NZD/CHF Down 0 Pips in Last Hour, Makes Big Move Relative to Past Month; Entered Today Up For the 4th Straight Day

2 mins read
NZDCHF

Hourly Update (Last Updated February 23, 2021 1:59 GMT) Currently, NZDCHF’s rate is down 0 pips (0%) from the hour prior. It’s been a feast for bears operating on an hourly timeframe, as NZDCHF has now gone down 4 of the past 5 hours. As for the trend on the hourly timeframe, we see the clearest trend on the 100 hour timeframe. Of note is that the 20 hour changed directions on NZDCHF; it is now pointing up. The moving averages on the hourly timeframe suggest a bearishness in price, as the 20, 50, 100 and 200 are all in…

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