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

DKK/CZK - 1H - Technical analysis published on 01/31/2024 (GMT)

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  • Timeframe : 1H
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Summary of the analysis

Trends
Short term: Strongly bullish
Underlying: Bullish
Technical indicators
89%
0%
11%
My opinion
Bullish above 3.3291 CZK
My targets
3.3385 CZK (+0.0044)
3.3419 CZK (+0.0078)
My analysis
In the short term, there could be an acceleration of the basic bullish trend on DKK/CZK. This is a positive signal for buyers. As long as the price remains above 3.3291 CZK, a purchase could be considered. The first bullish objective is located at 3.3385 CZK. The bullish momentum would be boosted by a break in this resistance. Buyers would then use the next resistance located at 3.3419 CZK as an objective. Crossing it would then enable buyers to target 3.3837 CZK. In the event of a return below 3.3291 CZK, the price would probably only initiate a small short-term correction to improve the bullish trend. Trading this correction may be risky.

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
7.5

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.

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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 3.3341 CZK. The price registered an increase of +0.29% on the session with the lowest point at 3.3197 CZK and the highest point at 3.3353 CZK. The deviation from the price is +0.43% for the low point and -0.04% for the high point.

3.3197
3.3353
3.3341

The Central Gaps scanner detects a bullish opening. A small advantage for buyers in the very short term.

Central Gaps

Bullish opening

Type : Bullish

Timeframe : Openning



Here is a more detailed summary of the historical variations registered by DKK/CZK:
The Central Records scanner, which identifies the highest / lowest, has detected several elements:

Central Records

Near a new HIGH record (1 year)

Type : Bullish

Timeframe : Weekly


Near a new LOW record (1st january)

Type : Bearish

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. 78.57% of the signals given by moving averages are bullish. The overall trend is reinforced by the strong bullish signals from short-term moving averages. An assessment of moving averages reveals several bullish signals that could impact this trend:

Central Indicators

Bullish trend reversal : Moving Average 20

Type : Bullish

Timeframe : 1 hour


Bullish trend reversal : Moving Average 100

Type : Bullish

Timeframe : 1 hour


Bullish trend reversal : adaptative moving average 20

Type : Bullish

Timeframe : 1 hour


Bullish trend reversal : adaptative moving average 50

Type : Bullish

Timeframe : 1 hour


Bullish trend reversal : adaptative moving average 100

Type : Bullish

Timeframe : 1 hour



Technical indicators are strongly bullish, suggesting that the price increase should continue.
Caution: the Central Indicators scanner currently detects an excess:

Central Indicators

CCI indicator is overbought : over 100

Type : Neutral

Timeframe : 1 hour


Previous candle closed over Bollinger bands

Type : Neutral

Timeframe : 1 hour


Williams %R indicator is overbought : over -20

Type : Neutral

Timeframe : 1 hour

Other results related to technical indicators were also found by the Central Indicators scanner:

Central Indicators

MACD indicator is back over 0

Type : Bullish

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

Horizontal resistance is broken

Type : Bullish

Timeframe : 1 hour


Resistance of channel is broken

Type : Bullish

Timeframe : 1 hour


Resistance of triangle is broken

Type : Bullish

Timeframe : 1 hour



The Central Candlesticks scanner which studies Japanese candlesticks did not detect anything.


ProTrendLines
S3
S2
S1
R1
R2
R3
Price


S3S2S1PriceR1R2R3
ProTrendLines 3.3243 3.3291 3.3327 3.3341 3.3385 3.3419 3.3837
Change (%) -0.29% -0.15% -0.04% - +0.13% +0.23% +1.49%
Change -0.0098 -0.0050 -0.0014 - +0.0044 +0.0078 +0.0496
Level Minor Intermediate Minor - Major Intermediate Minor



Attention could also be paid to pivot points to set price objectives:

Daily
Pivot points S3 S2 S1 PP R1 R2 R3
Standard3.29593.30783.31613.32803.33633.34823.3565
Camarilla3.31893.32073.32263.32443.32633.32813.3300
Woodie3.29413.30693.31433.32713.33453.34733.3547
Fibonacci3.30783.31553.32033.32803.33573.34053.3482


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard3.28753.30153.31393.32793.34033.35433.3667
Camarilla3.31903.32153.32393.32633.32873.33113.3336
Woodie3.28673.30113.31313.32753.33953.35393.3659
Fibonacci3.30153.31163.31783.32793.33803.34423.3543


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard3.00273.06943.19163.25833.38053.44723.5694
Camarilla3.26203.27933.29663.31393.33123.34853.3659
Woodie3.03063.08333.21953.27223.40843.46113.5973
Fibonacci3.06943.14153.18613.25833.33043.37503.4472

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): 65.03
MACD (12,26,9): 0.0003
Directional Movement: 22.5695
AROON (14): 7.1428
DEMA (21): 3.3256
Parabolic SAR (0,02-0,02-0,2): 3.3197
Elder Ray (13): 0.0071
Super Trend (3,10): 3.3211
Zig ZAG (10): 3.3342
VORTEX (21): 1.0569
Stochastique (14,3,5): 73.06
TEMA (21): 3.3269
Williams %R (14): -5.13
Chande Momentum Oscillator (20): 0.0100
Repulse (5,40,3): 0.3002
ROCnROLL: 1
TRIX (15,9): -0.0052
Courbe Coppock: 0.23
MA7: 3.3296
MA20: 3.3167
MA50: 3.2956
MA100: 3.2919
MAexp7: 3.3277
MAexp20: 3.3258
MAexp50: 3.3261
MAexp100: 3.3259
Price / MA7: +0.14%
Price / MA20: +0.52%
Price / MA50: +1.17%
Price / MA100: +1.28%
Price / MAexp7: +0.19%
Price / MAexp20: +0.25%
Price / MAexp50: +0.24%
Price / MAexp100: +0.25%

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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