DKK/SEK

- SEK (-)

- Real time data - Forex

Open:	-
Change:	-
Volume:	-

Low:	-
High:	-
High / Low range:	-

Type:	Forex
Ticker:	DKKSEK
ISIN:

DKK/SEK - 1H - Technical analysis published on 10/30/2024 (GMT)

Londinia

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

Summary of the analysis

Trends

Short term: Strongly bullish

Underlying: Strongly bullish

Technical indicators

83%

17%

My opinion

Bullish above 1.5473 SEK

My targets

1.5610 SEK (+0.0075)

1.5751 SEK (+0.0216)

My analysis

All elements being clearly bullish, it would be possible for traders to trade only long positions (at the time of purchase) on DKK/SEK as long as the price remains well above 1.5473 SEK. The buyers' bullish objective is set at 1.5610 SEK. A bullish break in this resistance would boost the bullish momentum. The buyers could then target the resistance located at 1.5751 SEK. If there is any crossing, the next objective would be the resistance located at 1.6029 SEK. However, beware of bullish excesses that could lead to a possible short-term correction; but this possible correction would not be tradeable.

Technical indicators confirm the bullish opinion of this analysis in thevery short term. However, be careful of excessive bullish movements. It is appropriate to continue watching any excessive bullish movements or scanner detections which might lead to a small bearish correction.

Force

8.8

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

The DKK/SEK price is 1.5535 SEK. The price has increased by +0.71% since the last closing and was traded between 1.5417 SEK and 1.5540 SEK over the period. The price is currently at +0.77% from its lowest and -0.03% from its highest.

1.5417

1.5540

1.5535

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:

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 LOW record (1st january)

Type : Bearish

Timeframe : Weekly

New HIGH record (1 month)

Type : Bullish

Timeframe : Weekly

Technical

A technical analysis in 1H of this DKK/SEK chart shows a strongly bullish trend. 92.86% of the signals given by moving averages are bullish. This strongly bullish trend is supported by the strong bullish signals given by short-term moving averages. There is no crossing of moving average by the price or crossing of moving averages between themselves.

An assessment of technical indicators shows a strong bullish signal.
Caution: the Central Indicators scanner currently detects an excess:

RSI indicator is overbought : over 80

Type : Neutral

Timeframe : 1 hour

CCI indicator is overbought : over 100

Type : Neutral

Timeframe : 1 hour

Previous candle closed over Bollinger bands

Type : Neutral

Timeframe : 1 hour

Williams %R indicator is overbought : over -20

Type : Neutral

Timeframe : 1 hour

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

Pivot points : price is over resistance 2

Type : Neutral

Timeframe : 1 hour

Pivot points : price is over resistance 2

Type : Neutral

Timeframe : Weekly

The Central Patterns scanner, which studies chart patterns, resistances and supports, has identified this signal:

Resistance of channel is broken

Type : Bullish

Timeframe : 1 hour

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

ProTrendLines

Price

	S3	S2	S1	Price	R1	R2	R3
ProTrendLines	1.5421	1.5452	1.5473	1.5535	1.5549	1.5610	1.5751
Change (%)	-0.73%	-0.53%	-0.40%	-	+0.09%	+0.48%	+1.39%
Change	-0.0114	-0.0083	-0.0062	-	+0.0014	+0.0075	+0.0216
Level	Intermediate	Minor	Intermediate	-	Intermediate	Minor	Major

To determine price objectives, it is also possible to use the pivot points. Here is the price position in relation to pivot points:

Daily

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	1.5323	1.5363	1.5394	1.5434	1.5465	1.5505	1.5536
Camarilla	1.5407	1.5413	1.5420	1.5426	1.5433	1.5439	1.5446
Woodie	1.5320	1.5361	1.5391	1.5432	1.5462	1.5503	1.5533
Fibonacci	1.5363	1.5390	1.5407	1.5434	1.5461	1.5478	1.5505

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	1.5165	1.5209	1.5290	1.5334	1.5415	1.5459	1.5540
Camarilla	1.5338	1.5349	1.5361	1.5372	1.5384	1.5395	1.5406
Woodie	1.5185	1.5218	1.5310	1.5343	1.5435	1.5468	1.5560
Fibonacci	1.5209	1.5256	1.5286	1.5334	1.5381	1.5411	1.5459

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	1.4745	1.4911	1.5046	1.5212	1.5347	1.5513	1.5648
Camarilla	1.5097	1.5125	1.5152	1.5180	1.5208	1.5235	1.5263
Woodie	1.4729	1.4903	1.5030	1.5204	1.5331	1.5505	1.5632
Fibonacci	1.4911	1.5026	1.5097	1.5212	1.5327	1.5398	1.5513

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):	79.19
MACD (12,26,9):	0.0024
Directional Movement:	25.4636
AROON (14):	85.7142
DEMA (21):	1.5495
Parabolic SAR (0,02-0,02-0,2):	1.5471
Elder Ray (13):	0.0051
Super Trend (3,10):	1.5467
Zig ZAG (10):	1.5532
VORTEX (21):	1.2295
Stochastique (14,3,5):	91.69
TEMA (21):	1.5511
Williams %R (14):	-6.50
Chande Momentum Oscillator (20):	0.0100
Repulse (5,40,3):	0.2653
ROCnROLL:	1
TRIX (15,9):	0.0111
Courbe Coppock:	0.96

MA7:	1.5383
MA20:	1.5300
MA50:	1.5256
MA100:	1.5306
MAexp7:	1.5504
MAexp20:	1.5469
MAexp50:	1.5439
MAexp100:	1.5406
Price / MA7:	+0.99%
Price / MA20:	+1.54%
Price / MA50:	+1.83%
Price / MA100:	+1.50%
Price / MAexp7:	+0.20%
Price / MAexp20:	+0.43%
Price / MAexp50:	+0.62%
Price / MAexp100:	+0.84%

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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