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DKK/PLN
DKK PLN
- PLN (-)
- Real time data - Forex
Open: -
Change: -
Volume: -
Low: -
High: -
High / Low range: -
Type: Forex
Ticker: DKKPLN
ISIN:

DKK/PLN - 1H - Technical analysis published on 11/02/2022 (GMT)

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Londinia
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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%
28%
39%
My opinion
Bearish under 0.6339 PLN
My targets
0.6268 PLN (-0.0047)
0.6187 PLN (-0.0128)
My analysis
The bearish trend is currently very strong for DKK/PLN. As long as the price remains below the resistance at 0.6339 PLN, you could try to take advantage of the bearish rally. The first bearish objective is located at 0.6268 PLN. The bearish momentum would be revived by a break in this support. Sellers would then use the next support located at 0.6187 PLN as an objective. Crossing it would then enable sellers to target 0.6170 PLN. Be careful, given the powerful bearish rally underway, excesses could lead to a short-term rebound. 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.

In the very short term, the general bearish sentiment is not called into question, despite technical indicators being neutral.
Force
0
10
5.9

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.

Londinia
This analysis was given by Londinia. Take part yourself by sharing additional analysis on another time unit:
15 min. Daily Weekly

Additional analysis

Quotes

DKK/PLN rating 0.6315 PLN. On the day, this instrument lost -0.06% and was between 0.6309 PLN and 0.6331 PLN. This implies that the price is at +0.10% from its lowest and at -0.25% from its highest.

0.6309
0.6331
0.6315

A study of price movements over other periods shows the following variations:
The study of the highest / lowest by the Central Records scanner shows the following results:

Central Records

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


A technical analysis in 1H of this DKK/PLN chart shows a sharp bearish trend. 92.86% of the signals given by moving averages are bearish. The overall trend is supported by the strong bearish signals from short-term moving averages. An assessment of moving averages reveals several bearish signals that could impact this trend:

Central Indicators

Bearish trend reversal : adaptative moving average 20

Type : Bearish

Timeframe : 1 hour


Bearish price crossover with adaptative moving average 20

Type : Bearish

Timeframe : 1 hour



The technical indicators are generally neutral. They do not provide relevant information on the direction of future price movements.
Caution: the Central Indicators scanner currently detects an excess:

Central Indicators

CCI indicator: bearish divergence

Type : Bearish

Timeframe : 1 hour

Other results related to technical indicators were also found by the Central Indicators scanner:

Central Indicators

RSI indicator is back under 50

Type : Bearish

Timeframe : 1 hour


Parabolic SAR indicator bearish reversal

Type : Bearish

Timeframe : 1 hour


Momentum indicator is back under 0

Type : Bearish

Timeframe : 1 hour


Williams %R indicator is back under -50

Type : Bearish

Timeframe : 1 hour



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

Central Patterns

Near horizontal resistance

Type : Bearish

Timeframe : 1 hour


Resistance of channel is broken

Type : Bullish

Timeframe : 1 hour



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


ProTrendLines
S3
S2
S1
R1
R2
R3
Price


S3S2S1PriceR1R2R3
ProTrendLines 0.6170 0.6268 0.6310 0.6315 0.6339 0.6367 0.6420
Change (%) -2.30% -0.74% -0.08% - +0.38% +0.82% +1.66%
Change -0.0145 -0.0047 -0.0005 - +0.0024 +0.0052 +0.0105
Level Major Intermediate Intermediate - Major Minor Intermediate



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
Standard0.62770.62940.63060.63230.63350.63520.6364
Camarilla0.63110.63140.63160.63190.63220.63240.6327
Woodie0.62760.62930.63050.63220.63340.63510.6363
Fibonacci0.62940.63050.63120.63230.63340.63410.6352


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard0.61870.62590.63000.63720.64130.64850.6526
Camarilla0.63090.63190.63300.63400.63500.63610.6371
Woodie0.61710.62510.62840.63640.63970.64770.6510
Fibonacci0.62590.63030.63290.63720.64160.64420.6485


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard0.59930.61570.62460.64100.64990.66630.6752
Camarilla0.62640.62880.63110.63340.63570.63800.6404
Woodie0.59550.61380.62080.63910.64610.66440.6714
Fibonacci0.61570.62540.63140.64100.65070.65670.6663

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): 48.82
MACD (12,26,9): -0.0001
Directional Movement: 3.8973
AROON (14): -85.7143
DEMA (21): 0.6316
Parabolic SAR (0,02-0,02-0,2): 0.6329
Elder Ray (13): -0.0002
Super Trend (3,10): 0.6331
Zig ZAG (10): 0.6317
VORTEX (21): 0.9557
Stochastique (14,3,5): 42.35
TEMA (21): 0.6318
Williams %R (14): -68.18
Chande Momentum Oscillator (20): -0.0008
Repulse (5,40,3): 0.0359
ROCnROLL: 2
TRIX (15,9): -0.0035
Courbe Coppock: 0.01
MA7: 0.6350
MA20: 0.6433
MA50: 0.6405
MA100: 0.6381
MAexp7: 0.6318
MAexp20: 0.6318
MAexp50: 0.6323
MAexp100: 0.6337
Price / MA7: -0.55%
Price / MA20: -1.83%
Price / MA50: -1.41%
Price / MA100: -1.03%
Price / MAexp7: -0.05%
Price / MAexp20: -0.05%
Price / MAexp50: -0.13%
Price / MAexp100: -0.35%

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
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