DKK/SEK - 1H - Technical analysis published on 10/04/2021 (GMT)
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- Timeframe : 1H
- - Analysis generated on
- Status : TARGET REACHED
Analysis too old. There are no more charts available.
Summary of the analysis
Trends
Short term:
Neutral
Underlying:
Bearish
Technical indicators
44%
28%
28%
My opinion
Bearish under 1.3682 SEK
My targets
1.3627 SEK (-0.0019)
1.3603 SEK (-0.0043)
My analysis
Has the basic bearish trend slowed or is it lacking in power? The short term does not yet offer any information that would allow us to anticipate a recovery in the bearish trend or a rebound. Sellers' generally have the upper hand, even if a small correction (not tradeable) on the resistance located at 1.3682 SEK remains possible. It is advisable to trade DKK/SEK with the greatest caution, while favouring short positions (for sale) as long as the price remains well below 1.3682 SEK. The next bearish objective for sellers is set at 1.3627 SEK. A bearish break of this support would revive the bearish momentum. The sellers could then target the support located at 1.3603 SEK. In case of crossing, the next objective would be the support located at 1.3591 SEK. PS: if there is a bullish break in the resistance located at 1.3682 SEK we suggest that you produce a new automated technical analysis. In fact, conditions should have changed. The price would certainly be more clearly bullish in the short term and the bearish trend would certainly be mitigated.
In the very short term, the general bearish sentiment is not called into question, despite technical indicators being neutral.
Force
0
10
3.8
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This analysis was given by Vincent Launay. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
DKK/SEK rating 1.3646 SEK. On the day, this instrument gained +0.02% and was between 1.3632 SEK and 1.3659 SEK. This implies that the price is at +0.10% from its lowest and at -0.10% from its highest.1.3632
1.3659
1.3646
The Central Gaps scanner detects a bullish opening. A small advantage for buyers in the very short term.
Bullish opening
Type : Bullish
Timeframe : Openning
A study of price movements over other periods shows the following variations:
Technical
Technical analysis of DKK/SEK in 1H shows an overall bearish trend. 78.57% of the signals given by moving averages are bearish. Caution: as the signals currently given by short-term moving averages are rather neutral, the bearish trend could slow down. The Central Indicators scanner does not detect any result on moving averages that would impact this trend.
On the 18 technical indicators analysed, 8 are bullish, 5 are neutral and 5 are bearish. Central Indicators, the scanner specialised in technical indicators, has identified these signals:
Price is back under the pivot point
Type : Bearish
Timeframe : 1 hour
Williams %R indicator is back under -50
Type : Bearish
Timeframe : 1 hour
The Central Patterns scanner, which studies chart patterns, resistances and supports, has identified these signals:
Near horizontal support
Type : Bullish
Timeframe : 1 hour
Support of channel is broken
Type : Bearish
Timeframe : 1 hour
The Central Candlesticks scanner which studies Japanese candlesticks did not detect anything.
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 1.3603 | 1.3627 | 1.3638 | 1.3646 | 1.3652 | 1.3682 | 1.3702 |
| Change (%) | -0.32% | -0.14% | -0.06% | - | +0.04% | +0.26% | +0.41% |
| Change | -0.0043 | -0.0019 | -0.0008 | - | +0.0006 | +0.0036 | +0.0056 |
| Level | Intermediate | Intermediate | Minor | - | Minor | 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 | 1.3571 | 1.3601 | 1.3622 | 1.3652 | 1.3673 | 1.3703 | 1.3724 |
| Camarilla | 1.3629 | 1.3634 | 1.3638 | 1.3643 | 1.3648 | 1.3652 | 1.3657 |
| Woodie | 1.3567 | 1.3599 | 1.3618 | 1.3650 | 1.3669 | 1.3701 | 1.3720 |
| Fibonacci | 1.3601 | 1.3621 | 1.3633 | 1.3652 | 1.3672 | 1.3684 | 1.3703 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 1.3444 | 1.3524 | 1.3583 | 1.3663 | 1.3722 | 1.3802 | 1.3861 |
| Camarilla | 1.3605 | 1.3618 | 1.3630 | 1.3643 | 1.3656 | 1.3669 | 1.3681 |
| Woodie | 1.3435 | 1.3519 | 1.3574 | 1.3658 | 1.3713 | 1.3797 | 1.3852 |
| Fibonacci | 1.3524 | 1.3577 | 1.3610 | 1.3663 | 1.3716 | 1.3749 | 1.3802 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 1.3412 | 1.3507 | 1.3573 | 1.3668 | 1.3734 | 1.3829 | 1.3895 |
| Camarilla | 1.3594 | 1.3609 | 1.3623 | 1.3638 | 1.3653 | 1.3668 | 1.3682 |
| Woodie | 1.3397 | 1.3500 | 1.3558 | 1.3661 | 1.3719 | 1.3822 | 1.3880 |
| Fibonacci | 1.3507 | 1.3569 | 1.3607 | 1.3668 | 1.3730 | 1.3768 | 1.3829 |
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): | 46.06 | |
| MACD (12,26,9): | -0.0004 | |
| Directional Movement: | 3.9374 | |
| AROON (14): | 78.5714 | |
| DEMA (21): | 1.3638 | |
| Parabolic SAR (0,02-0,02-0,2): | 1.3666 | |
| Elder Ray (13): | 0.0002 | |
| Super Trend (3,10): | 1.3677 | |
| Zig ZAG (10): | 1.3636 | |
| VORTEX (21): | 0.9180 | |
| Stochastique (14,3,5): | 33.17 | |
| TEMA (21): | 1.3641 | |
| Williams %R (14): | -80.00 | |
| Chande Momentum Oscillator (20): | 0.0001 | |
| Repulse (5,40,3): | -0.1272 | |
| ROCnROLL: | 2 | |
| TRIX (15,9): | -0.0051 | |
| Courbe Coppock: | 0.07 |
| MA7: | 1.3672 | |
| MA20: | 1.3674 | |
| MA50: | 1.3704 | |
| MA100: | 1.3675 | |
| MAexp7: | 1.3642 | |
| MAexp20: | 1.3646 | |
| MAexp50: | 1.3658 | |
| MAexp100: | 1.3669 | |
| Price / MA7: | -0.19% | |
| Price / MA20: | -0.20% | |
| Price / MA50: | -0.42% | |
| Price / MA100: | -0.21% | |
| Price / MAexp7: | +0.03% | |
| Price / MAexp20: | -0% | |
| Price / MAexp50: | -0.09% | |
| Price / MAexp100: | -0.17% |
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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