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 01/21/2025 (GMT)

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  • Timeframe : 1H
  • - Analysis generated on
  • Status : LEVEL MAINTAINED

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Summary of the analysis

Trends
Short term: Bearish
Underlying: Strongly bearish
Technical indicators
11%
67%
22%
My opinion
Bearish under 0.5703 PLN
My targets
0.5668 PLN (-0.0029)
0.5617 PLN (-0.0080)
My analysis
The bearish basic trend is very strong on DKK/PLN but the short term shows some signs of running out of steam. However, a sale could be considered as long as the price remains below 0.5703 PLN. Crossing the first support at 0.5668 PLN would be a sign of a further potential price plummet. Sellers would then use the next support located at 0.5617 PLN as an objective. Crossing it would then enable sellers to target 0.5344 PLN. Caution, a return to above the resistance located at 0.5703 PLN would be a sign of a possible consolidation phase of the short-term basic trend. 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 bearish opinion of this analysis in thevery short term. However, be careful of excessive bearish movements. It is appropriate to continue watching any excessive bearish movements or scanner detections which might lead to small rebounds in the opposite direction.
Force
0
10
7.1

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:
15 min. Daily Weekly

Additional analysis

Quotes

The DKK/PLN price is 0.5697 PLN. The price registered a decrease of -0.04% on the session with the lowest point at 0.5696 PLN and the highest point at 0.5709 PLN. The deviation from the price is +0.02% for the low point and -0.21% for the high point.

0.5696
0.5709
0.5697

A bullish opening was detected by the Central Gaps scanner. Buyers are trying to impose a bullish momentum in the very short term.

Central Gaps

Bullish opening

Type : Bullish

Timeframe : Openning



A study of price movements over other periods shows the following variations:
The Central Records scanner, which identifies the highest / lowest, has detected several elements:

Central Records

Near a new LOW record (5 years)

Type : Bearish

Timeframe : Weekly


Near a new HIGH record (1 year)

Type : Bullish

Timeframe : Weekly


Near a new HIGH record (1st january)

Type : Bullish

Timeframe : Weekly


Near a new HIGH record (1 month)

Type : Bullish

Timeframe : Weekly



Technical


Technical analysis of this 1H chart of DKK/PLN indicates that the overall trend is strongly bearish. 89.29% of the signals given by moving averages are bearish. The slightly bearish signals from short-term moving averages show that the overall trend is slowing down. The Central Indicators scanner does not detect any result on moving averages that would impact this trend.

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:

Central Indicators

Williams %R indicator is oversold : under -80

Type : Neutral

Timeframe : 1 hour

Central Indicators, the detector scanner for these technical indicators has recently detected several signals:

Central Indicators

Pivot points : price is under support 1

Type : Neutral

Timeframe : Weekly


MACD crosses DOWN its Moving Average

Type : Bearish

Timeframe : 1 hour


Momentum indicator is back under 0

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



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


ProTrendLines
S3
S2
S1
R1
R2
R3
Price


S3S2S1PriceR1R2R3
ProTrendLines 0.5146 0.5344 0.5695 0.5697 0.5703 0.5709 0.5725
Change (%) -9.67% -6.20% -0.04% - +0.11% +0.21% +0.49%
Change -0.0551 -0.0353 -0.0002 - +0.0006 +0.0012 +0.0028
Level Minor Intermediate Minor - 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
Standard0.56680.56820.56900.57040.57120.57260.5734
Camarilla0.56930.56950.56970.56990.57010.57030.5705
Woodie0.56660.56810.56880.57030.57100.57250.5732
Fibonacci0.56820.56900.56950.57040.57120.57170.5726


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard0.56680.56850.56990.57160.57300.57470.5761
Camarilla0.57040.57060.57090.57120.57150.57180.5721
Woodie0.56660.56840.56970.57150.57280.57460.5759
Fibonacci0.56850.56970.57050.57160.57280.57360.5747


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard0.56170.56550.56960.57340.57750.58130.5854
Camarilla0.57160.57240.57310.57380.57450.57530.5760
Woodie0.56200.56560.56990.57350.57780.58140.5857
Fibonacci0.56550.56850.57040.57340.57640.57830.5813

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): 41.88
MACD (12,26,9): -0.0001
Directional Movement: -5.0856
AROON (14): 50.0000
DEMA (21): 0.5701
Parabolic SAR (0,02-0,02-0,2): 0.5708
Elder Ray (13): -0.0003
Super Trend (3,10): 0.5713
Zig ZAG (10): 0.5698
VORTEX (21): 1.0000
Stochastique (14,3,5): 28.21
TEMA (21): 0.5701
Williams %R (14): -84.62
Chande Momentum Oscillator (20): -0.0004
Repulse (5,40,3): -0.0682
ROCnROLL: 2
TRIX (15,9): -0.0021
Courbe Coppock: 0.06
MA7: 0.5711
MA20: 0.5718
MA50: 0.5744
MA100: 0.5757
MAexp7: 0.5701
MAexp20: 0.5702
MAexp50: 0.5705
MAexp100: 0.5709
Price / MA7: -0.25%
Price / MA20: -0.37%
Price / MA50: -0.82%
Price / MA100: -1.04%
Price / MAexp7: -0.07%
Price / MAexp20: -0.09%
Price / MAexp50: -0.14%
Price / MAexp100: -0.21%

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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