DKK/CZK - 1H - Technical analysis published on 11/01/2024 (GMT)
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- Timeframe : 1H
- - Analysis generated on
- Status : LEVEL MAINTAINED
Summary of the analysis
Trends
Short term:
Strongly bearish
Underlying:
Bearish
Technical indicators
33%
33%
33%
My opinion
Bearish under 3.3997 CZK
My targets
3.3822 CZK (-0.0120)
3.3747 CZK (-0.0195)
My analysis
DKK/CZK is part of a very strong bearish trend. Traders may consider trading only short positions (for sale) as long as the price remains well below 3.3997 CZK. The next support located at 3.3822 CZK is the next bearish objective to target. A bearish break of this support would revive the bearish momentum. The bearish movement could then continue towards the next support located at 3.3747 CZK. Below this support, sellers could then target 3.3522 CZK.
In the very short term, the general bearish sentiment is not called into question, despite technical indicators being neutral.
Force
0
10
4.3
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This analysis was given by Londinia. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
DKK/CZK rating 3.3942 CZK. On the day, this instrument lost -0.01% and was traded between 3.3935 CZK and 3.3949 CZK over the period. The price is currently at +0.02% from its lowest and -0.02% from its highest.3.3935
3.3949
3.3942
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 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 bearish. The signals given by moving averages are 75.00% bearish. This bearish trend is reinforced by the strong signals currently being given by short-term moving averages. The Central Indicators scanner does not detect any result on moving averages that would impact this trend.
The technical indicators are generally neutral. They do not provide relevant information on the direction of future price movements.
No additional result has been identified by Central Indicators, the scanner specialised in technical indicators.
Central Patterns, the market scanner focusing on chart patterns, resistances and supports found this result:
Near support of triangle
Type : Bullish
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 | 3.3797 | 3.3822 | 3.3922 | 3.3942 | 3.3947 | 3.3997 | 3.4033 |
| Change (%) | -0.43% | -0.35% | -0.06% | - | +0.01% | +0.16% | +0.27% |
| Change | -0.0145 | -0.0120 | -0.0020 | - | +0.0005 | +0.0055 | +0.0091 |
| Level | Minor | Minor | Major | - | Minor | 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 | 3.3760 | 3.3841 | 3.3892 | 3.3973 | 3.4024 | 3.4105 | 3.4156 |
| Camarilla | 3.3908 | 3.3920 | 3.3932 | 3.3944 | 3.3956 | 3.3968 | 3.3980 |
| Woodie | 3.3746 | 3.3834 | 3.3878 | 3.3966 | 3.4010 | 3.4098 | 3.4142 |
| Fibonacci | 3.3841 | 3.3891 | 3.3922 | 3.3973 | 3.4023 | 3.4054 | 3.4105 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 3.3630 | 3.3691 | 3.3790 | 3.3851 | 3.3950 | 3.4011 | 3.4110 |
| Camarilla | 3.3844 | 3.3859 | 3.3873 | 3.3888 | 3.3903 | 3.3917 | 3.3932 |
| Woodie | 3.3648 | 3.3701 | 3.3808 | 3.3861 | 3.3968 | 3.4021 | 3.4128 |
| Fibonacci | 3.3691 | 3.3753 | 3.3790 | 3.3851 | 3.3913 | 3.3950 | 3.4011 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 3.3379 | 3.3541 | 3.3743 | 3.3905 | 3.4107 | 3.4269 | 3.4471 |
| Camarilla | 3.3844 | 3.3877 | 3.3911 | 3.3944 | 3.3977 | 3.4011 | 3.4044 |
| Woodie | 3.3398 | 3.3551 | 3.3762 | 3.3915 | 3.4126 | 3.4279 | 3.4490 |
| Fibonacci | 3.3541 | 3.3680 | 3.3766 | 3.3905 | 3.4044 | 3.4130 | 3.4269 |
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
Moving averages
| RSI (14): | 37.25 | |
| MACD (12,26,9): | -0.0015 | |
| Directional Movement: | -6.2844 | |
| AROON (14): | 0 | |
| DEMA (21): | 3.3936 | |
| Parabolic SAR (0,02-0,02-0,2): | 3.3949 | |
| Elder Ray (13): | -0.0006 | |
| Super Trend (3,10): | 3.3991 | |
| Zig ZAG (10): | 3.3943 | |
| VORTEX (21): | 0.9251 | |
| Stochastique (14,3,5): | 47.05 | |
| TEMA (21): | 3.3931 | |
| Williams %R (14): | -47.62 | |
| Chande Momentum Oscillator (20): | -0.0008 | |
| Repulse (5,40,3): | -0.0009 | |
| ROCnROLL: | 2 | |
| TRIX (15,9): | -0.0072 | |
| Courbe Coppock: | 0.10 |
| MA7: | 3.3940 | |
| MA20: | 3.3911 | |
| MA50: | 3.3769 | |
| MA100: | 3.3763 | |
| MAexp7: | 3.3944 | |
| MAexp20: | 3.3956 | |
| MAexp50: | 3.3973 | |
| MAexp100: | 3.3964 | |
| Price / MA7: | +0.01% | |
| Price / MA20: | +0.09% | |
| Price / MA50: | +0.51% | |
| Price / MA100: | +0.53% | |
| Price / MAexp7: | -0.01% | |
| Price / MAexp20: | -0.04% | |
| Price / MAexp50: | -0.09% | |
| Price / MAexp100: | -0.06% |
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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