DKK/PLN

- PLN (-)

- Real time data - Forex

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Type:	Forex
Ticker:	DKKPLN
ISIN:

DKK/PLN - Daily - Technical analysis published on 11/02/2022 (GMT)

Londinia

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Timeframe : Daily
- Analysis generated on
Status : LEVEL MAINTAINED

Summary of the analysis

Trends

Short term: Strongly bearish

Underlying: Bearish

Technical indicators

17%

67%

17%

My opinion

Bearish under 0.6495 PLN

My targets

0.6268 PLN (-0.0049)

0.6170 PLN (-0.0147)

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 0.6495 PLN. The next support located at 0.6268 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 0.6170 PLN. Below this support, sellers could then target 0.6039 PLN.

In the very short term, the general bearish sentiment is confirmed by technical indicators. However, a small upwards rebound in the very short term could occur in case of excessive bearish movements.

Force

4.8

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

DKK/PLN rating 0.6317 PLN. The price is lower by -0.03% since the last closing and was between 0.6313 PLN and 0.6331 PLN. This implies that the price is at +0.06% from its lowest and at -0.22% from its highest.

0.6313

0.6331

0.6317

Here is a more detailed summary of the historical variations registered by DKK/PLN:

The Central Records scanner, which identifies the highest / lowest, has detected several elements:

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

Technical

Technical analysis of DKK/PLN in Daily shows an overall bearish trend. 64.29% of the signals given by moving averages are bearish. This bearish trend is supported by the strong bearish signals given by short-term moving averages. There is no crossing of moving average by the price or crossing of moving averages between themselves.

In fact, according to the parameters integrated into the Central Analyzer system, 12 technical indicators out of 18 analysed are currently bearish. Caution: the Central Indicators scanner currently detects an excess:

CCI indicator is oversold : under -100

Type : Neutral

Timeframe : Daily

Williams %R indicator is oversold : under -80

Type : Neutral

Timeframe : Daily

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

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

Near horizontal support

Type : Bullish

Timeframe : Daily

Support of channel is broken

Type : Bearish

Timeframe : Daily

No result was found by the Central Candlesticks scanner on Japanese candlesticks.

ProTrendLines

Price

	S3	S2	S1	Price	R1	R2	R3
ProTrendLines	0.6039	0.6170	0.6268	0.6317	0.6339	0.6495	0.6570
Change (%)	-4.40%	-2.33%	-0.78%	-	+0.35%	+2.82%	+4.01%
Change	-0.0278	-0.0147	-0.0049	-	+0.0022	+0.0178	+0.0253
Level	Major	Major	Intermediate	-	Major	Major	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	0.6277	0.6294	0.6306	0.6323	0.6335	0.6352	0.6364
Camarilla	0.6311	0.6314	0.6316	0.6319	0.6322	0.6324	0.6327
Woodie	0.6276	0.6293	0.6305	0.6322	0.6334	0.6351	0.6363
Fibonacci	0.6294	0.6305	0.6312	0.6323	0.6334	0.6341	0.6352

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	0.6187	0.6259	0.6300	0.6372	0.6413	0.6485	0.6526
Camarilla	0.6309	0.6319	0.6330	0.6340	0.6350	0.6361	0.6371
Woodie	0.6171	0.6251	0.6284	0.6364	0.6397	0.6477	0.6510
Fibonacci	0.6259	0.6303	0.6329	0.6372	0.6416	0.6442	0.6485

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	0.5993	0.6157	0.6246	0.6410	0.6499	0.6663	0.6752
Camarilla	0.6264	0.6288	0.6311	0.6334	0.6357	0.6380	0.6404
Woodie	0.5955	0.6138	0.6208	0.6391	0.6461	0.6644	0.6714
Fibonacci	0.6157	0.6254	0.6314	0.6410	0.6507	0.6567	0.6663

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):	32.73
MACD (12,26,9):	-0.0029
Directional Movement:	-10.6804
AROON (14):	-92.8571
DEMA (21):	0.6371
Parabolic SAR (0,02-0,02-0,2):	0.6387
Elder Ray (13):	-0.0057
Super Trend (3,10):	0.6464
Zig ZAG (10):	0.6317
VORTEX (21):	0.8852
Stochastique (14,3,5):	4.27
TEMA (21):	0.6331
Williams %R (14):	-96.35
Chande Momentum Oscillator (20):	-0.0132
Repulse (5,40,3):	-0.7520
ROCnROLL:	2
TRIX (15,9):	-0.0185
Courbe Coppock:	4.41

MA7:	0.6349
MA20:	0.6433
MA50:	0.6405
MA100:	0.6381
MAexp7:	0.6349
MAexp20:	0.6398
MAexp50:	0.6402
MAexp100:	0.6373
Price / MA7:	-0.50%
Price / MA20:	-1.80%
Price / MA50:	-1.37%
Price / MA100:	-1.00%
Price / MAexp7:	-0.50%
Price / MAexp20:	-1.27%
Price / MAexp50:	-1.33%
Price / MAexp100:	-0.88%

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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