Market Conditions for CHFNZD as at Apr 01, 2020
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Last 30 Days:
Support & Resistance
Multi Time Period Price Performance for Swiss Franc/New Zealand Dollar
Swiss Franc/New Zealand Dollar ProfileThe Swiss Franc/New Zealand Dollar (CHF/NZD) is a Forex (FX) currency pair traded in foreign exchange spot transactions around the globe. CHF is the base currency and NZD is the quote currency, meaning that 1 Swiss Franc was worth 1.7513 New Zealand Dollar at the end of the New York trading session on Wednesday, 0.35% more than at the previous close.
Technical Analysis Summary for April 1, 2020
Though the market is currently in a short-term downtrend, this could just be a correction, as both the medium and long-term trends are still bullish. Wednesday's trading range has been 302 pips (1.73%), that's slightly below the last trading month's daily average range of 468 pips. Buying might accelerate should prices move above the nearby swing high at 1.7746 where further buy stops could get activated.
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