CHF/DKK
CHF DKK
- DKK (-)
- Real time data - Forex
Open: -
Change: -
Volume: -
Low: -
High: -
High / Low range: -
Type: Forex
Ticker: CHFDKK
ISIN:

CHF/DKK - 1H - Technical analysis published on 01/29/2021 (GMT)

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  • Timeframe : 1H
  • - Analysis generated on
  • Status : TARGET REACHED

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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:
15 min. Daily Weekly

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.

Central Gaps

Bearish opening

Type : Bearish

Timeframe : Openning



A study of price movements over other periods shows the following variations:
The Central Records scanner, which identifies the highest / lowest, has detected an element:

Central Records

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:

Central Indicators

CCI indicator is overbought : over 100

Type : Neutral

Timeframe : 1 hour


Williams %R indicator is overbought : over -20

Type : Neutral

Timeframe : 1 hour

The Central Indicators scanner found this result concerning these indicators:

Central Indicators

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


S3S2S1PriceR1R2R3
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
Standard6.86666.87946.89226.90506.91786.93066.9434
Camarilla6.89796.90026.90266.90496.90736.90966.9119
Woodie6.86656.87946.89216.90506.91776.93066.9433
Fibonacci6.87946.88926.89536.90506.91486.92096.9306


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard6.85366.87316.88846.90796.92326.94276.9580
Camarilla6.89406.89726.90046.90366.90686.91006.9132
Woodie6.85146.87216.88626.90696.92106.94176.9558
Fibonacci6.87316.88646.89466.90796.92126.92946.9427


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard6.72166.77456.82766.88056.93366.98657.0396
Camarilla6.85156.86126.87096.88066.89036.90006.9098
Woodie6.72166.77466.82766.88066.93366.98667.0396
Fibonacci6.77456.81506.84006.88056.92106.94606.9865

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 - Real time data - Forex

This member declared not having a position on this financial instrument or a related financial instrument.

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