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 05/30/2024 (GMT)

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  • Timeframe : 1H
  • - Analysis generated on
  • Status : LEVEL MAINTAINED

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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

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 3.3156 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.

Central Gaps

Bullish opening

Type : Bullish

Timeframe : Openning



A study of price movements over other periods shows the following variations:
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 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:

Central 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:

Central Candlesticks

Doji

Type : Neutral

Timeframe : 1 hour




ProTrendLines
S3
S2
S1
R1
R2
R3
Price


S3S2S1PriceR1R2R3
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
Standard3.29373.29913.30783.31323.32193.32733.3360
Camarilla3.31253.31383.31513.31643.31773.31903.3203
Woodie3.29533.29993.30943.31403.32353.32813.3376
Fibonacci3.29913.30453.30793.31323.31863.32203.3273


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard3.27483.28763.29473.30753.31463.32743.3345
Camarilla3.29643.29833.30013.30193.30373.30563.3074
Woodie3.27213.28623.29203.30613.31193.32603.3318
Fibonacci3.28763.29523.29993.30753.31513.31983.3274


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard3.24263.28433.32813.36983.41363.45533.4991
Camarilla3.34843.35623.36413.37193.37973.38763.3954
Woodie3.24373.28483.32923.37033.41473.45583.5002
Fibonacci3.28433.31703.33713.36983.40253.42263.4553

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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