NZD/CHF Action Bias

 
Current
H
6H
D
W

Last Updated: Jun 25 19:51 GMT

Technical Studies
Last Updated: Jun 25 19:51 GMT
8 EMA
0.6805
21 EMA
0.6812
55 EMA
0.6822
ADX
21.03
+DMI
9.90
-DMI
44.00
RSI
44.00
MACD
-0.0006
MACD Signal
-0.0004
Bollinger Band Upper
0.6825
Bollinger Band Lower
0.6798
Bollinger Band Width
0.0027

Technical Studies
Last Updated: Jun 25 19:51 GMT
8 EMA
0.6818
21 EMA
0.6840
55 EMA
0.6874
ADX
37.51
+DMI
6.85
-DMI
32.40
RSI
32.40
MACD
-0.0024
MACD Signal
-0.0005
Bollinger Band Upper
0.6887
Bollinger Band Lower
0.6787
Bollinger Band Width
0.0100

Technical Studies
Last Updated: Jun 25 19:51 GMT
8 EMA
0.6851
21 EMA
0.6884
55 EMA
0.6912
ADX
21.95
+DMI
7.97
-DMI
37.17
RSI
37.17
MACD
-0.0026
MACD Signal
-0.0005
Bollinger Band Upper
0.6981
Bollinger Band Lower
0.6805
Bollinger Band Width
0.0176

Technical Studies
Last Updated: Jun 25 19:51 GMT
8 EMA
0.6882
21 EMA
0.6903
55 EMA
0.6921
ADX
11.53
+DMI
15.56
-DMI
42.55
RSI
42.55
MACD
-0.0011
MACD Signal
-0.0002
Bollinger Band Upper
0.7062
Bollinger Band Lower
0.6753
Bollinger Band Width
0.0310

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.