DKK/CZK - 1H - Technical analysis published on 12/07/2022 (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
Short term:
Bearish
Underlying:
Strongly bearish
Technical indicators
33%
11%
56%
My opinion
Bearish under 3.2744 CZK
My targets
3.2672 CZK (-0.0022)
3.2601 CZK (-0.0093)
My analysis
All elements being clearly bearish, it would be possible for traders to trade only short positions (for sale) on DKK/CZK as long as the price remains well below 3.2744 CZK. The next bearish objective for sellers is set at 3.2672 CZK. A bearish break of this support would revive the bearish momentum. The sellers could then target the support located at 3.2601 CZK. If there is any crossing, the next objective would be the support located at 3.2199 CZK. Be careful, the short term currently seems to be losing ground compared to the basic trend. Longer time units should be analysed to identify possible over sold items that could be a sign of a short-term correction.
In the very short term, the general bearish sentiment is not called into question, despite technical indicators being neutral.
Force
0
10
3.6
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This analysis was given by Londinia. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
The DKK/CZK rating is 3.2694 CZK. The price has increased by +0.00% since the last closing with the lowest point at 3.2687 CZK and the highest point at 3.2720 CZK. The deviation from the price is +0.02% for the low point and -0.08% for the high point.3.2687
3.2720
3.2694
A study of price movements over other periods shows the following variations:
Near a new LOW record (5 years)
Type : Bearish
Timeframe : Weekly
Near a new LOW record (1 year)
Type : Bearish
Timeframe : Weekly
Near a new LOW record (1st january)
Type : Bearish
Timeframe : Weekly
Near a new HIGH record (1 month)
Type : Bullish
Timeframe : Weekly
Technical
Technical analysis of DKK/CZK in 1H shows a overall strongly bearish trend. 82.14% of the signals given by moving averages are bearish. The slightly bearish signals from short-term moving averages show that the overall trend is slowing down. An assessment of moving averages reveals a bullish signal that could impact this trend:
Moving Average bullish crossovers : MA20 & MA50
Type : Bullish
Timeframe : 1 hour
In fact, of the 18 technical indicators analysed by Central Analyzer, 6 are bullish, 10 are neutral and 2 are bearish. Central Indicators, the scanner specialised in technical indicators, has identified these signals:
Pivot points : price is under support 1
Type : Neutral
Timeframe : Weekly
RSI indicator is back under 50
Type : Bearish
Timeframe : 1 hour
MACD indicator is back under 0
Type : Bearish
Timeframe : 1 hour
Price is back over the pivot point
Type : Bullish
Timeframe : 1 hour
The analysis of the price chart with Central Patterns scanners does not return any result.
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 | 3.2655 | 3.2672 | 3.2687 | 3.2694 | 3.2725 | 3.2744 | 3.2766 |
| Change (%) | -0.12% | -0.07% | -0.02% | - | +0.09% | +0.15% | +0.22% |
| Change | -0.0039 | -0.0022 | -0.0007 | - | +0.0031 | +0.0050 | +0.0072 |
| Level | Minor | Intermediate | Minor | - | 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 | 3.2580 | 3.2622 | 3.2659 | 3.2701 | 3.2738 | 3.2780 | 3.2817 |
| Camarilla | 3.2673 | 3.2681 | 3.2688 | 3.2695 | 3.2702 | 3.2710 | 3.2717 |
| Woodie | 3.2577 | 3.2621 | 3.2656 | 3.2700 | 3.2735 | 3.2779 | 3.2814 |
| Fibonacci | 3.2622 | 3.2653 | 3.2671 | 3.2701 | 3.2732 | 3.2750 | 3.2780 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 3.2601 | 3.2644 | 3.2721 | 3.2764 | 3.2841 | 3.2884 | 3.2961 |
| Camarilla | 3.2765 | 3.2776 | 3.2787 | 3.2798 | 3.2809 | 3.2820 | 3.2831 |
| Woodie | 3.2618 | 3.2653 | 3.2738 | 3.2773 | 3.2858 | 3.2893 | 3.2978 |
| Fibonacci | 3.2644 | 3.2690 | 3.2718 | 3.2764 | 3.2810 | 3.2838 | 3.2884 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 3.2159 | 3.2377 | 3.2554 | 3.2772 | 3.2949 | 3.3167 | 3.3344 |
| Camarilla | 3.2623 | 3.2660 | 3.2696 | 3.2732 | 3.2768 | 3.2804 | 3.2841 |
| Woodie | 3.2140 | 3.2367 | 3.2535 | 3.2762 | 3.2930 | 3.3157 | 3.3325 |
| Fibonacci | 3.2377 | 3.2528 | 3.2621 | 3.2772 | 3.2923 | 3.3016 | 3.3167 |
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): | 51.90 | |
| MACD (12,26,9): | 0.0000 | |
| Directional Movement: | 6.3927 | |
| AROON (14): | -35.7142 | |
| DEMA (21): | 3.2698 | |
| Parabolic SAR (0,02-0,02-0,2): | 3.2678 | |
| Elder Ray (13): | -0.0001 | |
| Super Trend (3,10): | 3.2738 | |
| Zig ZAG (10): | 3.2702 | |
| VORTEX (21): | 1.0519 | |
| Stochastique (14,3,5): | 36.62 | |
| TEMA (21): | 3.2704 | |
| Williams %R (14): | -54.55 | |
| Chande Momentum Oscillator (20): | 0.0002 | |
| Repulse (5,40,3): | 0.0364 | |
| ROCnROLL: | -1 | |
| TRIX (15,9): | -0.0001 | |
| Courbe Coppock: | 0.04 |
| MA7: | 3.2732 | |
| MA20: | 3.2734 | |
| MA50: | 3.2851 | |
| MA100: | 3.2939 | |
| MAexp7: | 3.2700 | |
| MAexp20: | 3.2699 | |
| MAexp50: | 3.2707 | |
| MAexp100: | 3.2721 | |
| Price / MA7: | -0.12% | |
| Price / MA20: | -0.12% | |
| Price / MA50: | -0.48% | |
| Price / MA100: | -0.74% | |
| Price / MAexp7: | -0.02% | |
| Price / MAexp20: | -0.02% | |
| Price / MAexp50: | -0.04% | |
| 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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