DKK/PLN - 1H - Technical analysis published on 07/14/2022 (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:
Bullish
Underlying:
Strongly bullish
Technical indicators
39%
11%
50%
My opinion
Bullish above 0.6463 PLN
My targets
0.6521 PLN (+0.0027)
0.6589 PLN (+0.0095)
My analysis
All elements being clearly bullish, it would be possible for traders to trade only long positions (at the time of purchase) on DKK/PLN as long as the price remains well above 0.6463 PLN. The buyers' bullish objective is set at 0.6521 PLN. A bullish break in this resistance would boost the bullish momentum. The buyers could then target the resistance located at 0.6589 PLN. If there is any crossing, the next objective would be the resistance located at 0.6691 PLN. Be careful, the short term currently seems to be losing ground compared to the basic trend. Longer time units should be analysed to identify possible overbought items that could be a sign of a possible short-term correction.
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
5.5
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This analysis was given by Londinia. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
The DKK/PLN price is 0.6494 PLN. On the day, this instrument lost -0.02% with the lowest point at 0.6486 PLN and the highest point at 0.6498 PLN. The deviation from the price is +0.12% for the low point and -0.06% for the high point.0.6486
0.6498
0.6494
A study of price movements over other periods shows the following variations:
Near a new HIGH record (5 years)
Type : Bullish
Timeframe : Weekly
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
A technical analysis in 1H of this DKK/PLN chart shows a strongly bullish trend. 85.71% of the signals given by moving averages are bullish. The slightly bullish signals given by the short-term moving averages indicate this trend is showing signs of running out of steam. An assessment of moving averages reveals a bearish signal that could impact this trend:
Bearish price crossover with Moving Average 20
Type : Bearish
Timeframe : 1 hour
In fact, only 7 technical indicators out of 18 studied are currently positioned bullish. The Central Indicators scanner found no further results concerning independent technical indicators.
Central Patterns, the scanner specializing in chart patterns, did not identify any signals.
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 | 0.6339 | 0.6391 | 0.6463 | 0.6494 | 0.6521 | 0.6589 | 0.6691 |
| Change (%) | -2.39% | -1.59% | -0.48% | - | +0.42% | +1.46% | +3.03% |
| Change | -0.0155 | -0.0103 | -0.0031 | - | +0.0027 | +0.0095 | +0.0197 |
| Level | Major | Intermediate | Major | - | Intermediate | Intermediate | Major |
Attention could also be paid to pivot points to set price objectives:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.6418 | 0.6441 | 0.6468 | 0.6491 | 0.6518 | 0.6541 | 0.6568 |
| Camarilla | 0.6481 | 0.6486 | 0.6490 | 0.6495 | 0.6500 | 0.6504 | 0.6509 |
| Woodie | 0.6420 | 0.6442 | 0.6470 | 0.6492 | 0.6520 | 0.6542 | 0.6570 |
| Fibonacci | 0.6441 | 0.6460 | 0.6472 | 0.6491 | 0.6510 | 0.6522 | 0.6541 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.6141 | 0.6218 | 0.6315 | 0.6392 | 0.6489 | 0.6566 | 0.6663 |
| Camarilla | 0.6363 | 0.6379 | 0.6395 | 0.6411 | 0.6427 | 0.6443 | 0.6459 |
| Woodie | 0.6150 | 0.6223 | 0.6324 | 0.6397 | 0.6498 | 0.6571 | 0.6672 |
| Fibonacci | 0.6218 | 0.6285 | 0.6326 | 0.6392 | 0.6459 | 0.6500 | 0.6566 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.5932 | 0.6033 | 0.6177 | 0.6278 | 0.6422 | 0.6523 | 0.6667 |
| Camarilla | 0.6254 | 0.6276 | 0.6299 | 0.6321 | 0.6344 | 0.6366 | 0.6388 |
| Woodie | 0.5954 | 0.6044 | 0.6199 | 0.6289 | 0.6444 | 0.6534 | 0.6689 |
| Fibonacci | 0.6033 | 0.6127 | 0.6184 | 0.6278 | 0.6372 | 0.6429 | 0.6523 |
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): | 50.17 | |
| MACD (12,26,9): | 0.0003 | |
| Directional Movement: | 4.3021 | |
| AROON (14): | -7.1429 | |
| DEMA (21): | 0.6491 | |
| Parabolic SAR (0,02-0,02-0,2): | 0.6486 | |
| Elder Ray (13): | 0 | |
| Super Trend (3,10): | 0.6463 | |
| Zig ZAG (10): | 0.6487 | |
| VORTEX (21): | 1.0387 | |
| Stochastique (14,3,5): | 53.27 | |
| TEMA (21): | 0.6490 | |
| Williams %R (14): | -50.00 | |
| Chande Momentum Oscillator (20): | 0.0003 | |
| Repulse (5,40,3): | -0.1216 | |
| ROCnROLL: | -1 | |
| TRIX (15,9): | 0.0071 | |
| Courbe Coppock: | 0.06 |
| MA7: | 0.6451 | |
| MA20: | 0.6355 | |
| MA50: | 0.6277 | |
| MA100: | 0.6295 | |
| MAexp7: | 0.6489 | |
| MAexp20: | 0.6487 | |
| MAexp50: | 0.6479 | |
| MAexp100: | 0.6460 | |
| Price / MA7: | +0.67% | |
| Price / MA20: | +2.19% | |
| Price / MA50: | +3.46% | |
| Price / MA100: | +3.16% | |
| Price / MAexp7: | +0.08% | |
| Price / MAexp20: | +0.11% | |
| Price / MAexp50: | +0.23% | |
| Price / MAexp100: | +0.53% |
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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