FX.co ★ Patterns NZDCHF | New Zealand Dollar (NZD) to Swiss Franc (CHF) Rate in the Forex market
NZDCHF M5
Bearish Pennant
The Bearish Pennant pattern has formed on the NZDCHF M5 chart. A break below the pennant low at 0.4630 would signal a likely continuation of the downtrend. A Sell Stop order may be placed 10 points below the pattern low, with Take Profit set at a distance equal to the height of the flagpole.
NZDCHF M5
Bullish Symmetrical Triangle
The Bullish Symmetrical Triangle pattern has formed on the NZDCHF M5 chart, signaling a likely continuation of the trend. Its upper boundary passes through 0.4662/0.4652, while its lower boundary passes through 0.4645/0.4652. The pattern width is 17 points. When the Bullish Symmetrical Triangle forms during an uptrend, it indicates that the prevailing trend may continue. A breakout above 0.4652 could send the price toward 0.4667.
NZDCHF M5
Double Bottom
The Double Bottom pattern has formed on the NZDCHF M5 chart. Its support is at 0.4647, its resistance is at 0.4665, and its width is 18 points. A break above resistance may confirm a trend reversal, with the first target projected 18 points away.
NZDCHF M15
Double Top
The Double Top reversal pattern has formed on the NZDCHF M15 chart. Its upper boundary is at 0.4702, its lower boundary is at 0.4696, and its width is 6 points. A break below the lower boundary is likely to confirm further downward movement toward 0.4674.
NZDCHF M15
Double Top
The Double Top pattern has formed on the NZDCHF M15 chart and signals a potential reversal from an uptrend to a downtrend. A break below the pattern base at 0.4675 is likely to confirm further downward movement.
NZDCHF M5
Double Bottom
The Double Bottom pattern has formed on the NZDCHF M5 chart. Its support is at 0.4658, its resistance is at 0.4662, and its width is 4 points. A break above resistance may confirm a trend reversal, with the first target projected 4 points away.
NZDCHF H1
Double Top
The Double Top reversal pattern has formed on the NZDCHF H1 chart. Its upper boundary is at 0.4682, its lower boundary is at 0.4673, and its width is 9 points. A break below the lower boundary is likely to confirm further downward movement toward 0.4633.
NZDCHF M30
Bullish Pennant
The Bullish Pennant pattern has formed on the NZDCHF M30 chart. This is a continuation pattern. If the price closes above the pennant high at 0.4678, the uptrend is likely to continue.
NZDCHF M5
Bullish Rectangle
The Bullish Rectangle has formed on the NZDCHF M5 chart. This is a trend continuation pattern bounded by the lower boundary at 0.4651–0.4651 and the upper boundary at 0.4660–0.4660. A breakout above the upper boundary is likely to signal a continuation of the uptrend.
NZDCHF M5
Double Top
The Double Top pattern has formed on the NZDCHF M5 chart and signals a potential reversal from an uptrend to a downtrend. A break below the pattern base at 0.4651 is likely to confirm further downward movement.
