DKK/CZK - 1H - Technical analysis published on 12/08/2023 (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:
Slightly bullish
Technical indicators
78%
6%
17%
My opinion
Bullish above 3.2601 CZK
My targets
3.2684 CZK (+0.0040)
3.2723 CZK (+0.0079)
My analysis
The basic trend is currently slightly bullish on DKK/CZK and the short term does not seem to show any sign of improvement. Buyers are struggling to get their hands on this instrument. However, as long as the price remains above 3.2601 CZK, purchases could be favourable. The first bullish objective would be the resistance located at 3.2684 CZK. Then the price could move towards 3.2723 CZK. Then 3.2782 CZK by extension. A return under the support to 3.2601 CZK could jeopardize this fragile bullish trend. Indecision would then be total and in this case you could keep away.
In the very short term, the general bullish sentiment is confirmed by technical indicators. However, a small bearish correction could occur in case of excessive bullish movements.
Force
0
10
5.4
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This analysis was given by Londinia. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
The DKK/CZK rating is 3.2644 CZK. The price is lower by -0.01% since the last closing and was between 3.2630 CZK and 3.2659 CZK. This implies that the price is at +0.04% from its lowest and at -0.05% from its highest.3.2630
3.2659
3.2644
The Central Gaps scanner detects a bearish opening. A small advantage for sellers in the very short term.
Bearish opening
Type : Bearish
Timeframe : Openning
Here is a more detailed summary of the historical variations registered by DKK/CZK:
Near a new LOW record (5 years)
Type : Bearish
Timeframe : Weekly
Near a new LOW record (1 year)
Type : Bearish
Timeframe : Weekly
Near a new LOW record (1st january)
Type : Bearish
Timeframe : Weekly
Near a new HIGH record (1 month)
Type : Bullish
Timeframe : Weekly
Technical
A technical analysis in 1H of this DKK/CZK chart shows a slightly bullish trend. 60.71% of the signals given by moving averages are bullish. The slightly bullish signals given by short-term moving averages do not show a strengthening of this global trend. There is no crossing of moving average by the price or crossing of moving averages between themselves.
In fact, 14 technical indicators on 18 studied are currently bullish. The Central Indicators scanner found this result concerning these indicators:
Price is back over the pivot point
Type : Bullish
Timeframe : Weekly
Central Patterns, the market scanner focusing on chart patterns, resistances and supports found this result:
Near resistance of channel
Type : Bearish
Timeframe : 1 hour
The Central Candlesticks scanner, specialised in Japanese candlesticks, did not identify any signals.
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 3.2528 | 3.2572 | 3.2601 | 3.2644 | 3.2660 | 3.2684 | 3.2723 |
| Change (%) | -0.36% | -0.22% | -0.13% | - | +0.05% | +0.12% | +0.24% |
| Change | -0.0116 | -0.0072 | -0.0043 | - | +0.0016 | +0.0040 | +0.0079 |
| Level | Major | Intermediate | Minor | - | Minor | Major | Minor |
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 | 3.2473 | 3.2522 | 3.2585 | 3.2634 | 3.2697 | 3.2746 | 3.2809 |
| Camarilla | 3.2617 | 3.2628 | 3.2638 | 3.2648 | 3.2658 | 3.2669 | 3.2679 |
| Woodie | 3.2480 | 3.2526 | 3.2592 | 3.2638 | 3.2704 | 3.2750 | 3.2816 |
| Fibonacci | 3.2522 | 3.2565 | 3.2591 | 3.2634 | 3.2677 | 3.2703 | 3.2746 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 3.2134 | 3.2300 | 3.2437 | 3.2603 | 3.2740 | 3.2906 | 3.3043 |
| Camarilla | 3.2490 | 3.2518 | 3.2545 | 3.2573 | 3.2601 | 3.2629 | 3.2656 |
| Woodie | 3.2119 | 3.2293 | 3.2422 | 3.2596 | 3.2725 | 3.2899 | 3.3028 |
| Fibonacci | 3.2300 | 3.2416 | 3.2488 | 3.2603 | 3.2719 | 3.2791 | 3.2906 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 3.1732 | 3.2099 | 3.2357 | 3.2724 | 3.2982 | 3.3349 | 3.3607 |
| Camarilla | 3.2442 | 3.2499 | 3.2557 | 3.2614 | 3.2671 | 3.2729 | 3.2786 |
| Woodie | 3.1677 | 3.2072 | 3.2302 | 3.2697 | 3.2927 | 3.3322 | 3.3552 |
| Fibonacci | 3.2099 | 3.2338 | 3.2486 | 3.2724 | 3.2963 | 3.3111 | 3.3349 |
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): | 55.50 | |
| MACD (12,26,9): | 0.0006 | |
| Directional Movement: | 12.0922 | |
| AROON (14): | 50.0000 | |
| DEMA (21): | 3.2637 | |
| Parabolic SAR (0,02-0,02-0,2): | 3.2597 | |
| Elder Ray (13): | 0.0011 | |
| Super Trend (3,10): | 3.2593 | |
| Zig ZAG (10): | 3.2646 | |
| VORTEX (21): | 1.0764 | |
| Stochastique (14,3,5): | 64.63 | |
| TEMA (21): | 3.2646 | |
| Williams %R (14): | -29.59 | |
| Chande Momentum Oscillator (20): | 0.0053 | |
| Repulse (5,40,3): | -0.0054 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | 0.0021 | |
| Courbe Coppock: | 0.04 |
| MA7: | 3.2641 | |
| MA20: | 3.2713 | |
| MA50: | 3.2853 | |
| MA100: | 3.2672 | |
| MAexp7: | 3.2639 | |
| MAexp20: | 3.2630 | |
| MAexp50: | 3.2630 | |
| MAexp100: | 3.2636 | |
| Price / MA7: | +0.01% | |
| Price / MA20: | -0.21% | |
| Price / MA50: | -0.64% | |
| Price / MA100: | -0.09% | |
| Price / MAexp7: | +0.02% | |
| Price / MAexp20: | +0.04% | |
| Price / MAexp50: | +0.04% | |
| Price / MAexp100: | +0.02% |
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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