CHF/DKK - 1H - Technical analysis published on 09/13/2023 (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 bearish
Underlying:
Strongly bearish
Technical indicators
22%
50%
28%
My opinion
Bearish under 7.7932 DKK
My targets
7.7653 DKK (-0.0149)
7.6905 DKK (-0.0897)
My analysis
The bearish trend is currently very strong for CHF/DKK. As long as the price remains below the resistance at 7.7932 DKK, you could try to take advantage of the bearish rally. The first bearish objective is located at 7.7653 DKK. The bearish momentum would be revived by a break in this support. Sellers would then use the next support located at 7.6905 DKK as an objective. Crossing it would then enable sellers to target 7.5559 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.
Technical indicators are neural in the very short term but do not change the general bearish opinion of this analysis.
Force
0
10
7
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This analysis was given by Londinia. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
CHF/DKK rating 7.7802 DKK. The price registered a decrease of -0.02% on the session and was between 7.7729 DKK and 7.7939 DKK. This implies that the price is at +0.09% from its lowest and at -0.18% from its highest.7.7729
7.7939
7.7802
A bearish opening was detected by the Central Gaps scanner. Sellers are trying to impose a bearish trend in the very short term.
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:
Near a new HIGH record (5 years)
Type : Bullish
Timeframe : Weekly
Near a new HIGH record (1 year)
Type : Bullish
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
Technical analysis of CHF/DKK in 1H shows a overall strongly bearish trend. 92.86% 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 scanner does not detect any result on moving averages that would impact this trend.
In fact, of the 18 technical indicators analysed by Central Analyzer, 4 are bullish, 5 are neutral and 9 are bearish. The Central Indicators scanner found this result concerning these indicators:
MACD crosses DOWN its Moving Average
Type : Bearish
Timeframe : 1 hour
Central Patterns, the scanner specializing in chart patterns, did not identify any signals.
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 | 7.5559 | 7.6905 | 7.7653 | 7.7802 | 7.7932 | 7.8155 | 7.8362 |
| Change (%) | -2.88% | -1.15% | -0.19% | - | +0.17% | +0.45% | +0.72% |
| Change | -0.2243 | -0.0897 | -0.0149 | - | +0.0130 | +0.0353 | +0.0560 |
| Level | Major | Intermediate | Minor | - | Minor | Intermediate | Major |
Attention could also be paid to pivot points to set price objectives:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 7.7285 | 7.7526 | 7.7671 | 7.7912 | 7.8057 | 7.8298 | 7.8443 |
| Camarilla | 7.7710 | 7.7745 | 7.7781 | 7.7816 | 7.7851 | 7.7887 | 7.7922 |
| Woodie | 7.7237 | 7.7502 | 7.7623 | 7.7888 | 7.8009 | 7.8274 | 7.8395 |
| Fibonacci | 7.7526 | 7.7674 | 7.7765 | 7.7912 | 7.8060 | 7.8151 | 7.8298 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 7.5127 | 7.6487 | 7.7265 | 7.8625 | 7.9403 | 8.0763 | 8.1541 |
| Camarilla | 7.7456 | 7.7652 | 7.7848 | 7.8044 | 7.8240 | 7.8436 | 7.8632 |
| Woodie | 7.4837 | 7.6342 | 7.6975 | 7.8480 | 7.9113 | 8.0618 | 8.1251 |
| Fibonacci | 7.6487 | 7.7303 | 7.7808 | 7.8625 | 7.9441 | 7.9946 | 8.0763 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 7.6130 | 7.6675 | 7.7249 | 7.7794 | 7.8368 | 7.8913 | 7.9487 |
| Camarilla | 7.7516 | 7.7619 | 7.7721 | 7.7824 | 7.7927 | 7.8029 | 7.8132 |
| Woodie | 7.6146 | 7.6682 | 7.7265 | 7.7801 | 7.8384 | 7.8920 | 7.9503 |
| Fibonacci | 7.6675 | 7.7102 | 7.7366 | 7.7794 | 7.8221 | 7.8485 | 7.8913 |
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): | 39.50 | |
| MACD (12,26,9): | -0.0031 | |
| Directional Movement: | -9.1657 | |
| AROON (14): | -42.8571 | |
| DEMA (21): | 7.7819 | |
| Parabolic SAR (0,02-0,02-0,2): | 7.7892 | |
| Elder Ray (13): | -0.0043 | |
| Super Trend (3,10): | 7.8004 | |
| Zig ZAG (10): | 7.7805 | |
| VORTEX (21): | 0.8675 | |
| Stochastique (14,3,5): | 38.36 | |
| TEMA (21): | 7.7812 | |
| Williams %R (14): | -56.19 | |
| Chande Momentum Oscillator (20): | 0.0017 | |
| Repulse (5,40,3): | -0.0672 | |
| ROCnROLL: | 2 | |
| TRIX (15,9): | -0.0059 | |
| Courbe Coppock: | 0.08 |
| MA7: | 7.7971 | |
| MA20: | 7.7944 | |
| MA50: | 7.7642 | |
| MA100: | 7.6978 | |
| MAexp7: | 7.7831 | |
| MAexp20: | 7.7860 | |
| MAexp50: | 7.7911 | |
| MAexp100: | 7.7952 | |
| Price / MA7: | -0.22% | |
| Price / MA20: | -0.18% | |
| Price / MA50: | +0.21% | |
| Price / MA100: | +1.07% | |
| Price / MAexp7: | -0.04% | |
| Price / MAexp20: | -0.07% | |
| Price / MAexp50: | -0.14% | |
| Price / MAexp100: | -0.19% |
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.
About author
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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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