NZD/CHF Up 17 Pips On Hourly Chart, Came Into Today Up For the 3rd Straight Day; in an Uptrend Over Past 90 Days

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Hourly Update (Last Updated February 22, 2021 1:52 GMT) At the time of this writing, NZDCHF’s rate is up 17 pips (0.25%) from the hour prior. It’s been a feast for bulls operating on an hourly timeframe, as NZDCHF has now gone up 24 of the past 30 hours. If you’re a trend trader, consider that the strongest clear trend on the hourly chart exists on the 100 hour timeframe. The moving averages on the hourly timeframe suggest a bearishness in price, as the 20, 50, 100 and 200 are all in a bearish alignment — meaning the shorter duration…

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