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

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

  • 54
  • 0
Oops, I was wrong about that analysis. My threshold for invalidation has been broken.
Click here for a new analysis!
  • Timeframe : 1H
  • - Analysis generated on
  • Status : INVALID

Summary of the analysis

Trends
Short term: Bullish
Underlying: Strongly bullish
Technical indicators
17%
44%
39%
My opinion
Bullish above 0.04634 DKK
My targets
0.04661 DKK (+0.00005)
0.04693 DKK (+0.00037)
My analysis
The basic bullish trend is very strong on JPY/DKK but the short term shows some signs of running out of steam. However, a purchase could be considered as long as the price remains above 0.04634 DKK. Crossing the first resistance at 0.04661 DKK would be a sign of a potential new surge in the price. Buyers would then use the next resistance located at 0.04693 DKK as an objective. Crossing it would then enable buyers to target 0.04756 DKK. Caution, a return to below 0.04634 DKK would be a sign of a consolidation phase in the short-term basic trend. If this is the case, remember that trading against the trend may be riskier. It would seem more appropriate to wait for a signal indicating reversal of the trend.

Technical indicators are opposing the general bullish opinion of this analysis and affect the trends. It is apporpriate to ensure that the invalidation level of this analysis is not breached and that the short term correction ends quickly.
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.

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

Additional analysis

Quotes

JPY/DKK rating 0.04656 DKK. The price is lower by -0.04% since the last closing and was traded between 0.04634 DKK and 0.04667 DKK over the period. The price is currently at +0.47% from its lowest and -0.24% from its highest.

0.04634
0.04667
0.04656

Here is a more detailed summary of the historical variations registered by JPY/DKK:
The Central Records scanner for higher/lower results shows the following items:

Central Records

Near a new HIGH record (1 year)

Type : Bullish

Timeframe : Weekly


Near a new LOW record (1st january)

Type : Bearish

Timeframe : Weekly


Near a new LOW record (1 month)

Type : Bearish

Timeframe : Weekly



Technical


Technical analysis of this 1H chart of JPY/DKK indicates that the overall trend is strongly bullish. 85.71% of the signals given by moving averages are bullish. The slightly bullish signals given by the short-term moving averages show a weakening of the global trend. An assessment of moving averages reveals a bullish signal that could impact this trend:

Central Indicators

Bullish price crossover with Moving Average 20

Type : Bullish

Timeframe : 1 hour



The probability of a further decline is low given the direction of the technical indicators.
Central Indicators, the detector scanner for these technical indicators has recently detected several signals:

Central Indicators

Pivot points : price is over resistance 1

Type : Neutral

Timeframe : Weekly


RSI indicator is back over 50

Type : Bullish

Timeframe : 1 hour


Parabolic SAR indicator bullish reversal

Type : Bullish

Timeframe : 1 hour


Williams %R indicator is back over -50

Type : Bullish

Timeframe : 1 hour



Central Patterns, the market scanner focusing on chart patterns, resistances and supports found these results:

Central Patterns

Near horizontal support

Type : Bullish

Timeframe : 1 hour


Support of channel is broken

Type : Bearish

Timeframe : 1 hour



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


ProTrendLines
S3
S2
S1
R1
R2
R3
Price


S3S2S1PriceR1R2R3
ProTrendLines 0.04596 0.04608 0.04634 0.04656 0.04661 0.04756 0.04985
Change (%) -1.29% -1.03% -0.47% - +0.11% +2.15% +7.07%
Change -0.00060 -0.00048 -0.00022 - +0.00005 +0.00100 +0.00329
Level Minor Intermediate Minor - Major Major 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
Standard0.045800.045960.046270.046430.046740.046900.04721
Camarilla0.046450.046490.046540.046580.046620.046670.04671
Woodie0.045880.046000.046350.046470.046820.046940.04729
Fibonacci0.045960.046140.046250.046430.046610.046720.04690


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard0.044110.044790.045180.045860.046250.046930.04732
Camarilla0.045280.045370.045470.045570.045670.045770.04586
Woodie0.043970.044720.045040.045790.046110.046860.04718
Fibonacci0.044790.045200.045450.045860.046270.046520.04693


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard0.042260.043750.044780.046270.047300.048790.04982
Camarilla0.045120.045350.045580.045810.046040.046270.04650
Woodie0.042030.043640.044550.046160.047070.048680.04959
Fibonacci0.043750.044710.045310.046270.047230.047830.04879

Numerical data


The following are the details of the technical indicators and moving averages that were collected to generate this technical analysis:

Technical indicators
Moving averages

RSI (14): 44.60
MACD (12,26,9): 0.0000
Directional Movement: -0.58785
AROON (14): -42.85715
DEMA (21): 0.04648
Parabolic SAR (0,02-0,02-0,2): 0.04656
Elder Ray (13): -0.00007
Super Trend (3,10): 0.04633
Zig ZAG (10): 0.04639
VORTEX (21): 0.9947
Stochastique (14,3,5): 23.23
TEMA (21): 0.04643
Williams %R (14): -87.88
Chande Momentum Oscillator (20): -0.00023
Repulse (5,40,3): -0.1564
ROCnROLL: -1
TRIX (15,9): 0.0104
Courbe Coppock: 0.38
MA7: 0.04610
MA20: 0.04605
MA50: 0.04623
MA100: 0.04607
MAexp7: 0.04644
MAexp20: 0.04645
MAexp50: 0.04637
MAexp100: 0.04625
Price / MA7: +1.00%
Price / MA20: +1.11%
Price / MA50: +0.71%
Price / MA100: +1.06%
Price / MAexp7: +0.26%
Price / MAexp20: +0.24%
Price / MAexp50: +0.41%
Price / MAexp100: +0.67%

Quotes : - Real time data - Forex

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

About author

Online

Overall rating :
15453
Number of analyses :
Followers :
0
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…

Add a comment

Comments

0 comments on the analysis JPY/DKK - 1H