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

According to the chart of H1, NZDCHF formed the Bullish Symmetrical Triangle pattern. Description: This is the pattern of a trend continuation. 0.4969 and 0.4935 are the coordinates of the upper and lower borders respectively. The pattern width is measured on the chart at 34 pips. Outlook: If the upper border 0.4969 is broken, the price is likely to continue its move by 0.4992.

According to the chart of M30, NZDCHF formed the Bullish Symmetrical Triangle pattern. The lower border of the pattern touches the coordinates 0.4935/0.4952 whereas the upper border goes across 0.4969/0.4952. If the Bullish Symmetrical Triangle pattern is in progress, this evidently signals a further upward trend. In other words, in case the scenario comes true, the price of NZDCHF will breach the upper border to head for 0.4982.

According to the chart of M30, NZDCHF formed the Bearish Symmetrical Triangle pattern. This pattern signals a further downward trend in case the lower border 0.4926 is breached. Here, a hypothetical profit will equal the width of the available pattern that is -51 pips.

According to the chart of M5, NZDCHF formed the Bearish Rectangle which is a pattern of a trend continuation. The pattern is contained within the following borders: lower border 0.4926 – 0.4926 and upper border 0.4935 – 0.4935. In case the lower border is broken, the instrument is likely to follow the downward trend.

According to the chart of M15, NZDCHF formed the Bearish Rectangle which is a pattern of a trend continuation. The pattern is contained within the following borders: lower border 0.4926 – 0.4926 and upper border 0.4934 – 0.4934. In case the lower border is broken, the instrument is likely to follow the downward trend.

The Double Top reversal pattern has been formed on NZDCHF H1. Characteristics: the upper boundary 0.4945; the lower boundary 0.4933; the width of the pattern is 12 points. Sell trades are better to be opened below the lower boundary 0.4933 with a possible movements towards the 0.4893 level.

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 0.4944/0.4938 whereas the lower border goes across 0.4932/0.4938. The pattern width is measured on the chart at 12 pips. If the Bullish Symmetrical Triangle pattern is in progress during the upward trend, this indicates the current trend will go on. In case 0.4938 is broken, the price could continue its move toward 0.4961.

The Double Top pattern has been formed on NZDCHF M5. It signals that the trend has been changed from upwards to downwards. Probably, if the base of the pattern 0.4896 is broken, the downward movement will continue.

The Double Bottom pattern has been formed on NZDCHF M15. Characteristics: the support level 0.4913; the resistance level 0.4921; 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.

The Double Bottom pattern has been formed on NZDCHF M15; the upper boundary is 0.4949; the lower boundary is 0.4930. The width of the pattern is 18 points. In case of a break of the upper boundary 0.4949, 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.