DKK/PLN

64.17 PLN (+1.29%)

03/26/2025 - 18:34 Open Real time data - Forex

Open:	63.31
Change:	+0.82
Volume:	151,508

Low:	63.31
High:	64.45
High / Low range:	1.14

Type:	Forex
Ticker:	DKKPLN
ISIN:

DKK/PLN - Daily - Technical analysis published on 08/29/2022 (GMT)

130
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08/29/2022 - 12:35
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Londinia

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Timeframe : Daily
- Analysis generated on 08/29/2022 - 12:35
Status : TARGET REACHED

Summary of the analysis

Trends

Short term: Strongly bullish

Underlying: Strongly bullish

Technical indicators

50%

11%

39%

My opinion

Bullish above 0.6269 PLN

My targets

0.6429 PLN (+0.0061)

0.6495 PLN (+0.0127)

My analysis

The bullish trend is currently very strong on DKK/PLN. As long as the price remains above the support at 0.6269 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

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 0.6368 PLN. The price is lower by -0.03% since the last closing and was between 0.6366 PLN and 0.6396 PLN. This implies that the price is at +0.03% from its lowest and at -0.44% from its highest.

0.6366

0.6396

0.6368

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

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

The study of the highest / lowest by the Central Records scanner shows the following result:

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. This strongly bullish trend is supported by the strong bullish signals given by short-term moving averages. An assessment of moving averages reveals a bullish signal that could impact this trend:

Bullish trend reversal : Moving Average 20

Type : Bullish

Timeframe : Daily

In fact, only 9 technical indicators out of 18 studied are currently bullish. Central Indicators, the detector scanner for these technical indicators recently detected a signal:

Price is back over the pivot point

Type : Bullish

Timeframe : Daily

Central Patterns, the market scanner focusing on chart patterns, resistances and supports found these results:

Near resistance of channel

Type : Bearish

Timeframe : Daily

Near resistance of triangle

Type : Bearish

Timeframe : Daily

The Central Candlesticks scanner, specialised in Japanese candlesticks, did not identify any signals.

ProTrendLines

Price

	S3	S2	S1	Price	R1	R2	R3
ProTrendLines	0.6170	0.6269	0.6350	0.6368	0.6429	0.6495	0.6691
Change (%)	-3.11%	-1.55%	-0.28%	-	+0.96%	+1.99%	+5.07%
Change	-0.0198	-0.0099	-0.0018	-	+0.0061	+0.0127	+0.0323
Level	Intermediate	Major	Minor	-	Major	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	0.6316	0.6338	0.6354	0.6376	0.6392	0.6414	0.6430
Camarilla	0.6360	0.6363	0.6367	0.6370	0.6374	0.6377	0.6381
Woodie	0.6313	0.6337	0.6351	0.6375	0.6389	0.6413	0.6427
Fibonacci	0.6338	0.6353	0.6362	0.6376	0.6391	0.6400	0.6414

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	0.6263	0.6311	0.6341	0.6389	0.6419	0.6467	0.6497
Camarilla	0.6349	0.6356	0.6363	0.6370	0.6377	0.6384	0.6392
Woodie	0.6253	0.6307	0.6331	0.6385	0.6409	0.6463	0.6487
Fibonacci	0.6311	0.6341	0.6360	0.6389	0.6419	0.6438	0.6467

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):	53.89
MACD (12,26,9):	0.0010
Directional Movement:	0.5551
AROON (14):	57.1428
DEMA (21):	0.6370
Parabolic SAR (0,02-0,02-0,2):	0.6357
Elder Ray (13):	0.0015
Super Trend (3,10):	0.6439
Zig ZAG (10):	0.6380
VORTEX (21):	1.0231
Stochastique (14,3,5):	64.44
TEMA (21):	0.6374
Williams %R (14):	-33.33
Chande Momentum Oscillator (20):	0.0073
Repulse (5,40,3):	-0.4969
ROCnROLL:	1
TRIX (15,9):	-0.0002
Courbe Coppock:	2.05

MA7:	0.6391
MA20:	0.6340
MA50:	0.6360
MA100:	0.6301
MAexp7:	0.6376
MAexp20:	0.6360
MAexp50:	0.6343
MAexp100:	0.6315
Price / MA7:	-0.36%
Price / MA20:	+0.44%
Price / MA50:	+0.13%
Price / MA100:	+1.06%
Price / MAexp7:	-0.13%
Price / MAexp20:	+0.13%
Price / MAexp50:	+0.39%
Price / MAexp100:	+0.84%

Quotes : 08/29/2022 - 12:35 - Real time data - Forex

This member declared not having a position on this financial instrument or a related financial instrument.

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