CHF/DKK - 1H - Technical analysis published on 01/29/2021 (GMT)
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- Timeframe : 1H
- - Analysis generated on
- Status : TARGET REACHED
Analysis too old. There are no more charts available.
Summary of the analysis
Trends
Court terme:
Bearish
De fond:
Slightly bearish
Technical indicators
56%
6%
39%
My opinion
Bearish under 6.9059 DKK
My targets
6.8928 DKK (-0.0078)
6.8640 DKK (-0.0366)
My analysis
The bearish trend is truly tentative and does not seem to be supported in the short term. It is advisable to trade CHF/DKK with the greatest caution, while favouring short positions (for sale) as long as the price remains well below 6.9059 DKK. The next bearish objective for sellers is set at 6.8928 DKK. A bearish break of this support would revive the bearish momentum. The sellers could then target the support located at 6.8640 DKK. In case of crossing, the next objective would be the support located at 6.7621 DKK. In the event of a bullish break in the resistance located at 6.9059 DKK a certain indecision would take hold.
In the very short term, the general bearish opinion of this analysis is in opposition with technical indicators. As long as the invalidation level of this analysis is not breached, the bearish direction is still favored, however the current short term correction should be carefully watched.
Force
0
10
0.9
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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 CHF/DKK rating is 6.9006 DKK. The price is lower by -0.06% since the last closing and was traded between 6.8989 DKK and 6.9119 DKK over the period. The price is currently at +0.02% from its lowest and -0.16% from its highest.6.8989
6.9119
6.9006
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
A study of price movements over other periods shows the following variations:
Near a new HIGH record (5 years)
Type : Bullish
Timeframe : Weekly
Technical
Technical analysis of CHF/DKK in 1H shows an overall slightly bearish trend. 60.71% of the signals given by moving averages are bearish. The overall trend remains fragile, reflecting the slightly bearish signals 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, 10 technical indicators on 18 studied are currently positioned bullish. Caution: the Central Indicators scanner currently detects an excess:
CCI indicator is overbought : over 100
Type : Neutral
Timeframe : 1 hour
Williams %R indicator is overbought : over -20
Type : Neutral
Timeframe : 1 hour
Price is back under the pivot point
Type : Bearish
Timeframe : Weekly
The analysis of the price chart with Central Patterns scanners does not return any result.
No result was found by the Central Candlesticks scanner on Japanese candlesticks.
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 6.8640 | 6.8875 | 6.8928 | 6.9006 | 6.9013 | 6.9059 | 6.9093 |
| Change (%) | -0.53% | -0.19% | -0.11% | - | +0.01% | +0.08% | +0.13% |
| Change | -0.0366 | -0.0131 | -0.0078 | - | +0.0007 | +0.0053 | +0.0087 |
| Level | Major | Intermediate | Major | - | Minor | Minor | 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 | 6.8666 | 6.8794 | 6.8922 | 6.9050 | 6.9178 | 6.9306 | 6.9434 |
| Camarilla | 6.8979 | 6.9002 | 6.9026 | 6.9049 | 6.9073 | 6.9096 | 6.9119 |
| Woodie | 6.8665 | 6.8794 | 6.8921 | 6.9050 | 6.9177 | 6.9306 | 6.9433 |
| Fibonacci | 6.8794 | 6.8892 | 6.8953 | 6.9050 | 6.9148 | 6.9209 | 6.9306 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 6.8536 | 6.8731 | 6.8884 | 6.9079 | 6.9232 | 6.9427 | 6.9580 |
| Camarilla | 6.8940 | 6.8972 | 6.9004 | 6.9036 | 6.9068 | 6.9100 | 6.9132 |
| Woodie | 6.8514 | 6.8721 | 6.8862 | 6.9069 | 6.9210 | 6.9417 | 6.9558 |
| Fibonacci | 6.8731 | 6.8864 | 6.8946 | 6.9079 | 6.9212 | 6.9294 | 6.9427 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 6.7216 | 6.7745 | 6.8276 | 6.8805 | 6.9336 | 6.9865 | 7.0396 |
| Camarilla | 6.8515 | 6.8612 | 6.8709 | 6.8806 | 6.8903 | 6.9000 | 6.9098 |
| Woodie | 6.7216 | 6.7746 | 6.8276 | 6.8806 | 6.9336 | 6.9866 | 7.0396 |
| Fibonacci | 6.7745 | 6.8150 | 6.8400 | 6.8805 | 6.9210 | 6.9460 | 6.9865 |
Numerical data
The following are the details of the technical indicators and moving averages that were collected to generate this technical analysis:
Technical indicators
Moving averages
| RSI (14): | 41.63 | |
| MACD (12,26,9): | 0.0000 | |
| Directional Movement: | -9.4359 | |
| AROON (14): | 50.0000 | |
| DEMA (21): | 6.9061 | |
| Parabolic SAR (0,02-0,02-0,2): | 6.9119 | |
| Elder Ray (13): | 0.0005 | |
| Super Trend (3,10): | 6.9147 | |
| Zig ZAG (10): | 6.9092 | |
| VORTEX (21): | 1.0743 | |
| Stochastique (14,3,5): | 84.09 | |
| TEMA (21): | 6.9086 | |
| Williams %R (14): | -21.21 | |
| Chande Momentum Oscillator (20): | 0.0051 | |
| Repulse (5,40,3): | 0.0126 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | -0.0002 | |
| Courbe Coppock: | 0.15 |
| MA7: | 6.9040 | |
| MA20: | 6.8928 | |
| MA50: | 6.8867 | |
| MA100: | 6.9033 | |
| MAexp7: | 6.9075 | |
| MAexp20: | 6.9062 | |
| MAexp50: | 6.9060 | |
| MAexp100: | 6.9051 | |
| Price / MA7: | -0.05% | |
| Price / MA20: | +0.11% | |
| Price / MA50: | +0.20% | |
| Price / MA100: | -0.04% | |
| Price / MAexp7: | -0.10% | |
| Price / MAexp20: | -0.08% | |
| Price / MAexp50: | -0.08% | |
| Price / MAexp100: | -0.07% |
Quotes :
2021-01-29 09:41:15
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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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