CAD/SEK - Daily - Technical analysis published on 02/28/2023 (GMT)
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- Timeframe : Daily
- - Analysis generated on
- Status : INVALID
Summary of the analysis
Additional analysis
Quotes
CAD/SEK rating 7.6590 SEK. The price has increased by +0.09% since the last closing with the lowest point at 7.6507 SEK and the highest point at 7.6592 SEK. The deviation from the price is +0.11% for the low point and +0.00% for the high point.A bearish opening was detected by the Central Gaps scanner. Sellers are trying to impose a bearish trend in the very short term.
Bearish opening
Type : Bearish
Timeframe : Openning
Here is a more detailed summary of the historical variations registered by CAD/SEK:
Near a new LOW record (1 year)
Type : Bearish
Timeframe : Weekly
Near a new HIGH record (1st january)
Type : Bullish
Timeframe : Weekly
Near a new HIGH record (1 month)
Type : Bullish
Timeframe : Weekly
Technical
A technical analysis in Daily of this CAD/SEK chart shows a sharp bearish trend. 89.29% of the signals given by moving averages are bearish. The overall trend is supported by the strong bearish signals from short-term moving averages. The Central Indicators scanner does not detect any result on moving averages that would impact this trend.
An assessment of technical indicators shows a bearish signal.
Caution: the Central Indicators scanner currently detects an excess:
CCI indicator is oversold : under -100
Type : Neutral
Timeframe : Daily
RSI indicator: bullish divergence
Type : Bullish
Timeframe : Daily
Williams %R indicator is oversold : under -80
Type : Neutral
Timeframe : Daily
Price is back under the pivot point
Type : Bearish
Timeframe : Weekly
An analysis of the price chart with the Central Patterns scanner (detector of chart patterns and resistances and supports) shows several results that can have an impact on the price change:
Near horizontal support
Type : Bullish
Timeframe : Daily
Near support of channel
Type : Bullish
Timeframe : Daily
Support of triangle is broken
Type : Bearish
Timeframe : Daily
The Central Candlesticks scanner which studies Japanese candlesticks did not detect anything.
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 7.1291 | 7.5056 | 7.6218 | 7.6590 | 7.6983 | 7.7898 | 7.9002 |
| Change (%) | -6.92% | -2.00% | -0.49% | - | +0.51% | +1.71% | +3.15% |
| Change | -0.5299 | -0.1534 | -0.0372 | - | +0.0393 | +0.1308 | +0.2412 |
| Level | Major | Major | Intermediate | - | Major | Minor | Intermediate |
To determine price objectives, it is also possible to use the pivot points. Here is the price position in relation to pivot points:
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 7.5474 | 7.5986 | 7.6254 | 7.6766 | 7.7034 | 7.7546 | 7.7814 |
| Camarilla | 7.6307 | 7.6378 | 7.6450 | 7.6521 | 7.6593 | 7.6664 | 7.6736 |
| Woodie | 7.5351 | 7.5925 | 7.6131 | 7.6705 | 7.6911 | 7.7485 | 7.7691 |
| Fibonacci | 7.5986 | 7.6284 | 7.6468 | 7.6766 | 7.7064 | 7.7248 | 7.7546 |
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 7.4802 | 7.5504 | 7.6329 | 7.7031 | 7.7856 | 7.8558 | 7.9383 |
| Camarilla | 7.6733 | 7.6873 | 7.7013 | 7.7153 | 7.7293 | 7.7433 | 7.7573 |
| Woodie | 7.4863 | 7.5535 | 7.6390 | 7.7062 | 7.7917 | 7.8589 | 7.9444 |
| Fibonacci | 7.5504 | 7.6088 | 7.6448 | 7.7031 | 7.7615 | 7.7975 | 7.8558 |
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 7.3324 | 7.4593 | 7.6518 | 7.7787 | 7.9712 | 8.0981 | 8.2906 |
| Camarilla | 7.7565 | 7.7857 | 7.8150 | 7.8443 | 7.8736 | 7.9029 | 7.9321 |
| Woodie | 7.3652 | 7.4757 | 7.6846 | 7.7951 | 8.0040 | 8.1145 | 8.3234 |
| Fibonacci | 7.4593 | 7.5813 | 7.6567 | 7.7787 | 7.9007 | 7.9761 | 8.0981 |
Numerical data
The following is the status of technical indicators and moving averages registered at the time this technical analysis was created:
| RSI (14): | 41.88 | |
| MACD (12,26,9): | -0.0236 | |
| Directional Movement: | -9.9654 | |
| AROON (14): | -71.4286 | |
| DEMA (21): | 7.7057 | |
| Parabolic SAR (0,02-0,02-0,2): | 7.7859 | |
| Elder Ray (13): | -0.0612 | |
| Super Trend (3,10): | 7.6490 | |
| Zig ZAG (10): | 7.6545 | |
| VORTEX (21): | 0.9616 | |
| Stochastique (14,3,5): | 18.16 | |
| TEMA (21): | 7.6815 | |
| Williams %R (14): | -86.17 | |
| Chande Momentum Oscillator (20): | -0.1865 | |
| Repulse (5,40,3): | -0.4639 | |
| ROCnROLL: | 2 | |
| TRIX (15,9): | -0.0109 | |
| Courbe Coppock: | 3.67 |
| MA7: | 7.6824 | |
| MA20: | 7.7625 | |
| MA50: | 7.7450 | |
| MA100: | 7.8192 | |
| MAexp7: | 7.6899 | |
| MAexp20: | 7.7285 | |
| MAexp50: | 7.7539 | |
| MAexp100: | 7.7996 | |
| Price / MA7: | -0.30% | |
| Price / MA20: | -1.33% | |
| Price / MA50: | -1.11% | |
| Price / MA100: | -2.05% | |
| Price / MAexp7: | -0.40% | |
| Price / MAexp20: | -0.90% | |
| Price / MAexp50: | -1.22% | |
| Price / MAexp100: | -1.80% |
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