DKK/PLN - Daily - Technical analysis published on 08/01/2022 (GMT)
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- Timeframe : Daily
- - Analysis generated on
- Status : INVALID
Summary of the analysis
Trends
Short term:
Neutral
Underlying:
Bullish
Technical indicators
22%
44%
33%
My opinion
Bullish above 0.6273 PLN
My targets
0.6413 PLN (+0.0050)
0.6495 PLN (+0.0132)
My analysis
Has the basic bullish trend slowed or is it lacking in power? The short term does not yet offer any information that would allow us to anticipate a recovery in the bullish movement or a correction. Sellers' generally have the upper hand, even if a small correction (not tradeable) on the support located at 0.6273 PLN remains possible. It is advisable to trade DKK/PLN with the greatest caution, while favouring long positions (at the time of purchase) as long as the price remains well above 0.6273 PLN. The next bullish objective for buyers is set at 0.6413 PLN. A bullish break in this resistance would boost the bullish momentum. The buyers could then target the resistance located at 0.6495 PLN. If there is any crossing, the next objective would be the resistance located at 0.6589 PLN. PS: if there is a bearish break in the support located at 0.6273 PLN we suggest that you produce a new automated technical analysis. In fact, conditions should have changed. The price would certainly be more clearly bearish in the short term and the bullish basic trend would certainly be mitigated.
Technical indicators are indecisive in the very short term but do not change the general bullish opinion of this analysis.
Force
0
10
1.4
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:
Additional analysis
Quotes
The DKK/PLN price is 0.6363 PLN. The price is lower by -0.03% since the last closing with the lowest point at 0.6358 PLN and the highest point at 0.6384 PLN. The deviation from the price is +0.08% for the low point and -0.33% for the high point.0.6358
0.6384
0.6363
The Central Gaps scanner detects a bullish opening marking the presence of buyers ahead of sellers at the opening but not sufficiently marked to allow the price to register a quotation gap.
Bullish opening
Type : Bullish
Timeframe : Openning
A study of price movements over other periods shows the following variations:
Near a new HIGH record (1 month)
Type : Bullish
Timeframe : Weekly
Technical
Technical analysis of DKK/PLN in Daily shows an overall bullish trend. 64.29% of the signals given by moving averages are bullish. Caution: the neutral signals currently given by the short-term moving averages indicate that this bullish trend is showing signs of running out of steam. The Central Indicators market scanner is currently detecting a bearish signal that could impact this trend:
Bearish trend reversal : adaptative moving average 20
Type : Bearish
Timeframe : Daily
In fact, of the 18 technical indicators analysed by Central Analyzer, 4 are bullish, 6 are neutral and 8 are bearish. No additional result has been identified by Central Indicators, the scanner specialised in technical indicators.
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
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 0.6170 | 0.6273 | 0.6339 | 0.6363 | 0.6413 | 0.6495 | 0.6589 |
| Change (%) | -3.03% | -1.41% | -0.38% | - | +0.79% | +2.07% | +3.55% |
| Change | -0.0193 | -0.0090 | -0.0024 | - | +0.0050 | +0.0132 | +0.0226 |
| Level | Major | Minor | Major | - | Intermediate | Intermediate | Intermediate |
Attention could also be paid to pivot points to set price objectives:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.6276 | 0.6310 | 0.6337 | 0.6371 | 0.6398 | 0.6432 | 0.6459 |
| Camarilla | 0.6348 | 0.6354 | 0.6359 | 0.6365 | 0.6371 | 0.6376 | 0.6382 |
| Woodie | 0.6274 | 0.6308 | 0.6335 | 0.6369 | 0.6396 | 0.6430 | 0.6457 |
| Fibonacci | 0.6310 | 0.6333 | 0.6347 | 0.6371 | 0.6394 | 0.6408 | 0.6432 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.6130 | 0.6215 | 0.6290 | 0.6375 | 0.6450 | 0.6535 | 0.6610 |
| Camarilla | 0.6321 | 0.6336 | 0.6350 | 0.6365 | 0.6380 | 0.6394 | 0.6409 |
| Woodie | 0.6125 | 0.6213 | 0.6285 | 0.6373 | 0.6445 | 0.6533 | 0.6605 |
| Fibonacci | 0.6215 | 0.6276 | 0.6314 | 0.6375 | 0.6436 | 0.6474 | 0.6535 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.6039 | 0.6166 | 0.6266 | 0.6393 | 0.6493 | 0.6620 | 0.6720 |
| Camarilla | 0.6303 | 0.6323 | 0.6344 | 0.6365 | 0.6386 | 0.6407 | 0.6427 |
| Woodie | 0.6025 | 0.6159 | 0.6252 | 0.6386 | 0.6479 | 0.6613 | 0.6706 |
| Fibonacci | 0.6166 | 0.6253 | 0.6307 | 0.6393 | 0.6480 | 0.6534 | 0.6620 |
Numerical data
The following are the details of the technical indicators and moving averages that were collected to generate this technical analysis:
Technical indicators
Moving averages
| RSI (14): | 48.47 | |
| MACD (12,26,9): | 0.0015 | |
| Directional Movement: | -1.1156 | |
| AROON (14): | -64.2857 | |
| DEMA (21): | 0.6410 | |
| Parabolic SAR (0,02-0,02-0,2): | 0.6453 | |
| Elder Ray (13): | -0.0018 | |
| Super Trend (3,10): | 0.6303 | |
| Zig ZAG (10): | 0.6363 | |
| VORTEX (21): | 1.0477 | |
| Stochastique (14,3,5): | 34.40 | |
| TEMA (21): | 0.6396 | |
| Williams %R (14): | -70.56 | |
| Chande Momentum Oscillator (20): | -0.0111 | |
| Repulse (5,40,3): | -0.6238 | |
| ROCnROLL: | -1 | |
| TRIX (15,9): | 0.0675 | |
| Courbe Coppock: | 1.43 |
| MA7: | 0.6380 | |
| MA20: | 0.6411 | |
| MA50: | 0.6306 | |
| MA100: | 0.6290 | |
| MAexp7: | 0.6384 | |
| MAexp20: | 0.6383 | |
| MAexp50: | 0.6340 | |
| MAexp100: | 0.6300 | |
| Price / MA7: | -0.27% | |
| Price / MA20: | -0.75% | |
| Price / MA50: | +0.90% | |
| Price / MA100: | +1.16% | |
| Price / MAexp7: | -0.33% | |
| Price / MAexp20: | -0.31% | |
| Price / MAexp50: | +0.36% | |
| Price / MAexp100: | +1.00% |
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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