DKK/ZAR - 1H - Technical analysis published on 02/10/2025 (GMT)
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I am pleased to note that the threshold for invalidation has been maintained for 20 Candlesticks.
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- Timeframe : 1H
- - Analysis generated on
- Status : LEVEL MAINTAINED
Analysis too old. There are no more charts available.
Summary of the analysis
Trends
Short term:
Bearish
Underlying:
Strongly bearish
Technical indicators
39%
17%
44%
My opinion
Bearish under 2.5694 ZAR
My targets
2.5381 ZAR (-0.0207)
2.5234 ZAR (-0.0354)
My analysis
All elements being clearly bearish, it would be possible for traders to trade only short positions (for sale) on DKK/ZAR as long as the price remains well below 2.5694 ZAR. The next bearish objective for sellers is set at 2.5381 ZAR. A bearish break of this support would revive the bearish momentum. The sellers could then target the support located at 2.5234 ZAR. If there is any crossing, the next objective would be the support located at 2.4935 ZAR. Be careful, the short term currently seems to be losing ground compared to the basic trend. Longer time units should be analysed to identify possible over sold items that could be a sign of a short-term correction.
In the very short term, the general bearish opinion of this analysis is in opposition with technical indicators. As long as the invalidation level of this analysis is not breached, the bearish direction is still favored, however the current short term correction should be carefully watched.
Force
0
10
4.3
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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/ZAR rating 2.5588 ZAR. The price registered an increase of +0.38% on the session and was between 2.5560 ZAR and 2.5784 ZAR. This implies that the price is at +0.11% from its lowest and at -0.76% from its highest.2.5560
2.5784
2.5588
So that you have an overall view of the price change, here is a table showing the variations over several periods:
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
Technical analysis of DKK/ZAR in 1H shows a overall strongly bearish trend. 85.71% of the signals given by moving averages are bearish. This strongly bearish trend is showing signs of slowing down given the slightly bearish signals given by short-term moving averages. The Central Indicators market scanner is currently detecting several bearish and bullish signals that could impact this trend:
Bearish trend reversal : adaptative moving average 20
Type : Bearish
Timeframe : 1 hour
Bullish price crossover with Moving Average 20
Type : Bullish
Timeframe : 1 hour
Bullish price crossover with adaptative moving average 20
Type : Bullish
Timeframe : 1 hour
The probability of a further increase is slight given the direction of the technical indicators.
Central Indicators, the scanner specialised in technical indicators, has identified this signal:
Price is back under the pivot point
Type : Bearish
Timeframe : Weekly
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 resistance
Type : Bearish
Timeframe : 1 hour
Resistance of channel is broken
Type : Bullish
Timeframe : 1 hour
For a small rebound in the very short term, the Central Candlesticks scanner currently notes the presence of this bullish pattern in Japanese candlesticks:
Bullish harami
Type : Bullish
Timeframe : 1 hour
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 2.4658 | 2.4935 | 2.5381 | 2.5588 | 2.5694 | 2.5821 | 2.6024 |
| Change (%) | -3.63% | -2.55% | -0.81% | - | +0.41% | +0.91% | +1.70% |
| Change | -0.0930 | -0.0653 | -0.0207 | - | +0.0106 | +0.0233 | +0.0436 |
| Level | Major | Intermediate | Minor | - | Minor | Major | Intermediate |
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 | 2.5103 | 2.5275 | 2.5383 | 2.5555 | 2.5663 | 2.5835 | 2.5943 |
| Camarilla | 2.5413 | 2.5439 | 2.5464 | 2.5490 | 2.5516 | 2.5541 | 2.5567 |
| Woodie | 2.5070 | 2.5259 | 2.5350 | 2.5539 | 2.5630 | 2.5819 | 2.5910 |
| Fibonacci | 2.5275 | 2.5382 | 2.5448 | 2.5555 | 2.5662 | 2.5728 | 2.5835 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 2.4508 | 2.4978 | 2.5234 | 2.5704 | 2.5960 | 2.6430 | 2.6686 |
| Camarilla | 2.5290 | 2.5357 | 2.5424 | 2.5490 | 2.5557 | 2.5623 | 2.5690 |
| Woodie | 2.4401 | 2.4925 | 2.5127 | 2.5651 | 2.5853 | 2.6377 | 2.6579 |
| Fibonacci | 2.4978 | 2.5255 | 2.5427 | 2.5704 | 2.5981 | 2.6153 | 2.6430 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 2.4905 | 2.5304 | 2.5618 | 2.6017 | 2.6331 | 2.6730 | 2.7044 |
| Camarilla | 2.5737 | 2.5802 | 2.5868 | 2.5933 | 2.5998 | 2.6064 | 2.6129 |
| Woodie | 2.4864 | 2.5283 | 2.5577 | 2.5996 | 2.6290 | 2.6709 | 2.7003 |
| Fibonacci | 2.5304 | 2.5576 | 2.5744 | 2.6017 | 2.6289 | 2.6457 | 2.6730 |
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): | 46.13 | |
| MACD (12,26,9): | -0.0024 | |
| Directional Movement: | 3.5698 | |
| AROON (14): | 21.4286 | |
| DEMA (21): | 2.5557 | |
| Parabolic SAR (0,02-0,02-0,2): | 2.5480 | |
| Elder Ray (13): | -0.0009 | |
| Super Trend (3,10): | 2.5488 | |
| Zig ZAG (10): | 2.5582 | |
| VORTEX (21): | 0.8076 | |
| Stochastique (14,3,5): | 43.75 | |
| TEMA (21): | 2.5579 | |
| Williams %R (14): | -56.85 | |
| Chande Momentum Oscillator (20): | 0.0057 | |
| Repulse (5,40,3): | -0.2081 | |
| ROCnROLL: | -1 | |
| TRIX (15,9): | -0.0216 | |
| Courbe Coppock: | 0.24 |
| MA7: | 2.5733 | |
| MA20: | 2.5859 | |
| MA50: | 2.5776 | |
| MA100: | 2.5707 | |
| MAexp7: | 2.5591 | |
| MAexp20: | 2.5597 | |
| MAexp50: | 2.5673 | |
| MAexp100: | 2.5766 | |
| Price / MA7: | -0.56% | |
| Price / MA20: | -1.05% | |
| Price / MA50: | -0.73% | |
| Price / MA100: | -0.46% | |
| Price / MAexp7: | -0.01% | |
| Price / MAexp20: | -0.04% | |
| Price / MAexp50: | -0.33% | |
| Price / MAexp100: | -0.69% |
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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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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