Londinia Opportunities Analyses - 05/14/2024 (GMT) DKK/SGD - 1H
- FX/Indices
- Timeframe : 1H
- - Analysis generated on
- Status : INVALID
Summary of the analysis
Trends
Short term:
Strongly bullish
Underlying:
Strongly bullish
Technical indicators
67%
0%
33%
My opinion
Bullish above 0.1959 SGD
My targets
0.1964 SGD (+0.0003)
0.1969 SGD (+0.0008)
My analysis
The bullish trend is currently very strong on DKK/SGD. As long as the price remains above the support at 0.1959 SGD, you could try to benefit from the boom. The first bullish objective is located at 0.1964 SGD. The bullish momentum would be boosted by a break in this resistance. Buyers would then use the next resistance located at 0.1969 SGD as an objective. Crossing it would then enable buyers to target 0.1979 SGD. Be careful, given the powerful bullish rally underway, excesses could lead to a possible correction in the short term. 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 confirm the bullish opinion of this analysis in thevery short term. However, be careful of excessive bullish movements. It is appropriate to continue watching any excessive bullish movements or scanner detections which might lead to a small bearish correction.
Force
0
10
8.2
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Additional analysis
Quotes
DKK/SGD rating 0.1961 SGD. The price registered an increase of +0.20% on the session with the lowest point at 0.1956 SGD and the highest point at 0.1961 SGD. The deviation from the price is +0.26% for the low point and 0% for the high point.0.1956
0.1961
0.1961
Here is a more detailed summary of the historical variations registered by DKK/SGD:
Near a new HIGH record (1 year)
Type : Bullish
Timeframe : Weekly
Near a new LOW record (1st january)
Type : Bearish
Timeframe : Weekly
New HIGH record (1 month)
Type : Bullish
Timeframe : Weekly
Technical
A technical analysis in 1H of this DKK/SGD chart shows a strongly bullish trend. 92.86% of the signals given by moving averages are bullish. This strongly bullish trend is supported by the strong bullish signals given by short-term moving averages. The Central Indicators scanner does not detect any result on moving averages that would impact this trend.
In fact, according to the parameters integrated into the Central Analyzer system, 12 technical indicators out of 18 analysed are currently bullish. Caution: the Central Indicators scanner currently detects an excess:
Williams %R indicator is overbought : over -20
Type : Neutral
Timeframe : 1 hour
Pivot points : price is over resistance 1
Type : Neutral
Timeframe : 1 hour
Pivot points : price is over resistance 1
Type : Neutral
Timeframe : Weekly
Central Patterns, the scanner specializing in chart patterns, did not identify any signals.
The Central Candlesticks scanner, specialised in Japanese candlesticks, did not identify any signals.
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 0.1954 | 0.1955 | 0.1959 | 0.1961 | 0.1964 | 0.1969 | 0.1979 |
| Change (%) | -0.36% | -0.31% | -0.10% | - | +0.15% | +0.41% | +0.92% |
| Change | -0.0007 | -0.0006 | -0.0002 | - | +0.0003 | +0.0008 | +0.0018 |
| Level | Intermediate | Intermediate | Intermediate | - | Intermediate | Major | Minor |
To determine price objectives, it is also possible to use the pivot points. Here is the price position in relation to pivot points:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.1949 | 0.1952 | 0.1954 | 0.1957 | 0.1959 | 0.1962 | 0.1964 |
| Camarilla | 0.1956 | 0.1956 | 0.1957 | 0.1957 | 0.1958 | 0.1958 | 0.1958 |
| Woodie | 0.1950 | 0.1952 | 0.1955 | 0.1957 | 0.1960 | 0.1962 | 0.1965 |
| Fibonacci | 0.1952 | 0.1954 | 0.1955 | 0.1957 | 0.1959 | 0.1960 | 0.1962 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.1940 | 0.1943 | 0.1950 | 0.1953 | 0.1960 | 0.1963 | 0.1970 |
| Camarilla | 0.1953 | 0.1954 | 0.1955 | 0.1956 | 0.1957 | 0.1958 | 0.1959 |
| Woodie | 0.1941 | 0.1944 | 0.1951 | 0.1954 | 0.1961 | 0.1964 | 0.1971 |
| Fibonacci | 0.1943 | 0.1947 | 0.1950 | 0.1953 | 0.1957 | 0.1960 | 0.1963 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.1914 | 0.1926 | 0.1939 | 0.1951 | 0.1964 | 0.1976 | 0.1989 |
| Camarilla | 0.1945 | 0.1947 | 0.1950 | 0.1952 | 0.1954 | 0.1957 | 0.1959 |
| Woodie | 0.1915 | 0.1926 | 0.1940 | 0.1951 | 0.1965 | 0.1976 | 0.1990 |
| Fibonacci | 0.1926 | 0.1936 | 0.1942 | 0.1951 | 0.1961 | 0.1967 | 0.1976 |
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): | 68.28 | |
| MACD (12,26,9): | 0.0001 | |
| Directional Movement: | 4.2784 | |
| AROON (14): | 35.7142 | |
| DEMA (21): | 0.1960 | |
| Parabolic SAR (0,02-0,02-0,2): | 0.1957 | |
| Elder Ray (13): | 0.0001 | |
| Super Trend (3,10): | 0.1958 | |
| Zig ZAG (10): | 0.1961 | |
| VORTEX (21): | 1.1500 | |
| Stochastique (14,3,5): | 86.67 | |
| TEMA (21): | 0.1961 | |
| Williams %R (14): | 0.00 | |
| Chande Momentum Oscillator (20): | 0.0002 | |
| Repulse (5,40,3): | 0.0310 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | 0.0060 | |
| Courbe Coppock: | 0.31 |
| MA7: | 0.1955 | |
| MA20: | 0.1952 | |
| MA50: | 0.1953 | |
| MA100: | 0.1952 | |
| MAexp7: | 0.1960 | |
| MAexp20: | 0.1959 | |
| MAexp50: | 0.1958 | |
| MAexp100: | 0.1957 | |
| Price / MA7: | +0.31% | |
| Price / MA20: | +0.46% | |
| Price / MA50: | +0.41% | |
| Price / MA100: | +0.46% | |
| Price / MAexp7: | +0.05% | |
| Price / MAexp20: | +0.10% | |
| Price / MAexp50: | +0.15% | |
| Price / MAexp100: | +0.20% |
Quotes :
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Real time data
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Forex