FX.co ★ Patterns NZDCHF | New Zealand Dollar (NZD) to Swiss Franc (CHF) Rate in the Forex market

According to the chart of M5, NZDCHF formed the Bullish Symmetrical Triangle pattern, which signals the trend will continue. Description. The upper border of the pattern touches the coordinates 0.4623/0.4617 whereas the lower border goes across 0.4612/0.4617. The pattern width is measured on the chart at 11 pips. If the Bullish Symmetrical Triangle pattern is in progress during the upward trend, this indicates the current trend will go on. In case 0.4617 is broken, the price could continue its move toward 0.4632.

The Double Bottom pattern has been formed on NZDCHF M30. This formation signals a reversal of the trend from downwards to upwards. The signal is that a buy trade should be opened after the upper boundary of the pattern 0.4615 is broken. The further movements will rely on the width of the current pattern 6 points.

The Double Bottom pattern has been formed on NZDCHF M15. Characteristics: the support level 0.4609; the resistance level 0.4614; the width of the pattern 5 points. If the resistance level is broken, a change in the trend can be predicted with the first target point lying at the distance of 5 points.

The Double Bottom pattern has been formed on NZDCHF M15. Characteristics: the support level 0.4623; the resistance level 0.4628; the width of the pattern 5 points. If the resistance level is broken, a change in the trend can be predicted with the first target point lying at the distance of 5 points.

The Double Bottom pattern has been formed on NZDCHF M15; the upper boundary is 0.4632; the lower boundary is 0.4626. The width of the pattern is 6 points. In case of a break of the upper boundary 0.4632, a change in the trend can be predicted where the width of the pattern will coincide with the distance to a possible take profit level.

The Double Bottom pattern has been formed on NZDCHF M15. Characteristics: the support level 0.4634; the resistance level 0.4642; the width of the pattern 8 points. If the resistance level is broken, a change in the trend can be predicted with the first target point lying at the distance of 8 points.

According to M5, NZDCHF is shaping the technical pattern – the Inverse Head and Shoulder. In case the Neckline 0.4648/0.4648 is broken out, the instrument is likely to move toward 0.4663.

According to the chart of M15, NZDCHF formed the Bullish Symmetrical Triangle pattern, which signals the trend will continue. Description. The upper border of the pattern touches the coordinates 0.4662/0.4655 whereas the lower border goes across 0.4645/0.4655. The pattern width is measured on the chart at 17 pips. If the Bullish Symmetrical Triangle pattern is in progress during the upward trend, this indicates the current trend will go on. In case 0.4655 is broken, the price could continue its move toward 0.4678.

The Double Top pattern has been formed on NZDCHF M15. It signals that the trend has been changed from upwards to downwards. Probably, if the base of the pattern 0.4636 is broken, the downward movement will continue.

According to the chart of M5, NZDCHF formed the Bullish Rectangle which is a pattern of a trend continuation. The pattern is contained within the following borders: the lower border 0.4637 – 0.4637 and upper border 0.4643 – 0.4643. In case the upper border is broken, the instrument is likely to follow the upward trend.