DKK/SEK

- SEK (-)

- Real time data - Forex

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Change:	-
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Type:	Forex
Ticker:	DKKSEK
ISIN:

DKK/SEK - 1H - Technical analysis published on 09/10/2024 (GMT)

Londinia

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Timeframe : 1H
- Analysis generated on
Status : INVALID

Summary of the analysis

Trends

Short term: Strongly bullish

Underlying: Strongly bullish

Technical indicators

50%

17%

33%

My opinion

Bullish above 1.5311 SEK

My targets

1.5369 SEK (+0.0021)

1.5505 SEK (+0.0157)

My analysis

The bullish trend is currently very strong on DKK/SEK. As long as the price remains above the support at 1.5311 SEK, you could try to benefit from the boom. The first bullish objective is located at 1.5369 SEK. The bullish momentum would be boosted by a break in this resistance. Buyers would then use the next resistance located at 1.5505 SEK as an objective. Crossing it would then enable buyers to target 1.5610 SEK. Be careful, given the powerful bullish rally underway, excesses could lead to a possible correction in the short term. 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 bullish sentiment is confirmed by technical indicators. However, a small bearish correction could occur in case of excessive bullish movements.

Force

7.1

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/SEK rating 1.5348 SEK. The price registered a decrease of -0.03% on the session with the lowest point at 1.5299 SEK and the highest point at 1.5379 SEK. The deviation from the price is +0.32% for the low point and -0.20% for the high point.

1.5299

1.5379

1.5348

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:

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

Near a new HIGH record (5 years)

Type : Bullish

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/SEK indicates that the overall trend is strongly bullish. 92.86% of the signals given by moving averages are bullish. The overall trend is supported by the strong bullish signals from short-term moving averages. The Central Indicators scanner detects bullish signals on moving averages that could impact this trend:

Bullish trend reversal : adaptative moving average 50

Type : Bullish

Timeframe : 1 hour

Bullish price crossover with Moving Average 20

Type : Bullish

Timeframe : 1 hour

In fact, only 9 technical indicators out of 18 studied are currently bullish. Central Indicators, the scanner specialised in technical indicators, has identified these signals:

Pivot points : price is over resistance 1

Type : Neutral

Timeframe : Weekly

RSI indicator is back over 50

Type : Bullish

Timeframe : 1 hour

Williams %R indicator is back over -50

Type : Bullish

Timeframe : 1 hour

An analysis of the price chart with the Central Patterns scanner (detector of chart patterns and resistances and supports) shows several results that can have an impact on the price change:

Near horizontal support

Type : Bullish

Timeframe : 1 hour

Support of channel is broken

Type : Bearish

Timeframe : 1 hour

The Central Candlesticks scanner, specialised in Japanese candlesticks, did not identify any signals.

ProTrendLines

Price

	S3	S2	S1	Price	R1	R2	R3
ProTrendLines	1.5232	1.5261	1.5311	1.5348	1.5369	1.5505	1.5610
Change (%)	-0.76%	-0.57%	-0.24%	-	+0.14%	+1.02%	+1.71%
Change	-0.0116	-0.0087	-0.0037	-	+0.0021	+0.0157	+0.0262
Level	Minor	Minor	Major	-	Intermediate	Intermediate	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	1.5205	1.5241	1.5297	1.5333	1.5389	1.5425	1.5481
Camarilla	1.5328	1.5336	1.5345	1.5353	1.5361	1.5370	1.5378
Woodie	1.5215	1.5246	1.5307	1.5338	1.5399	1.5430	1.5491
Fibonacci	1.5241	1.5276	1.5298	1.5333	1.5368	1.5390	1.5425

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	1.5084	1.5135	1.5213	1.5264	1.5342	1.5393	1.5471
Camarilla	1.5257	1.5268	1.5280	1.5292	1.5304	1.5316	1.5328
Woodie	1.5099	1.5142	1.5228	1.5271	1.5357	1.5400	1.5486
Fibonacci	1.5135	1.5184	1.5214	1.5264	1.5313	1.5343	1.5393

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	1.4601	1.4882	1.5052	1.5333	1.5503	1.5784	1.5954
Camarilla	1.5097	1.5138	1.5180	1.5221	1.5262	1.5304	1.5345
Woodie	1.4545	1.4854	1.4996	1.5305	1.5447	1.5756	1.5898
Fibonacci	1.4882	1.5055	1.5161	1.5333	1.5506	1.5612	1.5784

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):	55.20
MACD (12,26,9):	0.0000
Directional Movement:	4.5724
AROON (14):	-35.7143
DEMA (21):	1.5344
Parabolic SAR (0,02-0,02-0,2):	1.5361
Elder Ray (13):	0.0009
Super Trend (3,10):	1.5373
Zig ZAG (10):	1.5350
VORTEX (21):	1.0103
Stochastique (14,3,5):	41.67
TEMA (21):	1.5334
Williams %R (14):	-35.00
Chande Momentum Oscillator (20):	-0.0002
Repulse (5,40,3):	0.1332
ROCnROLL:	1
TRIX (15,9):	0.0038
Courbe Coppock:	0.22

MA7:	1.5284
MA20:	1.5289
MA50:	1.5392
MA100:	1.5392
MAexp7:	1.5336
MAexp20:	1.5341
MAexp50:	1.5328
MAexp100:	1.5305
Price / MA7:	+0.42%
Price / MA20:	+0.39%
Price / MA50:	-0.29%
Price / MA100:	-0.29%
Price / MAexp7:	+0.08%
Price / MAexp20:	+0.05%
Price / MAexp50:	+0.13%
Price / MAexp100:	+0.28%

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 AI

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