DKK/CZK
DKK CZK
- CZK (-)
- Real time data - Forex
Open: -
Change: -
Volume: -
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High / Low range: -
Type: Forex
Ticker: DKKCZK
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DKK/CZK - 1H - Technical analysis published on 08/15/2024 (GMT)

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  • 08/15/2024 - 00:35
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  • Timeframe : 1H
  • - Analysis generated on 08/15/2024 - 00:35
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Summary of the analysis

Trends
Short term: Strongly bearish
Underlying: Strongly bearish
Technical indicators
33%
50%
17%
My opinion
Bearish under 3.3747 CZK
My targets
3.3496 CZK (-0.0203)
3.3150 CZK (-0.0549)
My analysis
All elements being clearly bearish, it would be possible for traders to trade only short positions (for sale) on DKK/CZK as long as the price remains well below 3.3747 CZK. The sellers' bearish objective is set at 3.3496 CZK. A bearish break of this support would revive the bearish momentum. The sellers could then target the support located at 3.3150 CZK. In case of crossing, the next objective would be the support located at 3.2913 CZK. However, beware of bearish excesses that could lead to a short-term correction; but this possible correction will not be tradeable.

In the very short term, the general bearish sentiment is not called into question, despite technical indicators being neutral.
Force
0
10
6.6

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 3.3699 CZK. The price has increased by +0.00% since the last closing with the lowest point at 3.3688 CZK and the highest point at 3.3705 CZK. The deviation from the price is +0.03% for the low point and -0.02% for the high point.

3.3688
3.3705
3.3699

A bearish opening was detected by the Central Gaps scanner. Sellers are trying to impose a bearish trend in the very short term.

Central Gaps

Bearish opening

Type : Bearish

Timeframe : Openning



A study of price movements over other periods shows the following variations:
Created with Raphaël 2.3.0-20246January 1st3 years1 year6 months1 month5 daysToday
The study of the highest / lowest by the Central Records scanner shows the following results:

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 HIGH record (1 month)

Type : Bullish

Timeframe : Weekly



Technical


Technical analysis of this 1H chart of DKK/CZK indicates that the overall trend is strongly bearish. 92.86% of the signals given by moving averages are bearish. The overall trend is supported by the strong bearish signals from short-term moving averages. The Central Indicators scanner does not detect any result on moving averages that would impact this trend.

On the 18 technical indicators analysed, 6 are bullish, 3 are neutral and 9 are bearish. The Central Indicators scanner found this result concerning these indicators:

Central Indicators

Pivot points : price is under support 1

Type : Neutral

Timeframe : Weekly



The analysis of the price chart with Central Patterns scanners does not return any result.

The Central Candlesticks scanner, specialised in Japanese candlesticks, did not identify any signals.


ProTrendLines
S3
S2
S1
R1
R2
R3
Price


S3S2S1PriceR1R2R3
ProTrendLines 3.2913 3.3150 3.3682 3.3699 3.3714 3.3747 3.3831
Change (%) -2.33% -1.63% -0.05% - +0.04% +0.14% +0.39%
Change -0.0786 -0.0549 -0.0017 - +0.0015 +0.0048 +0.0132
Level Major Major Minor - Intermediate Intermediate Intermediate



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
Standard3.35453.36063.36533.37143.37613.38223.3869
Camarilla3.36703.36803.36903.37003.37103.37203.3730
Woodie3.35383.36033.36463.37113.37543.38193.3862
Fibonacci3.36063.36473.36733.37143.37553.37813.3822


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard3.34963.36383.37343.38763.39723.41143.4210
Camarilla3.37643.37853.38073.38293.38513.38733.3895
Woodie3.34723.36273.37103.38653.39483.41033.4186
Fibonacci3.36383.37293.37853.38763.39673.40233.4114


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard3.30123.32493.36593.38963.43063.45433.4953
Camarilla3.38913.39503.40103.40693.41283.41883.4247
Woodie3.30993.32923.37463.39393.43933.45863.5040
Fibonacci3.32493.34963.36493.38963.41433.42963.4543

Numerical data


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

Technical indicators
Created with Raphaël 2.3.0Sell9
Moving averages
Created with Raphaël 2.3.0Sell26

RSI (14): 39.91
MACD (12,26,9): -0.0014
Directional Movement: -12.8415
AROON (14): -14.2857
DEMA (21): 3.3696
Parabolic SAR (0,02-0,02-0,2): 3.3739
Elder Ray (13): -0.0010
Super Trend (3,10): 3.3770
Zig ZAG (10): 3.3694
VORTEX (21): 0.8917
Stochastique (14,3,5): 28.40
TEMA (21): 3.3690
Williams %R (14): -69.44
Chande Momentum Oscillator (20): -0.0056
Repulse (5,40,3): 0.0188
ROCnROLL: 2
TRIX (15,9): -0.0057
Courbe Coppock: 0.26
MA7: 3.3775
MA20: 3.3900
MA50: 3.3686
MA100: 3.3609
MAexp7: 3.3701
MAexp20: 3.3715
MAexp50: 3.3737
MAexp100: 3.3769
Price / MA7: -0.23%
Price / MA20: -0.59%
Price / MA50: +0.04%
Price / MA100: +0.27%
Price / MAexp7: +0.00%
Price / MAexp20: -0.04%
Price / MAexp50: -0.11%
Price / MAexp100: -0.20%

Quotes : 08/15/2024 - 00:35 - Real time data - Forex

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

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