CHF/DKK - 1H - Technical analysis published on 07/29/2022 (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
Short term:
Strongly bullish
Underlying:
Strongly bullish
Technical indicators
22%
33%
44%
My opinion
Bullish above 7.6196 DKK
My targets
7.6689 DKK (+0.0171)
My analysis
All elements being clearly bullish, it would be possible for traders to trade only long positions (at the time of purchase) on CHF/DKK as long as the price remains well above 7.6196 DKK. The buyers' bullish objective is set at 7.6689 DKK. A bullish break in this resistance would boost the bullish momentum. However, beware of bullish excesses that could lead to a possible short-term correction; but this possible correction would not be tradeable.
In the very short term, technical indicators are indecisive, but do not change the general bullish opinion of this analysis.
Force
0
10
5.7
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This analysis was given by Londinia. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
CHF/DKK rating 7.6518 DKK. The price registered an increase of +0.00% on the session and was between 7.6450 DKK and 7.6537 DKK. This implies that the price is at +0.09% from its lowest and at -0.02% from its highest.7.6450
7.6537
7.6518
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
So that you have an overall view of the price change, here is a table showing the variations over several periods:
New HIGH record (5 years)
Type : Bullish
Timeframe : Weekly
Near a new HIGH record (1 year)
Type : Bullish
Timeframe : Weekly
Near a new HIGH record (1st january)
Type : Bullish
Timeframe : Weekly
Near a new LOW record (1 month)
Type : Bearish
Timeframe : Weekly
Technical
A technical analysis in 1H of this CHF/DKK chart shows a strongly bullish trend. 92.86% of the signals given by moving averages are bullish. The overall trend is supported by the strong bullish signals from short-term moving averages. There is no crossing of moving average by the price or crossing of moving averages between themselves.
An assessment of technical indicators does not currently provide any relevant information to suggest whether the signal given by the technical indicators is more bullish or bearish.
The Central Indicators scanner found this result concerning these indicators:
Pivot points : price is over resistance 1
Type : Neutral
Timeframe : Weekly
No signals are given by Central Patterns, a market scanner specialised in chart patterns, resistances and supports.
The Central Candlesticks scanner which studies Japanese candlesticks did not detect anything.
ProTrendLines
S3
S2
S1
R1
Price
| S3 | S2 | S1 | Price | R1 | |
|---|---|---|---|---|---|
| ProTrendLines | 7.5559 | 7.5878 | 7.6462 | 7.6518 | 7.6689 |
| Change (%) | -1.25% | -0.84% | -0.07% | - | +0.22% |
| Change | -0.0959 | -0.0640 | -0.0056 | - | +0.0171 |
| Level | Major | Intermediate | 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:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 7.5284 | 7.5598 | 7.6060 | 7.6374 | 7.6836 | 7.7150 | 7.7612 |
| Camarilla | 7.6308 | 7.6379 | 7.6450 | 7.6521 | 7.6592 | 7.6663 | 7.6734 |
| Woodie | 7.5357 | 7.5635 | 7.6133 | 7.6411 | 7.6909 | 7.7187 | 7.7685 |
| Fibonacci | 7.5598 | 7.5895 | 7.6078 | 7.6374 | 7.6671 | 7.6854 | 7.7150 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 7.4040 | 7.4422 | 7.5118 | 7.5500 | 7.6196 | 7.6578 | 7.7274 |
| Camarilla | 7.5517 | 7.5615 | 7.5714 | 7.5813 | 7.5912 | 7.6011 | 7.6110 |
| Woodie | 7.4196 | 7.4501 | 7.5274 | 7.5579 | 7.6352 | 7.6657 | 7.7430 |
| Fibonacci | 7.4422 | 7.4834 | 7.5089 | 7.5500 | 7.5912 | 7.6167 | 7.6578 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 6.7705 | 6.9226 | 7.1768 | 7.3289 | 7.5831 | 7.7352 | 7.9894 |
| Camarilla | 7.3194 | 7.3566 | 7.3939 | 7.4311 | 7.4683 | 7.5056 | 7.5428 |
| Woodie | 6.8217 | 6.9481 | 7.2280 | 7.3544 | 7.6343 | 7.7607 | 8.0406 |
| Fibonacci | 6.9226 | 7.0778 | 7.1737 | 7.3289 | 7.4841 | 7.5800 | 7.7352 |
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): | 58.34 | |
| MACD (12,26,9): | 0.0072 | |
| Directional Movement: | 3.0507 | |
| AROON (14): | 7.1429 | |
| DEMA (21): | 7.6541 | |
| Parabolic SAR (0,02-0,02-0,2): | 7.6656 | |
| Elder Ray (13): | 0.0027 | |
| Super Trend (3,10): | 7.6200 | |
| Zig ZAG (10): | 7.6501 | |
| VORTEX (21): | 1.1922 | |
| Stochastique (14,3,5): | 45.06 | |
| TEMA (21): | 7.6553 | |
| Williams %R (14): | -51.32 | |
| Chande Momentum Oscillator (20): | -0.0134 | |
| Repulse (5,40,3): | 0.0319 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | 0.0162 | |
| Courbe Coppock: | 0.29 |
| MA7: | 7.6031 | |
| MA20: | 7.5479 | |
| MA50: | 7.3738 | |
| MA100: | 7.3030 | |
| MAexp7: | 7.6497 | |
| MAexp20: | 7.6442 | |
| MAexp50: | 7.6300 | |
| MAexp100: | 7.6100 | |
| Price / MA7: | +0.64% | |
| Price / MA20: | +1.38% | |
| Price / MA50: | +3.77% | |
| Price / MA100: | +4.78% | |
| Price / MAexp7: | +0.03% | |
| Price / MAexp20: | +0.10% | |
| Price / MAexp50: | +0.29% | |
| Price / MAexp100: | +0.55% |
Quotes :
-
Real time data
-
Forex
This member declared not having a position on this financial instrument or a related financial instrument.
About author
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