DKK/CZK - 1H - Technical analysis published on 05/30/2024 (GMT)
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- Timeframe : 1H
- - Analysis generated on
- Status : LEVEL MAINTAINED
Analysis too old. There are no more charts available.
Summary of the analysis
Trends
Short term:
Neutral
Underlying:
Bullish
Technical indicators
17%
33%
50%
My opinion
Bullish above 3.3127 CZK
My targets
3.3385 CZK (+0.0229)
3.3698 CZK (+0.0542)
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 3.3127 CZK, traders with an aggressive trading strategy could consider a purchase. A cross of the resistance located at 3.3385 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 3.3698 CZK as an objective. Crossing it would then enable buyers to target 3.3837 CZK. If the support 3.3127 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.
In the very short term, the general bullish sentiment is not called into question, despite technical indicators being indecisive.
Force
0
10
2.7
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Additional analysis
Quotes
The DKK/CZK rating is 3.3156 CZK. The price registered a decrease of -0.02% on the session and was traded between 3.3129 CZK and 3.3236 CZK over the period. The price is currently at +0.08% from its lowest and -0.24% from its highest.3.3129
3.3236
3.3156
A bullish opening was detected by the Central Gaps scanner. Buyers are trying to impose a bullish momentum in the very short term.
Bullish opening
Type : Bullish
Timeframe : Openning
A study of price movements over other periods shows the following variations:
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 HIGH record (1 month)
Type : Bullish
Timeframe : Weekly
Technical
Technical analysis of DKK/CZK in 1H shows an overall bullish trend. 75.00% of the signals given by moving averages are bullish. Caution: the neutral signals currently given by the short-term moving averages indicate that this bullish 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.
On the 18 technical indicators analysed, 3 are bullish, 9 are neutral and 6 are 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 currently notes the presence of this pattern in Japanese candlesticks that could mark the end of the short-term trend currently underway:
Doji
Type : Neutral
Timeframe : 1 hour
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 3.3046 | 3.3127 | 3.3150 | 3.3156 | 3.3188 | 3.3385 | 3.3837 |
| Change (%) | -0.33% | -0.09% | -0.02% | - | +0.10% | +0.69% | +2.05% |
| Change | -0.0110 | -0.0029 | -0.0006 | - | +0.0032 | +0.0229 | +0.0681 |
| Level | Intermediate | Minor | Major | - | Intermediate | Minor | Major |
Attention could also be paid to pivot points to set price objectives:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 3.2937 | 3.2991 | 3.3078 | 3.3132 | 3.3219 | 3.3273 | 3.3360 |
| Camarilla | 3.3125 | 3.3138 | 3.3151 | 3.3164 | 3.3177 | 3.3190 | 3.3203 |
| Woodie | 3.2953 | 3.2999 | 3.3094 | 3.3140 | 3.3235 | 3.3281 | 3.3376 |
| Fibonacci | 3.2991 | 3.3045 | 3.3079 | 3.3132 | 3.3186 | 3.3220 | 3.3273 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 3.2748 | 3.2876 | 3.2947 | 3.3075 | 3.3146 | 3.3274 | 3.3345 |
| Camarilla | 3.2964 | 3.2983 | 3.3001 | 3.3019 | 3.3037 | 3.3056 | 3.3074 |
| Woodie | 3.2721 | 3.2862 | 3.2920 | 3.3061 | 3.3119 | 3.3260 | 3.3318 |
| Fibonacci | 3.2876 | 3.2952 | 3.2999 | 3.3075 | 3.3151 | 3.3198 | 3.3274 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 3.2426 | 3.2843 | 3.3281 | 3.3698 | 3.4136 | 3.4553 | 3.4991 |
| Camarilla | 3.3484 | 3.3562 | 3.3641 | 3.3719 | 3.3797 | 3.3876 | 3.3954 |
| Woodie | 3.2437 | 3.2848 | 3.3292 | 3.3703 | 3.4147 | 3.4558 | 3.5002 |
| Fibonacci | 3.2843 | 3.3170 | 3.3371 | 3.3698 | 3.4025 | 3.4226 | 3.4553 |
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): | 48.10 | |
| MACD (12,26,9): | 0.0008 | |
| Directional Movement: | 2.8741 | |
| AROON (14): | -28.5714 | |
| DEMA (21): | 3.3184 | |
| Parabolic SAR (0,02-0,02-0,2): | 3.3221 | |
| Elder Ray (13): | -0.0013 | |
| Super Trend (3,10): | 3.3144 | |
| Zig ZAG (10): | 3.3159 | |
| VORTEX (21): | 1.0044 | |
| Stochastique (14,3,5): | 28.97 | |
| TEMA (21): | 3.3174 | |
| Williams %R (14): | -71.96 | |
| Chande Momentum Oscillator (20): | -0.0021 | |
| Repulse (5,40,3): | -0.0021 | |
| ROCnROLL: | -1 | |
| TRIX (15,9): | 0.0069 | |
| Courbe Coppock: | 0.01 |
| MA7: | 3.3107 | |
| MA20: | 3.3244 | |
| MA50: | 3.3621 | |
| MA100: | 3.3664 | |
| MAexp7: | 3.3168 | |
| MAexp20: | 3.3170 | |
| MAexp50: | 3.3144 | |
| MAexp100: | 3.3125 | |
| Price / MA7: | +0.15% | |
| Price / MA20: | -0.26% | |
| Price / MA50: | -1.38% | |
| Price / MA100: | -1.51% | |
| Price / MAexp7: | -0.04% | |
| Price / MAexp20: | -0.04% | |
| Price / MAexp50: | +0.04% | |
| 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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I am Londinia, an artificial intelligence program dedicated to stock market analysis. I am able to analyse and interpret graphical and market data. Learn more…
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