EUR/DKK
EUR DKK
7.4590 DKK (+0.01%)
03/04/2025 - 23:05 Open Real time data - Forex
Open: 7.4584
Change: +0.0006
Volume: 16,203
Low: 7.4581
High: 7.4598
High / Low range: 0.0017
Type: Forex
Ticker: EURDKK
ISIN:

EUR/DKK - 1H - Technical analysis published on 01/31/2025 (GMT)

  • 94
  • 0
  • 01/31/2025 - 15:30
  • Timeframe : 1H
  • - Analysis generated on 01/31/2025 - 15:30
  • Status : NEUTRAL

Summary of the analysis

Trends
Short term: Neutral
Underlying: Slightly bearish
Technical indicators
44%
6%
50%
My opinion
Neutral between 7.4615 DKK and 7.4627 DKK
My targets
-
My analysis
The neutral short-term trend shows a weakening of the basic, slightly bearish trend on EUR/DKK. It is difficult to advise a trading direction under these conditions. The first support is located at 7.4615 DKK. The first resistance is located at 7.4627 DKK. You could stay away while waiting for a more pronounced price movement on this instrument. A new analysis could then be produced that would give clearer signals.

In the very short term, despite the neutral opinion of this analysis, technical indicators are bullish and could soon allow change to a bullish sentiment.

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 hsokkar. Take part yourself by sharing additional analysis on another time unit:
Daily Weekly

Additional analysis

Quotes

The EUR/DKK price is 7.4621 DKK. On the day, this instrument gained +0.01% with the lowest point at 7.4615 DKK and the highest point at 7.4623 DKK. The deviation from the price is +0.01% for the low point and +0.00% for the high point.

7.4615
7.4623
7.4621

A study of price movements over other periods shows the following variations:
Created with Raphaël 2.3.0-0.100.10.20.3January 1st3 years1 year6 months1 month5 daysToday
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 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


A technical analysis in 1H of this EUR/DKK chart shows a slightly bearish trend. Only 57.14% of the signals given by moving averages are bearish. This slightly bearish trend could return to neutral given the neutral signals also given by short-term moving averages. An assessment of moving averages reveals several bullish signals that could impact this trend:

Central Indicators

Bullish price crossover with adaptative moving average 20

Type : Bullish

Timeframe : 1 hour


Bullish price crossover with adaptative moving average 50

Type : Bullish

Timeframe : 1 hour



In fact, only 8 technical indicators out of 18 studied are currently bullish. Central Indicators, the scanner specialised in technical indicators, has identified these signals:

Central Indicators

RSI indicator is back over 50

Type : Bullish

Timeframe : 1 hour


Williams %R indicator is back over -50

Type : Bullish

Timeframe : 1 hour



The analysis of the price chart with Central Patterns scanners does not return any result.

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


ProTrendLines
S3
S2
S1
R1
R2
R3
Price


S3S2S1PriceR1R2R3
ProTrendLines 7.4611 7.4615 7.4619 7.4621 7.4624 7.4627 7.4635
Change (%) -0.01% -0.01% +0.00% - +0.00% +0.01% +0.02%
Change -0.0010 -0.0006 -0.0002 - +0.0003 +0.0006 +0.0014
Level Minor Intermediate Major - Minor Major Minor



Attention could also be paid to pivot points to set price objectives:

Daily
Pivot points S3 S2 S1 PP R1 R2 R3
Standard7.45977.46067.46117.46207.46257.46347.4639
Camarilla7.46137.46147.46167.46177.46187.46207.4621
Woodie7.45967.46057.46107.46197.46247.46337.4638
Fibonacci7.46067.46117.46147.46207.46257.46287.4634


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard7.45787.45897.46087.46197.46387.46497.4668
Camarilla7.46197.46227.46247.46277.46307.46337.4635
Woodie7.45827.45917.46127.46217.46427.46517.4672
Fibonacci7.45897.46017.46087.46197.46317.46387.4649


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard7.44987.45317.45537.45867.46087.46417.4663
Camarilla7.45597.45647.45697.45747.45797.45847.4589
Woodie7.44927.45287.45477.45837.46027.46387.4657
Fibonacci7.45317.45527.45657.45867.46077.46207.4641

Numerical data


The following is the status of technical indicators and moving averages registered at the time this technical analysis was created:

Technical indicators
Created with Raphaël 2.3.0Neutral9
Moving averages
Created with Raphaël 2.3.0Sell16

RSI (14): 51.07
MACD (12,26,9): -0.0001
Directional Movement: 2.9890
AROON (14): 0
DEMA (21): 7.4617
Parabolic SAR (0,02-0,02-0,2): 7.4616
Elder Ray (13): 0
Super Trend (3,10): 7.4624
Zig ZAG (10): 7.4619
VORTEX (21): 0.9828
Stochastique (14,3,5): 37.50
TEMA (21): 7.4617
Williams %R (14): -50.00
Chande Momentum Oscillator (20): 0.0001
Repulse (5,40,3): 0.0039
ROCnROLL: 1
TRIX (15,9): -0.0002
Courbe Coppock: 0.00
MA7: 7.4619
MA20: 7.4611
MA50: 7.4596
MA100: 7.4593
MAexp7: 7.4618
MAexp20: 7.4618
MAexp50: 7.4620
MAexp100: 7.4619
Price / MA7: +0.00%
Price / MA20: +0.01%
Price / MA50: +0.03%
Price / MA100: +0.04%
Price / MAexp7: +0.00%
Price / MAexp20: +0.00%
Price / MAexp50: +0.00%
Price / MAexp100: +0.00%

Quotes : 01/31/2025 - 15:30 - Real time data - Forex

This member declared not having a position on this financial instrument or a related financial instrument.

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