CAD/DKK - 1H - Technical analysis published on 09/01/2021 (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
Short term:
Bullish
Underlying:
Neutral
Technical indicators
72%
0%
28%
My opinion
Neutral between 4.9821 DKK and 5.0151 DKK
My targets
-
My analysis
There is no basic trend on CAD/DKK and in the short term, there are still few buyers. It is difficult to advise a trading direction under these conditions. The nearest resistance is located at 5.0151 DKK. The nearest support is located at 4.9821 DKK. You could remain on the sidelines waiting for a more pronounced price movement on this instrument. A new analysis could then be carried out to provide clearer signals.
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
CAD/DKK rating 4.9990 DKK. On the day, this instrument gained +0.16% and was between 4.9860 DKK and 5.0002 DKK. This implies that the price is at +0.26% from its lowest and at -0.02% from its highest.4.9860
5.0002
4.9990
So that you have an overall view of the price change, here is a table showing the variations over several periods:
Technical
Technical analysis of this 1H chart of CAD/DKK indicates that the overall trend is not clearly defined. The slightly bullish signals currently given by short-term moving averages could allow the overall trend to return to a slightly bullish trend. The Central Indicators market scanner is currently detecting a bullish signal that could impact this trend:
Bullish price crossover with adaptative moving average 50
Type : Bullish
Timeframe : 1 hour
Technical indicators are strongly bullish, suggesting that the price increase should continue.
But beware of excesses. The Central Indicators scanner currently detects this:
CCI indicator is overbought : over 100
Type : Neutral
Timeframe : 1 hour
Price is back over the pivot point
Type : Bullish
Timeframe : Weekly
An analysis of the price chart with the Central Patterns scanner (detector of chart patterns and resistances and supports) shows a result that can have an impact on the price change:
Support of triangle is broken
Type : Bearish
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 | 4.9640 | 4.9821 | 4.9985 | 4.9990 | 5.0151 | 5.0283 | 5.0438 |
| Change (%) | -0.70% | -0.34% | -0.01% | - | +0.32% | +0.59% | +0.90% |
| Change | -0.0350 | -0.0169 | -0.0005 | - | +0.0161 | +0.0293 | +0.0448 |
| Level | Minor | Major | Intermediate | - | Minor | Minor | Major |
To determine price objectives, it is also possible to use the pivot points. Here is the price position in relation to pivot points:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 4.9573 | 4.9682 | 4.9795 | 4.9904 | 5.0017 | 5.0126 | 5.0239 |
| Camarilla | 4.9847 | 4.9867 | 4.9888 | 4.9908 | 4.9928 | 4.9949 | 4.9969 |
| Woodie | 4.9575 | 4.9683 | 4.9797 | 4.9905 | 5.0019 | 5.0127 | 5.0241 |
| Fibonacci | 4.9682 | 4.9767 | 4.9819 | 4.9904 | 4.9989 | 5.0041 | 5.0126 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 4.8804 | 4.9163 | 4.9565 | 4.9924 | 5.0326 | 5.0685 | 5.1087 |
| Camarilla | 4.9758 | 4.9828 | 4.9897 | 4.9967 | 5.0037 | 5.0107 | 5.0176 |
| Woodie | 4.8826 | 4.9174 | 4.9587 | 4.9935 | 5.0348 | 5.0696 | 5.1109 |
| Fibonacci | 4.9163 | 4.9454 | 4.9633 | 4.9924 | 5.0215 | 5.0394 | 5.0685 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 4.7631 | 4.8416 | 4.9162 | 4.9947 | 5.0693 | 5.1478 | 5.2224 |
| Camarilla | 4.9487 | 4.9627 | 4.9768 | 4.9908 | 5.0048 | 5.0189 | 5.0329 |
| Woodie | 4.7612 | 4.8406 | 4.9143 | 4.9937 | 5.0674 | 5.1468 | 5.2205 |
| Fibonacci | 4.8416 | 4.9001 | 4.9362 | 4.9947 | 5.0532 | 5.0893 | 5.1478 |
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): | 52.38 | |
| MACD (12,26,9): | -0.0006 | |
| Directional Movement: | 1.0258 | |
| AROON (14): | 21.4286 | |
| DEMA (21): | 4.9907 | |
| Parabolic SAR (0,02-0,02-0,2): | 4.9828 | |
| Elder Ray (13): | 0.0023 | |
| Super Trend (3,10): | 5.0033 | |
| Zig ZAG (10): | 4.9938 | |
| VORTEX (21): | 1.0015 | |
| Stochastique (14,3,5): | 74.82 | |
| TEMA (21): | 4.9914 | |
| Williams %R (14): | -23.73 | |
| Chande Momentum Oscillator (20): | 0.0027 | |
| Repulse (5,40,3): | 0.0579 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | -0.0033 | |
| Courbe Coppock: | 0.10 |
| MA7: | 5.0017 | |
| MA20: | 5.0169 | |
| MA50: | 5.0234 | |
| MA100: | 5.0255 | |
| MAexp7: | 4.9926 | |
| MAexp20: | 4.9918 | |
| MAexp50: | 4.9934 | |
| MAexp100: | 4.9956 | |
| Price / MA7: | -0.05% | |
| Price / MA20: | -0.36% | |
| Price / MA50: | -0.49% | |
| Price / MA100: | -0.53% | |
| Price / MAexp7: | +0.13% | |
| Price / MAexp20: | +0.14% | |
| Price / MAexp50: | +0.11% | |
| Price / MAexp100: | +0.07% |
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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