DKK/PLN - 1H - Technical analysis published on 10/28/2022 (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:
Strongly bearish
Underlying:
Strongly bearish
Technical indicators
33%
39%
28%
My opinion
Bearish under 0.6372 PLN
My targets
0.6323 PLN (-0.0024)
0.6268 PLN (-0.0079)
My analysis
DKK/PLN is part of a very strong bearish trend. Traders may consider trading only short positions (for sale) as long as the price remains well below 0.6372 PLN. The next support located at 0.6323 PLN is the next bearish objective to target. A bearish break of this support would revive the bearish momentum. The bearish movement could then continue towards the next support located at 0.6268 PLN. Below this support, sellers could then target 0.6170 PLN. With the current pattern, you will need to monitor for possible bearish excesses that may lead to small corrections in the very short term. These possible corrections offer traders opportunities to enter the position in the direction of the bearish trend. Trying to profit from the purchase of these possible corrections may seem risky.
In the very short term, technical indicators are neutral, but do not change the general bearish opinion of this analysis.
Force
0
10
6.3
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This analysis was given by Londinia. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
DKK/PLN rating 0.6347 PLN. The price is lower by -0.03% since the last closing and was between 0.6335 PLN and 0.6361 PLN. This implies that the price is at +0.19% from its lowest and at -0.22% from its highest.0.6335
0.6361
0.6347
Here is a more detailed summary of the historical variations registered by DKK/PLN:
Near a new HIGH record (5 years)
Type : Bullish
Timeframe : Weekly
Near a new LOW record (1 year)
Type : Bearish
Timeframe : Weekly
Near a new LOW record (1st january)
Type : Bearish
Timeframe : Weekly
Near a new HIGH record (1 month)
Type : Bullish
Timeframe : Weekly
New LOW record (1 month)
Type : Bearish
Timeframe : Weekly
Technical
Technical analysis of this 1H chart of DKK/PLN indicates that the overall trend is strongly bearish. The signals given by moving averages are 92.86% bearish. This strong bearish trend is confirmed by the strong signals currently being given by short-term moving averages. The Central Indicators scanner does not detect any result on moving averages that would impact this trend.
An assessment of technical indicators does not currently provide any relevant information to suggest whether the signal given by the technical indicators is more bullish or bearish.
But beware of excesses. The Central Indicators scanner currently detects this:
CCI indicator is oversold : under -100
Type : Neutral
Timeframe : 1 hour
Pivot points : price is under support 1
Type : Neutral
Timeframe : Weekly
The Central Patterns scanner, which studies chart patterns, resistances and supports, has identified this signal:
Near horizontal resistance
Type : Bearish
Timeframe : 1 hour
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 | 0.6039 | 0.6170 | 0.6268 | 0.6347 | 0.6350 | 0.6404 | 0.6417 |
| Change (%) | -4.85% | -2.79% | -1.24% | - | +0.05% | +0.90% | +1.10% |
| Change | -0.0308 | -0.0177 | -0.0079 | - | +0.0003 | +0.0057 | +0.0070 |
| Level | Major | Major | Intermediate | - | Minor | Intermediate | Minor |
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 | 0.6261 | 0.6300 | 0.6325 | 0.6364 | 0.6389 | 0.6428 | 0.6453 |
| Camarilla | 0.6331 | 0.6337 | 0.6343 | 0.6349 | 0.6355 | 0.6361 | 0.6367 |
| Woodie | 0.6253 | 0.6297 | 0.6317 | 0.6361 | 0.6381 | 0.6425 | 0.6445 |
| Fibonacci | 0.6300 | 0.6325 | 0.6340 | 0.6364 | 0.6389 | 0.6404 | 0.6428 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.6244 | 0.6323 | 0.6372 | 0.6451 | 0.6500 | 0.6579 | 0.6628 |
| Camarilla | 0.6387 | 0.6399 | 0.6410 | 0.6422 | 0.6434 | 0.6446 | 0.6457 |
| Woodie | 0.6230 | 0.6316 | 0.6358 | 0.6444 | 0.6486 | 0.6572 | 0.6614 |
| Fibonacci | 0.6323 | 0.6372 | 0.6402 | 0.6451 | 0.6500 | 0.6530 | 0.6579 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.6043 | 0.6163 | 0.6347 | 0.6467 | 0.6651 | 0.6771 | 0.6955 |
| Camarilla | 0.6447 | 0.6475 | 0.6503 | 0.6531 | 0.6559 | 0.6587 | 0.6615 |
| Woodie | 0.6075 | 0.6179 | 0.6379 | 0.6483 | 0.6683 | 0.6787 | 0.6987 |
| Fibonacci | 0.6163 | 0.6279 | 0.6351 | 0.6467 | 0.6583 | 0.6655 | 0.6771 |
Numerical data
The following is the status of the technical indicators and moving averages at the time of publication of this technical analysis:
Technical indicators
Moving averages
| RSI (14): | 32.92 | |
| MACD (12,26,9): | -0.0009 | |
| Directional Movement: | -5.2659 | |
| AROON (14): | -7.1428 | |
| DEMA (21): | 0.6340 | |
| Parabolic SAR (0,02-0,02-0,2): | 0.6361 | |
| Elder Ray (13): | -0.0005 | |
| Super Trend (3,10): | 0.6371 | |
| Zig ZAG (10): | 0.6341 | |
| VORTEX (21): | 0.8063 | |
| Stochastique (14,3,5): | 21.67 | |
| TEMA (21): | 0.6340 | |
| Williams %R (14): | -80.77 | |
| Chande Momentum Oscillator (20): | -0.0009 | |
| Repulse (5,40,3): | -0.2972 | |
| ROCnROLL: | 2 | |
| TRIX (15,9): | -0.0212 | |
| Courbe Coppock: | 0.19 |
| MA7: | 0.6394 | |
| MA20: | 0.6456 | |
| MA50: | 0.6411 | |
| MA100: | 0.6379 | |
| MAexp7: | 0.6344 | |
| MAexp20: | 0.6352 | |
| MAexp50: | 0.6369 | |
| MAexp100: | 0.6388 | |
| Price / MA7: | -0.74% | |
| Price / MA20: | -1.69% | |
| Price / MA50: | -1.00% | |
| Price / MA100: | -0.50% | |
| Price / MAexp7: | +0.05% | |
| Price / MAexp20: | -0.08% | |
| Price / MAexp50: | -0.35% | |
| Price / MAexp100: | -0.64% |
Quotes :
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Real time data
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Forex
This member declared not having a position on this financial instrument or a related financial instrument.
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