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DKK/SGD
DKK SGD
- SGD (-)
- Real time data - Forex
Open: -
Change: -
Volume: -
Low: -
High: -
High / Low range: -
Type: Forex
Ticker: DKKSGD
ISIN:

DKK/SGD - 1H - Technical analysis published on 02/24/2023 (GMT)

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  • Timeframe : 1H
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Summary of the analysis

Trends
Short term: Neutral
Underlying: Bearish
Technical indicators
33%
17%
50%
My opinion
Bearish under 0.1911 SGD
My targets
0.1904 SGD (-0.0006)
0.1890 SGD (-0.0020)
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 0.1911 SGD remains possible. It is advisable to trade DKK/SGD with the greatest caution, while favouring short positions (for sale) as long as the price remains well below 0.1911 SGD. The next bearish objective for sellers is set at 0.1904 SGD. A bearish break of this support would revive the bearish momentum. The sellers could then target the support located at 0.1890 SGD. In case of crossing, the next objective would be the support located at 0.1873 SGD. PS: if there is a bullish break in the resistance located at 0.1911 SGD 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, technical indicators are neutral, but do not change the general bearish opinion of this analysis.
Force
0
10
3.8

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.

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This analysis was given by Londinia. Take part yourself by sharing additional analysis on another time unit:
15 min. Daily Weekly

Additional analysis

Quotes

DKK/SGD rating 0.1910 SGD. The price is lower by -0.05% since the last closing with the lowest point at 0.1908 SGD and the highest point at 0.1914 SGD. The deviation from the price is +0.10% for the low point and -0.21% for the high point.

0.1908
0.1914
0.1910

Here is a more detailed summary of the historical variations registered by DKK/SGD:
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 LOW record (1 year)

Type : Bearish

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


A technical analysis in 1H of this DKK/SGD chart shows a bearish trend. 75.00% 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 detects bearish signals on moving averages that could impact this trend:

Central Indicators

Bearish price crossover with Moving Average 20

Type : Bearish

Timeframe : 1 hour


Bearish price crossover with Moving Average 50

Type : Bearish

Timeframe : 1 hour


Bearish price crossover with adaptative moving average 20

Type : Bearish

Timeframe : 1 hour



An assessment of technical indicators does not currently provide any relevant information to suggest whether the signal given by the technical indicators is more bullish or bearish.
Caution: the Central Indicators scanner currently detects an excess:

Central Indicators

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:

Central Indicators

MACD indicator is back under 0

Type : Bearish

Timeframe : 1 hour


Price is back over the pivot point

Type : Bullish

Timeframe : 1 hour


Price is back under the pivot point

Type : Bearish

Timeframe : Weekly



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

Central Patterns

Near support of triangle

Type : Bullish

Timeframe : 1 hour



The Central Candlesticks scanner which studies Japanese candlesticks did not detect anything.


ProTrendLines
S3
S2
S1
R1
R2
R3
Price


S3S2S1R1PriceR2R3
ProTrendLines 0.1890 0.1904 0.1909 0.1910 0.1910 0.1911 0.1914
Change (%) -1.05% -0.31% -0.05% 0% - +0.05% +0.21%
Change -0.0020 -0.0006 -0.0001 0 - +0.0001 +0.0004
Level Minor Intermediate Major Intermediate - Minor 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
Standard0.19000.19040.19080.19120.19160.19200.1924
Camarilla0.19090.19100.19100.19110.19120.19130.1913
Woodie0.18990.19040.19070.19120.19150.19200.1923
Fibonacci0.19040.19070.19090.19120.19150.19170.1920


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard0.18910.18970.19090.19150.19270.19330.1945
Camarilla0.19150.19170.19180.19200.19220.19230.1925
Woodie0.18930.18990.19110.19170.19290.19350.1947
Fibonacci0.18970.19040.19090.19150.19220.19270.1933


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard0.18640.18820.19000.19180.19360.19540.1972
Camarilla0.19090.19120.19160.19190.19220.19260.1929
Woodie0.18650.18820.19010.19180.19370.19540.1973
Fibonacci0.18820.18950.19040.19180.19310.19400.1954

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): 45.24
MACD (12,26,9): 0.0000
Directional Movement: -4.5014
AROON (14): -35.7143
DEMA (21): 0.1912
Parabolic SAR (0,02-0,02-0,2): 0.1914
Elder Ray (13): 0
Super Trend (3,10): 0.1909
Zig ZAG (10): 0.1911
VORTEX (21): 1.0270
Stochastique (14,3,5): 55.56
TEMA (21): 0.1912
Williams %R (14): -50.00
Chande Momentum Oscillator (20): -0.0001
Repulse (5,40,3): -0.0703
ROCnROLL: 2
TRIX (15,9): 0.0005
Courbe Coppock: 0.02
MA7: 0.1914
MA20: 0.1915
MA50: 0.1920
MA100: 0.1910
MAexp7: 0.1912
MAexp20: 0.1912
MAexp50: 0.1912
MAexp100: 0.1913
Price / MA7: -0.21%
Price / MA20: -0.26%
Price / MA50: -0.52%
Price / MA100: -0%
Price / MAexp7: -0.10%
Price / MAexp20: -0.10%
Price / MAexp50: -0.10%
Price / MAexp100: -0.16%

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
Londinia AI

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