DKK/PLN

- PLN (-)

- Real time data - Forex

Open:	-
Change:	-
Volume:	-

Low:	-
High:	-
High / Low range:	-

Type:	Forex
Ticker:	DKKPLN
ISIN:

DKK/PLN - Daily - Technical analysis published on 08/22/2022 (GMT)

Londinia

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Timeframe : Daily
- Analysis generated on
Status : INVALID

Summary of the analysis

Trends

Short term: Strongly bullish

Underlying: Strongly bullish

Technical indicators

72%

22%

My opinion

Bullish above 0.6350 PLN

My targets

0.6429 PLN (+0.0040)

0.6495 PLN (+0.0106)

My analysis

The bullish trend is currently very strong on DKK/PLN. As long as the price remains above the support at 0.6350 PLN, you could try to benefit from the boom. The first bullish objective is located at 0.6429 PLN. The bullish momentum would be boosted by a break in this resistance. Buyers would then use the next resistance located at 0.6495 PLN as an objective. Crossing it would then enable buyers to target 0.6691 PLN. Be careful, given the powerful bullish rally underway, excesses could lead to a possible correction in the short term. If this is the case, remember that trading against the trend may be riskier. It would seem more appropriate to wait for a signal indicating reversal of the trend.

Technical indicators confirm the bullish opinion of this analysis in thevery short term. However, be careful of excessive bullish movements. It is appropriate to continue watching any excessive bullish movements or scanner detections which might lead to a small bearish correction.

Force

7.9

Comment on the analysis

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 0.6389 PLN. The price registered a decrease of -0.02% on the session and was traded between 0.6377 PLN and 0.6392 PLN over the period. The price is currently at +0.19% from its lowest and -0.05% from its highest.

0.6377

0.6392

0.6389

The Central Gaps scanner detects a bearish opening. A small advantage for sellers in the very short term.

Bearish opening

Type : Bearish

Timeframe : Openning

So that you have an overall view of the price change, here is a table showing the variations over several periods:

The Central Records scanner for higher/lower results shows an item:

Near a new LOW record (1 month)

Type : Bearish

Timeframe : Weekly

Technical

Technical analysis of DKK/PLN in Daily shows a strongly overall bullish trend. 89.29% of the signals given by moving averages are bullish. The overall trend is supported by the strong bullish signals from short-term moving averages. The Central Indicators market scanner is currently detecting a bullish signal that could impact this trend:

Bullish trend reversal : Moving Average 20

Type : Bullish

Timeframe : Daily

Technical indicators are strongly bullish, suggesting that the price increase should continue.
Caution: the Central Indicators scanner currently detects an excess:

Williams %R indicator is overbought : over -20

Type : Neutral

Timeframe : Daily

No additional result has been identified by Central Indicators, the scanner specialised in technical indicators.

An analysis of the price chart with the Central Patterns scanner (detector of chart patterns and resistances and supports) shows several results that can have an impact on the price change:

Near horizontal resistance

Type : Bearish

Timeframe : Daily

Near resistance of triangle

Type : Bearish

Timeframe : Daily

Resistance of channel is broken

Type : Bullish

Timeframe : Daily

Central Candlesticks, the scanner specialised in Japanese candlesticks, detects these bearish signals that could support the hypothesis of a small drop in the very short term:

Bearish harami

Type : Bearish

Timeframe : Daily

Bearish harami cross

Type : Bearish

Timeframe : Daily

ProTrendLines

Price

	S3	S2	S1	Price	R1	R2	R3
ProTrendLines	0.6170	0.6275	0.6350	0.6389	0.6429	0.6495	0.6691
Change (%)	-3.43%	-1.78%	-0.61%	-	+0.63%	+1.66%	+4.73%
Change	-0.0219	-0.0114	-0.0039	-	+0.0040	+0.0106	+0.0302
Level	Intermediate	Major	Minor	-	Minor	Intermediate	Major

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	0.6309	0.6330	0.6360	0.6381	0.6411	0.6432	0.6462
Camarilla	0.6376	0.6381	0.6385	0.6390	0.6395	0.6399	0.6404
Woodie	0.6314	0.6332	0.6365	0.6383	0.6416	0.6434	0.6467
Fibonacci	0.6330	0.6350	0.6362	0.6381	0.6401	0.6413	0.6432

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	0.6154	0.6206	0.6298	0.6350	0.6442	0.6494	0.6586
Camarilla	0.6350	0.6364	0.6377	0.6390	0.6403	0.6416	0.6430
Woodie	0.6174	0.6216	0.6318	0.6360	0.6462	0.6504	0.6606
Fibonacci	0.6206	0.6261	0.6295	0.6350	0.6405	0.6439	0.6494

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 is the status of technical indicators and moving averages registered at the time this technical analysis was created:

Technical indicators

Moving averages

RSI (14):	56.60
MACD (12,26,9):	-0.0002
Directional Movement:	3.1386
AROON (14):	35.7142
DEMA (21):	0.6335
Parabolic SAR (0,02-0,02-0,2):	0.6278
Elder Ray (13):	0.0047
Super Trend (3,10):	0.6439
Zig ZAG (10):	0.6386
VORTEX (21):	1.0141
Stochastique (14,3,5):	85.85
TEMA (21):	0.6327
Williams %R (14):	-11.11
Chande Momentum Oscillator (20):	0.0057
Repulse (5,40,3):	0.8362
ROCnROLL:	1
TRIX (15,9):	-0.0269
Courbe Coppock:	0.72

MA7:	0.6327
MA20:	0.6337
MA50:	0.6350
MA100:	0.6294
MAexp7:	0.6347
MAexp20:	0.6340
MAexp50:	0.6332
MAexp100:	0.6306
Price / MA7:	+0.98%
Price / MA20:	+0.82%
Price / MA50:	+0.61%
Price / MA100:	+1.51%
Price / MAexp7:	+0.66%
Price / MAexp20:	+0.77%
Price / MAexp50:	+0.90%
Price / MAexp100:	+1.32%

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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Londinia AI

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