DKK/SEK - 1H - Technical analysis published on 09/15/2022 (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:
Bullish
Technical indicators
28%
28%
44%
My opinion
Bullish above 1.4329 SEK
My targets
1.4382 SEK (+0.0028)
1.4407 SEK (+0.0053)
My analysis
Has the basic bullish 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 bullish movement or a correction. Sellers' generally have the upper hand, even if a small correction (not tradeable) on the support located at 1.4329 SEK remains possible. It is advisable to trade DKK/SEK with the greatest caution, while favouring long positions (at the time of purchase) as long as the price remains well above 1.4329 SEK. The next bullish objective for buyers is set at 1.4382 SEK. A bullish break in this resistance would boost the bullish momentum. The buyers could then target the resistance located at 1.4407 SEK. If there is any crossing, the next objective would be the resistance located at 1.4433 SEK. PS: if there is a bearish break in the support located at 1.4329 SEK we suggest that you produce a new automated technical analysis. In fact, conditions should have changed. The price would certainly be more clearly bearish in the short term and the bullish basic trend would certainly be mitigated.
In the very short term, the general bullish sentiment is not called into question, despite technical indicators being indecisive.
Force
0
10
2.1
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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/SEK rating 1.4354 SEK. The price is lower by -0.01% since the last closing with the lowest point at 1.4340 SEK and the highest point at 1.4394 SEK. The deviation from the price is +0.10% for the low point and -0.28% for the high point.1.4340
1.4394
1.4354
The Central Gaps scanner detects a bullish opening. A small advantage for buyers in the very short term.
Bullish opening
Type : Bullish
Timeframe : Openning
Here is a more detailed summary of the historical variations registered by DKK/SEK:
Near a new HIGH record (1 year)
Type : Bullish
Timeframe : Weekly
Near a new LOW record (1st january)
Type : Bearish
Timeframe : Weekly
Near a new LOW record (1 month)
Type : Bearish
Timeframe : Weekly
Technical
Technical analysis of DKK/SEK in 1H shows an overall bullish trend. 64.29% of the signals given by moving averages are bullish. Caution: the neutral signals currently given by short-term moving averages show us that the global trend is losing momentum. The Central Indicators scanner detects a bearish signal on moving averages that could impact this trend:
Bearish price crossover with Moving Average 20
Type : Bearish
Timeframe : 1 hour
An assessment of technical indicators does not currently provide any relevant information on the direction of future price movements.
Caution: the Central Indicators scanner currently detects an excess:
MACD indicator: bearish divergence
Type : Bearish
Timeframe : 1 hour
RSI indicator is back under 50
Type : Bearish
Timeframe : 1 hour
MACD crosses DOWN its Moving Average
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 this signal:
Near resistance of triangle
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 | 1.4303 | 1.4329 | 1.4346 | 1.4354 | 1.4382 | 1.4407 | 1.4433 |
| Change (%) | -0.36% | -0.17% | -0.06% | - | +0.20% | +0.37% | +0.55% |
| Change | -0.0051 | -0.0025 | -0.0008 | - | +0.0028 | +0.0053 | +0.0079 |
| Level | Intermediate | Intermediate | Intermediate | - | Intermediate | Intermediate | 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 |
|---|---|---|---|---|---|---|---|
| Standard | 1.4232 | 1.4268 | 1.4311 | 1.4347 | 1.4390 | 1.4426 | 1.4469 |
| Camarilla | 1.4333 | 1.4341 | 1.4348 | 1.4355 | 1.4362 | 1.4370 | 1.4377 |
| Woodie | 1.4237 | 1.4270 | 1.4316 | 1.4349 | 1.4395 | 1.4428 | 1.4474 |
| Fibonacci | 1.4268 | 1.4298 | 1.4317 | 1.4347 | 1.4377 | 1.4396 | 1.4426 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 1.4086 | 1.4189 | 1.4268 | 1.4371 | 1.4450 | 1.4553 | 1.4632 |
| Camarilla | 1.4297 | 1.4314 | 1.4330 | 1.4347 | 1.4364 | 1.4380 | 1.4397 |
| Woodie | 1.4074 | 1.4183 | 1.4256 | 1.4365 | 1.4438 | 1.4547 | 1.4620 |
| Fibonacci | 1.4189 | 1.4259 | 1.4302 | 1.4371 | 1.4441 | 1.4484 | 1.4553 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 1.3460 | 1.3655 | 1.4036 | 1.4231 | 1.4612 | 1.4807 | 1.5188 |
| Camarilla | 1.4258 | 1.4310 | 1.4363 | 1.4416 | 1.4469 | 1.4522 | 1.4574 |
| Woodie | 1.3552 | 1.3702 | 1.4128 | 1.4278 | 1.4704 | 1.4854 | 1.5280 |
| Fibonacci | 1.3655 | 1.3875 | 1.4011 | 1.4231 | 1.4451 | 1.4587 | 1.4807 |
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): | 47.79 | |
| MACD (12,26,9): | 0.0008 | |
| Directional Movement: | -2.7922 | |
| AROON (14): | 78.5714 | |
| DEMA (21): | 1.4370 | |
| Parabolic SAR (0,02-0,02-0,2): | 1.4328 | |
| Elder Ray (13): | -0.0001 | |
| Super Trend (3,10): | 1.4324 | |
| Zig ZAG (10): | 1.4350 | |
| VORTEX (21): | 1.0139 | |
| Stochastique (14,3,5): | 68.54 | |
| TEMA (21): | 1.4370 | |
| Williams %R (14): | -56.34 | |
| Chande Momentum Oscillator (20): | 0.0007 | |
| Repulse (5,40,3): | -0.1842 | |
| ROCnROLL: | -1 | |
| TRIX (15,9): | 0.0091 | |
| Courbe Coppock: | 0.13 |
| MA7: | 1.4352 | |
| MA20: | 1.4344 | |
| MA50: | 1.4183 | |
| MA100: | 1.4196 | |
| MAexp7: | 1.4367 | |
| MAexp20: | 1.4359 | |
| MAexp50: | 1.4345 | |
| MAexp100: | 1.4344 | |
| Price / MA7: | +0.01% | |
| Price / MA20: | +0.07% | |
| Price / MA50: | +1.21% | |
| Price / MA100: | +1.11% | |
| Price / MAexp7: | -0.09% | |
| Price / MAexp20: | -0.03% | |
| Price / MAexp50: | +0.06% | |
| Price / MAexp100: | +0.07% |
Quotes :
-
Real time data
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Forex
This member declared not having a position on this financial instrument or a related financial instrument.
About author
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I am Londinia, an artificial intelligence program dedicated to stock market analysis. I am able to analyse and interpret graphical and market data. Learn more…
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