CAD/DKK - 1H - Technical analysis published on 04/01/2025 (GMT)
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- Timeframe : 1H
- - Analysis generated on
- Status : INVALID
Summary of the analysis
Trends
Short term:
Strongly bearish
Underlying:
Strongly bearish
Technical indicators
33%
50%
17%
My opinion
Bearish under 4.8109 DKK
My targets
4.7788 DKK (-0.0133)
4.7691 DKK (-0.0230)
My analysis
The bearish trend is currently very strong for CAD/DKK. As long as the price remains below the resistance at 4.8109 DKK, you could try to take advantage of the bearish rally. The first bearish objective is located at 4.7788 DKK. The bearish momentum would be revived by a break in this support. Sellers would then use the next support located at 4.7691 DKK as an objective. Crossing it would then enable sellers to target 4.7339 DKK. Be careful, given the powerful bearish rally underway, excesses could lead to a short-term rebound. 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.
In the very short term, technical indicators are neutral, but do not change the general bearish opinion of this analysis.
Force
0
10
6.6
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Additional analysis
Quotes
The CAD/DKK rating is 4.7921 DKK. On the day, this instrument gained +0.00% with the lowest point at 4.7862 DKK and the highest point at 4.7931 DKK. The deviation from the price is +0.12% for the low point and -0.02% for the high point.4.7862
4.7931
4.7921
A study of price movements over other periods shows the following variations:
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 LOW record (1st january)
Type : Bearish
Timeframe : Weekly
Near a new HIGH record (1 month)
Type : Bullish
Timeframe : Weekly
Technical
Technical analysis of CAD/DKK in 1H shows a overall strongly bearish trend. The signals given by moving averages are 92.86% bearish. This strong bearish trend is confirmed by the strong signals currently being given by short-term moving averages. The Central Indicators market scanner currently does not detect any result that concerns moving averages.
An assessment of technical indicators does not currently provide any relevant information on the direction of future price movements.
The Central Indicators scanner specialised in technical indicators, has not detected anything further.
The Central Patterns scanner, which studies chart patterns, resistances and supports, has identified this signal:
Near support of channel
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
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 4.7339 | 4.7691 | 4.7788 | 4.7921 | 4.7948 | 4.8109 | 4.8377 |
| Change (%) | -1.21% | -0.48% | -0.28% | - | +0.06% | +0.39% | +0.95% |
| Change | -0.0582 | -0.0230 | -0.0133 | - | +0.0027 | +0.0188 | +0.0456 |
| Level | Intermediate | Intermediate | Minor | - | Intermediate | Minor | Minor |
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 | 4.7501 | 4.7704 | 4.7813 | 4.8016 | 4.8125 | 4.8328 | 4.8437 |
| Camarilla | 4.7837 | 4.7866 | 4.7894 | 4.7923 | 4.7952 | 4.7980 | 4.8009 |
| Woodie | 4.7455 | 4.7681 | 4.7767 | 4.7993 | 4.8079 | 4.8305 | 4.8391 |
| Fibonacci | 4.7704 | 4.7823 | 4.7897 | 4.8016 | 4.8135 | 4.8209 | 4.8328 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 4.7146 | 4.7549 | 4.7848 | 4.8251 | 4.8550 | 4.8953 | 4.9252 |
| Camarilla | 4.7954 | 4.8018 | 4.8083 | 4.8147 | 4.8211 | 4.8276 | 4.8340 |
| Woodie | 4.7094 | 4.7523 | 4.7796 | 4.8225 | 4.8498 | 4.8927 | 4.9200 |
| Fibonacci | 4.7549 | 4.7817 | 4.7983 | 4.8251 | 4.8519 | 4.8685 | 4.8953 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 4.4063 | 4.5548 | 4.6735 | 4.8220 | 4.9407 | 5.0892 | 5.2079 |
| Camarilla | 4.7188 | 4.7433 | 4.7678 | 4.7923 | 4.8168 | 4.8413 | 4.8658 |
| Woodie | 4.3915 | 4.5474 | 4.6587 | 4.8146 | 4.9259 | 5.0818 | 5.1931 |
| Fibonacci | 4.5548 | 4.6568 | 4.7199 | 4.8220 | 4.9240 | 4.9871 | 5.0892 |
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): | 37.38 | |
| MACD (12,26,9): | -0.0061 | |
| Directional Movement: | -13.9917 | |
| AROON (14): | -64.2857 | |
| DEMA (21): | 4.7896 | |
| Parabolic SAR (0,02-0,02-0,2): | 4.8003 | |
| Elder Ray (13): | -0.0037 | |
| Super Trend (3,10): | 4.8064 | |
| Zig ZAG (10): | 4.7919 | |
| VORTEX (21): | 0.8738 | |
| Stochastique (14,3,5): | 23.52 | |
| TEMA (21): | 4.7894 | |
| Williams %R (14): | -72.98 | |
| Chande Momentum Oscillator (20): | -0.0055 | |
| Repulse (5,40,3): | 0.0379 | |
| ROCnROLL: | 2 | |
| TRIX (15,9): | -0.0181 | |
| Courbe Coppock: | 0.46 |
| MA7: | 4.8221 | |
| MA20: | 4.7968 | |
| MA50: | 4.9129 | |
| MA100: | 4.9677 | |
| MAexp7: | 4.7926 | |
| MAexp20: | 4.7979 | |
| MAexp50: | 4.8090 | |
| MAexp100: | 4.8163 | |
| Price / MA7: | -0.62% | |
| Price / MA20: | -0.10% | |
| Price / MA50: | -2.46% | |
| Price / MA100: | -3.53% | |
| Price / MAexp7: | -0.01% | |
| Price / MAexp20: | -0.12% | |
| Price / MAexp50: | -0.35% | |
| Price / MAexp100: | -0.50% |
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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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…
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