Bollinger Band Upper
0.6739
Bollinger Band Lower
0.6683
Bollinger Band Width
0.0055

Technical Studies
Last Updated: Jan 22 11:06 GMT
8 EMA
0.6699
21 EMA
0.6692
55 EMA
0.6691
ADX
21.03
+DMI
14.00
-DMI
49.67
RSI
49.67
MACD
-0.0001
MACD Signal
-0.0000
Bollinger Band Upper
0.6763
Bollinger Band Lower
0.6558
Bollinger Band Width
0.0205

Technical Studies
Last Updated: Jan 22 11:06 GMT
8 EMA
0.6700
21 EMA
0.6684
55 EMA
0.6738
ADX
18.62
+DMI
21.24
-DMI
50.18
RSI
50.18
MACD
0.0005
MACD Signal
0.0001
Bollinger Band Upper
0.6953
Bollinger Band Lower
0.6321
Bollinger Band Width
0.0633

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.