DKK/HKD - 1H - Technical analysis published on 02/28/2024 (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:
Bullish
Underlying:
Bullish
Technical indicators
72%
0%
28%
My opinion
Bullish above 1.1349 HKD
My targets
1.1401 HKD (+0.0022)
1.1424 HKD (+0.0045)
My analysis
A bullish trend on DKK/HKD both in substance and in the short term. A purchase could be considered as long as the price remains above 1.1349 HKD. Each resistance break is a strong signal that the current trend will continue. The first bullish objective would be 1.1401 HKD. Then the price could move towards 1.1424 HKD. Then 1.1508 HKD by extension. Be careful, a return below 1.1349 HKD would be a sign of the trend weakening and a possible correction phase could then occur. In this case, you could keep away while waiting for a signal that the basic trend will resume. Trading against the trend could be riskier.
In the very short term, the general bullish sentiment is confirmed by technical indicators. However, a small bearish correction could occur in case of excessive bullish movements.
Force
0
10
4.8
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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/HKD rating 1.1379 HKD. On the day, this instrument lost -0.01% with the lowest point at 1.1337 HKD and the highest point at 1.1390 HKD. The deviation from the price is +0.37% for the low point and -0.10% for the high point.1.1337
1.1390
1.1379
Here is a more detailed summary of the historical variations registered by DKK/HKD:
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 LOW record (1 month)
Type : Bearish
Timeframe : Weekly
Technical
Technical analysis of DKK/HKD in 1H shows an overall bullish trend. 64.29% of the signals given by moving averages are bullish. This bullish trend shows slight signs of slowing down given the slightly bullish signals given by the short-term moving averages. There is no crossing of moving average by the price or crossing of moving averages between themselves.
The probability of a further increase is high given the direction of the technical indicators.
Caution: the Central Indicators scanner currently detects an excess:
Williams %R indicator is overbought : over -20
Type : Neutral
Timeframe : 1 hour
Price is back over the pivot point
Type : Bullish
Timeframe : Weekly
The Central Patterns scanner, which studies chart patterns, resistances and supports, has identified these signals:
Near horizontal support
Type : Bullish
Timeframe : 1 hour
Support of channel is broken
Type : Bearish
Timeframe : 1 hour
No result was found by the Central Candlesticks scanner on Japanese candlesticks.
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 1.1291 | 1.1313 | 1.1349 | 1.1379 | 1.1401 | 1.1424 | 1.1508 |
| Change (%) | -0.77% | -0.58% | -0.26% | - | +0.19% | +0.40% | +1.13% |
| Change | -0.0088 | -0.0066 | -0.0030 | - | +0.0022 | +0.0045 | +0.0129 |
| Level | Minor | Intermediate | Intermediate | - | Intermediate | Intermediate | Intermediate |
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 | 1.1333 | 1.1353 | 1.1366 | 1.1386 | 1.1399 | 1.1419 | 1.1432 |
| Camarilla | 1.1371 | 1.1374 | 1.1377 | 1.1380 | 1.1383 | 1.1386 | 1.1389 |
| Woodie | 1.1331 | 1.1351 | 1.1364 | 1.1384 | 1.1397 | 1.1417 | 1.1430 |
| Fibonacci | 1.1353 | 1.1365 | 1.1373 | 1.1386 | 1.1398 | 1.1406 | 1.1419 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 1.1158 | 1.1225 | 1.1291 | 1.1358 | 1.1424 | 1.1491 | 1.1557 |
| Camarilla | 1.1321 | 1.1334 | 1.1346 | 1.1358 | 1.1370 | 1.1382 | 1.1395 |
| Woodie | 1.1159 | 1.1225 | 1.1292 | 1.1358 | 1.1425 | 1.1491 | 1.1558 |
| Fibonacci | 1.1225 | 1.1276 | 1.1307 | 1.1358 | 1.1409 | 1.1440 | 1.1491 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 1.0980 | 1.1148 | 1.1239 | 1.1407 | 1.1498 | 1.1666 | 1.1757 |
| Camarilla | 1.1258 | 1.1282 | 1.1305 | 1.1329 | 1.1353 | 1.1377 | 1.1400 |
| Woodie | 1.0941 | 1.1129 | 1.1200 | 1.1388 | 1.1459 | 1.1647 | 1.1718 |
| Fibonacci | 1.1148 | 1.1247 | 1.1308 | 1.1407 | 1.1506 | 1.1567 | 1.1666 |
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): | 54.16 | |
| MACD (12,26,9): | 0.0000 | |
| Directional Movement: | 4.6834 | |
| AROON (14): | 57.1429 | |
| DEMA (21): | 1.1371 | |
| Parabolic SAR (0,02-0,02-0,2): | 1.1358 | |
| Elder Ray (13): | 0.0006 | |
| Super Trend (3,10): | 1.1347 | |
| Zig ZAG (10): | 1.1380 | |
| VORTEX (21): | 0.9772 | |
| Stochastique (14,3,5): | 81.13 | |
| TEMA (21): | 1.1373 | |
| Williams %R (14): | -18.87 | |
| Chande Momentum Oscillator (20): | 0.0017 | |
| Repulse (5,40,3): | 0.0551 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | -0.0052 | |
| Courbe Coppock: | 0.08 |
| MA7: | 1.1366 | |
| MA20: | 1.1323 | |
| MA50: | 1.1405 | |
| MA100: | 1.1331 | |
| MAexp7: | 1.1376 | |
| MAexp20: | 1.1373 | |
| MAexp50: | 1.1375 | |
| MAexp100: | 1.1369 | |
| Price / MA7: | +0.11% | |
| Price / MA20: | +0.49% | |
| Price / MA50: | -0.23% | |
| Price / MA100: | +0.42% | |
| Price / MAexp7: | +0.03% | |
| Price / MAexp20: | +0.05% | |
| 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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