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

USD/DKK - 1H - Technical analysis published on 04/11/2022 (GMT)

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Londinia
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  • Timeframe : 1H
  • - Analysis generated on
  • Status : LEVEL MAINTAINED

Analysis too old. There are no more charts available.

Summary of the analysis

Trends
Short term: Strongly bearish
Underlying: Bearish
Technical indicators
22%
61%
17%
My opinion
Bearish under 6.8501 DKK
My targets
6.7683 DKK (-0.0380)
6.7286 DKK (-0.0777)
My analysis
USD/DKK is part of a very strong bearish trend. Traders may consider trading only short positions (for sale) as long as the price remains well below 6.8501 DKK. The next support located at 6.7683 DKK is the next bearish objective to target. A bearish break of this support would revive the bearish momentum. The bearish movement could then continue towards the next support located at 6.7286 DKK. Below this support, sellers could then target 6.6805 DKK.

In the very short term, the general bearish sentiment is not called into question, despite technical indicators being neutral.
Force
0
10
4.8

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.

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

Additional analysis

Quotes

USD/DKK rating 6.8063 DKK. On the day, this instrument lost -0.46% with the lowest point at 6.8022 DKK and the highest point at 6.8396 DKK. The deviation from the price is +0.06% for the low point and -0.49% for the high point.

6.8022
6.8396
6.8063

The Central Gaps scanner detects the formation of a bearish gap marking the strong presence of sellers ahead of buyers at the opening. This formed a quotation gap.

Central Gaps

Opening Gap DOWN

Type : Bearish

Timeframe : Openning



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

Central Records

Near a new HIGH record (5 years)

Type : Bullish

Timeframe : Weekly


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 USD/DKK indicates that the overall trend is bearish. The signals given by moving averages are 67.86% bearish. This bearish trend is reinforced by the strong signals currently being given by short-term moving averages. An assessment of moving averages reveals a bearish signal that could impact this trend:

Central Indicators

Bearish trend reversal : Moving Average 50

Type : Bearish

Timeframe : 1 hour



An assessment of technical indicators does not currently provide any relevant information to suggest whether the signal given by the technical indicators is more bullish or bearish.
Caution: the Central Indicators scanner currently detects an excess:

Central Indicators

CCI indicator is oversold : under -100

Type : Neutral

Timeframe : 1 hour


Williams %R indicator is oversold : under -80

Type : Neutral

Timeframe : 1 hour

Central Indicators, the detector scanner for these technical indicators has recently detected several signals:

Central Indicators

Pivot points : price is under support 2

Type : Neutral

Timeframe : 1 hour


Price is back over the pivot point

Type : Bullish

Timeframe : Weekly


Momentum indicator is back under 0

Type : Bearish

Timeframe : 1 hour



The Central Patterns scanner, which studies chart patterns, resistances and supports, has identified these signals:

Central Patterns

Near horizontal support

Type : Bullish

Timeframe : 1 hour


Support of channel is broken

Type : Bearish

Timeframe : 1 hour



No result was found by the Central Candlesticks scanner on Japanese candlesticks.


ProTrendLines
S3
S2
S1
R1
R2
R3
Price


S3S2S1PriceR1R2R3
ProTrendLines 6.7286 6.7683 6.8003 6.8063 6.8501 7.0130 7.1545
Change (%) -1.14% -0.56% -0.09% - +0.64% +3.04% +5.12%
Change -0.0777 -0.0380 -0.0060 - +0.0438 +0.2067 +0.3482
Level Minor Minor Intermediate - 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
Standard6.78806.80816.82296.84306.85786.87796.8927
Camarilla6.82806.83126.83446.83766.84086.84406.8472
Woodie6.78536.80686.82026.84176.85516.87666.8900
Fibonacci6.80816.82156.82976.84306.85646.86466.8779


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard6.62156.67496.75636.80976.89116.94457.0259
Camarilla6.80056.81296.82526.83766.85006.86236.8747
Woodie6.63546.68196.77026.81676.90506.95157.0398
Fibonacci6.67496.72646.75826.80976.86126.89306.9445


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard6.33656.47936.59876.74156.86097.00377.1231
Camarilla6.64596.66996.69406.71806.74206.76616.7901
Woodie6.32476.47356.58696.73576.84916.99797.1113
Fibonacci6.47936.57956.64146.74156.84176.90367.0037

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): 38.12
MACD (12,26,9): -0.0046
Directional Movement: -10.5151
AROON (14): -7.1429
DEMA (21): 6.8236
Parabolic SAR (0,02-0,02-0,2): 6.8381
Elder Ray (13): -0.0115
Super Trend (3,10): 6.8437
Zig ZAG (10): 6.8100
VORTEX (21): 0.9176
Stochastique (14,3,5): 34.82
TEMA (21): 6.8187
Williams %R (14): -80.21
Chande Momentum Oscillator (20): -0.0075
Repulse (5,40,3): -0.2891
ROCnROLL: 2
TRIX (15,9): -0.0060
Courbe Coppock: 0.31
MA7: 6.8064
MA20: 6.7636
MA50: 6.6832
MA100: 6.6309
MAexp7: 6.8213
MAexp20: 6.8286
MAexp50: 6.8295
MAexp100: 6.8175
Price / MA7: +0.00%
Price / MA20: +0.63%
Price / MA50: +1.84%
Price / MA100: +2.65%
Price / MAexp7: -0.22%
Price / MAexp20: -0.33%
Price / MAexp50: -0.34%
Price / MAexp100: -0.16%

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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Londinia
Londinia AI

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