NZD/DKK - 1H - Technical analysis published on 07/27/2021 (GMT)
- 229
- 0
- Timeframe : 1H
- - Analysis generated on
- Status : NEUTRAL
Analysis too old. There are no more charts available.
Summary of the analysis
Trends
Short term:
Bearish
Underlying:
Slightly bullish
Technical indicators
17%
39%
44%
My opinion
Neutral between 4.3879 DKK and 4.4099 DKK
My targets
-
My analysis
The short-term decline on NZD/DKK remains moderate but it could call into question the slightly bullish basic trend. It is difficult to advise a trading direction under these conditions. The first support is located at 4.3879 DKK. The first resistance is located at 4.4099 DKK. You could remain on the sidelines waiting for a more pronounced price movement on this instrument. A new analysis could then be carried out to provide clearer signals.
In the very short term, technical indicators are bearish and could soon allow change to a bearish 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 Vincent Launay. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
The NZD/DKK price is 4.4018 DKK. On the day, this instrument lost -0.20% and was traded between 4.4008 DKK and 4.4109 DKK over the period. The price is currently at +0.02% from its lowest and -0.21% from its highest.4.4008
4.4109
4.4018
Here is a more detailed summary of the historical variations registered by NZD/DKK:
Technical
A technical analysis in 1H of this NZD/DKK chart shows a slightly bullish trend. 60.71% of the signals given by moving averages are bullish. Caution: the slightly bearish signals currently given by short-term moving averages indicate that the overall trend could be reversed. The Central Indicators scanner detects bearish signals on moving averages that could impact this trend:
Bearish price crossover with Moving Average 20
Type : Bearish
Timeframe : 1 hour
Bearish price crossover with Moving Average 50
Type : Bearish
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:
RSI indicator is back under 50
Type : Bearish
Timeframe : 1 hour
Ichimoku : price is over the cloud
Type : Bullish
Timeframe : 1 hour
Price is back under the pivot point
Type : Bearish
Timeframe : 1 hour
The Central Patterns scanner, which studies chart patterns, resistances and supports, has identified these signals:
Horizontal support is broken
Type : Bearish
Timeframe : 1 hour
Support of channel is broken
Type : Bearish
Timeframe : 1 hour
The Central Candlesticks scanner currently notes the presence of this pattern in Japanese candlesticks that could mark the end of the short-term trend currently underway:
Black hanging man / hammer
Type : Neutral
Timeframe : 1 hour
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 4.3464 | 4.3607 | 4.3879 | 4.4018 | 4.4099 | 4.4176 | 4.4235 |
| Change (%) | -1.26% | -0.93% | -0.32% | - | +0.18% | +0.36% | +0.49% |
| Change | -0.0554 | -0.0411 | -0.0139 | - | +0.0081 | +0.0158 | +0.0217 |
| Level | Major | Minor | Major | - | Minor | Minor | 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 | 4.3701 | 4.3797 | 4.3951 | 4.4047 | 4.4201 | 4.4297 | 4.4451 |
| Camarilla | 4.4035 | 4.4058 | 4.4081 | 4.4104 | 4.4127 | 4.4150 | 4.4173 |
| Woodie | 4.3729 | 4.3812 | 4.3979 | 4.4062 | 4.4229 | 4.4312 | 4.4479 |
| Fibonacci | 4.3797 | 4.3893 | 4.3952 | 4.4047 | 4.4143 | 4.4202 | 4.4297 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 4.2994 | 4.3250 | 4.3665 | 4.3921 | 4.4336 | 4.4592 | 4.5007 |
| Camarilla | 4.3897 | 4.3958 | 4.4020 | 4.4081 | 4.4143 | 4.4204 | 4.4266 |
| Woodie | 4.3075 | 4.3290 | 4.3746 | 4.3961 | 4.4417 | 4.4632 | 4.5088 |
| Fibonacci | 4.3250 | 4.3506 | 4.3664 | 4.3921 | 4.4177 | 4.4335 | 4.4592 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 4.2550 | 4.2988 | 4.3434 | 4.3872 | 4.4318 | 4.4756 | 4.5202 |
| Camarilla | 4.3636 | 4.3717 | 4.3798 | 4.3879 | 4.3960 | 4.4041 | 4.4122 |
| Woodie | 4.2553 | 4.2990 | 4.3437 | 4.3874 | 4.4321 | 4.4758 | 4.5205 |
| Fibonacci | 4.2988 | 4.3326 | 4.3535 | 4.3872 | 4.4210 | 4.4419 | 4.4756 |
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): | 47.47 | |
| MACD (12,26,9): | 0.0003 | |
| Directional Movement: | -7.4964 | |
| AROON (14): | -57.1429 | |
| DEMA (21): | 4.4064 | |
| Parabolic SAR (0,02-0,02-0,2): | 4.4107 | |
| Elder Ray (13): | -0.0025 | |
| Super Trend (3,10): | 4.3982 | |
| Zig ZAG (10): | 4.4023 | |
| VORTEX (21): | 1.0908 | |
| Stochastique (14,3,5): | 22.26 | |
| TEMA (21): | 4.4069 | |
| Williams %R (14): | -90.91 | |
| Chande Momentum Oscillator (20): | -0.0057 | |
| Repulse (5,40,3): | -0.0901 | |
| ROCnROLL: | -1 | |
| TRIX (15,9): | 0.0032 | |
| Courbe Coppock: | 0.00 |
| MA7: | 4.3945 | |
| MA20: | 4.3971 | |
| MA50: | 4.3937 | |
| MA100: | 4.4156 | |
| MAexp7: | 4.4056 | |
| MAexp20: | 4.4064 | |
| MAexp50: | 4.4047 | |
| MAexp100: | 4.4007 | |
| Price / MA7: | +0.17% | |
| Price / MA20: | +0.11% | |
| Price / MA50: | +0.18% | |
| Price / MA100: | -0.31% | |
| Price / MAexp7: | -0.09% | |
| Price / MAexp20: | -0.10% | |
| Price / MAexp50: | -0.07% | |
| Price / MAexp100: | +0.02% |
Quotes :
-
Real time data
-
Forex
This member declared not having a position on this financial instrument or a related financial instrument.
About author
Online
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 NZD/DKK - 1H