| Indicator | 4H | 1D | 1W |
| MACD (12; 26; 9) | Sell | Sell | Sell |
| RSI (14) | Buy | Buy | Buy |
| Stochastic (5; 3) | Neutral | Neutral | Buy |
| Alligator (13; 8; 5) | Sell | Sell | Sell |
| SAR (0.02; 0.2) | Sell | Sell | Sell |
| Aggregate | ⇒ | ⇒ | ⇒ |
The NZD/CHF currency pair has been moving in a descending channel since late July. The exchange rate pullback from the upper boundary of a junior descending channel on July 31 and followed by a period of decline.
The New Zealand Dollar tested a resistance cluster formed by the 50-hour simple moving average and the combination of the weekly and the monthly PPs at 0.6581 on August 28 and made a U-turn south.
When looking at the currency exchange rate settings, the pair is likely to continue its southern journey during the following trading session for a potential target at the lower boundary of the descending channel.