CHF/DKK - 1H - Technical analysis published on 12/11/2020 (GMT)
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- Timeframe : 1H
- - Analysis generated on
- Status : LEVEL MAINTAINED
Analysis too old. There are no more charts available.
Summary of the analysis
Trends
Court terme:
Neutral
De fond:
Bullish
Technical indicators
28%
44%
28%
My opinion
Bullish above 6.8926 DKK
My targets
6.9288 DKK (+0.0121)
6.9741 DKK (+0.0574)
My analysis
Has the basic bullish trend slowed or is it lacking in power? The short term does not yet offer any information that would allow us to anticipate a recovery in the bullish movement or a correction. Sellers” generally have the upper hand, even if a small correction (not tradeable) on the support located at 6.8926 DKK remains possible. It is advisable to trade CHF/DKK with the greatest caution, while favouring long positions (at the time of purchase) as long as the price remains well above 6.8926 DKK. The next bullish objective for buyers is set at 6.9288 DKK. A bullish break in this resistance would boost the bullish momentum. The buyers could then target the resistance located at 6.9741 DKK. If there is any crossing, the next objective would be the resistance located at 6.9926 DKK. PS: if there is a bearish break in the support located at 6.8926 DKK we suggest that you produce a new automated technical analysis. In fact, conditions should have changed. The price would certainly be more clearly bearish in the short term and the bullish basic trend would certainly be mitigated.
Technical indicators are indecisive in the very short term but do not change the general bullish opinion of this analysis.
Force
0
10
3.4
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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
CHF/DKK rating 6.9167 DKK. The price registered a decrease of -0.03% on the session and was between 6.9086 DKK and 6.9208 DKK. This implies that the price is at +0.12% from its lowest and at -0.06% from its highest.6.9086
6.9208
6.9167
So that you have an overall view of the price change, here is a table showing the variations over several periods:
Technical
A technical analysis in 1H of this CHF/DKK chart shows a bullish trend. 78.57% of the signals given by moving averages are bullish. Caution: the neutral signals currently given by the short-term moving averages indicate that this bullish trend is showing signs of running out of steam. The Central Indicators scanner does not detect any result on moving averages that would impact this trend.
An assessment of technical indicators does not currently provide any relevant information on the direction of future price movements.
No additional result has been identified by Central Indicators, the scanner specialised in technical indicators.
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:
Horizontal resistance is broken
Type : Bullish
Timeframe : 1 hour
The Central Candlesticks scanner, specialised in Japanese candlesticks, did not identify any signals.
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 6.8841 | 6.8926 | 6.9106 | 6.9167 | 6.9202 | 6.9288 | 6.9741 |
| Change (%) | -0.47% | -0.35% | -0.09% | - | +0.05% | +0.17% | +0.83% |
| Change | -0.0326 | -0.0241 | -0.0061 | - | +0.0035 | +0.0121 | +0.0574 |
| Level | Intermediate | Minor | Minor | - | Minor | Intermediate | Minor |
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 | 6.8767 | 6.8890 | 6.9088 | 6.9211 | 6.9409 | 6.9532 | 6.9730 |
| Camarilla | 6.9197 | 6.9226 | 6.9256 | 6.9285 | 6.9314 | 6.9344 | 6.9373 |
| Woodie | 6.8804 | 6.8909 | 6.9125 | 6.9230 | 6.9446 | 6.9551 | 6.9767 |
| Fibonacci | 6.8890 | 6.9013 | 6.9089 | 6.9211 | 6.9334 | 6.9410 | 6.9532 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 6.8061 | 6.8258 | 6.8546 | 6.8743 | 6.9031 | 6.9228 | 6.9516 |
| Camarilla | 6.8702 | 6.8746 | 6.8791 | 6.8835 | 6.8880 | 6.8924 | 6.8968 |
| Woodie | 6.8108 | 6.8281 | 6.8593 | 6.8766 | 6.9078 | 6.9251 | 6.9563 |
| Fibonacci | 6.8258 | 6.8443 | 6.8557 | 6.8743 | 6.8928 | 6.9042 | 6.9228 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 6.6708 | 6.7580 | 6.8118 | 6.8990 | 6.9528 | 7.0400 | 7.0938 |
| Camarilla | 6.8268 | 6.8398 | 6.8527 | 6.8656 | 6.8785 | 6.8915 | 6.9044 |
| Woodie | 6.6541 | 6.7497 | 6.7951 | 6.8907 | 6.9361 | 7.0317 | 7.0771 |
| Fibonacci | 6.7580 | 6.8119 | 6.8451 | 6.8990 | 6.9529 | 6.9861 | 7.0400 |
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): | 55.57 | |
| MACD (12,26,9): | 0.0026 | |
| Directional Movement: | 3.3790 | |
| AROON (14): | -64.2857 | |
| DEMA (21): | 6.9266 | |
| Parabolic SAR (0,02-0,02-0,2): | 6.9290 | |
| Elder Ray (13): | 0.0010 | |
| Super Trend (3,10): | 6.9115 | |
| Zig ZAG (10): | 6.9227 | |
| VORTEX (21): | 1.1443 | |
| Stochastique (14,3,5): | 26.04 | |
| TEMA (21): | 6.9251 | |
| Williams %R (14): | -81.30 | |
| Chande Momentum Oscillator (20): | -0.0049 | |
| Repulse (5,40,3): | -0.0271 | |
| ROCnROLL: | -1 | |
| TRIX (15,9): | 0.0072 | |
| Courbe Coppock: | 0.03 |
| MA7: | 6.9001 | |
| MA20: | 6.8889 | |
| MA50: | 6.9149 | |
| MA100: | 6.9110 | |
| MAexp7: | 6.9241 | |
| MAexp20: | 6.9226 | |
| MAexp50: | 6.9158 | |
| MAexp100: | 6.9055 | |
| Price / MA7: | +0.24% | |
| Price / MA20: | +0.40% | |
| Price / MA50: | +0.03% | |
| Price / MA100: | +0.08% | |
| Price / MAexp7: | -0.10% | |
| Price / MAexp20: | -0.07% | |
| Price / MAexp50: | +0.02% | |
| Price / MAexp100: | +0.17% |
Quotes :
2020-12-11 08:05:44
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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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