DKK/CZK
DKK CZK
- CZK (-)
- Real time data - Forex
Open: -
Change: -
Volume: -
Low: -
High: -
High / Low range: -
Type: Forex
Ticker: DKKCZK
ISIN:

DKK/CZK - 1H - Technical analysis published on 10/19/2021 (GMT)

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  • Timeframe : 1H
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  • Status : TARGET REACHED

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Summary of the analysis

Trends
Short term: Neutral
Underlying: Bullish
Technical indicators
22%
56%
22%
My opinion
Bullish above 3.4148 CZK
My targets
3.4250 CZK (+0.0059)
3.4537 CZK (+0.0346)
My analysis
We are currently in a phase of short-term indecision. In a case like this, you could favour trades in the direction of the basic trend on DKK/CZK. As long as you are above the support located at 3.4148 CZK, traders with an aggressive trading strategy could consider a purchase. A cross of the resistance located at 3.4250 CZK would be a signal that the basic trade will reverse and the short-term trend could then quickly become bullish. Buyers would then use the next resistance located at 3.4537 CZK as an objective. Crossing it would then enable buyers to target 3.4764 CZK. If the support 3.4148 CZK were to be broken, this would simply be a sign of a possible continuation of short-term consolidation and trading against the trend would then perhaps be more risky.

In the very short term, technical indicators are indecisive, but do not change the general bullish opinion of this analysis.
Force
0
10
1.4

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:
15 min. Daily Weekly

Additional analysis

Quotes

The DKK/CZK price is 3.4191 CZK. The price is lower by -0.14% since the last closing and was between 3.4180 CZK and 3.4250 CZK. This implies that the price is at +0.03% from its lowest and at -0.17% from its highest.

3.4180
3.4250
3.4191

The Central Gaps scanner detects a bullish opening. A small advantage for buyers in the very short term.

Central Gaps

Bullish opening

Type : Bullish

Timeframe : Openning



So that you have an overall view of the price change, here is a table showing the variations over several periods:
The Central Records scanner for higher/lower results shows an item:

Central Records

Near a new LOW record (5 years)

Type : Bearish

Timeframe : Weekly



Technical


Technical analysis of DKK/CZK in 1H shows an overall bullish trend. 71.43% of the signals given by moving averages are bullish. Caution: the neutral signals currently given by short-term moving averages show us that the global trend is losing momentum. The Central Indicators scanner does not detect any result on moving averages that would impact this trend.

On the 18 technical indicators analysed, 4 are bullish, 4 are neutral and 10 are bearish. Central Indicators, the scanner specialised in technical indicators, has identified these signals:

Central Indicators

Parabolic SAR indicator bullish reversal

Type : Bullish

Timeframe : 1 hour


Price is back under the pivot point

Type : Bearish

Timeframe : Weekly


Williams %R indicator is back over -50

Type : Bullish

Timeframe : 1 hour



The Central Patterns scanner, which studies chart patterns, resistances and supports, has identified this signal:

Central Patterns

Horizontal resistance 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


S3S2S1PriceR1R2R3
ProTrendLines 3.4055 3.4105 3.4148 3.4191 3.4198 3.4250 3.4537
Change (%) -0.40% -0.25% -0.13% - +0.02% +0.17% +1.01%
Change -0.0136 -0.0086 -0.0043 - +0.0007 +0.0059 +0.0346
Level Major Minor Major - Minor Intermediate Intermediate



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
Standard3.39663.40263.41323.41923.42983.43583.4464
Camarilla3.41923.42083.42233.42383.42533.42683.4284
Woodie3.39893.40383.41553.42043.43213.43703.4487
Fibonacci3.40263.40893.41293.41923.42553.42953.4358


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard3.38433.39483.40273.41323.42113.43163.4395
Camarilla3.40543.40713.40883.41053.41223.41393.4156
Woodie3.38293.39423.40133.41263.41973.43103.4381
Fibonacci3.39483.40193.40623.41323.42033.42463.4316


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard3.34203.36743.38723.41263.43243.45783.4776
Camarilla3.39453.39863.40283.40693.41103.41523.4193
Woodie3.33913.36603.38433.41123.42953.45643.4747
Fibonacci3.36743.38473.39543.41263.42993.44063.4578

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): 41.76
MACD (12,26,9): 0.0015
Directional Movement: -9.8228
AROON (14): -71.4286
DEMA (21): 3.4243
Parabolic SAR (0,02-0,02-0,2): 3.4250
Elder Ray (13): -0.0014
Super Trend (3,10): 3.4275
Zig ZAG (10): 3.4190
VORTEX (21): 1.0323
Stochastique (14,3,5): 38.43
TEMA (21): 3.4239
Williams %R (14): -88.89
Chande Momentum Oscillator (20): -0.0050
Repulse (5,40,3): -0.1990
ROCnROLL: -1
TRIX (15,9): 0.0104
Courbe Coppock: 0.02
MA7: 3.4151
MA20: 3.4152
MA50: 3.4181
MA100: 3.4255
MAexp7: 3.4224
MAexp20: 3.4219
MAexp50: 3.4186
MAexp100: 3.4163
Price / MA7: +0.12%
Price / MA20: +0.11%
Price / MA50: +0.03%
Price / MA100: -0.19%
Price / MAexp7: -0.10%
Price / MAexp20: -0.08%
Price / MAexp50: +0.01%
Price / MAexp100: +0.08%

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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