CHF/DKK - 1H - Technical analysis published on 08/10/2022 (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:
Bullish
Underlying:
Strongly bullish
Technical indicators
17%
33%
50%
My opinion
Bullish above 7.6250 DKK
My targets
7.6521 DKK (+0.0141)
7.6839 DKK (+0.0459)
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 7.6250 DKK. The buyers' bullish objective is set at 7.6521 DKK. A bullish break in this resistance would boost the bullish momentum. The buyers could then target the resistance located at 7.6839 DKK. Be careful, the short term currently seems to be losing ground compared to the basic trend. Longer time units should be analysed to identify possible overbought items that could be a sign of a possible short-term correction.
Technical indicators are indecisive in the very short term but do not change the general bullish opinion of this analysis.
Force
0
10
3.8
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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 7.6380 DKK. The price registered an increase of +0.00% on the session with the lowest point at 7.6364 DKK and the highest point at 7.6426 DKK. The deviation from the price is +0.02% for the low point and -0.06% for the high point.7.6364
7.6426
7.6380
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
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. 82.14% of the signals given by moving averages are bullish. The slightly bullish signals given by the short-term moving averages indicate this 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 to suggest whether the signal given by the technical indicators is more bullish or bearish.
Central Indicators, the scanner specialised in technical indicators, has identified these signals:
Price is back over the pivot point
Type : Bullish
Timeframe : Weekly
Momentum indicator is back under 0
Type : Bearish
Timeframe : 1 hour
The Central Patterns scanner, which studies chart patterns, resistances and supports, has identified these signals:
Near resistance of channel
Type : Bearish
Timeframe : 1 hour
Near resistance of triangle
Type : Bearish
Timeframe : 1 hour
The Central Candlesticks scanner which studies Japanese candlesticks did not detect anything.
ProTrendLines
S3
S2
S1
R1
R2
Price
| S3 | S2 | S1 | Price | R1 | R2 | |
|---|---|---|---|---|---|---|
| ProTrendLines | 7.5961 | 7.6082 | 7.6250 | 7.6380 | 7.6521 | 7.6839 |
| Change (%) | -0.55% | -0.39% | -0.17% | - | +0.18% | +0.60% |
| Change | -0.0419 | -0.0298 | -0.0130 | - | +0.0141 | +0.0459 |
| Level | Minor | Minor | Major | - | Major | Minor |
Attention could also be paid to pivot points to set price objectives:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 7.5883 | 7.6032 | 7.6208 | 7.6357 | 7.6533 | 7.6682 | 7.6858 |
| Camarilla | 7.6294 | 7.6323 | 7.6353 | 7.6383 | 7.6413 | 7.6443 | 7.6472 |
| Woodie | 7.5896 | 7.6039 | 7.6221 | 7.6364 | 7.6546 | 7.6689 | 7.6871 |
| Fibonacci | 7.6032 | 7.6157 | 7.6233 | 7.6357 | 7.6482 | 7.6558 | 7.6682 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 7.4972 | 7.5439 | 7.5721 | 7.6188 | 7.6470 | 7.6937 | 7.7219 |
| Camarilla | 7.5798 | 7.5867 | 7.5935 | 7.6004 | 7.6073 | 7.6141 | 7.6210 |
| Woodie | 7.4881 | 7.5393 | 7.5630 | 7.6142 | 7.6379 | 7.6891 | 7.7128 |
| Fibonacci | 7.5439 | 7.5725 | 7.5902 | 7.6188 | 7.6474 | 7.6651 | 7.6937 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 7.2045 | 7.3043 | 7.4777 | 7.5775 | 7.7509 | 7.8507 | 8.0241 |
| Camarilla | 7.5759 | 7.6009 | 7.6260 | 7.6510 | 7.6760 | 7.7011 | 7.7261 |
| Woodie | 7.2412 | 7.3227 | 7.5144 | 7.5959 | 7.7876 | 7.8691 | 8.0608 |
| Fibonacci | 7.3043 | 7.4087 | 7.4732 | 7.5775 | 7.6819 | 7.7464 | 7.8507 |
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): | 52.24 | |
| MACD (12,26,9): | 0.0018 | |
| Directional Movement: | 3.3997 | |
| AROON (14): | 14.2857 | |
| DEMA (21): | 7.6409 | |
| Parabolic SAR (0,02-0,02-0,2): | 7.6426 | |
| Elder Ray (13): | 0.0012 | |
| Super Trend (3,10): | 7.6189 | |
| Zig ZAG (10): | 7.6382 | |
| VORTEX (21): | 1.0031 | |
| Stochastique (14,3,5): | 70.15 | |
| TEMA (21): | 7.6391 | |
| Williams %R (14): | -46.81 | |
| Chande Momentum Oscillator (20): | -0.0040 | |
| Repulse (5,40,3): | -0.0526 | |
| ROCnROLL: | -1 | |
| TRIX (15,9): | 0.0040 | |
| Courbe Coppock: | 0.11 |
| MA7: | 7.6283 | |
| MA20: | 7.5953 | |
| MA50: | 7.4382 | |
| MA100: | 7.3360 | |
| MAexp7: | 7.6389 | |
| MAexp20: | 7.6381 | |
| MAexp50: | 7.6324 | |
| MAexp100: | 7.6279 | |
| Price / MA7: | +0.13% | |
| Price / MA20: | +0.56% | |
| Price / MA50: | +2.69% | |
| Price / MA100: | +4.12% | |
| Price / MAexp7: | -0.01% | |
| Price / MAexp20: | +0.00% | |
| Price / MAexp50: | +0.07% | |
| Price / MAexp100: | +0.13% |
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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