CHF/DKK - Daily - Technical analysis published on 06/18/2021 (GMT)
- 219
- 0
- Timeframe : Daily
- - Analysis generated on
- Status : NEUTRAL
Summary of the analysis
Trends
Short term:
Neutral
Underlying:
Slightly bullish
Technical indicators
28%
17%
56%
My opinion
Neutral between 6.7680 DKK and 6.8633 DKK
My targets
-
My analysis
A slightly bullish trend and a neutral short term. With such a pattern, it is difficult to favour buying or selling. The first resistance is located at 6.8633 DKK. The first support is located at 6.7680 DKK. A very slight advantage is given by the slightly bullish basic trend so that the resistance is reached first, but should we take this into account? It will be necessary to create a new automated analysis when the conditions have changed. This may be the case, for example, when the first resistance has been broken above or the first support has been broken below.
In the very short term, the neutral opinion of this analysis is confirmed by technical indicators which are also neutral.
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.
This analysis was given by Vincent Launay. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
The CHF/DKK price is 6.8002 DKK. The price registered a decrease of -0.03% on the session with the lowest point at 6.7885 DKK and the highest point at 6.8108 DKK. The deviation from the price is +0.17% for the low point and -0.16% for the high point.6.7885
6.8108
6.8002
The Central Gaps scanner detects a bullish opening. A small advantage for buyers in the very short term.
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
Technical
Technical analysis of this Daily chart of CHF/DKK indicates that the overall trend is slightly bullish. Only 60.71% of the signals given by moving averages are bullish. This slightly bullish trend could return to neutral given the neutral signals also given by short-term moving averages. An assessment of moving averages reveals several bearish and bullish signals:
Bearish trend reversal : adaptative moving average 20
Type : Bearish
Timeframe : Daily
Moving Average bullish crossovers : MA50 & MA100
Type : Bullish
Timeframe : Daily
In fact, Central Analyzer took into account 18 technical indicators and the result was as follows: 5 are bullish, 10 are neutral and 3 are bearish. Other results related to technical indicators were also found by the Central Indicators scanner:
Pivot points : price is under support 1
Type : Neutral
Timeframe : Weekly
Parabolic SAR indicator bearish reversal
Type : Bearish
Timeframe : Daily
Price is back over the pivot point
Type : Bullish
Timeframe : Weekly
Price is back under the pivot point
Type : Bearish
Timeframe : Daily
Central Patterns, the market scanner focusing on chart patterns, resistances and supports found these results:
Resistance of channel is broken
Type : Bullish
Timeframe : Daily
Horizontal support is broken
Type : Bearish
Timeframe : Daily
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 | 6.7268 | 6.7680 | 6.7985 | 6.8002 | 6.8633 | 6.9131 | 6.9515 |
| Change (%) | -1.08% | -0.47% | -0.02% | - | +0.93% | +1.66% | +2.22% |
| Change | -0.0734 | -0.0322 | -0.0017 | - | +0.0631 | +0.1129 | +0.1513 |
| Level | Minor | Intermediate | Major | - | Major | Intermediate | 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 | 6.7645 | 6.7830 | 6.7925 | 6.8110 | 6.8205 | 6.8390 | 6.8485 |
| Camarilla | 6.7944 | 6.7970 | 6.7995 | 6.8021 | 6.8047 | 6.8072 | 6.8098 |
| Woodie | 6.7601 | 6.7808 | 6.7881 | 6.8088 | 6.8161 | 6.8368 | 6.8441 |
| Fibonacci | 6.7830 | 6.7937 | 6.8003 | 6.8110 | 6.8217 | 6.8283 | 6.8390 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 6.7581 | 6.7750 | 6.8078 | 6.8247 | 6.8575 | 6.8744 | 6.9072 |
| Camarilla | 6.8269 | 6.8315 | 6.8360 | 6.8406 | 6.8452 | 6.8497 | 6.8543 |
| Woodie | 6.7661 | 6.7790 | 6.8158 | 6.8287 | 6.8655 | 6.8784 | 6.9152 |
| Fibonacci | 6.7750 | 6.7940 | 6.8057 | 6.8247 | 6.8437 | 6.8554 | 6.8744 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 6.6749 | 6.7086 | 6.7380 | 6.7717 | 6.8011 | 6.8348 | 6.8642 |
| Camarilla | 6.7501 | 6.7558 | 6.7616 | 6.7674 | 6.7732 | 6.7790 | 6.7848 |
| Woodie | 6.6728 | 6.7075 | 6.7359 | 6.7706 | 6.7990 | 6.8337 | 6.8621 |
| Fibonacci | 6.7086 | 6.7327 | 6.7476 | 6.7717 | 6.7958 | 6.8107 | 6.8348 |
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): | 50.33 | |
| MACD (12,26,9): | 0.0108 | |
| Directional Movement: | -0.5568 | |
| AROON (14): | 57.1428 | |
| DEMA (21): | 6.8176 | |
| Parabolic SAR (0,02-0,02-0,2): | 6.8408 | |
| Elder Ray (13): | -0.0085 | |
| Super Trend (3,10): | 6.7624 | |
| Zig ZAG (10): | 6.7980 | |
| VORTEX (21): | 1.0864 | |
| Stochastique (14,3,5): | 58.72 | |
| TEMA (21): | 6.8192 | |
| Williams %R (14): | -52.47 | |
| Chande Momentum Oscillator (20): | 0.0180 | |
| Repulse (5,40,3): | -0.3088 | |
| ROCnROLL: | -1 | |
| TRIX (15,9): | 0.0254 | |
| Courbe Coppock: | 0.96 |
| MA7: | 6.8198 | |
| MA20: | 6.8007 | |
| MA50: | 6.7782 | |
| MA100: | 6.7759 | |
| MAexp7: | 6.8112 | |
| MAexp20: | 6.8026 | |
| MAexp50: | 6.7877 | |
| MAexp100: | 6.7950 | |
| Price / MA7: | -0.29% | |
| Price / MA20: | -0.01% | |
| Price / MA50: | +0.32% | |
| Price / MA100: | +0.36% | |
| Price / MAexp7: | -0.16% | |
| Price / MAexp20: | -0.04% | |
| Price / MAexp50: | +0.18% | |
| Price / MAexp100: | +0.08% |
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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