DKK/SGD

- SGD (-)

- Real time data - Forex

Open:	-
Change:	-
Volume:	-

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

Type:	Forex
Ticker:	DKKSGD
ISIN:

DKK/SGD - Daily - Technical analysis published on 09/12/2023 (GMT)

Londinia

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Timeframe : Daily
- Analysis generated on
Status : TARGET REACHED

Summary of the analysis

Trends

Short term: Strongly bearish

Underlying: Bearish

Technical indicators

44%

50%

My opinion

Bearish under 0.1978 SGD

My targets

0.1935 SGD (-0.0026)

0.1920 SGD (-0.0041)

My analysis

In the short term, we can see an acceleration in the bearish trend on DKK/SGD, which is a positive signal for sellers. As long as the price remains above 0.1978 SGD, a sale could be considered. The first bearish objective is located at 0.1935 SGD. The bearish momentum would be revived by a break in this support. Sellers would then use the next support located at 0.1920 SGD as an objective. Crossing it would then enable sellers to target 0.1909 SGD. If the price were to return above 0.1978 SGD, it would probably only trigger a small rebound in the short term to give a better base for restarting. Trading this rebound may be risky.

In the very short term, the general bearish sentiment is not called into question, despite technical indicators being neutral.

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

The DKK/SGD price is 0.1961 SGD. On the day, this instrument gained +0.05% and was traded between 0.1960 SGD and 0.1961 SGD over the period. The price is currently at +0.05% from its lowest and 0% from its highest.

0.1960

0.1961

The Central Gaps scanner detects a bullish opening marking the presence of buyers ahead of sellers at the opening but not sufficiently marked to allow the price to register a quotation gap.

Bullish opening

Type : Bullish

Timeframe : Openning

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

The Central Records scanner, which identifies the highest / lowest, has detected several elements:

Near a new HIGH record (1 year)

Type : Bullish

Timeframe : Weekly

Near a new LOW record (1st january)

Type : Bearish

Timeframe : Weekly

Near a new LOW record (1 month)

Type : Bearish

Timeframe : Weekly

Technical

Technical analysis of DKK/SGD in Daily shows an overall bearish trend. The signals given by moving averages are 78.57% bearish. This bearish trend is reinforced by the strong signals currently being given by short-term moving averages. The Central Indicators scanner does not detect any result on moving averages that would impact this trend.

In fact, of the 18 technical indicators analysed by Central Analyzer, 8 are bullish, 1 are neutral and 9 are bearish. No additional result has been identified by Central Indicators, the scanner specialised in technical indicators.

Central Patterns, the market scanner focusing on chart patterns, resistances and supports found these results:

Near resistance of channel

Type : Bearish

Timeframe : Daily

Near resistance of triangle

Type : Bearish

Timeframe : Daily

The Central Candlesticks scanner which studies Japanese candlesticks did not detect anything.

ProTrendLines

Price

	S3	S2	S1	R1	Price	R2	R3
ProTrendLines	0.1909	0.1920	0.1935	0.1961	0.1961	0.1978	0.1986
Change (%)	-2.65%	-2.09%	-1.33%	0%	-	+0.87%	+1.27%
Change	-0.0052	-0.0041	-0.0026	0	-	+0.0017	+0.0025
Level	Major	Minor	Major	Major	-	Major	Minor

Attention could also be paid to pivot points to set price objectives:

Daily

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	0.1949	0.1952	0.1956	0.1959	0.1963	0.1966	0.1970
Camarilla	0.1958	0.1959	0.1959	0.1960	0.1961	0.1961	0.1962
Woodie	0.1950	0.1952	0.1957	0.1959	0.1964	0.1966	0.1971
Fibonacci	0.1952	0.1955	0.1956	0.1959	0.1962	0.1963	0.1966

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	0.1873	0.1893	0.1926	0.1946	0.1979	0.1999	0.2032
Camarilla	0.1944	0.1949	0.1954	0.1959	0.1964	0.1969	0.1974
Woodie	0.1880	0.1896	0.1933	0.1949	0.1986	0.2002	0.2039
Fibonacci	0.1893	0.1913	0.1926	0.1946	0.1966	0.1979	0.1999

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	0.1917	0.1938	0.1952	0.1973	0.1987	0.2008	0.2022
Camarilla	0.1955	0.1959	0.1962	0.1965	0.1968	0.1971	0.1975
Woodie	0.1913	0.1936	0.1948	0.1971	0.1983	0.2006	0.2018
Fibonacci	0.1938	0.1952	0.1960	0.1973	0.1987	0.1995	0.2008

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):	43.12
MACD (12,26,9):	-0.0005
Directional Movement:	-24.8794
AROON (14):	-78.5714
DEMA (21):	0.1961
Parabolic SAR (0,02-0,02-0,2):	0.1963
Elder Ray (13):	-0.0006
Super Trend (3,10):	0.1981
Zig ZAG (10):	0.1961
VORTEX (21):	0.8632
Stochastique (14,3,5):	64.52
TEMA (21):	0.1957
Williams %R (14):	-29.41
Chande Momentum Oscillator (20):	-0.0005
Repulse (5,40,3):	0.4131
ROCnROLL:	2
TRIX (15,9):	-0.0285
Courbe Coppock:	1.82

MA7:	0.1960
MA20:	0.1970
MA50:	0.1976
MA100:	0.1967
MAexp7:	0.1961
MAexp20:	0.1967
MAexp50:	0.1970
MAexp100:	0.1964
Price / MA7:	+0.05%
Price / MA20:	-0.46%
Price / MA50:	-0.76%
Price / MA100:	-0.31%
Price / MAexp7:	-0%
Price / MAexp20:	-0.31%
Price / MAexp50:	-0.46%
Price / MAexp100:	-0.15%

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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