CAD/DKK - 1H - Technical analysis published on 07/08/2020 (GMT)
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- Timeframe : 1H
- - Analysis generated on
- Status : NEUTRAL
Analysis too old. There are no more charts available.
Summary of the analysis
Trends
Court terme:
Neutral
De fond:
Slightly bearish
Technical indicators
44%
11%
44%
My opinion
Neutral between 4.8519 DKK and 4.8750 DKK
My targets
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My analysis
A slightly bearish trend and a neutral short term. With such a pattern, it is difficult to favour buying or selling. The first support is located at 4.8519 DKK. The first resistance is located at 4.8750 DKK. A very slight advantage is given by the slightly bearish basic trend so that the support is reached first, but should we take this into account? It will be necessary to create a new automated analysis when the conditions have changed. This could be the case, for example, when the first support has been broken below or the first resistance has been broken above.
Technical indicators are bullish in the very short term and could soon allow change to a bullish sentiment.
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This analysis was given by Vincent Launay. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
The CAD/DKK rating is 4.8598 DKK. The price registered an increase of +0.05% on the session and was between 4.8524 DKK and 4.8618 DKK. This implies that the price is at +0.15% from its lowest and at -0.04% from its highest.4.8524
4.8618
4.8598
The Central Gaps scanner detects a bearish opening marking the presence of sellers ahead of buyers at the opening but not sufficiently marked to allow the price to register a quotation gap.
Bearish opening
Type : Bearish
Timeframe : Openning
So that you have an overall view of the price change, here is a table showing the variations over several periods:
Near a new LOW record (1st january)
Type : Bearish
Timeframe : Weekly
Technical
Technical analysis of this 1H chart of CAD/DKK indicates that the overall trend is slightly bearish. 60.71% of the signals given by moving averages are bullish. As the signals currently given by short-term moving averages are rather neutral, the overall trend could quickly return to neutral as well. The Central Indicators scanner detects bullish signals on moving averages that could impact this trend:
Bullish trend reversal : Moving Average 20
Type : Bullish
Timeframe : 1 hour
Bullish trend reversal : Moving Average 100
Type : Bullish
Timeframe : 1 hour
Bullish price crossover with Moving Average 20
Type : Bullish
Timeframe : 1 hour
In fact, according to the parameters integrated into the Central Analyzer system, only 8 technical indicators out of 18 analysed are currently bullish. Caution: the Central Indicators scanner currently detects an excess:
Williams %R indicator is overbought : over -20
Type : Neutral
Timeframe : 1 hour
Pivot points : price is under support 3
Type : Neutral
Timeframe : 1 hour
Price is back over the pivot point
Type : Bullish
Timeframe : Weekly
The Central Patterns scanner, which studies chart patterns, resistances and supports, has identified this signal:
Near support of channel
Type : Bullish
Timeframe : 1 hour
The Central Candlesticks scanner which studies Japanese candlesticks did not detect anything.
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 4.8312 | 4.8422 | 4.8519 | 4.8598 | 4.8599 | 4.8750 | 4.8937 |
| Change (%) | -0.59% | -0.36% | -0.16% | - | +0.00% | +0.31% | +0.70% |
| Change | -0.0286 | -0.0176 | -0.0079 | - | +0.0001 | +0.0152 | +0.0339 |
| Level | Intermediate | Major | Major | - | Minor | 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 | 4.8246 | 4.8382 | 4.8479 | 4.8615 | 4.8712 | 4.8848 | 4.8945 |
| Camarilla | 4.8512 | 4.8533 | 4.8555 | 4.8576 | 4.8597 | 4.8619 | 4.8640 |
| Woodie | 4.8227 | 4.8372 | 4.8460 | 4.8605 | 4.8693 | 4.8838 | 4.8926 |
| Fibonacci | 4.8382 | 4.8471 | 4.8526 | 4.8615 | 4.8704 | 4.8759 | 4.8848 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 4.7740 | 4.8026 | 4.8461 | 4.8747 | 4.9182 | 4.9468 | 4.9903 |
| Camarilla | 4.8698 | 4.8764 | 4.8830 | 4.8896 | 4.8962 | 4.9028 | 4.9094 |
| Woodie | 4.7815 | 4.8063 | 4.8536 | 4.8784 | 4.9257 | 4.9505 | 4.9978 |
| Fibonacci | 4.8026 | 4.8301 | 4.8472 | 4.8747 | 4.9022 | 4.9193 | 4.9468 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 4.6983 | 4.7620 | 4.8244 | 4.8881 | 4.9505 | 5.0142 | 5.0766 |
| Camarilla | 4.8522 | 4.8638 | 4.8753 | 4.8869 | 4.8985 | 4.9100 | 4.9216 |
| Woodie | 4.6978 | 4.7617 | 4.8239 | 4.8878 | 4.9500 | 5.0139 | 5.0761 |
| Fibonacci | 4.7620 | 4.8101 | 4.8399 | 4.8881 | 4.9362 | 4.9660 | 5.0142 |
Numerical data
The following is the status of the technical indicators and moving averages at the time of publication of this technical analysis:
Technical indicators
Moving averages
| RSI (14): | 51.27 | |
| MACD (12,26,9): | -0.0012 | |
| Directional Movement: | 5.7645 | |
| AROON (14): | -14.2857 | |
| DEMA (21): | 4.8566 | |
| Parabolic SAR (0,02-0,02-0,2): | 4.8752 | |
| Elder Ray (13): | 0.0011 | |
| Super Trend (3,10): | 4.8682 | |
| Zig ZAG (10): | 4.8597 | |
| VORTEX (21): | 1.0065 | |
| Stochastique (14,3,5): | 21.90 | |
| TEMA (21): | 4.8575 | |
| Williams %R (14): | -71.49 | |
| Chande Momentum Oscillator (20): | 0.0022 | |
| Repulse (5,40,3): | 0.0508 | |
| ROCnROLL: | -1 | |
| TRIX (15,9): | -0.0050 | |
| Courbe Coppock: | 0.02 |
| MA7: | 4.8742 | |
| MA20: | 4.8728 | |
| MA50: | 4.8882 | |
| MA100: | 4.8968 | |
| MAexp7: | 4.8583 | |
| MAexp20: | 4.8584 | |
| MAexp50: | 4.8624 | |
| MAexp100: | 4.8666 | |
| Price / MA7: | -0.30% | |
| Price / MA20: | -0.27% | |
| Price / MA50: | -0.58% | |
| Price / MA100: | -0.76% | |
| Price / MAexp7: | +0.03% | |
| Price / MAexp20: | +0.03% | |
| Price / MAexp50: | -0.05% | |
| Price / MAexp100: | -0.14% |
Quotes :
2020-07-08 10:44:32
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Real time data
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Forex
This member declared not having a position on this financial instrument or a related financial instrument.
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