DKK/HKD - 1H - Technical analysis published on 12/07/2022 (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:
Strongly bullish
Underlying:
Bullish
Technical indicators
94%
0%
6%
My opinion
Bullish above 1.0990 HKD
My targets
1.1067 HKD (+0.0038)
1.1156 HKD (+0.0127)
My analysis
In the short term, there could be an acceleration of the basic bullish trend on DKK/HKD. This is a positive signal for buyers. As long as the price remains above 1.0990 HKD, a purchase could be considered. The first bullish objective is located at 1.1067 HKD. The bullish momentum would be boosted by a break in this resistance. Buyers would then use the next resistance located at 1.1156 HKD as an objective. Crossing it would then enable buyers to target 1.1365 HKD. In the event of a return below 1.0990 HKD, 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, technical indicators confirm the bullish opinion of this analysis. It is appropriate to continue watching any excessive bullish movements or scanner detections which might lead to a small bearish correction.
Force
0
10
7.5
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Additional analysis
Quotes
The DKK/HKD rating is 1.1029 HKD. The price registered an increase of +0.80% on the session with the lowest point at 1.0934 HKD and the highest point at 1.1036 HKD. The deviation from the price is +0.87% for the low point and -0.06% for the high point.1.0934
1.1036
1.1029
The Central Gaps scanner detects a bullish opening. A small advantage for buyers in the very short term.
Bullish opening
Type : Bullish
Timeframe : Openning
So that you have an overall view of the price change, here is a table showing the variations over several periods:
Near a new LOW record (1 month)
Type : Bearish
Timeframe : Weekly
Technical
Technical analysis of DKK/HKD in 1H shows an overall bullish trend. The signals returned by the moving averages are 75.00% bullish. This bullish trend is reinforced by the strong signals currently being given by short-term moving averages. The Central Indicators scanner detects a bullish signal on moving averages that could impact this trend:
Bullish price crossover with Moving Average 100
Type : Bullish
Timeframe : 1 hour
In fact, 17 technical indicators on 18 studied are currently positioned bullish. Caution: the Central Indicators scanner currently detects an excess:
CCI indicator is overbought : over 100
Type : Neutral
Timeframe : 1 hour
Williams %R indicator is overbought : over -20
Type : Neutral
Timeframe : 1 hour
Pivot points : price is over resistance 1
Type : Neutral
Timeframe : 1 hour
Ichimoku : price is over the cloud
Type : Bullish
Timeframe : 1 hour
The Central Patterns scanner, which studies chart patterns, resistances and supports, has identified these signals:
Near horizontal resistance
Type : Bearish
Timeframe : 1 hour
Near resistance of channel
Type : Bearish
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 | 1.0921 | 1.0949 | 1.0990 | 1.1029 | 1.1030 | 1.1067 | 1.1156 |
| Change (%) | -0.98% | -0.73% | -0.35% | - | +0.01% | +0.34% | +1.15% |
| Change | -0.0108 | -0.0080 | -0.0039 | - | +0.0001 | +0.0038 | +0.0127 |
| Level | Intermediate | Major | Minor | - | Intermediate | Minor | Minor |
Pivot points can also be used to set your price objectives. Here is the price situation in relation to pivot points:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 1.0828 | 1.0879 | 1.0911 | 1.0962 | 1.0994 | 1.1045 | 1.1077 |
| Camarilla | 1.0919 | 1.0927 | 1.0934 | 1.0942 | 1.0950 | 1.0957 | 1.0965 |
| Woodie | 1.0818 | 1.0874 | 1.0901 | 1.0957 | 1.0984 | 1.1040 | 1.1067 |
| Fibonacci | 1.0879 | 1.0911 | 1.0931 | 1.0962 | 1.0994 | 1.1014 | 1.1045 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 1.0632 | 1.0716 | 1.0880 | 1.0964 | 1.1128 | 1.1212 | 1.1376 |
| Camarilla | 1.0975 | 1.0998 | 1.1020 | 1.1043 | 1.1066 | 1.1089 | 1.1111 |
| Woodie | 1.0671 | 1.0736 | 1.0919 | 1.0984 | 1.1167 | 1.1232 | 1.1415 |
| Fibonacci | 1.0716 | 1.0811 | 1.0870 | 1.0964 | 1.1059 | 1.1118 | 1.1212 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.9692 | 0.9978 | 1.0458 | 1.0744 | 1.1224 | 1.1510 | 1.1990 |
| Camarilla | 1.0727 | 1.0798 | 1.0868 | 1.0938 | 1.1008 | 1.1078 | 1.1149 |
| Woodie | 0.9789 | 1.0027 | 1.0555 | 1.0793 | 1.1321 | 1.1559 | 1.2087 |
| Fibonacci | 0.9978 | 1.0271 | 1.0451 | 1.0744 | 1.1037 | 1.1217 | 1.1510 |
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): | 65.70 | |
| MACD (12,26,9): | 0.0006 | |
| Directional Movement: | 14.7557 | |
| AROON (14): | 85.7143 | |
| DEMA (21): | 1.0974 | |
| Parabolic SAR (0,02-0,02-0,2): | 1.0947 | |
| Elder Ray (13): | 0.0025 | |
| Super Trend (3,10): | 1.0937 | |
| Zig ZAG (10): | 1.1016 | |
| VORTEX (21): | 1.0375 | |
| Stochastique (14,3,5): | 87.84 | |
| TEMA (21): | 1.0987 | |
| Williams %R (14): | 0.00 | |
| Chande Momentum Oscillator (20): | 0.0077 | |
| Repulse (5,40,3): | 0.4868 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | -0.0030 | |
| Courbe Coppock: | 0.65 |
| MA7: | 1.0966 | |
| MA20: | 1.0906 | |
| MA50: | 1.0607 | |
| MA100: | 1.0604 | |
| MAexp7: | 1.0985 | |
| MAexp20: | 1.0970 | |
| MAexp50: | 1.0973 | |
| MAexp100: | 1.0970 | |
| Price / MA7: | +0.57% | |
| Price / MA20: | +1.13% | |
| Price / MA50: | +3.98% | |
| Price / MA100: | +4.01% | |
| Price / MAexp7: | +0.40% | |
| Price / MAexp20: | +0.54% | |
| Price / MAexp50: | +0.51% | |
| Price / MAexp100: | +0.54% |
Quotes :
-
Real time data
-
Forex
This member declared not having a position on this financial instrument or a related financial instrument.
About author
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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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