CHF/DKK - 1H - Technical analysis published on 10/02/2020 (GMT)
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- Timeframe : 1H
- - Analysis generated on
- Status : TARGET REACHED
Analysis too old. There are no more charts available.
Summary of the analysis
Trends
Court terme:
Bearish
De fond:
Bullish
Technical indicators
33%
17%
50%
My opinion
Bullish above 6.8869 DKK
My targets
6.9060 DKK (+0.0092)
6.9173 DKK (+0.0205)
My analysis
The basic trend is bullish on CHF/DKK and in the short term, the price is attempting to correct. For the time being, this is only a simple technical correction and the basic trend is not threatened. For the correction to be confirmed, it would have to at least return to below the support 6.8869 DKK. Sellers would then use the next support located at 6.8775 DKK as an objective. Crossing it would then enable sellers to target 6.8625 DKK. If there is a return to above the resistance located at 6.9060 DKK, this would be a sign of a reversal in the basic bullish trend. The next bullish objectives will be 6.9173 DKK and 6.9217 DKK by extension.
Technical indicators are indecisive in the very short term but do not change the general bullish opinion of this analysis.
Force
0
10
1.6
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This analysis was given by Vincent Launay. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
CHF/DKK rating 6.8968 DKK. On the day, this instrument gained +0.00% and was between 6.8919 DKK and 6.9129 DKK. This implies that the price is at +0.07% from its lowest and at -0.23% from its highest.6.8919
6.9129
6.8968
The Central Gaps scanner detects a bullish opening marking the presence of buyers ahead of sellers at the opening but not sufficiently marked to allow the price to register a quotation gap.
Bullish opening
Type : Bullish
Timeframe : Openning
Here is a more detailed summary of the historical variations registered by CHF/DKK:
Near a new HIGH record (5 years)
Type : Bullish
Timeframe : Weekly
Abnormal volumes on CHF/DKK were detected by the Central Volumes scanner:
Abnormal volumes
Timeframe : 20 days
Technical
A technical analysis in 1H of this CHF/DKK chart shows a bullish trend. 64.29% of the signals given by moving averages are bullish. Caution: the slightly bearish signals currently being given by short-term moving averages indicate that this bullish trend may be running out of steam. The Central Indicators scanner detects bullish signals on moving averages that could impact this trend:
Bullish trend reversal : adaptative moving average 100
Type : Bullish
Timeframe : 1 hour
Bullish price crossover with Moving Average 20
Type : Bullish
Timeframe : 1 hour
Bullish price crossover with Moving Average 50
Type : Bullish
Timeframe : 1 hour
Bullish price crossover with Moving Average 100
Type : Bullish
Timeframe : 1 hour
Bullish price crossover with adaptative moving average 20
Type : Bullish
Timeframe : 1 hour
Bullish price crossover with adaptative moving average 50
Type : Bullish
Timeframe : 1 hour
In fact, of the 18 technical indicators analysed by Central Analyzer, 6 are bullish, 9 are neutral and 3 are bearish. Central Indicators, the detector scanner for these technical indicators has recently detected several signals:
RSI indicator is back over 50
Type : Bullish
Timeframe : 1 hour
Price is back over the pivot point
Type : Bullish
Timeframe : 1 hour
Momentum indicator is back over 0
Type : Bullish
Timeframe : 1 hour
Central Patterns, the market scanner focusing on chart patterns, resistances and supports found these results:
Near horizontal resistance
Type : Bearish
Timeframe : 1 hour
Resistance of channel is broken
Type : Bullish
Timeframe : 1 hour
No result was found by the Central Candlesticks scanner on Japanese candlesticks.
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 6.8821 | 6.8869 | 6.8945 | 6.8968 | 6.9008 | 6.9060 | 6.9173 |
| Change (%) | -0.21% | -0.14% | -0.03% | - | +0.06% | +0.13% | +0.30% |
| Change | -0.0147 | -0.0099 | -0.0023 | - | +0.0040 | +0.0092 | +0.0205 |
| Level | Intermediate | Major | Intermediate | - | Minor | Intermediate | Minor |
Attention could also be paid to pivot points to set price objectives:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 6.8606 | 6.8738 | 6.8853 | 6.8985 | 6.9100 | 6.9232 | 6.9347 |
| Camarilla | 6.8899 | 6.8922 | 6.8944 | 6.8967 | 6.8990 | 6.9012 | 6.9035 |
| Woodie | 6.8597 | 6.8734 | 6.8844 | 6.8981 | 6.9091 | 6.9228 | 6.9338 |
| Fibonacci | 6.8738 | 6.8833 | 6.8891 | 6.8985 | 6.9080 | 6.9138 | 6.9232 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 6.6793 | 6.7401 | 6.8217 | 6.8825 | 6.9641 | 7.0249 | 7.1065 |
| Camarilla | 6.8640 | 6.8771 | 6.8902 | 6.9032 | 6.9163 | 6.9293 | 6.9424 |
| Woodie | 6.6896 | 6.7453 | 6.8320 | 6.8877 | 6.9744 | 7.0301 | 7.1168 |
| Fibonacci | 6.7401 | 6.7945 | 6.8281 | 6.8825 | 6.9369 | 6.9705 | 7.0249 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 6.8316 | 6.8529 | 6.8746 | 6.8959 | 6.9176 | 6.9389 | 6.9606 |
| Camarilla | 6.8844 | 6.8883 | 6.8923 | 6.8962 | 6.9001 | 6.9041 | 6.9080 |
| Woodie | 6.8317 | 6.8530 | 6.8747 | 6.8960 | 6.9177 | 6.9390 | 6.9607 |
| Fibonacci | 6.8529 | 6.8694 | 6.8795 | 6.8959 | 6.9124 | 6.9225 | 6.9389 |
Numerical data
The following is the status of the technical indicators and moving averages at the time of publication of this technical analysis:
Technical indicators
Moving averages
| RSI (14): | 51.99 | |
| MACD (12,26,9): | 0.0003 | |
| Directional Movement: | 5.1312 | |
| AROON (14): | -28.5715 | |
| DEMA (21): | 6.8998 | |
| Parabolic SAR (0,02-0,02-0,2): | 6.9113 | |
| Elder Ray (13): | -0.0004 | |
| Super Trend (3,10): | 6.8883 | |
| Zig ZAG (10): | 6.9002 | |
| VORTEX (21): | 1.0154 | |
| Stochastique (14,3,5): | 37.46 | |
| TEMA (21): | 6.8988 | |
| Williams %R (14): | -62.38 | |
| Chande Momentum Oscillator (20): | 0.0012 | |
| Repulse (5,40,3): | 0.0259 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | 0.0012 | |
| Courbe Coppock: | 0.04 |
| MA7: | 6.8899 | |
| MA20: | 6.9005 | |
| MA50: | 6.9051 | |
| MA100: | 6.9359 | |
| MAexp7: | 6.8995 | |
| MAexp20: | 6.8992 | |
| MAexp50: | 6.8984 | |
| MAexp100: | 6.8980 | |
| Price / MA7: | +0.10% | |
| Price / MA20: | -0.05% | |
| Price / MA50: | -0.12% | |
| Price / MA100: | -0.56% | |
| Price / MAexp7: | -0.04% | |
| Price / MAexp20: | -0.03% | |
| Price / MAexp50: | -0.02% | |
| Price / MAexp100: | -0.02% |
Quotes :
2020-10-02 14:06:44
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Real time data
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Forex
This member declared not having a position on this financial instrument or a related financial instrument.
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