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

NZD/DKK - 1H - Technical analysis published on 01/06/2025 (GMT)

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  • Timeframe : 1H
  • - Analysis generated on
  • Status : INVALID

Summary of the analysis

Trends
Short term: Neutral
Underlying: Bullish
Technical indicators
17%
39%
44%
My opinion
Bullish above 4.0518 DKK
My targets
4.0646 DKK (+0.0057)
4.0751 DKK (+0.0162)
My analysis
We are currently in a phase of short-term indecision. In a case like this, you could favour trades in the direction of the basic trend on NZD/DKK. As long as you are above the support located at 4.0518 DKK, traders with an aggressive trading strategy could consider a purchase. A cross of the resistance located at 4.0646 DKK would be a signal that the basic trade will reverse and the short-term trend could then quickly become bullish. Buyers would then use the next resistance located at 4.0751 DKK as an objective. Crossing it would then enable buyers to target 4.0802 DKK. If the support 4.0518 DKK were to be broken, this would simply be a sign of a possible continuation of short-term consolidation and trading against the trend would then perhaps be more risky.

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
1.3

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

The NZD/DKK rating is 4.0589 DKK. The price registered a decrease of -0.04% on the session and was traded between 4.0573 DKK and 4.0755 DKK over the period. The price is currently at +0.04% from its lowest and -0.41% from its highest.

4.0573
4.0755
4.0589

So that you have an overall view of the price change, here is a table showing the variations over several periods:
The study of the highest / lowest by the Central Records scanner shows the following results:

Central Records

Near a new LOW record (1 year)

Type : Bearish

Timeframe : Weekly


Near a new LOW record (1st january)

Type : Bearish

Timeframe : Weekly


Near a new HIGH record (1 month)

Type : Bullish

Timeframe : Weekly



Technical


Technical analysis of NZD/DKK in 1H shows an overall bullish trend. 67.86% of the signals given by moving averages are bullish. Caution: the neutral signals currently given by the short-term moving averages indicate that this bullish trend is showing signs of running out of steam. An assessment of moving averages reveals several bearish signals that could impact this trend:

Central Indicators

Moving Average bearish crossovers : MA20 & MA50

Type : Bearish

Timeframe : 1 hour


Bearish price crossover with Moving Average 20

Type : Bearish

Timeframe : 1 hour


Bearish price crossover with Moving Average 50

Type : Bearish

Timeframe : 1 hour


Bearish price crossover with adaptative moving average 20

Type : Bearish

Timeframe : 1 hour


Bearish price crossover with adaptative moving average 50

Type : Bearish

Timeframe : 1 hour



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

Central Indicators

Price is back under the pivot point

Type : Bearish

Timeframe : 1 hour



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:

Central Patterns

Near horizontal resistance

Type : Bearish

Timeframe : 1 hour


Resistance of channel is broken

Type : Bullish

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 4.0367 4.0435 4.0518 4.0589 4.0591 4.0646 4.0751
Change (%) -0.55% -0.38% -0.17% - +0.00% +0.14% +0.40%
Change -0.0222 -0.0154 -0.0071 - +0.0002 +0.0057 +0.0162
Level Intermediate Minor Major - Intermediate Minor 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
Standard4.03514.04604.05334.06424.07154.08244.0897
Camarilla4.05564.05734.05894.06064.06234.06394.0656
Woodie4.03334.04514.05154.06334.06974.08154.0879
Fibonacci4.04604.05304.05734.06424.07124.07554.0824


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard3.97063.99654.02854.05444.08644.11234.1443
Camarilla4.04474.05004.05534.06064.06594.07124.0765
Woodie3.97383.99804.03174.05594.08964.11384.1475
Fibonacci3.99654.01864.03234.05444.07654.09024.1123


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard3.79883.91053.96974.08144.14064.25234.3115
Camarilla3.98183.99754.01314.02884.04454.06014.0758
Woodie3.77253.89743.94344.06834.11434.23924.2852
Fibonacci3.91053.97584.01624.08144.14674.18714.2523

Numerical data


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

Technical indicators
Moving averages

RSI (14): 51.10
MACD (12,26,9): 0.0011
Directional Movement: -1.8301
AROON (14): 35.7142
DEMA (21): 4.0656
Parabolic SAR (0,02-0,02-0,2): 4.0734
Elder Ray (13): -0.0010
Super Trend (3,10): 4.0587
Zig ZAG (10): 4.0604
VORTEX (21): 0.9850
Stochastique (14,3,5): 27.46
TEMA (21): 4.0640
Williams %R (14): -94.32
Chande Momentum Oscillator (20): -0.0045
Repulse (5,40,3): -0.2356
ROCnROLL: 2
TRIX (15,9): 0.0035
Courbe Coppock: 0.18
MA7: 4.0442
MA20: 4.0716
MA50: 4.1160
MA100: 4.1438
MAexp7: 4.0639
MAexp20: 4.0649
MAexp50: 4.0604
MAexp100: 4.0541
Price / MA7: +0.36%
Price / MA20: -0.31%
Price / MA50: -1.39%
Price / MA100: -2.05%
Price / MAexp7: -0.12%
Price / MAexp20: -0.15%
Price / MAexp50: -0.04%
Price / MAexp100: +0.12%

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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