CHF/DKK - 1H - Technical analysis published on 05/04/2021 (GMT)
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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 bullish
Underlying:
Strongly bullish
Technical indicators
89%
0%
11%
My opinion
Bullish above 6.7671 DKK
My targets
6.7827 DKK (+0.0068)
6.8633 DKK (+0.0874)
My analysis
CHF/DKK is part of a very strong bullish trend. Traders may consider trading only long positions (at the time of purchase) as long as the price remains well above 6.7671 DKK. The next resistance located at 6.7827 DKK is the next bullish objective to be reached. A bullish break in this resistance would boost the bullish momentum. The bullish movement could then continue towards the next resistance located at 6.8633 DKK. After this resistance, buyers could then target 6.8925 DKK. With the current pattern, you will need to monitor for possible bullish 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 bullish trend. Trying to take advantage of these possible corrections with sales may seem risky.
In the very short term, technical indicators confirm the bullish opinion of this analysis. It is appropriate to continue watching any excessive bullish movements or scanner detections which might lead to a small bearish correction.
Force
0
10
8.6
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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 6.7759 DKK. On the day, this instrument gained +0.17% and was traded between 6.7530 DKK and 6.7808 DKK over the period. The price is currently at +0.34% from its lowest and -0.07% from its highest.6.7530
6.7808
6.7759
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
Near a new LOW record (1 month)
Type : Bearish
Timeframe : Weekly
Technical
A technical analysis in 1H of this CHF/DKK chart shows a strongly bullish trend. The signals given by the moving averages are 89.29% bullish. This strong bullish trend is confirmed by the strong signals currently being given by short-term moving averages. There is no crossing of moving average by the price or crossing of moving averages between themselves.
In fact, 16 technical indicators on 18 studied are currently positioned bullish. Caution: the Central Indicators scanner currently detects an excess:
CCI indicator is overbought : over 100
Type : Neutral
Timeframe : 1 hour
Williams %R indicator is overbought : over -20
Type : Neutral
Timeframe : 1 hour
Price is back over the pivot point
Type : Bullish
Timeframe : Weekly
Central Patterns, the market scanner focusing on chart patterns, resistances and supports found this result:
Horizontal resistance is broken
Type : Bullish
Timeframe : 1 hour
The Central Candlesticks scanner which studies Japanese candlesticks did not detect anything.
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 6.7535 | 6.7671 | 6.7740 | 6.7759 | 6.7827 | 6.8633 | 6.8925 |
| Change (%) | -0.33% | -0.13% | -0.03% | - | +0.10% | +1.29% | +1.72% |
| Change | -0.0224 | -0.0088 | -0.0019 | - | +0.0068 | +0.0874 | +0.1166 |
| Level | Intermediate | Minor | Intermediate | - | Major | Major | Minor |
Attention could also be paid to pivot points to set price objectives:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 6.7192 | 6.7340 | 6.7494 | 6.7642 | 6.7796 | 6.7944 | 6.8098 |
| Camarilla | 6.7564 | 6.7592 | 6.7619 | 6.7647 | 6.7675 | 6.7702 | 6.7730 |
| Woodie | 6.7194 | 6.7342 | 6.7496 | 6.7644 | 6.7798 | 6.7946 | 6.8100 |
| Fibonacci | 6.7340 | 6.7456 | 6.7527 | 6.7642 | 6.7758 | 6.7829 | 6.7944 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 6.6697 | 6.6913 | 6.7335 | 6.7551 | 6.7973 | 6.8189 | 6.8611 |
| Camarilla | 6.7581 | 6.7639 | 6.7698 | 6.7756 | 6.7815 | 6.7873 | 6.7932 |
| Woodie | 6.6799 | 6.6965 | 6.7437 | 6.7603 | 6.8075 | 6.8241 | 6.8713 |
| Fibonacci | 6.6913 | 6.7157 | 6.7308 | 6.7551 | 6.7795 | 6.7946 | 6.8189 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 6.6300 | 6.6597 | 6.7176 | 6.7473 | 6.8052 | 6.8349 | 6.8928 |
| Camarilla | 6.7515 | 6.7595 | 6.7676 | 6.7756 | 6.7836 | 6.7917 | 6.7997 |
| Woodie | 6.6442 | 6.6668 | 6.7318 | 6.7544 | 6.8194 | 6.8420 | 6.9070 |
| Fibonacci | 6.6597 | 6.6931 | 6.7138 | 6.7473 | 6.7807 | 6.8014 | 6.8349 |
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): | 65.80 | |
| MACD (12,26,9): | 0.0030 | |
| Directional Movement: | 13.1476 | |
| AROON (14): | 57.1428 | |
| DEMA (21): | 6.7723 | |
| Parabolic SAR (0,02-0,02-0,2): | 6.7576 | |
| Elder Ray (13): | 0.0086 | |
| Super Trend (3,10): | 6.7601 | |
| Zig ZAG (10): | 6.7785 | |
| VORTEX (21): | 1.1288 | |
| Stochastique (14,3,5): | 90.26 | |
| TEMA (21): | 6.7748 | |
| Williams %R (14): | -12.23 | |
| Chande Momentum Oscillator (20): | 0.0213 | |
| Repulse (5,40,3): | 0.1066 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | 0.0024 | |
| Courbe Coppock: | 0.33 |
| MA7: | 6.7521 | |
| MA20: | 6.7484 | |
| MA50: | 6.7338 | |
| MA100: | 6.8060 | |
| MAexp7: | 6.7728 | |
| MAexp20: | 6.7676 | |
| MAexp50: | 6.7639 | |
| MAexp100: | 6.7577 | |
| Price / MA7: | +0.35% | |
| Price / MA20: | +0.41% | |
| Price / MA50: | +0.63% | |
| Price / MA100: | -0.44% | |
| Price / MAexp7: | +0.05% | |
| Price / MAexp20: | +0.12% | |
| Price / MAexp50: | +0.18% | |
| Price / MAexp100: | +0.27% |
Quotes :
-
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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