DKK/HKD

- HKD (-)

- Real time data - Forex

Open:	-
Change:	-
Volume:	-

Low:	-
High:	-
High / Low range:	-

Type:	Forex
Ticker:	DKKHKD
ISIN:

DKK/HKD - 1H - Technical analysis published on 02/28/2024 (GMT)

Londinia

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Timeframe : 1H
- Analysis generated on
Status : LEVEL MAINTAINED

Summary of the analysis

Trends

Short term: Bullish

Underlying: Bullish

Technical indicators

72%

28%

My opinion

Bullish above 1.1349 HKD

My targets

1.1401 HKD (+0.0022)

1.1424 HKD (+0.0045)

My analysis

A bullish trend on DKK/HKD both in substance and in the short term. A purchase could be considered as long as the price remains above 1.1349 HKD. Each resistance break is a strong signal that the current trend will continue. The first bullish objective would be 1.1401 HKD. Then the price could move towards 1.1424 HKD. Then 1.1508 HKD by extension. Be careful, a return below 1.1349 HKD would be a sign of the trend weakening and a possible correction phase could then occur. In this case, you could keep away while waiting for a signal that the basic trend will resume. Trading against the trend could be riskier.

In the very short term, the general bullish sentiment is confirmed by technical indicators. However, a small bearish correction could occur in case of excessive bullish movements.

Force

4.8

Comment on the analysis

Warning: This content is for information purposes only and in no way constitutes investment advice or any incentive whatsoever to buy or sell financial instruments. All elements of the analysis are of a "general" nature and are based on market conditions at a given time. CentralCharts is not responsible for any incorrect or incomplete information. Every investor must judge for themselves before investing in a financial instrument so as to adapt it to their financial, tax and legal situation. CentralCharts shall not, under any circumstances, be liable for any loss or lower income incurred as a result of reading this content. Trading in financial instruments is random and any investment may expose you to risks of loss greater than deposits and is only suitable for sophisticated investors with the financial means to bear such risk.

This analysis was given by Londinia. Take part yourself by sharing additional analysis on another time unit:

Additional analysis

Quotes

DKK/HKD rating 1.1379 HKD. On the day, this instrument lost -0.01% with the lowest point at 1.1337 HKD and the highest point at 1.1390 HKD. The deviation from the price is +0.37% for the low point and -0.10% for the high point.

1.1337

1.1390

1.1379

Here is a more detailed summary of the historical variations registered by DKK/HKD:

The study of the highest / lowest by the Central Records scanner shows the following results:

Near a new HIGH record (1 year)

Type : Bullish

Timeframe : Weekly

Near a new HIGH record (1st january)

Type : Bullish

Timeframe : Weekly

Near a new LOW record (1 month)

Type : Bearish

Timeframe : Weekly

Technical

Technical analysis of DKK/HKD in 1H shows an overall bullish trend. 64.29% of the signals given by moving averages are bullish. This bullish trend shows slight signs of slowing down given the slightly bullish signals given by the short-term moving averages. There is no crossing of moving average by the price or crossing of moving averages between themselves.

The probability of a further increase is high given the direction of the technical indicators.
Caution: the Central Indicators scanner currently detects an excess:

Williams %R indicator is overbought : over -20

Type : Neutral

Timeframe : 1 hour

Central Indicators, the scanner specialised in technical indicators, has identified this signal:

Price is back over the pivot point

Type : Bullish

Timeframe : Weekly

The Central Patterns scanner, which studies chart patterns, resistances and supports, has identified these signals:

Near horizontal support

Type : Bullish

Timeframe : 1 hour

Support of channel is broken

Type : Bearish

Timeframe : 1 hour

No result was found by the Central Candlesticks scanner on Japanese candlesticks.

ProTrendLines

Price

	S3	S2	S1	Price	R1	R2	R3
ProTrendLines	1.1291	1.1313	1.1349	1.1379	1.1401	1.1424	1.1508
Change (%)	-0.77%	-0.58%	-0.26%	-	+0.19%	+0.40%	+1.13%
Change	-0.0088	-0.0066	-0.0030	-	+0.0022	+0.0045	+0.0129
Level	Minor	Intermediate	Intermediate	-	Intermediate	Intermediate	Intermediate

Pivot points can also be used to set your price objectives. Here is the price situation in relation to pivot points:

Daily

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	1.1333	1.1353	1.1366	1.1386	1.1399	1.1419	1.1432
Camarilla	1.1371	1.1374	1.1377	1.1380	1.1383	1.1386	1.1389
Woodie	1.1331	1.1351	1.1364	1.1384	1.1397	1.1417	1.1430
Fibonacci	1.1353	1.1365	1.1373	1.1386	1.1398	1.1406	1.1419

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	1.1158	1.1225	1.1291	1.1358	1.1424	1.1491	1.1557
Camarilla	1.1321	1.1334	1.1346	1.1358	1.1370	1.1382	1.1395
Woodie	1.1159	1.1225	1.1292	1.1358	1.1425	1.1491	1.1558
Fibonacci	1.1225	1.1276	1.1307	1.1358	1.1409	1.1440	1.1491

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	1.0980	1.1148	1.1239	1.1407	1.1498	1.1666	1.1757
Camarilla	1.1258	1.1282	1.1305	1.1329	1.1353	1.1377	1.1400
Woodie	1.0941	1.1129	1.1200	1.1388	1.1459	1.1647	1.1718
Fibonacci	1.1148	1.1247	1.1308	1.1407	1.1506	1.1567	1.1666

Numerical data

The following is the status of technical indicators and moving averages registered at the time this technical analysis was created:

Technical indicators

Moving averages

RSI (14):	54.16
MACD (12,26,9):	0.0000
Directional Movement:	4.6834
AROON (14):	57.1429
DEMA (21):	1.1371
Parabolic SAR (0,02-0,02-0,2):	1.1358
Elder Ray (13):	0.0006
Super Trend (3,10):	1.1347
Zig ZAG (10):	1.1380
VORTEX (21):	0.9772
Stochastique (14,3,5):	81.13
TEMA (21):	1.1373
Williams %R (14):	-18.87
Chande Momentum Oscillator (20):	0.0017
Repulse (5,40,3):	0.0551
ROCnROLL:	1
TRIX (15,9):	-0.0052
Courbe Coppock:	0.08

MA7:	1.1366
MA20:	1.1323
MA50:	1.1405
MA100:	1.1331
MAexp7:	1.1376
MAexp20:	1.1373
MAexp50:	1.1375
MAexp100:	1.1369
Price / MA7:	+0.11%
Price / MA20:	+0.49%
Price / MA50:	-0.23%
Price / MA100:	+0.42%
Price / MAexp7:	+0.03%
Price / MAexp20:	+0.05%
Price / MAexp50:	+0.04%
Price / MAexp100:	+0.09%

Quotes : - Real time data - Forex

This member declared not having a position on this financial instrument or a related financial instrument.

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