Londinia Opportunities Analyses - 03/24/2025 (GMT) NZD/DKK - 1H

- DKK (-)
- Real time data - Forex
Type: Forex
Ticker: NZDDKK
ISIN:

Oops, I was wrong about that analysis. My threshold for invalidation has been broken.
  • FX/Indices
  • Timeframe : 1H
  • - Analysis generated on
  • Status : INVALID

Summary of the analysis

Trends
Short term: Strongly bearish
Underlying: Strongly bearish
Technical indicators
11%
72%
17%
My opinion
Bearish under 3.9550 DKK
My targets
3.9142 DKK (-0.0290)
3.8975 DKK (-0.0457)
My analysis
NZD/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 3.9550 DKK. The next support located at 3.9142 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 3.8975 DKK. Below this support, sellers could then target 2.9206 DKK. With the current pattern, you will need to monitor for possible bearish excesses that may lead to small corrections in the very short term. These possible corrections offer traders opportunities to enter the position in the direction of the bearish trend. Trying to profit from the purchase of these possible corrections may seem risky.

In the very short term, the general bearish sentiment is confirmed by technical indicators. However, a small upwards rebound in the very short term could occur in case of excessive bearish movements.
Force
0
10
7.7

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.

Additional analysis

Quotes

The NZD/DKK price is 3.9432 DKK. On the day, this instrument lost -0.39% and was between 3.9430 DKK and 3.9600 DKK. This implies that the price is at +0.01% from its lowest and at -0.42% from its highest.

3.9430
3.9600
3.9432

The Central Gaps scanner detects a bearish opening marking the presence of sellers ahead of buyers at the opening but not sufficiently marked to allow the price to register a quotation gap.

Central Gaps

Bearish opening

Type : Bearish

Timeframe : Openning



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 (5 years)

Type : Bearish

Timeframe : Weekly


Near a new LOW record (1 year)

Type : Bearish

Timeframe : Weekly


Near a new HIGH record (1st january)

Type : Bullish

Timeframe : Weekly


Near a new HIGH record (1 month)

Type : Bullish

Timeframe : Weekly



Technical


A technical analysis in 1H of this NZD/DKK chart shows a sharp bearish trend. 89.29% of the signals given by moving averages are bearish. The overall trend is supported by the strong bearish signals from short-term moving averages. The Central Indicators market scanner currently does not detect any result that concerns moving averages.

In fact, 13 technical indicators on 18 studied are currently positioned 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 scanner specialised in technical indicators, has identified this signal:

Central Indicators

Pivot points : price is under support 1 (Daily)

Type : Neutral

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 currently notes the presence of this pattern in Japanese candlesticks that could mark the end of the short-term trend currently underway:

Central Candlesticks

White hanging man / hammer

Type : Neutral

Timeframe : 1 hour




ProTrendLines
S3
S2
S1
R1
R2
R3
Price


S3S2S1PriceR1R2R3
ProTrendLines 3.8975 3.9142 3.9413 3.9432 3.9550 3.9669 3.9858
Change (%) -1.16% -0.74% -0.05% - +0.30% +0.60% +1.08%
Change -0.0457 -0.0290 -0.0019 - +0.0118 +0.0237 +0.0426
Level Major Minor Major - Minor 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
Standard3.93543.94343.95103.95903.96663.97463.9822
Camarilla3.95443.95583.95733.95873.96013.96163.9630
Woodie3.93533.94333.95093.95893.96653.97453.9821
Fibonacci3.94343.94933.95303.95903.96493.96863.9746


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard3.88973.91443.93653.96123.98334.00804.0301
Camarilla3.94583.95013.95443.95873.96303.96733.9716
Woodie3.88853.91383.93533.96063.98214.00744.0289
Fibonacci3.91443.93223.94333.96123.97903.99014.0080


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard3.89433.95283.98794.04644.08154.14004.1751
Camarilla3.99734.00584.01444.02304.03164.04024.0487
Woodie3.88263.94703.97624.04064.06984.13424.1634
Fibonacci3.95283.98864.01064.04644.08224.10424.1400

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): 32.56
MACD (12,26,9): -0.0030
Directional Movement: -21.7024
AROON (14): -100.0000
DEMA (21): 3.9505
Parabolic SAR (0,02-0,02-0,2): 3.9556
Elder Ray (13): -0.0075
Super Trend (3,10): 3.9576
Zig ZAG (10): 3.9444
VORTEX (21): 0.7801
Stochastique (14,3,5): 6.82
TEMA (21): 3.9471
Williams %R (14): -88.55
Chande Momentum Oscillator (20): -0.0084
Repulse (5,40,3): -0.0895
ROCnROLL: 2
TRIX (15,9): -0.0068
Courbe Coppock: 0.44
MA7: 3.9616
MA20: 3.9700
MA50: 4.0284
MA100: 4.0692
MAexp7: 3.9484
MAexp20: 3.9539
MAexp50: 3.9570
MAexp100: 3.9567
Price / MA7: -0.46%
Price / MA20: -0.68%
Price / MA50: -2.11%
Price / MA100: -3.10%
Price / MAexp7: -0.13%
Price / MAexp20: -0.27%
Price / MAexp50: -0.35%
Price / MAexp100: -0.34%

Quotes : - Real time data - Forex