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

DKK/CZK - 1H - Technical analysis published on 10/26/2023 (GMT)

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  • Timeframe : 1H
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Summary of the analysis

Trends
Short term: Neutral
Underlying: Bullish
Technical indicators
22%
33%
44%
My opinion
Bullish above 3.3021 CZK
My targets
3.3095 CZK (+0.0019)
3.3150 CZK (+0.0074)
My analysis
We are currently in a phase of short-term indecision. In a case like this, you could favour trades in the direction of the basic trend on DKK/CZK. As long as you are above the support located at 3.3021 CZK, traders with an aggressive trading strategy could consider a purchase. A cross of the resistance located at 3.3095 CZK would be a signal that the basic trade will reverse and the short-term trend could then quickly become bullish. Buyers would then use the next resistance located at 3.3150 CZK as an objective. Crossing it would then enable buyers to target 3.3215 CZK. If the support 3.3021 CZK were to be broken, this would simply be a sign of a possible continuation of short-term consolidation and trading against the trend would then perhaps be more risky.

Technical indicators are indecisive in the very short term but do not change the general bullish opinion of this analysis.
Force
0
10
2.1

Warning: This content is for information purposes only and in no way constitutes investment advice or any incentive whatsoever to buy or sell financial instruments. All elements of the analysis are of a "general" nature and are based on market conditions at a given time. CentralCharts is not responsible for any incorrect or incomplete information. Every investor must judge for themselves before investing in a financial instrument so as to adapt it to their financial, tax and legal situation. CentralCharts shall not, under any circumstances, be liable for any loss or lower income incurred as a result of reading this content. Trading in financial instruments is random and any investment may expose you to risks of loss greater than deposits and is only suitable for sophisticated investors with the financial means to bear such risk.

This analysis was given by Londinia. Take part yourself by sharing additional analysis on another time unit:
15 min. Daily Weekly

Additional analysis

Quotes

The DKK/CZK rating is 3.3076 CZK. The price registered a decrease of -0.05% on the session and was traded between 3.3074 CZK and 3.3154 CZK over the period. The price is currently at +0.01% from its lowest and -0.24% from its highest.

3.3074
3.3154
3.3076

So that you have an overall view of the price change, here is a table showing the variations over several periods:
The Central Records scanner for higher/lower results shows the following items:

Central Records

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


Technical analysis of DKK/CZK in 1H shows an overall bullish trend. 71.43% of the signals given by moving averages are bullish. Caution: the neutral signals currently given by short-term moving averages show us that the global trend is losing momentum. The Central Indicators scanner detects bearish signals on moving averages that could impact this trend:

Central Indicators

Bearish price crossover with Moving Average 20

Type : Bearish

Timeframe : 1 hour


Bearish price crossover with adaptative moving average 20

Type : Bearish

Timeframe : 1 hour



On the 18 technical indicators analysed, 4 are bullish, 8 are neutral and 6 are bearish. But beware of excesses. The Central Indicators scanner currently detects this:

Central Indicators

Williams %R indicator is oversold : under -80

Type : Neutral

Timeframe : 1 hour

Central Indicators, the detector scanner for these technical indicators has recently detected several signals:

Central Indicators

Parabolic SAR indicator bearish reversal

Type : Bearish

Timeframe : 1 hour


Price is back over the pivot point

Type : Bullish

Timeframe : Weekly



The Central Patterns scanner, which studies chart patterns, resistances and supports, has identified these signals:

Central Patterns

Near horizontal resistance

Type : Bearish

Timeframe : 1 hour


Resistance of channel is broken

Type : Bullish

Timeframe : 1 hour



No result was found by the Central Candlesticks scanner on Japanese candlesticks.


ProTrendLines
S3
S2
S1
R1
R2
R3
Price


S3S2S1PriceR1R2R3
ProTrendLines 3.2958 3.3021 3.3076 3.3076 3.3095 3.3116 3.3150
Change (%) -0.36% -0.17% 0% - +0.06% +0.12% +0.22%
Change -0.0118 -0.0055 0 - +0.0019 +0.0040 +0.0074
Level Major Minor Minor - Minor Intermediate 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
Standard3.28353.28963.29943.30553.31533.32143.3312
Camarilla3.30483.30633.30773.30923.31073.31213.3136
Woodie3.28543.29053.30133.30643.31723.32233.3331
Fibonacci3.28963.29573.29943.30553.31163.31533.3214


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard3.26663.28003.28823.30163.30983.32323.3314
Camarilla3.29053.29243.29443.29643.29843.30043.3023
Woodie3.26403.27873.28563.30033.30723.32193.3288
Fibonacci3.28003.28833.29343.30163.30993.31503.3232


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard3.06063.11603.19543.25083.33023.38563.4650
Camarilla3.23773.25013.26243.27483.28723.29953.3119
Woodie3.07263.12203.20743.25683.34223.39163.4770
Fibonacci3.11603.16753.19933.25083.30233.33413.3856

Numerical data


The following is the status of technical indicators and moving averages registered at the time this technical analysis was created:

Technical indicators
Moving averages

RSI (14): 46.69
MACD (12,26,9): 0.0017
Directional Movement: 8.7394
AROON (14): -28.5714
DEMA (21): 3.3124
Parabolic SAR (0,02-0,02-0,2): 3.3154
Elder Ray (13): -0.0008
Super Trend (3,10): 3.3062
Zig ZAG (10): 3.3078
VORTEX (21): 0.9800
Stochastique (14,3,5): 34.66
TEMA (21): 3.3121
Williams %R (14): -97.44
Chande Momentum Oscillator (20): -0.0016
Repulse (5,40,3): -0.1587
ROCnROLL: -1
TRIX (15,9): 0.0098
Courbe Coppock: 0.13
MA7: 3.3029
MA20: 3.2940
MA50: 3.2721
MA100: 3.2402
MAexp7: 3.3108
MAexp20: 3.3099
MAexp50: 3.3065
MAexp100: 3.3045
Price / MA7: +0.14%
Price / MA20: +0.41%
Price / MA50: +1.08%
Price / MA100: +2.08%
Price / MAexp7: -0.10%
Price / MAexp20: -0.07%
Price / MAexp50: +0.03%
Price / MAexp100: +0.09%

Quotes : - Real time data - Forex

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

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