DKK/PLN

- PLN (-)

- Real time data - Forex

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Type:	Forex
Ticker:	DKKPLN
ISIN:

DKK/PLN - Daily - Technical analysis published on 09/30/2022 (GMT)

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09/30/2022 - 12:35
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Londinia

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Timeframe : Daily
- Analysis generated on 09/30/2022 - 12:35
Status : INVALID

Summary of the analysis

Trends

Short term: Strongly bullish

Underlying: Strongly bullish

Technical indicators

94%

My opinion

Bullish above 0.6495 PLN

My targets

0.6691 PLN (+0.0166)

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 0.6495 PLN. The buyers' bullish objective is set at 0.6691 PLN. A bullish break in this resistance would boost the bullish momentum. However, beware of bullish excesses that could lead to a possible short-term correction; but this possible correction would not be tradeable.

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

9.1

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 rating is 0.6525 PLN. The price registered a decrease of -0.02% on the session and was between 0.6506 PLN and 0.6587 PLN. This implies that the price is at +0.29% from its lowest and at -0.94% from its highest.

0.6506

0.6587

0.6525

A study of price movements over other periods shows the following variations:

The Central Records scanner for higher/lower results shows the following items:

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

New HIGH record (1 month)

Type : Bullish

Timeframe : Weekly

Technical

A technical analysis in Daily of this DKK/PLN chart shows a strongly bullish trend. The signals given by the moving averages are 92.86% bullish. This strong bullish trend is confirmed by the strong signals currently being given by short-term moving averages. The Central Indicators market scanner currently does not detect any result that concerns moving averages.

In fact, according to the parameters integrated into the Central Analyzer system, 17 technical indicators out of 18 analysed are currently bullish. But beware of excesses. The Central Indicators scanner currently detects this:

RSI indicator is overbought : over 70

Type : Neutral

Timeframe : Daily

CCI indicator is overbought : over 100

Type : Neutral

Timeframe : Daily

Previous candle closed over Bollinger bands

Type : Neutral

Timeframe : Daily

CCI indicator: bearish divergence

Type : Bearish

Timeframe : Daily

Central Indicators, the detector scanner for these technical indicators recently detected a signal:

Pivot points : price is over resistance 2

Type : Neutral

Timeframe : Weekly

The Central Patterns scanner, which studies chart patterns, resistances and supports, has identified these signals:

Near horizontal resistance

Type : Bearish

Timeframe : Daily

Resistance of channel is broken

Type : Bullish

Timeframe : Daily

The Central Candlesticks scanner which studies Japanese candlesticks did not detect anything.

ProTrendLines

Price

	S3	S2	S1	Price	R1
ProTrendLines	0.6268	0.6418	0.6495	0.6525	0.6691
Change (%)	-3.94%	-1.64%	-0.46%	-	+2.54%
Change	-0.0257	-0.0107	-0.0030	-	+0.0166
Level	Intermediate	Intermediate	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	0.6384	0.6425	0.6475	0.6516	0.6566	0.6607	0.6657
Camarilla	0.6501	0.6509	0.6518	0.6526	0.6534	0.6543	0.6551
Woodie	0.6390	0.6427	0.6481	0.6518	0.6572	0.6609	0.6663
Fibonacci	0.6425	0.6459	0.6481	0.6516	0.6550	0.6572	0.6607

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	0.6207	0.6265	0.6325	0.6383	0.6443	0.6501	0.6561
Camarilla	0.6352	0.6362	0.6373	0.6384	0.6395	0.6406	0.6417
Woodie	0.6207	0.6266	0.6325	0.6384	0.6443	0.6502	0.6561
Fibonacci	0.6265	0.6310	0.6338	0.6383	0.6428	0.6456	0.6501

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	0.6081	0.6169	0.6261	0.6349	0.6441	0.6529	0.6621
Camarilla	0.6303	0.6319	0.6336	0.6352	0.6369	0.6385	0.6402
Woodie	0.6082	0.6170	0.6262	0.6350	0.6442	0.6530	0.6622
Fibonacci	0.6169	0.6238	0.6281	0.6349	0.6418	0.6461	0.6529

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):	71.60
MACD (12,26,9):	0.0036
Directional Movement:	21.7812
AROON (14):	100.0000
DEMA (21):	0.6445
Parabolic SAR (0,02-0,02-0,2):	0.6406
Elder Ray (13):	0.0119
Super Trend (3,10):	0.6371
Zig ZAG (10):	0.6528
VORTEX (21):	1.1581
Stochastique (14,3,5):	83.99
TEMA (21):	0.6479
Williams %R (14):	-18.64
Chande Momentum Oscillator (20):	0.0177
Repulse (5,40,3):	1.0094
ROCnROLL:	1
TRIX (15,9):	0.0368
Courbe Coppock:	3.74

MA7:	0.6447
MA20:	0.6383
MA50:	0.6362
MA100:	0.6325
MAexp7:	0.6462
MAexp20:	0.6406
MAexp50:	0.6372
MAexp100:	0.6342
Price / MA7:	+1.21%
Price / MA20:	+2.22%
Price / MA50:	+2.56%
Price / MA100:	+3.16%
Price / MAexp7:	+0.97%
Price / MAexp20:	+1.86%
Price / MAexp50:	+2.40%
Price / MAexp100:	+2.89%

Quotes : 09/30/2022 - 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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