DKK/ZAR

- ZAR (-)

- Real time data - Forex

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Change:	-
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Type:	Forex
Ticker:	DKKZAR
ISIN:

DKK/ZAR - 1H - Technical analysis published on 04/02/2025 (GMT)

Londinia

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Timeframe : 1H
- Analysis generated on
Status : TARGET REACHED

Summary of the analysis

Trends

Short term: Strongly bullish

Underlying: Strongly bullish

Technical indicators

89%

11%

My opinion

Bullish above 2.6770 ZAR

My targets

2.6934 ZAR (+0.0069)

2.7096 ZAR (+0.0231)

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/ZAR as long as the price remains well above 2.6770 ZAR. The buyers' bullish objective is set at 2.6934 ZAR. A bullish break in this resistance would boost the bullish momentum. The buyers could then target the resistance located at 2.7096 ZAR. If there is any crossing, the next objective would be the resistance located at 2.8098 ZAR. However, beware of bullish excesses that could lead to a possible short-term correction; but this possible correction would not be tradeable.

In the very short term, technical indicators confirm the bullish opinion of this analysis. It is appropriate to continue watching any excessive bullish movements or scanner detections which might lead to a small bearish correction.

Force

8.9

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/ZAR price is 2.6865 ZAR. On the day, this instrument gained +0.46% with the lowest point at 2.6729 ZAR and the highest point at 2.6893 ZAR. The deviation from the price is +0.51% for the low point and -0.10% for the high point.

2.6729

2.6893

2.6865

Here is a more detailed summary of the historical variations registered by DKK/ZAR:

Technical

Technical analysis of DKK/ZAR in 1H shows a strongly overall bullish trend. The signals given by the moving averages are 92.86% bullish. This strong bullish trend is confirmed by the strong signals currently being given by short-term moving averages. There is no crossing of moving average by the price or crossing of moving averages between themselves.

The probability of a further increase is high given the direction of the technical indicators.
The Central Indicators scanner found this result concerning these indicators:

Pivot points : price is over resistance 1 (Daily)

Type : Neutral

Timeframe : 1 hour

Central Patterns, the scanner specializing in chart patterns, did not identify any signals.

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

ProTrendLines

Price

	S3	S2	S1	Price	R1	R2
ProTrendLines	2.6463	2.6690	2.6770	2.6865	2.7096	2.8098
Change (%)	-1.50%	-0.65%	-0.35%	-	+0.86%	+4.59%
Change	-0.0402	-0.0175	-0.0095	-	+0.0231	+0.1233
Level	Major	Minor	Major	-	Intermediate	Major

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	2.6228	2.6346	2.6543	2.6661	2.6858	2.6976	2.7173
Camarilla	2.6654	2.6683	2.6712	2.6741	2.6770	2.6799	2.6828
Woodie	2.6269	2.6366	2.6584	2.6681	2.6899	2.6996	2.7214
Fibonacci	2.6346	2.6466	2.6540	2.6661	2.6781	2.6855	2.6976

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	2.5744	2.5958	2.6339	2.6553	2.6934	2.7148	2.7529
Camarilla	2.6556	2.6611	2.6666	2.6720	2.6775	2.6829	2.6884
Woodie	2.5828	2.6000	2.6423	2.6595	2.7018	2.7190	2.7613
Fibonacci	2.5958	2.6185	2.6326	2.6553	2.6780	2.6921	2.7148

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	2.4992	2.5471	2.6013	2.6492	2.7034	2.7513	2.8055
Camarilla	2.6275	2.6369	2.6462	2.6556	2.6650	2.6743	2.6837
Woodie	2.5025	2.5487	2.6046	2.6508	2.7067	2.7529	2.8088
Fibonacci	2.5471	2.5861	2.6102	2.6492	2.6882	2.7123	2.7513

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):	70.29
MACD (12,26,9):	0.0056
Directional Movement:	26.9922
AROON (14):	100.0000
DEMA (21):	2.6795
Parabolic SAR (0,02-0,02-0,2):	2.6708
Elder Ray (13):	0.0088
Super Trend (3,10):	2.6664
Zig ZAG (10):	2.6885
VORTEX (21):	1.1347
Stochastique (14,3,5):	94.84
TEMA (21):	2.6822
Williams %R (14):	-8.02
Chande Momentum Oscillator (20):	0.0167
Repulse (5,40,3):	0.4666
ROCnROLL:	1
TRIX (15,9):	0.0233
Courbe Coppock:	1.10

MA7:	2.6575
MA20:	2.6534
MA50:	2.6154
MA100:	2.5931
MAexp7:	2.6793
MAexp20:	2.6726
MAexp50:	2.6654
MAexp100:	2.6587
Price / MA7:	+1.09%
Price / MA20:	+1.25%
Price / MA50:	+2.72%
Price / MA100:	+3.60%
Price / MAexp7:	+0.27%
Price / MAexp20:	+0.52%
Price / MAexp50:	+0.79%
Price / MAexp100:	+1.05%

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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